What does a Finance Clerk do?
Finance clerks are financial professionals who are responsible for performing various administrative tasks such as keeping financial records, preparing bills, and delivering excellent customer service. These clerks are required to process bills, checks, receipts, and other documents to ensure that they are all properly signed and distributed. They must verify financial and other data so that they can enter those data into the database and maintain updated records. Finance clerks must also assist with account reconciliations and should report the status of accounts and discrepancies to the management.
Finance clerk responsibilities
Here are examples of responsibilities from real finance clerk resumes:
- Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
- Collaborate with insurance company representatives, case managers and physicians to obtain treatment authorization for potential kidney and kidney/pancreas transplant patients.
- Write checks in the QuickBooks software to vendors and to reimburse employees.
- Establish customer files in QuickBooks, write and test work instructions for clients, log and close complete files.
- Produce PowerPoint presentations in order to brief the command team of the on goings within the company.
- Used an automate information system (PeopleSoft) to edit, modify, and verify customers personal and payment information.
- Create database reports and Microsoft PowerPoint presentations.
- Create credit statements in AS400.
- Create rent contracts in PeopleSoft and assist division offices with modifications.
- Develop AS400 queries for improve managerial reporting and internal audit.
Finance clerk skills and personality traits
We calculated that 16% of Finance Clerks are proficient in Data Entry, Purchase Orders, and HR. They’re also known for soft skills such as Computer skills, Detail oriented, and Integrity.
We break down the percentage of Finance Clerks that have these skills listed on their resume here:
- Data Entry, 16%
Perform daily financial and operational data entry, complete analysis and reconciliation of financial data, record journal entries.
- Purchase Orders, 9%
Maintained and closed Purchase Orders Communicated with vendors via telephone Prepared documents using word processing, spreadsheet and database software
- HR, 5%
Input employee information into the HR data system.
- Bank Statements, 5%
Assisted in organizing City elections, assisted in completing twenty monthly bank statements
- Bank Deposits, 5%
Prepared bank deposits as necessary and periodically reconciled various account receivable accounts as needed.
- Credit Card, 4%
Entered customers payments into PeopleSoft system using credit card information.
"data entry," "purchase orders," and "hr" are among the most common skills that finance clerks use at work. You can find even more finance clerk responsibilities below, including:
Computer skills. To carry out their duties, the most important skill for a finance clerk to have is computer skills. Their role and responsibilities require that "bookkeeping, accounting, and auditing clerks need to be comfortable using computer spreadsheets and bookkeeping software." Finance clerks often use computer skills in their day-to-day job, as shown by this real resume: "performed data entry by entering various financial and personal information needed by staff into computer. "
Detail oriented. Another soft skill that's essential for fulfilling finance clerk duties is detail oriented. The role rewards competence in this skill because "bookkeeping, accounting, and auditing clerks are responsible for producing accurate financial records." According to a finance clerk resume, here's how finance clerks can utilize detail oriented in their job responsibilities: "managed financial transactions and record keeping with strict attention to detail. "
Integrity. finance clerks are also known for integrity, which are critical to their duties. You can see how this skill relates to finance clerk responsibilities, because "bookkeeping, accounting, and auditing clerks have control of an organization’s financial documentation, which they must use properly and keep confidential." A finance clerk resume example shows how integrity is used in the workplace: "coordinate trust account transfers and perform bank reconciliations. "
Math skills. For certain finance clerk responsibilities to be completed, the job requires competence in "math skills." The day-to-day duties of a finance clerk rely on this skill, as "bookkeeping, accounting, and auditing clerks deal with numbers daily and should be comfortable with basic arithmetic." For example, this snippet was taken directly from a resume about how this skill applies to what finance clerks do: "collaborated with manager with data entry of operational statistics for monthly analysis. "
The three companies that hire the most finance clerks are:
- Live Nation Entertainment3 finance clerks jobs
- Aramark2 finance clerks jobs
- State of Georgia: Teachers Retirement System of Georgia2 finance clerks jobs
Choose from 10+ customizable finance clerk resume templates
Build a professional finance clerk resume in minutes. Our AI resume writing assistant will guide you through every step of the process, and you can choose from 10+ resume templates to create your finance clerk resume.Compare different finance clerks
Finance clerk vs. Bookkeeper
Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.
While similarities exist, there are also some differences between finance clerks and bookkeeper. For instance, finance clerk responsibilities require skills such as "bank statements," "credit card," "telephone calls," and "office equipment." Whereas a bookkeeper is skilled in "payroll tax returns," "customer service," "reconciliations," and "credit card accounts." This is part of what separates the two careers.
Bookkeepers earn the highest salaries when working in the manufacturing industry, with an average yearly salary of $42,063. On the other hand, finance clerks are paid more in the government industry with an average salary of $40,090.On average, bookkeepers reach similar levels of education than finance clerks. Bookkeepers are 0.0% more likely to earn a Master's Degree and 0.6% less likely to graduate with a Doctoral Degree.Finance clerk vs. Accounts receivable clerk
An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.
In addition to the difference in salary, there are some other key differences worth noting. For example, finance clerk responsibilities are more likely to require skills like "hr," "credit card," "telephone calls," and "general ledger accounts." Meanwhile, an accounts receivable clerk has duties that require skills in areas such as "customer service," "collection calls," "credit card payments," and "cash receipts." These differences highlight just how different the day-to-day in each role looks.
On average, accounts receivable clerks earn a lower salary than finance clerks. Some industries support higher salaries in each profession. Interestingly enough, accounts receivable clerks earn the most pay in the finance industry with an average salary of $37,882. Whereas finance clerks have higher pay in the government industry, with an average salary of $40,090.accounts receivable clerks earn similar levels of education than finance clerks in general. They're 1.9% less likely to graduate with a Master's Degree and 0.6% less likely to earn a Doctoral Degree.Finance clerk vs. Accounts payable clerk
An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.
Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from finance clerk resumes include skills like "telephone calls," "financial transactions," "office equipment," and "process invoices," whereas an accounts payable clerk is more likely to list skills in "customer service," "vendor statements," "payroll," and "reconciliations. "
Accounts payable clerks earn the highest salary when working in the technology industry, where they receive an average salary of $41,570. Comparatively, finance clerks have the highest earning potential in the government industry, with an average salary of $40,090.When it comes to education, accounts payable clerks tend to earn similar degree levels compared to finance clerks. In fact, they're 0.3% less likely to earn a Master's Degree, and 0.6% less likely to graduate with a Doctoral Degree.Finance clerk vs. Shop clerk
A shop clerk is primarily in charge of assisting clients in a retail store, ensuring efficient service for client satisfaction. Their responsibilities include greeting and identifying the clients' needs, answering inquiries, locating products, offering promotions, and recommending alternatives as needed. They must also maintain the cleanliness of the sales floor, clearing the obstructions and disposing of expired or defective products. Furthermore, a shop clerk must manage the product displays, devising strategies to make them more presentable to the customers.
Types of finance clerk
Updated January 8, 2025