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Finance processing clerk vs accountable clerk

The differences between finance processing clerks and accountable clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a finance processing clerk and an accountable clerk. Additionally, an accountable clerk has an average salary of $38,120, which is higher than the $36,290 average annual salary of a finance processing clerk.

The top three skills for a finance processing clerk include data entry, financial transactions and outbound calls. The most important skills for an accountable clerk are data entry, financial reports, and purchase orders.

Finance processing clerk vs accountable clerk overview

Finance Processing ClerkAccountable Clerk
Yearly salary$36,290$38,120
Hourly rate$17.45$18.33
Growth rate-5%-5%
Number of jobs140,29381,209
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 41%
Average age5151
Years of experience66

Finance processing clerk vs accountable clerk salary

Finance processing clerks and accountable clerks have different pay scales, as shown below.

Finance Processing ClerkAccountable Clerk
Average salary$36,290$38,120
Salary rangeBetween $28,000 And $46,000Between $29,000 And $49,000
Highest paying CityCarlsbad, CANew Haven, CT
Highest paying stateCaliforniaMassachusetts
Best paying companyPlante & Moran PLLC.Wayne County, Michigan
Best paying industryGovernmentGovernment

Differences between finance processing clerk and accountable clerk education

There are a few differences between a finance processing clerk and an accountable clerk in terms of educational background:

Finance Processing ClerkAccountable Clerk
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance processing clerk vs accountable clerk demographics

Here are the differences between finance processing clerks' and accountable clerks' demographics:

Finance Processing ClerkAccountable Clerk
Average age5151
Gender ratioMale, 31.8% Female, 68.2%Male, 19.1% Female, 80.9%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.8% American Indian and Alaska Native, 0.6%Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between finance processing clerk and accountable clerk duties and responsibilities

Finance processing clerk example responsibilities.

  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Create various disbursements such as checks, wires and ACH's.
  • Execute origination process, reports and research information for certification.
  • Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
  • Execute general administrative and bookkeeping duties, vehicle billing, and maintain computerized bookkeeping system ADP.

Accountable clerk example responsibilities.

  • Manage the accurate and timely processing of AP invoices for multiple companies.
  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Scan incoming A/P, A/R, bank statements, mail, etc.
  • Review AR aging to ensure compliance.
  • Process, distribute, and maintain AR invoices.
  • Review and handle in-clearing reject items (ACH and checks) and process check adjustments.
  • Show more

Finance processing clerk vs accountable clerk skills

Common finance processing clerk skills
  • Data Entry, 17%
  • Financial Transactions, 15%
  • Outbound Calls, 6%
  • Student Loans, 6%
  • Title IV, 6%
  • External Regulations, 6%
Common accountable clerk skills
  • Data Entry, 11%
  • Financial Reports, 10%
  • Purchase Orders, 8%
  • Customer Service, 8%
  • Process Payroll, 8%
  • Office Equipment, 4%

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