Finance processing clerk vs clerk

The differences between finance processing clerks and clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a finance processing clerk, becoming a clerk takes usually requires 1-2 years. Additionally, a finance processing clerk has an average salary of $36,290, which is higher than the $31,163 average annual salary of a clerk.

The top three skills for a finance processing clerk include data entry, financial transactions and outbound calls. The most important skills for a clerk are basic math, math, and data entry.

Finance processing clerk vs clerk overview

	Finance Processing Clerk	Clerk
Yearly salary	$36,290	$31,163
Hourly rate	$17.45	$14.98
Growth rate	-5%	-5%
Number of jobs	140,293	80,311
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 33%
Average age	51	47
Years of experience	6	2

Finance processing clerk vs clerk salary

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

	Finance Processing Clerk	Clerk
Average salary	$36,290	$31,163
Salary range	Between $28,000 And $46,000	Between $24,000 And $39,000
Highest paying City	Carlsbad, CA	Washington, DC
Highest paying state	California	New Hampshire
Best paying company	Plante & Moran PLLC.	University of Massachusetts Boston
Best paying industry	Government	Health Care

Differences between finance processing clerk and clerk education

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

	Finance Processing Clerk	Clerk
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 33%
Most common major	Business	Business
Most common college	University of Pennsylvania	Western Carolina University

Finance processing clerk vs clerk demographics

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

	Finance Processing Clerk	Clerk
Average age	51	47
Gender ratio	Male, 31.8% Female, 68.2%	Male, 34.1% Female, 65.9%
Race ratio	Black 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, 9.9% Unknown, 4.7% Hispanic or Latino, 21.1% Asian, 7.7% White, 55.6% American Indian and Alaska Native, 1.1%
LGBT Percentage	7%	6%

Differences between finance processing clerk and 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.

Clerk example responsibilities.

Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
Manage orthopedic accounts regarding payment posting through IDX medical systems.
Administer financial bookkeeping by way of QuickBooks.
Bank reconciliation in QuickBooks and assist bookkeeper when need.
Maintain a high level of confidentiality as required by HIPAA.
Call DMV's and dealerships when liens are not perfect.

Finance processing clerk vs 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 clerk skills

Basic Math, 18%
Math, 10%
Data Entry, 10%
Customer Service, 9%
Cleanliness, 8%
POS, 5%