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Finance processing clerk vs finance clerk

The differences between finance processing clerks and finance 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 a finance clerk. Additionally, a finance clerk has an average salary of $39,225, 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 a finance clerk are data entry, purchase orders, and HR.

Finance processing clerk vs finance clerk overview

Finance Processing ClerkFinance Clerk
Yearly salary$36,290$39,225
Hourly rate$17.45$18.86
Growth rate-5%-5%
Number of jobs140,293143,372
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 44%
Average age5151
Years of experience66

Finance processing clerk vs finance clerk salary

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

Finance Processing ClerkFinance Clerk
Average salary$36,290$39,225
Salary rangeBetween $28,000 And $46,000Between $27,000 And $56,000
Highest paying CityCarlsbad, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyPlante & Moran PLLC.United States Courts
Best paying industryGovernmentGovernment

Differences between finance processing clerk and finance clerk education

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

Finance Processing ClerkFinance Clerk
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance processing clerk vs finance clerk demographics

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

Finance Processing ClerkFinance Clerk
Average age5151
Gender ratioMale, 31.8% Female, 68.2%Male, 26.2% Female, 73.8%
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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between finance processing clerk and finance 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.

Finance clerk example responsibilities.

  • 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.
  • Show more

Finance processing clerk vs finance 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 finance clerk skills
  • Data Entry, 16%
  • Purchase Orders, 9%
  • HR, 5%
  • Bank Statements, 5%
  • Bank Deposits, 5%
  • Credit Card, 4%

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