Foreclosure clerk vs accounts receivable clerk

The differences between foreclosure clerks and accounts receivable 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 foreclosure clerk and an accounts receivable clerk. Additionally, an accounts receivable clerk has an average salary of $36,425, which is higher than the $32,734 average annual salary of a foreclosure clerk.

The top three skills for a foreclosure clerk include data entry functions, management system and sale date. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.

Foreclosure clerk vs accounts receivable clerk overview

	Foreclosure Clerk	Accounts Receivable Clerk
Yearly salary	$32,734	$36,425
Hourly rate	$15.74	$17.51
Growth rate	-5%	-5%
Number of jobs	66,375	87,935
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 36%
Average age	51	51
Years of experience	6	6

Foreclosure clerk vs accounts receivable clerk salary

Foreclosure clerks and accounts receivable clerks have different pay scales, as shown below.

	Foreclosure Clerk	Accounts Receivable Clerk
Average salary	$32,734	$36,425
Salary range	Between $28,000 And $37,000	Between $29,000 And $45,000
Highest paying City	-	Boston, MA
Highest paying state	-	Massachusetts
Best paying company	-	IBM
Best paying industry	-	Finance

Differences between foreclosure clerk and accounts receivable clerk education

There are a few differences between a foreclosure clerk and an accounts receivable clerk in terms of educational background:

	Foreclosure Clerk	Accounts Receivable Clerk
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 36%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Foreclosure clerk vs accounts receivable clerk demographics

Here are the differences between foreclosure clerks' and accounts receivable clerks' demographics:

	Foreclosure Clerk	Accounts Receivable Clerk
Average age	51	51
Gender ratio	Male, 19.4% Female, 80.6%	Male, 13.7% Female, 86.3%
Race ratio	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 5.6% White, 68.2% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between foreclosure clerk and accounts receivable clerk duties and responsibilities

Foreclosure clerk example responsibilities.

Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
Provide publications to client websites via LPS, Vendorscape, or Lenstar.
File delinquent mortgage notices with FHA, VA, and PMI.
Collect vehicle information and VIN inspections.
File necessary foreclosure claims with FHA, VA, and PMI.
Copy documents as requested for public and foreclosure mediation or AOC staff; process small copy work requests.

Accounts receivable clerk example responsibilities.

Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
Utilize QuickBooks accounting software for billing/invoices, generate statements.
Perform necessary adjustments using knowledge of Medicare and all third party insurance.
Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.

Foreclosure clerk vs accounts receivable clerk skills

Common foreclosure clerk skills

Data Entry Functions, 45%
Management System, 15%
Sale Date, 12%
Office Equipment, 11%
Demand Letters, 10%
Mortgage Loans, 8%

Common accounts receivable clerk skills

Customer Service, 12%
Data Entry, 9%
Collection Calls, 8%
Financial Data, 7%
Credit Card Payments, 5%
Process Payments, 5%

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Office and Administrative Industry
Foreclosure Clerk
Foreclosure Clerk vs Accounts Receivable Clerk

Updated January 8, 2025

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