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Invoice clerk vs finance clerk

The differences between invoice 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 an invoice clerk and a finance clerk. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $36,146 average annual salary of an invoice clerk.

The top three skills for an invoice clerk include data entry, customer service and purchase orders. The most important skills for a finance clerk are data entry, purchase orders, and HR.

Invoice clerk vs finance clerk overview

Invoice ClerkFinance Clerk
Yearly salary$36,146$39,225
Hourly rate$17.38$18.86
Growth rate-5%-5%
Number of jobs70,289143,372
Job satisfaction--
Most common degreeHigh School Diploma, 31%Bachelor's Degree, 44%
Average age5151
Years of experience66

Invoice clerk vs finance clerk salary

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

Invoice ClerkFinance Clerk
Average salary$36,146$39,225
Salary rangeBetween $29,000 And $43,000Between $27,000 And $56,000
Highest paying CityShakopee, MNNew York, NY
Highest paying stateAlaskaNew York
Best paying companyStratford GroupUnited States Courts
Best paying industryEnergyGovernment

Differences between invoice clerk and finance clerk education

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

Invoice ClerkFinance Clerk
Most common degreeHigh School Diploma, 31%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Invoice clerk vs finance clerk demographics

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

Invoice ClerkFinance Clerk
Average age5151
Gender ratioMale, 14.8% Female, 85.2%Male, 26.2% Female, 73.8%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 6.5% White, 67.9% 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 invoice clerk and finance clerk duties and responsibilities

Invoice clerk example responsibilities.

  • Manage accounts payable (a/p) team, ensuring daily goals are met (500-1000 invoices/day).
  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Invoice, file, sort paperwork, enter data, some payroll, work front desk some.
  • Assist students with completing financial aid, work study, and appeals paperwork as well as doing the FAFSA on-line.
  • Analyze and troubleshot potential problematic discrepancies in financial reports and in-house guest reservations.
  • Scan BOL's over for billing.
  • Show more

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

Invoice clerk vs finance clerk skills

Common invoice clerk skills
  • Data Entry, 22%
  • Customer Service, 17%
  • Purchase Orders, 10%
  • Vendor Invoices, 6%
  • Payroll, 4%
  • Credit Card Payments, 3%
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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