Ledger clerk vs finance clerk

The differences between ledger 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 ledger clerk and a finance clerk. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $33,104 average annual salary of a ledger clerk.

The top three skills for a ledger clerk include general ledger, balance sheet accounts and data entry. The most important skills for a finance clerk are data entry, purchase orders, and HR.

Ledger clerk vs finance clerk overview

	Ledger Clerk	Finance Clerk
Yearly salary	$33,104	$39,225
Hourly rate	$15.92	$18.86
Growth rate	-5%	-5%
Number of jobs	66,670	143,372
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 40%	Bachelor's Degree, 44%
Average age	51	51
Years of experience	6	6

Ledger clerk vs finance clerk salary

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

	Ledger Clerk	Finance Clerk
Average salary	$33,104	$39,225
Salary range	Between $27,000 And $40,000	Between $27,000 And $56,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	United States Courts
Best paying industry	-	Government

Differences between ledger clerk and finance clerk education

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

	Ledger Clerk	Finance Clerk
Most common degree	Bachelor's Degree, 40%	Bachelor's Degree, 44%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Ledger clerk vs finance clerk demographics

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

	Ledger Clerk	Finance Clerk
Average age	51	51
Gender ratio	Male, 23.4% Female, 76.6%	Male, 26.2% Female, 73.8%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% 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 Percentage	7%	7%

Differences between ledger clerk and finance clerk duties and responsibilities

Ledger clerk example responsibilities.

Manage multiple deadlines for numerous payroll divisions and complex division budget reports with accurately and efficiently.
Account reconciliations, post journal entries, trial balance, work at registration.
Perform month-end closing including journal entry preparations and account reconciliations.
Record daily cash transactions and perform bank reconciliation to assure that corporate funds/assets are maintain and assets are protect.
Prepare accounting entries for the AS400 accounting software.
Review and reconcile transaction reports in AS400 to isolate discrepancies that need additional research.

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.

Ledger clerk vs finance clerk skills

Common ledger clerk skills

General Ledger, 36%
Balance Sheet Accounts, 14%
Data Entry, 13%
Reconciliations, 13%
Invoice, 5%
Bank Accounts, 4%

Common finance clerk skills

Data Entry, 16%
Purchase Orders, 9%
HR, 5%
Bank Statements, 5%
Bank Deposits, 5%
Credit Card, 4%