Mortgage accounting clerk vs accounting assistant

The differences between mortgage accounting clerks and accounting assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a mortgage accounting clerk and an accounting assistant. Additionally, an accounting assistant has an average salary of $39,569, which is higher than the $34,994 average annual salary of a mortgage accounting clerk.

The top three skills for a mortgage accounting clerk include data entry, mortgage loans and . The most important skills for an accounting assistant are data entry, customer service, and reconciliations.

Mortgage accounting clerk vs accounting assistant overview

	Mortgage Accounting Clerk	Accounting Assistant
Yearly salary	$34,994	$39,569
Hourly rate	$16.82	$19.02
Growth rate	-5%	-5%
Number of jobs	84,098	63,945
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 55%
Average age	51	51
Years of experience	6	6

Mortgage accounting clerk vs accounting assistant salary

Mortgage accounting clerks and accounting assistants have different pay scales, as shown below.

	Mortgage Accounting Clerk	Accounting Assistant
Average salary	$34,994	$39,569
Salary range	Between $26,000 And $45,000	Between $30,000 And $50,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	Los Alamos National Laboratory
Best paying industry	-	Finance

Differences between mortgage accounting clerk and accounting assistant education

There are a few differences between a mortgage accounting clerk and an accounting assistant in terms of educational background:

	Mortgage Accounting Clerk	Accounting Assistant
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 55%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Mortgage accounting clerk vs accounting assistant demographics

Here are the differences between mortgage accounting clerks' and accounting assistants' demographics:

	Mortgage Accounting Clerk	Accounting Assistant
Average age	51	51
Gender ratio	Male, 26.3% Female, 73.7%	Male, 20.1% Female, 79.9%
Race ratio	Black or African American, 4.9% Unknown, 3.9% Hispanic or Latino, 10.7% Asian, 5.4% White, 74.6% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between mortgage accounting clerk and accounting assistant duties and responsibilities

Mortgage accounting clerk example responsibilities.

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Research outages from unclear payment.
Issue new EIN number and evaluations to venders and IRS.
Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Prepare costing for new proucts a.BOM b.
Record daily cash transactions and perform bank reconciliation to assure that corporate funds/assets are maintain and assets are protect.

Accounting assistant example responsibilities.

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
Reconcile departmental report cash against banking ACH transactions.
Process mortgage portfolio monthly payments and interest accruals.
Utilize online system for calculating payroll and family tuition payments.

Mortgage accounting clerk vs accounting assistant skills

Common mortgage accounting clerk skills

Data Entry, 54%
Mortgage Loans, 46%

Common accounting assistant skills

Data Entry, 13%
Customer Service, 11%
Reconciliations, 8%
Purchase Orders, 7%
Credit Card Payments, 6%
General Ledger Accounts, 5%

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Mortgage Accounting Clerk
Mortgage Accounting Clerk vs Accounting Assistant

Updated January 8, 2025

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