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Mortgage accounting clerk vs accounting clerk

The differences between mortgage accounting clerks and accounting 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 mortgage accounting clerk and an accounting clerk. Additionally, an accounting clerk has an average salary of $38,683, 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 clerk are data entry, customer service, and purchase orders.

Mortgage accounting clerk vs accounting clerk overview

Mortgage Accounting ClerkAccounting Clerk
Yearly salary$34,994$38,683
Hourly rate$16.82$18.60
Growth rate-5%-5%
Number of jobs84,098106,969
Job satisfaction--
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 49%
Average age5151
Years of experience66

Mortgage accounting clerk vs accounting clerk salary

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

Mortgage Accounting ClerkAccounting Clerk
Average salary$34,994$38,683
Salary rangeBetween $26,000 And $45,000Between $29,000 And $51,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-Wilson Elser Moskowitz Edelman & Dicker Llp
Best paying industry-Government

Differences between mortgage accounting clerk and accounting clerk education

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

Mortgage Accounting ClerkAccounting Clerk
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 49%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Mortgage accounting clerk vs accounting clerk demographics

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

Mortgage Accounting ClerkAccounting Clerk
Average age5151
Gender ratioMale, 26.3% Female, 73.7%Male, 20.0% Female, 80.0%
Race ratioBlack 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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between mortgage accounting clerk and accounting clerk 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 clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Perform balance sheet reconciliations and resolve open items by notifying employees and vendors of transaction discrepancies.
  • Assist in monthly financial close process by analyzing preliminary departmental expense reports and making necessary adjustments and accruals.
  • Develop a spreadsheet that pulls all data relate to project hours by operation from the ERP system.
  • Process all incoming payments receive via ACH, EFT, or the web; ensure accounts are accurately balance and reconcile.
  • Digitize proof of delivery receipts into ERP system (AS400) serving as an easy backup for employees to verify occurrence.
  • Show more

Mortgage accounting clerk vs accounting clerk skills

Common mortgage accounting clerk skills
  • Data Entry, 54%
  • Mortgage Loans, 46%
Common accounting clerk skills
  • Data Entry, 15%
  • Customer Service, 10%
  • Purchase Orders, 9%
  • Reconciliations, 6%
  • Vendor Invoices, 6%
  • QuickBooks, 3%

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