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Mortgage accounting clerk vs accounting technician

The differences between mortgage accounting clerks and accounting technicians 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 technician. Additionally, an accounting technician has an average salary of $41,337, 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 technician are customer service, financial reports, and payroll.

Mortgage accounting clerk vs accounting technician overview

Mortgage Accounting ClerkAccounting Technician
Yearly salary$34,994$41,337
Hourly rate$16.82$19.87
Growth rate-5%-5%
Number of jobs84,09839,972
Job satisfaction--
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 51%
Average age5151
Years of experience66

Mortgage accounting clerk vs accounting technician salary

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

Mortgage Accounting ClerkAccounting Technician
Average salary$34,994$41,337
Salary rangeBetween $26,000 And $45,000Between $31,000 And $53,000
Highest paying City-Oakland, CA
Highest paying state-California
Best paying company-W. R. Berkley
Best paying industry-Government

Differences between mortgage accounting clerk and accounting technician education

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

Mortgage Accounting ClerkAccounting Technician
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 51%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Mortgage accounting clerk vs accounting technician demographics

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

Mortgage Accounting ClerkAccounting Technician
Average age5151
Gender ratioMale, 26.3% Female, 73.7%Male, 22.7% Female, 77.3%
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, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

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

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Reconcile the agency SPCC statement each month
  • Audit includes reviewing SPCC invoices and receipts to ensure appropriate tax exemptions are follow.
  • Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
  • Apply GAAP following applicable federal regulations.
  • Maintain adherence to university accounting and GAAP standards.
  • Show more

Mortgage accounting clerk vs accounting technician skills

Common mortgage accounting clerk skills
  • Data Entry, 54%
  • Mortgage Loans, 46%
Common accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%

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