Mortgage accounting clerk vs senior accounting clerk

The differences between mortgage accounting clerks and senior 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 a senior accounting clerk. Additionally, a senior accounting clerk has an average salary of $46,531, 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 a senior accounting clerk are data entry, general ledger accounts, and reconciliations.

Mortgage accounting clerk vs senior accounting clerk overview

	Mortgage Accounting Clerk	Senior Accounting Clerk
Yearly salary	$34,994	$46,531
Hourly rate	$16.82	$22.37
Growth rate	-5%	-5%
Number of jobs	84,098	82,627
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 47%
Average age	51	51
Years of experience	6	6

Mortgage accounting clerk vs senior accounting clerk salary

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

	Mortgage Accounting Clerk	Senior Accounting Clerk
Average salary	$34,994	$46,531
Salary range	Between $26,000 And $45,000	Between $33,000 And $64,000
Highest paying City	-	San Jose, CA
Highest paying state	-	California
Best paying company	-	Encore Capital Group
Best paying industry	-	Finance

Differences between mortgage accounting clerk and senior accounting clerk education

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

	Mortgage Accounting Clerk	Senior Accounting Clerk
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 47%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Mortgage accounting clerk vs senior accounting clerk demographics

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

	Mortgage Accounting Clerk	Senior Accounting Clerk
Average age	51	51
Gender ratio	Male, 26.3% Female, 73.7%	Male, 18.0% Female, 82.0%
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, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between mortgage accounting clerk and senior 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.

Senior accounting clerk example responsibilities.

Manage payroll general ledger accounts including account reconciliations and monthly accruals.
Implement premium accounting statistical reports of all monies collect, including return items and general accounting from bank reconciliations.
Process ACH payments in accordance with company deadlines.
Cross train on many functions within the ACH department.
Monitor and clear holding accounts daily using PeopleSoft; prepare journals as necessary.
Assist with monthly, quarterly, and yearly closing processes, including accruals.

Mortgage accounting clerk vs senior accounting clerk skills

Common mortgage accounting clerk skills

Data Entry, 54%
Mortgage Loans, 46%

Common senior accounting clerk skills

Data Entry, 10%
General Ledger Accounts, 9%
Reconciliations, 8%
Senior Accounting, 7%
Purchase Orders, 7%
Credit Card Payments, 5%

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Mortgage Accounting Clerk
Mortgage Accounting Clerk vs Senior Accounting Clerk

Updated January 8, 2025

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