Post job

Principal account clerk vs finance clerk

The differences between principal account 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 principal account clerk and a finance clerk. Additionally, a finance clerk has an average salary of $39,225, which is higher than the $32,077 average annual salary of a principal account clerk.

The top three skills for a principal account clerk include payroll processing, purchase orders and data entry. The most important skills for a finance clerk are data entry, purchase orders, and HR.

Principal account clerk vs finance clerk overview

Principal Account ClerkFinance Clerk
Yearly salary$32,077$39,225
Hourly rate$15.42$18.86
Growth rate-5%-5%
Number of jobs157,387143,372
Job satisfaction--
Most common degreeAssociate Degree, 40%Bachelor's Degree, 44%
Average age5151
Years of experience66

Principal account clerk vs finance clerk salary

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

Principal Account ClerkFinance Clerk
Average salary$32,077$39,225
Salary rangeBetween $26,000 And $39,000Between $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 principal account clerk and finance clerk education

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

Principal Account ClerkFinance Clerk
Most common degreeAssociate Degree, 40%Bachelor's Degree, 44%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Principal account clerk vs finance clerk demographics

Here are the differences between principal account clerks' and finance clerks' demographics:

Principal Account ClerkFinance Clerk
Average age5151
Gender ratioMale, 18.3% Female, 81.7%Male, 26.2% Female, 73.8%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.7% White, 67.1% 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 Percentage7%7%

Differences between principal account clerk and finance clerk duties and responsibilities

Principal account clerk example responsibilities.

  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Prepare garnishments for processing into PeopleSoft as well as notifying employees and the different garnishing services.
  • Close patient contact, appropriate decision-making concerning patient financial affairs and coordination between patients and third-party sponsorship for further financial assistance.
  • Process and file claims against courier or ATM owners for shortages unresolve.
  • Respond to inquiries from internal organization and external customers regarding package processing, delivery information and services offer by USPS stores.

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.
  • Show more

Principal account clerk vs finance clerk skills

Common principal account clerk skills
  • Payroll Processing, 23%
  • Purchase Orders, 16%
  • Data Entry, 13%
  • Journal Entries, 10%
  • Vendor Checks, 9%
  • Reconciliations, 8%
Common finance clerk skills
  • Data Entry, 16%
  • Purchase Orders, 9%
  • HR, 5%
  • Bank Statements, 5%
  • Bank Deposits, 5%
  • Credit Card, 4%

Browse office and administrative jobs