Reconciliation clerk vs accountant

The differences between reconciliation clerks and accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a reconciliation clerk, becoming an accountant takes usually requires 2-4 years. Additionally, an accountant has an average salary of $54,890, which is higher than the $31,698 average annual salary of a reconciliation clerk.

The top three skills for a reconciliation clerk include reconciliations, general ledger accounts and bank deposits. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Reconciliation clerk vs accountant overview

	Reconciliation Clerk	Accountant
Yearly salary	$31,698	$54,890
Hourly rate	$15.24	$26.39
Growth rate	-5%	6%
Number of jobs	66,942	60,073
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 71%
Average age	51	44
Years of experience	6	4

Reconciliation clerk vs accountant salary

Reconciliation clerks and accountants have different pay scales, as shown below.

	Reconciliation Clerk	Accountant
Average salary	$31,698	$54,890
Salary range	Between $26,000 And $38,000	Between $41,000 And $72,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	Meta
Best paying industry	-	Technology

Differences between reconciliation clerk and accountant education

There are a few differences between a reconciliation clerk and an accountant in terms of educational background:

	Reconciliation Clerk	Accountant
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 71%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Reconciliation clerk vs accountant demographics

Here are the differences between reconciliation clerks' and accountants' demographics:

	Reconciliation Clerk	Accountant
Average age	51	44
Gender ratio	Male, 25.8% Female, 74.2%	Male, 38.2% Female, 61.8%
Race ratio	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%	Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between reconciliation clerk and accountant duties and responsibilities

Reconciliation clerk example responsibilities.

Manage finance operations of assign USPS location.
Prepare monthly journal entries and reconciliations using computerize spreadsheets for balance sheet and income statement accounts.
Switch all paper checks to EFT's.
Start in the lockbox department.
Encode and balance banking transactions.
Encode checks for processing on NCR proof machine.

Accountant example responsibilities.

Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
Manage personnel financial matters including salaries, taxation procedures and other relate issues.
Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.

Reconciliation clerk vs accountant skills

Common reconciliation clerk skills

Reconciliations, 18%
General Ledger Accounts, 15%
Bank Deposits, 10%
Journal Entries, 8%
Financial Statements, 6%
Bank Accounts, 5%

Common accountant skills

Reconciliations, 14%
General Ledger Accounts, 6%
Account Reconciliations, 6%
GAAP, 5%
Payroll Tax Returns, 5%
Customer Service, 5%