Settlement clerk vs accountable clerk

The differences between settlement clerks and accountable 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 settlement clerk and an accountable clerk. Additionally, an accountable clerk has an average salary of $38,120, which is higher than the $32,501 average annual salary of a settlement clerk.

The top three skills for a settlement clerk include data entry, settlement statements and administrative tasks. The most important skills for an accountable clerk are data entry, financial reports, and purchase orders.

Settlement clerk vs accountable clerk overview

	Settlement Clerk	Accountable Clerk
Yearly salary	$32,501	$38,120
Hourly rate	$15.63	$18.33
Growth rate	-5%	-5%
Number of jobs	66,380	81,209
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 41%
Average age	51	51
Years of experience	6	6

Settlement clerk vs accountable clerk salary

Settlement clerks and accountable clerks have different pay scales, as shown below.

	Settlement Clerk	Accountable Clerk
Average salary	$32,501	$38,120
Salary range	Between $26,000 And $39,000	Between $29,000 And $49,000
Highest paying City	-	New Haven, CT
Highest paying state	-	Massachusetts
Best paying company	-	Wayne County, Michigan
Best paying industry	-	Government

Differences between settlement clerk and accountable clerk education

There are a few differences between a settlement clerk and an accountable clerk in terms of educational background:

	Settlement Clerk	Accountable Clerk
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Settlement clerk vs accountable clerk demographics

Here are the differences between settlement clerks' and accountable clerks' demographics:

	Settlement Clerk	Accountable Clerk
Average age	51	51
Gender ratio	Male, 25.0% Female, 75.0%	Male, 19.1% Female, 80.9%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.4% 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 Percentage	7%	7%

Differences between settlement clerk and accountable clerk duties and responsibilities

Settlement clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Process invoices in AS400 for delivery drivers.
Read and understand settlement descriptions and amounts within the AS400
Balance cash box, PPG and cup/cooler receipts daily.
Answer ACH relate questions for external customers and bank personnel.
Dispatch all cash letters to correct banks or ACH clearing house.

Accountable clerk example responsibilities.

Manage the accurate and timely processing of AP invoices for multiple companies.
Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Scan incoming A/P, A/R, bank statements, mail, etc.
Review AR aging to ensure compliance.
Process, distribute, and maintain AR invoices.
Review and handle in-clearing reject items (ACH and checks) and process check adjustments.

Settlement clerk vs accountable clerk skills

Common settlement clerk skills

Data Entry, 43%
Settlement Statements, 9%
Administrative Tasks, 7%
Bank Deposits, 6%
Computer System, 3%
Multi-Line Phone System, 3%

Common accountable clerk skills

Data Entry, 11%
Financial Reports, 10%
Purchase Orders, 8%
Customer Service, 8%
Process Payroll, 8%
Office Equipment, 4%