Settlement clerk vs audit clerk

The differences between settlement clerks and audit 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 audit clerk. Additionally, an audit clerk has an average salary of $39,465, 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 audit clerk are reservations, night audit, and debit.

Settlement clerk vs audit clerk overview

	Settlement Clerk	Audit Clerk
Yearly salary	$32,501	$39,465
Hourly rate	$15.63	$18.97
Growth rate	-5%	-5%
Number of jobs	66,380	97,427
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 40%
Average age	51	51
Years of experience	6	6

Settlement clerk vs audit clerk salary

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

	Settlement Clerk	Audit Clerk
Average salary	$32,501	$39,465
Salary range	Between $26,000 And $39,000	Between $30,000 And $51,000
Highest paying City	-	Brentwood, NY
Highest paying state	-	New Jersey
Best paying company	-	Vermont Gas Systems
Best paying industry	-	Transportation

Differences between settlement clerk and audit clerk education

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

	Settlement Clerk	Audit Clerk
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 40%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Settlement clerk vs audit clerk demographics

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

	Settlement Clerk	Audit Clerk
Average age	51	51
Gender ratio	Male, 25.0% Female, 75.0%	Male, 24.5% Female, 75.5%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between settlement clerk and audit 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.

Audit clerk example responsibilities.

Manage multiple deadlines for numerous payroll divisions and complex division budget reports with accurately and efficiently.
Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Contact members to update information using AS400.
Create PowerPoint presentations for all new processes being implement.
Work closely with KIVA robotic systems and AS400 tracking systems.
Open, sort and batching of incoming mails utilizing Opex machine.

Settlement clerk vs audit 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 audit clerk skills

Reservations, 23%
Night Audit, 16%
Debit, 12%
Audit Reports, 11%
Front Desk, 6%
Data Entry, 6%