Settlement clerk vs charge bookkeeper

The differences between settlement clerks and charge bookkeepers 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 a charge bookkeeper. Additionally, a charge bookkeeper has an average salary of $46,615, 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 a charge bookkeeper are reconciliations, payroll tax returns, and balance sheet.

Settlement clerk vs charge bookkeeper overview

	Settlement Clerk	Charge Bookkeeper
Yearly salary	$32,501	$46,615
Hourly rate	$15.63	$22.41
Growth rate	-5%	-5%
Number of jobs	66,380	27,542
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 47%
Average age	51	51
Years of experience	6	6

Settlement clerk vs charge bookkeeper salary

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

	Settlement Clerk	Charge Bookkeeper
Average salary	$32,501	$46,615
Salary range	Between $26,000 And $39,000	Between $36,000 And $58,000
Highest paying City	-	Seattle, WA
Highest paying state	-	Alaska
Best paying company	-	The Carney Group
Best paying industry	-	Construction

Differences between settlement clerk and charge bookkeeper education

There are a few differences between a settlement clerk and a charge bookkeeper in terms of educational background:

	Settlement Clerk	Charge Bookkeeper
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 47%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Settlement clerk vs charge bookkeeper demographics

Here are the differences between settlement clerks' and charge bookkeepers' demographics:

	Settlement Clerk	Charge Bookkeeper
Average age	51	51
Gender ratio	Male, 25.0% Female, 75.0%	Male, 13.9% Female, 86.1%
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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.3% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between settlement clerk and charge bookkeeper 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.

Charge bookkeeper example responsibilities.

Accomplish annual workers comp and business liability audits.
Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
Handle monthly account reconciliations and oversee and are responsible for quarterly financial reporting to company CPA.
Perform a variety of diversify responsibilities including: account management, reconciliations, generating checks, preparing bank deposits.
Handle A/P, A/R, G/L, F/S, P/R, reconcile bank statement and customer relations.
Support internal, external, and SOX audits.

Settlement clerk vs charge bookkeeper 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 charge bookkeeper skills

Reconciliations, 17%
Payroll Tax Returns, 10%
Balance Sheet, 5%
Fixed Assets, 5%
Excellent Organizational, 5%
General Ledger Accounts, 4%