Vault clerk vs receiver

The differences between vault clerks and receivers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a vault clerk and a receiver. Additionally, a receiver has an average salary of $32,401, which is higher than the $30,531 average annual salary of a vault clerk.

The top three skills for a vault clerk include data entry, bank deposits and serial numbers. The most important skills for a receiver are customer service, math, and basic math.

Vault clerk vs receiver overview

	Vault Clerk	Receiver
Yearly salary	$30,531	$32,401
Hourly rate	$14.68	$15.58
Growth rate	-3%	-3%
Number of jobs	70,287	186,250
Job satisfaction	-	-
Most common degree	High School Diploma, 32%	High School Diploma, 46%
Average age	43	43
Years of experience	12	12

What does a vault clerk do?

A vault clerk's major duty is to count and handle money and to verify amounts and signatures. They may also be in charge of receiving and recording transactions, restocking the ATM when it is empty, and checking securities against loan specifications. Furthermore, they may have to sort and count currency and check deposits that are received by banks, ATMs, and commercial customers.

What does a receiver do?

A receiver is responsible for confirming receipt of items delivered from distribution centers to the warehouse. Receivers carefully evaluate order invoices, ensuring the correct quantity of the items, and inspect the merchandise for any possible mislabeling and defects. They also coordinate with the distributors for replacement and verifications concerning the delivery. A receiver must have excellent organizational and analytical skills, especially on billing discrepancies by utilizing specific shipping software to monitor the delivery activities.

Vault clerk vs receiver salary

Vault clerks and receivers have different pay scales, as shown below.

	Vault Clerk	Receiver
Average salary	$30,531	$32,401
Salary range	Between $25,000 And $36,000	Between $26,000 And $39,000
Highest paying City	Denver, CO	New York, NY
Highest paying state	Colorado	New York
Best paying company	Deluxe	California Institute of Technology
Best paying industry	Retail	Manufacturing

Differences between vault clerk and receiver education

There are a few differences between a vault clerk and a receiver in terms of educational background:

	Vault Clerk	Receiver
Most common degree	High School Diploma, 32%	High School Diploma, 46%
Most common major	Business	Business
Most common college	-	-

Vault clerk vs receiver demographics

Here are the differences between vault clerks' and receivers' demographics:

	Vault Clerk	Receiver
Average age	43	43
Gender ratio	Male, 38.2% Female, 61.8%	Male, 63.7% Female, 36.3%
Race ratio	Black or African American, 10.8% Unknown, 4.2% Hispanic or Latino, 21.3% Asian, 7.6% White, 55.3% American Indian and Alaska Native, 0.8%	Black or African American, 10.6% Unknown, 4.2% Hispanic or Latino, 20.8% Asian, 7.3% White, 56.4% American Indian and Alaska Native, 0.7%
LGBT Percentage	6%	6%

Differences between vault clerk and receiver duties and responsibilities

Vault clerk example responsibilities.

Create and manage tasks assign relating to payment errors or missing EOB's.
Manage A/R transactions, prepare weekly account reconciliation's, perform research/ adjustments on A/P and A/R discrepancy accounts.
Maintain control of large sums of currency and coin.
Encode checks for bank deposit and input all register tenders into Costco's AS400 program for proper accountability.
Convert currency for gaming patrons using coins.
Encode the amounts on the debits and credits.

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Receiver example responsibilities.

Package small some times fragile items to be ship out via fed-ex, ups, and other distributors.
Pack, tape and ship boxes w/UPS, FX or DHL.
Process all invoices through the IRMA system.
Stamp, stencils, or glues identifying information and shipping instructions onto crates or containers.
Pack and crate major components for shipments; schedule all LTL domestic and overseas shipments.
Refuse any product that are not on purchase order and deduct the charge off the invoice.

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Vault clerk vs receiver skills

Common vault clerk skills

Data Entry, 30%
Bank Deposits, 17%
Serial Numbers, 11%
Check Deposits, 10%
Financial Institutions, 4%
ATM, 4%

Common receiver skills

Customer Service, 19%
Math, 10%
Basic Math, 10%
PET, 7%
Cleanliness, 7%
Pallets, 6%

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Updated January 8, 2025

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