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Vault clerk vs receiving associate

The differences between vault clerks and receiving associates 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 receiving associate. Additionally, a receiving associate has an average salary of $31,642, 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 receiving associate are shipping receiving, sales floor, and unload trucks.

Vault clerk vs receiving associate overview

Vault ClerkReceiving Associate
Yearly salary$30,531$31,642
Hourly rate$14.68$15.21
Growth rate-3%-3%
Number of jobs70,287190,070
Job satisfaction--
Most common degreeHigh School Diploma, 32%High School Diploma, 44%
Average age4343
Years of experience1212

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 receiving associate do?

Real estate brokers are industry professionals that receive a state license as a real estate broker. Since they acquire a higher-level permit, they can either work independently or hire and manage real estate agents. They generally work with buyers to look for their client's preferred property. They also help negotiate, write contracts, and manage real estate transactions that can either be buying, renting, or selling properties. As compensation, they receive a commission as soon as the sale is completed.

Vault clerk vs receiving associate salary

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

Vault ClerkReceiving Associate
Average salary$30,531$31,642
Salary rangeBetween $25,000 And $36,000Between $25,000 And $39,000
Highest paying CityDenver, COTaunton, MA
Highest paying stateColoradoWashington
Best paying companyDeluxeZoetis
Best paying industryRetailTechnology

Differences between vault clerk and receiving associate education

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

Vault ClerkReceiving Associate
Most common degreeHigh School Diploma, 32%High School Diploma, 44%
Most common majorBusinessBusiness
Most common college--

Vault clerk vs receiving associate demographics

Here are the differences between vault clerks' and receiving associates' demographics:

Vault ClerkReceiving Associate
Average age4343
Gender ratioMale, 38.2% Female, 61.8%Male, 72.9% Female, 27.1%
Race ratioBlack 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, 11.5% Unknown, 4.2% Hispanic or Latino, 20.2% Asian, 7.4% White, 56.0% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between vault clerk and receiving associate 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.
  • Show more

Receiving associate example responsibilities.

  • Assist in the daily managing of fresh product using the FIFO accounting principal.
  • Receive customer shipments and enter them into AS400 freight tracking system, verifying accuracy of BoL and customer orders.
  • Train and certify per OSHA standards on various motorize warehouse equipment.
  • Prepare outbound shipments and make necessary logistics arrangements.
  • Operate POS systems for all departments store wide.
  • Move product to appropriate inventory location, and enter into ERP system.
  • Show more

Vault clerk vs receiving associate skills

Common vault clerk skills
  • Data Entry, 30%
  • Bank Deposits, 17%
  • Serial Numbers, 11%
  • Check Deposits, 10%
  • Financial Institutions, 4%
  • ATM, 4%
Common receiving associate skills
  • Shipping Receiving, 35%
  • Sales Floor, 31%
  • Unload Trucks, 18%
  • Customer Service, 4%
  • Pallets, 2%
  • Safety Procedures, 1%

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