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Vault clerk vs receiving clerk

The differences between vault clerks and receiving clerks 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 clerk. Additionally, a receiving clerk has an average salary of $31,482, 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 clerk are customer service, purchase orders, and data entry.

Vault clerk vs receiving clerk overview

Vault ClerkReceiving Clerk
Yearly salary$30,531$31,482
Hourly rate$14.68$15.14
Growth rate-3%-3%
Number of jobs70,287237,705
Job satisfaction-4
Most common degreeHigh School Diploma, 32%High School Diploma, 42%
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 clerk do?

Usually assigned at a warehouse or retail store, a receiving clerk's primary role is to accept product deliveries upon arrival and sign necessary documents, prioritizing the accuracy of all invoices. It is also the task of a receiving clerk to unload heavy packages, verify its contents, place it in the appropriate storage place, and keep records for inventory. They must process returns should it be necessary. There are also instances where a receiving clerk may have to engage with retailers and vendors, ensuring that all shipments arrive in time.

Vault clerk vs receiving clerk salary

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

Vault ClerkReceiving Clerk
Average salary$30,531$31,482
Salary rangeBetween $25,000 And $36,000Between $25,000 And $38,000
Highest paying CityDenver, COSan Francisco, CA
Highest paying stateColoradoNorth Dakota
Best paying companyDeluxeLos Alamos National Laboratory
Best paying industryRetailTechnology

Differences between vault clerk and receiving clerk education

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

Vault ClerkReceiving Clerk
Most common degreeHigh School Diploma, 32%High School Diploma, 42%
Most common majorBusinessBusiness
Most common college--

Vault clerk vs receiving clerk demographics

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

Vault ClerkReceiving Clerk
Average age4343
Gender ratioMale, 38.2% Female, 61.8%Male, 60.2% Female, 39.8%
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, 11.1% Unknown, 4.1% Hispanic or Latino, 21.5% Asian, 6.7% White, 55.9% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between vault clerk and receiving clerk 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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Receiving clerk example responsibilities.

  • Assist in the daily managing of fresh product using the FIFO accounting principal.
  • Master POS (point-of-sale) in order to process cash, check and credit transaction.
  • Scan and charge ticket quantities, pull parts, issue to shipping department and process daily UPS/ FedEx parts order shipments.
  • Communicate with patients, doctors, visitors, and other professionals via telephone, fax, written correspondence or in person.
  • Verify patients information via computer.
  • Prepare shipping containers using stencils and documentation sleeves.
  • Show more

Vault clerk vs receiving clerk skills

Common vault clerk skills
  • Data Entry, 30%
  • Bank Deposits, 17%
  • Serial Numbers, 11%
  • Check Deposits, 10%
  • Financial Institutions, 4%
  • ATM, 4%
Common receiving clerk skills
  • Customer Service, 21%
  • Purchase Orders, 10%
  • Data Entry, 10%
  • Pallets, 8%
  • Cleanliness, 6%
  • Inventory Control, 4%

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