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Vault clerk vs receiving lead

The differences between vault clerks and receiving leads 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 lead. Additionally, a receiving lead has an average salary of $38,819, 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 lead are shipping receiving, customer service, and sales floor.

Vault clerk vs receiving lead overview

Vault ClerkReceiving Lead
Yearly salary$30,531$38,819
Hourly rate$14.68$18.66
Growth rate-3%-3%
Number of jobs70,287128,286
Job satisfaction--
Most common degreeHigh School Diploma, 32%High School Diploma, 35%
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 lead do?

A Receiving Lead's job covers the direction and coordination of receiving and other warehouse processes under the established operating operations. Receiving leads provide the work assignments of their staff daily. They train new and existing employees on the techniques and procedures used in completing work assignments. It is their job to operate pallet jacks, lift trucks, and any other equipment to move parts to their proper locations and load and unload steel trucks whenever necessary.

Vault clerk vs receiving lead salary

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

Vault ClerkReceiving Lead
Average salary$30,531$38,819
Salary rangeBetween $25,000 And $36,000Between $29,000 And $51,000
Highest paying CityDenver, COGaithersburg, MD
Highest paying stateColoradoMaryland
Best paying companyDeluxeAccenture
Best paying industryRetailTechnology

Differences between vault clerk and receiving lead education

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

Vault ClerkReceiving Lead
Most common degreeHigh School Diploma, 32%High School Diploma, 35%
Most common majorBusinessBusiness
Most common college--

Vault clerk vs receiving lead demographics

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

Vault ClerkReceiving Lead
Average age4343
Gender ratioMale, 38.2% Female, 61.8%Male, 74.4% Female, 25.6%
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, 10.8% Unknown, 4.2% Hispanic or Latino, 21.5% Asian, 7.5% White, 55.2% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between vault clerk and receiving lead 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 lead example responsibilities.

  • Manage distribution costs; maintain contracts with shipping companies; organize mass mailings using USPS.
  • Implement an operating WMS that work in conjunction with wrist mount RF units for optimum pick productivity.
  • Allocate necessary space for stock rotation and assist with proper FIFO process.
  • Supply production areas with materials using FIFO to ensure flow of production.
  • Inspect product following spec and ISO procedures and enter receiver into system.
  • Check all incoming products against shipping labels or BOL's to ensure the accuracy of the shipment.
  • Show more

Vault clerk vs receiving lead skills

Common vault clerk skills
  • Data Entry, 30%
  • Bank Deposits, 17%
  • Serial Numbers, 11%
  • Check Deposits, 10%
  • Financial Institutions, 4%
  • ATM, 4%
Common receiving lead skills
  • Shipping Receiving, 23%
  • Customer Service, 12%
  • Sales Floor, 8%
  • Safety Procedures, 7%
  • Safety Regulations, 6%
  • Inventory Control, 3%

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