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Wire transfer clerk vs accounting clerk

The differences between wire transfer clerks and accounting clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a wire transfer clerk, becoming an accounting clerk takes usually requires 4-6 years. Additionally, an accounting clerk has an average salary of $38,683, which is higher than the $33,309 average annual salary of a wire transfer clerk.

The top three skills for a wire transfer clerk include customer service, wire transfers and ACH. The most important skills for an accounting clerk are data entry, customer service, and purchase orders.

Wire transfer clerk vs accounting clerk overview

Wire Transfer ClerkAccounting Clerk
Yearly salary$33,309$38,683
Hourly rate$16.01$18.60
Growth rate-3%-5%
Number of jobs66,745106,969
Job satisfaction--
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 49%
Average age4351
Years of experience26

Wire transfer clerk vs accounting clerk salary

Wire transfer clerks and accounting clerks have different pay scales, as shown below.

Wire Transfer ClerkAccounting Clerk
Average salary$33,309$38,683
Salary rangeBetween $27,000 And $40,000Between $29,000 And $51,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-Wilson Elser Moskowitz Edelman & Dicker Llp
Best paying industry-Government

Differences between wire transfer clerk and accounting clerk education

There are a few differences between a wire transfer clerk and an accounting clerk in terms of educational background:

Wire Transfer ClerkAccounting Clerk
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 49%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Wire transfer clerk vs accounting clerk demographics

Here are the differences between wire transfer clerks' and accounting clerks' demographics:

Wire Transfer ClerkAccounting Clerk
Average age4351
Gender ratioMale, 26.2% Female, 73.8%Male, 20.0% Female, 80.0%
Race ratioBlack or African American, 9.5% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 5.9% White, 63.9% American Indian and Alaska Native, 0.9%Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage6%7%

Differences between wire transfer clerk and accounting clerk duties and responsibilities

Wire transfer clerk example responsibilities.

  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Activate and update ATM card accounts.
  • Balance daily ATM settlement and clearing accounts.
  • Perform ACH services for backup coverage as needed.
  • Verify other bank (ABA routing number).
  • Transfer accounts and create manual tickets when DTC transfer are not available
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Accounting clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Perform balance sheet reconciliations and resolve open items by notifying employees and vendors of transaction discrepancies.
  • Assist in monthly financial close process by analyzing preliminary departmental expense reports and making necessary adjustments and accruals.
  • Develop a spreadsheet that pulls all data relate to project hours by operation from the ERP system.
  • Process all incoming payments receive via ACH, EFT, or the web; ensure accounts are accurately balance and reconcile.
  • Digitize proof of delivery receipts into ERP system (AS400) serving as an easy backup for employees to verify occurrence.
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Wire transfer clerk vs accounting clerk skills

Common wire transfer clerk skills
  • Customer Service, 22%
  • Wire Transfers, 15%
  • ACH, 13%
  • OFAC, 7%
  • Customer Accounts, 6%
  • Financial Institutions, 6%
Common accounting clerk skills
  • Data Entry, 15%
  • Customer Service, 10%
  • Purchase Orders, 9%
  • Reconciliations, 6%
  • Vendor Invoices, 6%
  • QuickBooks, 3%

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