Accountants with bachelor’s or master’s degrees and extensive experience can also pursue certified public accountant credentials. Accountants play a vital role in ensuring the financial health and success of individuals, businesses, and organizations. They are responsible for managing financial records, preparing financial statements, and ensuring compliance with tax laws and regulations. By carefully monitoring income and expenses, accountants help their clients make informed financial decisions and avoid costly mistakes that could lead to financial instability or legal trouble. An accounting clerk is responsible for processing and recording financial transactions and performing data entry tasks. They are also responsible for reconciling accounts, preparing financial statements and reports, and processing payments.
They have strong organizational and communication skills, attention to detail, and proficiency in accounting software. An accounting clerk ensures accurate financial records and promotes the overall financial success of a business. Today, many financial experts get their feet wet in the business world working as an accounting clerk, or accounts payable clerk, as the position is also often called.
Preferred skills and qualifications
Accounting clerks have multiple responsibilities within accounting departments. On any given day, professionals in this supporting role oversee and organize financial transactions, communicate with accounting and budgeting staff, and prepare financial reports. An accounting clerk is responsible for producing the financial records for organizations by recording data and updating statements for accuracy. Unlike an accountant, who will analyze the data, the clerk only records data. There are a wide variety of jobs in the field of accounting, and you should take the time to learn which jobs are high in demand and which jobs pay the best before you start your career search. You should consider your duties, the job outlook, and salary trends before you pursue any position in the field.
- Populous states like California and Texas employ high numbers of these professionals.
- Individuals with prior experience in clerical, administrative, or bookkeeping roles often make excellent accounting clerks.
- Large population centers attract more commercial activity, which increases demand for bookkeepers and accounting clerks.
- According to Payscale and Glassdoor, accounting clerk salaries can include bonuses and profit-sharing.
An accounting clerk supports an organization’s accounting department by performing clerical tasks. Their responsibilities typically include processing accounts payable and receivable, maintaining financial records, reconciling bank statements, and preparing financial reports. Accounting clerks may also assist with payroll processing and administrative duties.
What to Include on an Accounting Clerk Resume or Job Posting
Under the direction of the financial manager, the accounting clerk will update and maintain records, reconcile bank statements, and manage the accounting databases. This person will join like-minded experts who are continually focused on sharpening their skills and advancing in their profession. An Accounting adobe acrobat pro dc with e Clerk is a professional who is responsible for maintaining financial records, running reports, and recording a wide range of transactions. Their duties include providing administrative assistance to accountants as well as preparing statements that confirm the accuracy of database information.
A high school diploma is usually required, while a technical or bachelor’s degree is not. Don’t let this entry-level classification deter you; the work is important, often compared to the foundation of a house, keeping everything else in place. An effective accounting clerk job description lets candidates know a little about your company and how they can make an impact. When outlining qualifications and duties, stick to a bulleted format and inject some personality throughout. Keep everything straightforward and succinct so candidates remain engaged. Remember that your job description is one among many, and it’s important to make every word count.
What is the highest salary of a clerk?
The states with the highest numbers of accounting clerk jobs tend to be heavily urbanized. Large population centers attract more commercial activity, which increases demand for bookkeepers and accounting clerks. Accounting clerks provide vital support to accounting departments through tasks such as invoice processing, data entry, record keeping, basic financial analysis, and more. Their accuracy and organization are essential to the smooth operation of the department and overall organization. Bookkeepers offer support to a number of organizations, including small businesses, nonprofits, and corporations.
What Does an Accounts Payable Clerk Do on a Daily Basis?
Employment of accounting clerks is predicated to grow by at least 14% by 2020, and as the financial regulations and tax laws become stricter, employment is only expected to grow more. Accountants also play a crucial role in helping organizations make informed financial decisions and maintain financial stability. They need to have excellent analytical and problem-solving skills, as well as a strong understanding of accounting principles, tax laws, and regulations. Some of the industries identified by the BLS as offering the highest job numbers and pay rates have ties to particular locations. For instance, the metal ore mining industry ranks among the national leaders in pay rates for accounting clerks.
These industries include finance and insurance, professional services, and wholesale trade. Accountants use the records a bookkeeper provides and their own expertise to help build budgets, assess finances, and make business decisions. So, generally, an accountant’s role requires more education than a high school diploma. Accountants may have a bachelor’s degree in finance and training in bookkeeping roles. Of course, education depends on the individual or bookkeeping service you hire.
Similar Job Descriptions
Explore programs of your interests with the high-quality standards and flexibility you need to take your career to the next level. If you are looking for a challenging role in a professional and fast-paced environment, we invite you to apply for this Accounting Clerk position at Birmingham Accounting Solutions. This sample job post will introduce your organization’s culture and values, while helping potential candidates understand how they’ll contribute from Day 1.
They review tax responsibilities and organize tax account statements along with accepting, processing, and sending payments. Accounting clerks often specialize in an industry or financial niche to meet their organizations’ and clients’ needs. The following list explores common accounting clerk areas of expertise. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us.
#1 – Bookkeeper
Later on in your career, you could end up with the title assistant controller. Working in both accounts payable and receivable gave me a well-rounded understanding of the accounting process. I was able to see how all of the different pieces fit together, which has been helpful in my current role as a senior accountant. In addition, working with vendor invoices and customer payments has helped me develop strong attention to detail and problem-solving skills. Additionally, Payscale’s August 2022 data notes that accounting clerks with more than 10 years of experience earn, on average, about $2.60 more per hour than entry-level professionals. Because accounting clerks can work in a wide range of industries, the job outlook for clerks is high.
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