Account Clerk Job Description

Account Clerks: Qualification, Experience and Training

An account clerk is a person who keeps financial records and prepares accounts. Their primary duties include handling invoices, receipts and payments, assisting with the preparation of annual statements and other financial reports, and providing administrative support to accountants. An account clerk is responsible for the billing and accounting functions of an organisation.

They provide support for accounts receivable, accounts payable and reconciliations. They can also perform cashier's functions by checking receipts and deposits. They circulate financial reports to the departments.

Account Clerks can work for a company that handles several clients or they can work for a company that handles only one. They work independently and may collaborate with Managers, Accountants and Auditing Clerks. Account clerks have between one and three years of experience in a data entry position.

Junior positions may require a year of experience. Some employers will accept candidates without experience, but they must be trained on accounting concepts. Some general office administration experience is useful.

The duties and responsibilities of an Account Clerk are determined by the size of the organisation. Account Clerks will perform a broader range of responsibilities in smaller organizations. Account Clerks can only work in one area of accounting in larger organizations.

Accounting clerks: Experience and skills

Smaller companies may combine two or more of the specialized accounting clerk functions, or use a bookkeeper to conduct all of the financial recording keeping and transactions. A full-charge bookkeeper is experienced in all aspects of the company's daily financial operations. Knowledge of accounting reports is required.

Good communication and Interpersonal skills are important for a good bookkeeper. Accounting students can get related experience by applying for part time bank teller positions or working as an intern in a tax preparation firm. Accounting employment is growing despite the economy.

The accounting department is the first place to start when trying to keep costs down. Experience and work history are the main factors accountants consider when hiring. Some college graduates who are educated but not experienced immediately, unless they are involved in a work study program.

An accounting clerk is responsible for keeping financial records up to date. Their duties include filing invoices and receipts. An accounting clerk is responsible for putting financial data into a company's accounting records.

They keep records of all financial transactions, including customer orders. Accounting clerks also issue receipts against the company ledger. Accounting clerks work in a larger accounting team.

They help Accountants with the creation of financial statements and reports. They can help to create profit and loss charts. An Accountancy Clerk needs to have A-Levels in English and maths.

Entry-level applicants can learn skills through an apprenticeship. Employers may consider a Level 2 Certificate in Bookkeeping or a Level 2 Certificate in Accounting with additional certifications in Microsoft Office Suite. A Bachelor's Degree in Accounting or a course from the Institute of Chartered Accountants in England Wales are optional certifications.

An accounting clerk job description should start with an overview of the company's values and ethics. An effective description details the day-to-day tasks of an Accounting Clerk, their fundamental duties and responsibilities, expected experience and educational qualifications. An accounting clerk is part of the accounting department.

The Pay of Accounting Clerks

Accounting, auditing clerks, and bookkeeping all make over $40,000 a year. An accounting clerk's salary may vary depending on their professional experience, educational level, and geographic location. Accounting clerks may be able to increase their salary potential by obtaining additional education or work experience.

Accounting clerks who pursue additional education may make more money. A bachelor's degree in accounting can lead to a median annual salary of $69,000. The average annual salary for those with a master's degree is $91,000.

Accounting clerks in some states make more money than those in other regions. Washington, D.C. offers accounting clerks the highest average salary, while professionals in Alaska, Connecticut, and California enjoy some of the country's top wages. The Bay Area, Washington, D.C., and Alaska are the most lucrative metro areas for accounting clerks.

Accounting clerks work in many different settings and their salary potential varies. Accounting, tax preparation, bookkeeping, and payroll services are some of the top-paying industries. Professionals working in local government and real estate make more money than average.

In 2016 there were 1,730,500 jobs in the accounting, auditing, and bookkeeping fields. The number of accounting clerk positions in the US dropped by over one thousand by the year. BLS data shows a 4% decline in accounting clerk positions by the year of 2028, but certain states are projected to experience significant job growth in the field.