Accounting Clerk Job Description

An accounting clerk is one of the positions that companies hire employees to fill. Accounting clerks are responsible for accounting transactions and tasks. The duties of an accounting clerk are dependent on the size of the firm.

The duties of accounting clerks can be merged with those of a bookkeeper. Accounting clerks in large companies are usually more responsible for the work than accounting clerks in small companies. An accounting clerk may handle the entire accounting process for a small company.

Many small companies hire experienced accounting clerks instead of accountants. Accounting clerks working in large companies are usually more specialized. An accounting clerk may be assigned to handle one part of the process.

Accounting clerks are hired to handle different duties. An accounting clerk may be assigned to only handle accounts receivable duties. The ability to pay attention to detail is a main skill needed for accounts clerks.

Accounting clerks must keep the transactions clean. Accounting clerks handle a lot of paperwork, so they must be well-organized. Accounting clerks should handle transactions discreetly and possess integrity, as they are responsible for much of a company's sensitive financial information.

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.

Accounting clerk is an ideal entry level job for analytical minded people who love figures and facts. Accounting clerks are responsible for keeping financial records of business transactions. Clerks make statements about the company's expenditures, revenue, accounts payable, and losses.

Accounting clerks make sure the records accountants analyze are accurate. Some accounting clerk's duties have been automated by specialized computer software. Accounting clerks record, update, and check financial transactions to produce the balance sheets and income statements.

Clerks will post credits and deductions in online databases. Some may give cash, checks, or vouchers to their clients. Accounting clerks can also make loan payments, make code documents, and handle purchase orders.

Pay and Salary of Accounting Clerks

Accounting clerks work full-time, with part-time less common. During the busiest times of the year, some temporary employees are hired to support company accountants. During busy times, such as around tax time, hours can be longer and overtime is not uncommon, even though a normal schedule is a 40-hour work week with standard business hours.

Entry-level accounting clerk positions are the best places to start if you want to work in the field. You need training and education. You can get a job in accounting if you have a degree in mathematics or a related field.

Some employers will even hire you with a high school degree and some experience in accounting, as long as you have a high school degree. The average hourly rate for accounting clerks was reported by PayScale.com. The hourly rates ranged from $11.71 to $20.17.

The range of salaries went from $25,000 to $46,000. Some employers may pay bonuses, commission and profit sharing on salaries. Many salaries included overtime.

Experience is a big factor in pay. The average wage for entry-level workers was 14.84 an hour. The most experienced accounting clerks earned an average of $16.45 an hour, while those with less experience earned around $15.84 an hour.

Accounting Clerks in Large Companies

Accounting clerks keep financial record keeping. They help maintain the accounting records, called the books, and often help maintain the files of all of the records necessary for an accounting department to function. Accounting clerks in large companies have more specialized tasks.

The type of accounting they do is reflected in their titles, such as accounts payable clerk. Their responsibilities vary by experience. Entry-level accounting clerks post details of their accounts.

They can monitor loans and accounts to make sure payments are on time. clerks verify transactions posted by other workers They check figures, postings, and documents to make sure they are accurate and properly code.

They note errors accountants make to fix them. The work environment is very nice. Accounting, auditing, and Bookkeeping clerks work in an office

They may experience headaches, eye strain, and muscle strain from using computers daily. Clerks may have to sit for extended periods while looking at data. Accounting, auditing, and bookkeeping clerks work a standard 40-hour week and work regular hours.

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.

The Accounting Career Center

College degrees in accounting or business give students the qualifications required for certain financial careers, and it is possible to get a college degree without a career guarantee. Many accounting clerks get jobs with just a high school degree and basic administrative skills, but employers prefer candidates with at least an associate degree in accounting, business, or a related field. Students with an associate degree in accounting have many skills.

Online associate degrees in accounting allow working professionals to attend college while still working full time. Students who want to get an associate degree in accounting take courses in computerized accounting, excel, and payroll. Students take general education requirements such as English or speech to help them build oral and written communication skills.

Accounting assistants can grow in their career by taking continuing education classes and earning certifications. Accounting assistants can change careers with the training888-607-3166 that comes from voluntary continuing education courses and certifications. The goal of the AA is to be thought leaders in accounting.

The Career Center is for members and offers a career fair and workshops. They get discounted continuing professional education opportunities. AICPA sets the standards for CPAs.