Auditing Clerk Job Description

Auditing Clerks: Compensation and Benefit

Audit clerks are often found industries that have financial documents, according to the Bureau of Labor Statistics. A clerk in charge of auditing can work for a small business. Accurate financial records are important for a business to keep track of inventory, profits and losses.

Auditing clerks work for charities. Maintaining a good reputation is important for any charitable organization. There are several things that affect a clerk's salary.

A clerk for a large corporation is more likely to make a higher salary than a small business employee. Some clerks work full-time while others only work a few hours a week. The Bureau of Labor Statistics shows the median yearly salary of an auditing clerk was $37,250.

Accounting Clerks

Accounts payable claims are checked by auditing clerks every day. They check the prices and terms of the contracts. They check outstanding accounts against confirmation orders.

They calculate taxes, discounts, deductions and unit prices for shipments. Most employers want auditing clerks to have associate's degrees in finance or business administration. Accounting clerks only have a high school degree if they have college work completed.

They usually take classes in accounting, communications and computer science. Accounting degree programs are recommended because they focus more on the science of accounting than just the numbers. Auditing clerks must be familiar with accounting methods used in auditing accounts payable and common transactions.

They need a good knowledge office terminology and technology. They need to be able to use a standard keyboard that has at least 40 words per minute. They will be able to get along well with others if they have the ability to understand carry out directions.

Accounting and Auditing Clerks in the 21st Century

In 2020, 1.67 million people were employed as accounting clerks, auditing clerks and other bookkeeping clerks. Accounting and auditing clerks are found in almost every business sector since they keep and analyze financial records. There is a general job description applicable to all, no matter what industry an accounting or auditing clerk chooses to work in.

Accounting clerks can often possess the most important skill, an understanding of basic accounting principles. Each company has their own policies and procedures for reporting and analyzing financial data. Clerks that have a basic understanding of accounting and auditing principles will be in a good position to build additional skills specific to their companies.

Each company has different expectations for the scope of duties that their accounting clerks should perform. The trend leans toward generalized duties in smaller companies that don't require a full accounting department, and more focused duties for larger corporations and government agencies that have more sophisticated accounting needs. As the job market becomes more competitive, more accounting and auditing clerk applicants are seeking associate degrees in accounting, auditing, office management, finance, bookkeeping and business operations.

Many graduates of accounting and auditing clerk positions are looking for accounting clerk positions with companies that they wish to grow with, and that they do not need a bachelor's degree to get. The Bureau of Labor Statistics shows that the median salary for accounting, auditing and bookkeeping clerks was $42,410 in 2020, while the top ten percent earned more than $63,900. The Bureau of Labor Statistics salary and labor market information for Bookkeeping, Accounting and Auditing Clerks is based on national data.

Accounting, Auditing and Bookkeeping Clerks: Essential Skills for Postsecondary Education

Some of the skills that accounting, auditing, and bookkeeping clerks need to learn are postsecondary education and training. They must have basic math and computer skills. Over the decade, 170,200 openings for accounting, auditing, and bookkeeping are projected.

The openings are expected to be caused by the need to replace workers who transfer to other occupations or retire. Accounting, auditing, and Bookkeeping use specialized computer accounting software, spreadsheets, and databases to enter information from bills. They must be comfortable using computers.

Accounting clerks are usually for larger companies. The type of accounting they do is reflected in their titles, such as accounts payable clerk. Auditing clerks check figures and documents to make sure they are accurate and properlycoded.

They may make their own corrections for smaller errors. They usually notify senior staff in case of major discrepancies. Accounting clerks work in offices.

Bookkeepers who work for multiple firms can visit their clients. They work alone, but sometimes they work with other departments. Accounting, auditing, and bookkeeping clerks work full time.

Auditing Clerks: A Career in Accounting

An auditing clerk position is a great career choice. You may have already worked with accounts receivable or as a bookkeeper and are now looking to take the next step. You are ready to use your attention to detail and understanding of business transactions to move forward in your career.

A Dynamic Auditing Clerk has experience working for both small and large companies. Accurately gathering data, creating financial reports and doing other tasks. Research is performed to ensure accuracy for financial transactions.

A self-starter with a strong attention to detail is committed to ensuring compliance with company policies and laws. You are an Auditing Clerk if you manage and record financial transactions. You use accounting software to make changes to financial records.

You need a set of skills to be an audit clerk, so make sure you highlight your accounting and computer skills. You can specify which software you like. Soft skills, such as communication, time management, and organization, are what employers are looking for in a candidate.

Adding personal qualities such as honesty and integrity will help you keep financial data secure. Your design is as important as your resume is, because it shows a first impression. If you don't pay attention to detail and organize, you are unlikely to get a job in auditing.