Since the job requires dealing with the company’s sensitive and confidential financial data, you must perform your job duties with due diligence and discretion. Critical thinking and problem-solving are also the most vital traits that you must have in order to pursue a career as an accounting clerk. The job description of an accounting clerk includes a wide range of financial activities.
What Are the Requirements to Become an Accounting Clerk
The ideal candidate has a natural passion for math and an eagerness to learn more about financial planning, tax strategy, and budgeting. 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 clerk is in charge of maintaining the company’s financial records, recording a wide array of business transactions, and running reports for management to make crucial decisions. In short, accounting clerks are an integral cog in the business support system.
They perform basic office tasks, assist with bookkeeping and reporting, and research and resolve discrepancies. In case you are looking for an entry-level position in accounting, becoming an accounting clerk is an excellent place to start your career. The best part is that companies from most industries and all sizes offer accounting clerk jobs to applicants with dancolestaxes com soft skills, experience, and attention to detail. If you’re considering a career as an accounting clerk, I recommend taking classes in accounting, finance, and business administration.
- Share your open role with qualified accounting clerks using the world’s largest professional network.
- The ideal candidate has a natural passion for math and an eagerness to learn more about financial planning, tax strategy, and budgeting.
- Write a great job description for an accounting clerk using the template below and tailor it to fit your needs.
Skills and Responsibilities
While most of them are financial affairs, some may include typical administrative work as well. Accounts payable clerks are responsible for issuing payments to vendors and processing invoices. Accounts receivable clerks, on the other hand, manage customer payments and reconcile bank statements. They primarily manage investment accounts by tracking fees, transfers, and other financial transactions.
However, working in this position will expose you to a wide range of accounting procedures and responsibilities. You can later use your experience to become a professional accountant specializing in one of the areas. Accounting clerks generally do not need more than a high school diploma to begin their careers.
Employers: How to Write Great Job Descriptions
In contrast, an accountant usually has a minimum of a bachelor’s degree and can perform complex accounting duties. A government accounting clerk’s duties are similar to those in the private sector. However, accounting clerks working in government offices manage different budgets, transactions, and reports. Accounting clerks are detail oriented, self-starters, and good at working collaboratively. You must learn about basic and advance accounting principles and the software solutions used in the industries. If you wish to apply in a specific industry or company, look at their job postings to determine what principles and software they use to handle their accounts.
After that, I reconcile our bank statements and prepare financial reports for our management team. Throughout the day, I also handle customer inquiries and provide support to other members of the accounting department. 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.
What skills are needed for an accounting clerk?
Financial employers respect certain professional qualifications, so these average collection period meaning formula can work as a springboard to launch you into an accounting clerk’s job role. Professional certifications such as ACCA and CIMA are known and respected worldwide. 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. With experience, government accounting clerks can pursue forensic accounting or auditing positions. For instance, these accounting professionals may perform accounting duties for school districts, public welfare agencies, or city governments. This type of accounting requires in-depth knowledge of the intricacies of the government organization’s financial processes.
According to Indeed, an accounting clerk’s average salary is stands at $16.46 per hour. Typically, the tenure of an accounting clerk’s position ranges between 1 to 3 years, depending on the employer’s requirements and policies. If you wish to become a great accounting clerk, you must be an expert in Microsoft Office, especially in MS Excel. You must also be familiar with standard and commonly used accounting software such as QuickBooks.
This position typically includes a higher salary and more accounting-specific responsibilities. Organizations in virtually any industry, including healthcare, finance, and professional services, may employ accounting clerks. Some smaller businesses may only hire one clerk, but large organizations typically employ multiple accounting clerks to meet the needs of busy accounting departments. Let us understand the entry-level and senior accounting clerk job description through the discussion below. The accounting clerk also provides the solution to auditors’ queries related to the company’s accounting books. The most important skill accounting clerks need to succeed is attention to detail.
Ultimately, a successful Accounting Clerk will ensure that the company’s daily accounting functions run accurately and effectively. If you’re eager for your next challenge, XYZ Inc. is an ideal company for you. Remember, people hire people, so you must network in the right circle long before you start searching for a job.
Accounting clerks often specialize in an industry or financial niche to meet their organizations’ and clients’ needs. Yes, the competition is fierce, but you can still make it as an accounting clerk. You must create an impressive covering letter and resume showcasing your abilities, skills, and experience. That said, if you wish to pursue a career as a novice accounting clerk without any prior experience, here are some tips to help. In case you are a fresh graduate or something with no prior accounting experience, you can still pursue a career as an accounting clerk.
Accounting Clerk responsibilities include keeping financial records updated, preparing reports and reconciling bank statements. You will also run accounting software programs (e.g. SAP) to process business transactions, like accounts payable and receivable, disbursements, expense vouchers and receipts. A successful accounting assistant should be familiar with all accounting procedures and have a flair for numbers.
These professionals may also buy and sell stocks, purchase real estate assets, and perform other investment duties based on consultations with investment accountants and clients. Continue reading to learn more about the accounting clerk job description and what to expect from this career path. You can contact small businesses, charities, and non-profit organizations and ask if they need someone to do their accounts and volunteer to work for them as an accounting clerk. You can bag experience as an accounting clerk by working as a volunteer or unpaid trainee at a company. This will help you build up some experience and gain hands-on knowledge about the job role of an accounting clerk.
An accounting clerk position hails from the accounting department in any organization. In general, the job description of an accounting clerk involves basic office tasks of research, reporting, bookkeeping, and resolution of any discrepancies in tasks that fall within their work domain. Bookkeepers typically analyze financial information to help organizations make informed decisions. While accounting assistants usually help one accountant, accounting clerks may assist entire accounting departments.