Accounting Clerk Salary & Job Requirements
If you’re seeking to land a job as an accounting clerk, bear in mind that you will spend most of your time on the job performing basic bookkeeping and accounting responsibilities such as payroll, accounts receivable, billing, and accounts payable. Your primary duties will be to maintain and update the accounting records for the organization to ensure that the postings and figures made to various accounts are accurate. Posting daily transactions, preparing invoices, preparing bank deposits, reconcile ledgers, and entering pertinent information into computers is just some of the duties that an accounting clerk might perform. And you might also be assigned other clerical duties such as faxing, photo coping, scanning, filing, etc. The accounting clerk role is not to be confused with that of an Account or a CPA. The accounting clerk duties are not as involved or intense as that of an Account or CPA. But instead this job is classified as a clerical function and some companies don’t require that you have a college degree. Some larger companies categorize the accounting clerk positions as such: accounting clerk I, clerk II, clerk III, etc. to emphasize the roles for each specific job. In this case, the pay for each job category differs and is determine by the job level. To be considered for employment, an individual would need to meet the job requirements for the position they are targeting. On the other hand, some smaller companies may hire a full-charge bookkeeper to handle its entire accounting system. The accounting clerk usually has an immediate supervisor or department manger that they report to.
To successfully perform this position you must be a self-starter, possess good math skills, excellent computer skills, data entry skills, be able to prepare spreadsheets, prepare financial reports, prepare bank reconciliations, be familiar with various accounting software and have a working knowledge of current accounting programs; should have analytical skills, be detail oriented, trustworthy, and able to work independently; You will also be required to work mandatory overtime during busy seasons, meet month-end deadlines and yearly audits, and must be able work well under stress. Should be proficient in MS applications; know how to use a calculator efficiently, and how to operate standard office equipment. Good organizations skills and interpersonal skills are a plus.
Some companies require that you have a high school diploma along with some accounting courses and at least two years of relevant experience. Other companies require that you have a minimum of an Associate's degree in accounting or business administration, along with 2-4 years of relevant experience. However, due to the tremendous competition in the job market today, it’s recommended that you pursue a college degree in your desired field of interest.
Even though a lot of companies have downsized and have outsourced some administrative and clerical functions, the job outlook for an accounting clerk is still in demand. In addition, accounting clerk jobs can be found in so many industries from healthcare services, financial institutions, legal entities, insurance companies, educational institutions, government agencies, non-profit organizations, and so on. And also, as workers leave this field to retire, transfer to another department, get a promoted, or fired- this will open the door for more job openings in this field.
According to national salary wizard, the median salary for an accounting clerk in the United States is $36,611. See detailed diagram of salary range and percentile below.
10th % 25th% 75th% 90th%
$29,611 $32,947 $40,724 $44,468