What does an Accounting Clerk do? What is their Salary?
There are a wide variety of jobs in the field of accounting, and you should take the time to learn which jobs are high in demand and which jobs pay the best before you start your career search. You should consider your duties, the job outlook, and salary trends before you pursue any position in the field.
Unlike many of the jobs in the accounting field, candidates for a clerk position are generally only required to have a high school diploma and basic math and computer skills. The competition for employment as an accounting clerk is very high, so many individuals pursue a special certification when seeking a position as well.
So what do they Do?
An accounting clerk is responsible for producing the financial records for organizations by recording data and updating statements for accuracy. Unlike an accountant, who will analyze the data, the clerk only records data.
Because accounting clerks can work in a wide range of industries, the job outlook for clerks is high. Employment of accounting clerks is predicated to grow by at least 14% by 2020, and as the financial regulations and tax laws become stricter, employment is only expected to grow more.
How much money do they make?
While the average salary reported for accounting clerks in 2012 was $31,030, salary trends are on the rise. Entry-level clerks can expect to earn about $16 per hour, but with years of experience or a Certification by the American Institute of Professional Bookkeepers, you can attract better opportunities that offer higher pay. After you gain enough experience in the field, you may be able to become an accountant and advance your career by passing a CPA exam.