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Working as an accounting clerk is an excellent way to gain industry experience before becoming a chartered accountant. Your role will involve processing, updating budgets and financial records as well as handling both accounts payable and receivable. You will work with customers to answer questions and solve accounting-related issues. Overall, you ensure the company’s accounting needs are in order and run effectively.
Accounting clerks work in the accounting department. You will work in coordination with other accounting professionals. You will work normal office hours, 9-5, Monday to Friday. You will be assigned tasks by the accounting manager or senior accountant. Depending on your role, it could involve meeting with clients and working remotely.
The role of accounting clerk is a precursor to more advanced roles in the accounting industry. A common path you will follow is junior accountant, auditor, CPA (wirth accounting certification).
Accounting clerks can expect an average annual salary between $42,000 and $58,000 per year. This works out to an average salary of about $47,000 per year. Here is a breakdown based on your level of experience:
annual: $47,000
monthly: $3,917
weekly: $979
hourly: $24.48
lowest salary: $42,100 per year
average salary: $47,000 per year
highest salary: $58,100 per year
junior salary: $42,100-$44,700 per year
intermediate salary: $41,700-$51,300 per year
senior salary: $50,400-58,100 per year
Accounting clerks work in a support role. You will assist accountants and other professionals with a variety of accounting-related tasks including the following:
Accounting clerks typically work for larger corporations. But you can also find work in just about any company with an accounting department. An alternative option is to work for an accounting firm.
As an accounting clerk, you will need a strong grasp of accounting principles. It is expected you will have most of the following skills:
While some companies may hire candidates with only a high school diploma, most require you to have some college and a desire to work toward your accounting designation. Accounting related experience is preferred.