Finance Clerk Salary
Women comprise the majority of Finance Clerks in the United States. Individuals in this line of work make around $14.38 per hour on average. Most Finance Clerks report high levels of job satisfaction. While close to two-fifths report receiving no health benefits, more than half do receive medical coverage, and half have dental, as well. This snapshot results from replies to PayScale's salary survey.
Job Description for Finance Clerk
Finance clerks perform a variety of clerical duties in support of finance departments of companies in a wide array of fields. These clerks are generally expected to analyze financial documents such as invoices, receipts, and reports to ensure their accuracy; when mistakes are detected, they will work with management to resolve them. They may also be involved in collections of owed payments. In some positions, they also have duties relating to payroll administration and basic clerical duties such as organizing correspondence, answering phone calls, filing, and keeping inventory of office supplies. Data entry, such as entering information from corrected invoices, may also be part of the job.Read More...
Some positions require only a high school diploma, while others may require at least an associate’s degree in accounting or a related field. Experience with Quickbooks and other financial software and adequate skills in Microsoft Office, including Word, Excel, Outlook are highly beneficial. Accurate ten-key and typing skills are also important for applicants.
Most of the job's duties are performed in an office environment, and assigned duties may vary depending on the employer. The job usually involves working with a variety of people in various departments and assisting them as needed, so strong communication skills, organizational skills and the abilities to work well under pressure and adhere to time constraints are very important. There are both part-time and full-time positions available, and some are temporary while others are permanent. Most finance clerks work during traditional weekly business hours.
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Pay by Experience Level for Finance Clerk
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Those who have worked for fewer than five years take home a median salary of $29K, and workers with five to 10 years of experience earn a higher $32K on average. Finance Clerks bring in $31K after working for 10 to 20 years. Survey participants who have worked for more than two decades report bringing in $39K on average.