Finance Clerk Salary
The larger portion of Finance Clerks in the United States are women. Median pay in this female-dominated area goes for around $14.96 per hour. The majority of Finance Clerks claim high levels of job satisfaction. Health benefits are not claimed by all — approximately one-third lack any form of coverage — but the larger part have medical insurance, and the greater part have dental, too. This report is based on responses to the PayScale 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.
Relatively untried employees who have less than five years' experience have a median salary of $30K. Those who have been around for five to 10 years can expect to take home more — $32K on average. Finance Clerks bring in $32K after working for 10 to 20 years. Finance Clerks who have spent more than 20 years on the job report earning a significantly higher median of $40K.
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Key Stats for Finance Clerk
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