What Do Bookkeeping, Accounting, and Auditing Clerks Do?
All types of businesses are required to keep financial records, so many of them rely on bookkeeping, accounting, and auditing clerks to perform routine accounting duties. In general, this position consists of maintaining company financial records and monitoring various accounts. This includes calculating, posting and verifying numbers, as well as classifying and recording numerical data.There is expected to be a national annual growth of 11% in this field, which results in approximately 37,000 job openings each year. Since accounting services are required by all types of businesses, this growth will be across a diverse range of companies in many areas of the country.
Bookkeeping, Accounting, and Auditing Clerks Skills and Abilities
In order to be successful at this position, you will need to have strong math skills and be good with numbers. Excellent computer skills will be necessary to input and analyze data. A comprehensive understanding of administrative and clerical procedures will be useful, as will knowledge of economic and accounting principles. Attention to detail will be required in order to catch errors. Strong communication skills will be needed, as the position requires interacting with fellow employees, customers and other businesses. Critical thinking and problem solving skills will also be useful when analyzing the strengths and weaknesses of systems and procedures.
Bookkeeping, Accounting, and Auditing Clerks Duties
Bookkeeping, Accounting, and Auditing Clerks will be responsible for a number of technical duties within an organization. They will keep track of accounts payable and accounts receivable. They will process and record information such as data, sales transactions and payments. They will be responsible for issuing invoices to customers and paying invoices from vendors. They may be asked to prepare and execute budgets. They may also perform general administrative tasks, such as answering telephones, filing documents and monitoring inventory. Some other specific duties associated with this position include:
- Executing financial transactions and entering them into the companys system
- Using spreadsheets to keep track of debits and credits for various accounts
- Performing banking duties
- Managing company expenses
- Compiling financial reports
- Identifying and reconciling discrepancies
Bookkeeping, Accounting, and Auditing Clerks Tools and Technology
This position relies heavily on computers. Knowledge of accounting software, document management programs and auditing systems are necessary. Proficiency with a desktop calculator will also be useful, as will experience using ledger sheets to keep track of debit and credit entries by hand.
Education and Training for Bookkeeping, Accounting, and Auditing Clerks
While some bookkeeping, accounting, and auditing clerks have college degrees, a degree is not required to work in this field. The majority of people who work in this profession have a high school diploma only. Prior related work experience may be helpful, but much of the positions duties can be learned through on-the-job training.
Bookkeeping, Accounting, and Auditing Clerks Salary
Bookkeeping, accounting, and auditing clerks earn a fairly good salary, especially considering the position does not require any higher education. The average yearly income for this field is $36,400. The lowest 10% of workers make $22,500 annually, while the highest 10% bring home as much as $56,500.
Bookkeeping, Accounting, and Auditing Clerks Jobs by Geography
The highest concentration of jobs in this field will be found in areas with large populations. California, Florida, New York and Texas employ the greatest number of bookkeeping, accounting, and auditing clerks in the nation. The highest wages for this position, however, can be found in the District of Columbia, where many governmental agencies are located. The second and third highest wages can be found in Connecticut and Alaska. Therefore, it will be important to take both location and potential salary into consideration when deciding where to begin your job search.