Accounting Clerk

Accounting Clerks oversee many business activities including accounts payable and accounts receivable, payroll, taxes and all expenses and income pertaining to the company's finances. They must justify and reconcile all bank accounts and maintain the accounting records for government inquiries and internal audits.

Duties and tasks

  • Analyze and justify expenses and income
  • Compile operating budgets and profit and loss statements
  • Create financial reports
  • Document and create deposit slips for all accounts receivable
  • Investigate questionable expenses and inflated estimates
  • Justify all business account expenses
  • Prepare inventory statements
  • Process bills for unpaid accounts
  • Reconcile all invoices and payments
  • Reconcile banking statements
  • Work closely with Accountant 

Skills required

  • Ability to coordinate a variety of tasks without compromising quality
  • Ability to focus under stress for deadlines
  • Ability to maintain financial records and locate them readily
  • Analytical thinking and problem solving skills
  • Exceptional math skills
  • Good communication skills, both verbal and written
  • Good time management abilities
  • Skills to find ways to eliminate waste and increase profitability

Working conditions

Accounting Clerks work inside of an office that is generally climate controlled for comfort. Most offices are rather fast-paced so stress levels can be high especially at the end of the month when reconciliations are due. The offices tend to be clean, comfortable and free from smoke.

Professional associations / Industry information

CPA Australia

CPA Australia is one of the worlds largest accounting bodies with a membership of more than 139,000 finance, accounting and business professionals across the globe.

Institute of Public Accountants

The Institute of Public Accountants (IPA) is a professional organisation for accountants recognised for their practical, hands-on skills and a broad understanding of the total business environment.

Tax Practitioners Board

The Institute of Chartered Accountants in Australia

The Institute of Chartered Accountants in Australia is the professional body representing Chartered Accountants in Australia.

Related jobs and job titles

  • Accountant
  • Administrative Assistant
  • Bank Officer
  • Bookkeeper
  • Business Activity Statement Agent
  • Collection Officer
  • Costing Clerk
  • Debt Collector
  • Insurance Officer
  • Payroll Clerk
  • Settlement Clerk

Related degrees

Related subjects