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Accounts Clerks monitor creditor and debtor
accounts, undertake related routine documentation,
and calculate and investigate the cost of wages, materials,
overheads and other operating costs.

Accounts clerks manage and
maintain the financial accounts for a business or organisation. They
perform accounting duties such as setting budgets, billing clients,
expenditure management and payroll. Other tasks may include reconciling
account statements, reviewing invoices, checking for any discrepancies
and writing financial reports. They also manage relationships with
clients, and address queries regarding payments and invoicing. Accounts
clerks usually specialise in either accounts payable or accounts
receivable, but will sometimes perform both roles.
ANZSCO ID & Description:
551111: Monitors creditor and debtor accounts, and
undertakes related routine documentation. May work in a call centre.
Alternative names: Accounts payable, Receivable clerk,
Accounting Clerk,
Specialisations: Audit Clerk,
Investment Accounting Clerk
Knowledge, skills and
attributes
An accounts clerk needs:
- record-keeping and data management skills
- analytical thinking and problem solving skills
- to be
accurate and detailed in their work
- strong
organisational skills
- good
communication skills
- to be
able to work as part of a team

(Source:
AlmostAnything)
Duties and Tasks
- preparing and processing documentation related to
accounts payable and receivable
- reconciling invoices and despatching payments
- calculating, analysing and investigating the costs of
proposed expenditure, wages and standard costs
- preparing bank reconciliations
- allocating expenditure to specified budget accounts
- summarising expenditure and receipts
- preparing records of standard costs and values for
items such as raw materials and packaging supplies
- recording cost variations and contract price
movements
- compiling cost data for preparation of operating
budgets, and profit and loss calculations
- investigating the costs of proposed expenditures,
quotations and estimates
- preparing reports of total costs, inventory
adjustments, selling prices and profits
- may work in a call centre
- assist in the
preparation of budgets and financial plans
- deposit money into
business accounts and perform other banking duties
- liaise with clients
regarding outstanding invoices and payments
- manage weekly/monthly
operating costs such as wages and petty cash
- monitor cash flow of
the business
- payment of invoices and
expenses
- prepare and distribute
financial reports and documents to management and staff as required
- prepare management
reports including Accounts Receivable and Accounts Payable
- reconcile expenditure
reports
Working conditions
Accounts clerks may work for a variety of different businesses in a wide
range of industries. In larger firms they will usually work as part of a
team in a specific accounting branch of the institution.
They usually work in an office environment, and may need to work longer
hours during peak financial periods such as the end of the financial
year.
Tools and technologies
Accounts clerks perform most of their tasks on a computer.
They use specialist financial and business software to record, monitor
and analyse the financial activities of the business. Spreadsheets and
electronic databases are used on a daily basis for maintaining
accounting records. Accounts clerks may spend considerable time on the
phone or using email.
Education and training/entrance requirements
To become an accounts clerk, you usually need to complete a
formal qualification in accounting, accounts administration, business
administration or financial services.
A Certificate II or III, or at least 1 year of relevant experience, is
usually needed. Around one in four workers have Year 12 as their highest
education level. Even with a qualification, further experience or
on-the-job training is sometimes required.
The Certificate III in Accounts Administration, Certificate III in
Business Administration, Certificate III in Financial Services and
Certificate IV in Accounting and Certificate IV in Bookkeeping are
offered at TAFE colleges and other registered training organisations
throughout Australia.
You can also complete a traineeship. The accounts clerk, payroll and
accounts clerk, accounts payable, and accounting support officer
traineeships usually take 12 months to complete. The accounts clerk and
accounts payable traineeships are available as school-based
traineeships.
Did You Know?
Here are some people you need to know in any
organisation...

C-level jobs refer to high-ranking
executive titles with the "C" standing for Chief.
Executives in C-level positions are the most powerful and
influential people in an organization.
They make more important decisions, have a more demanding
workload, and thus have high salaries.
(Source:
The Balance)
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Related Jobs or Working with
these Jobs (Jobs not linked are currently being worked on)
Materials sourced from
Jobs & Skills WA [Accounts
Clerk,
]
Open Universities [Accounts
Clerk; ]
Your Career [Accounts
Clerk; ]


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