Accounting Clerks

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

  • The Job
  • The Facts
  • Related Courses

What the job involves

  • 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

Key values of workers in Accounting Clerks

  • Relationships

    Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.

  • Achievement

    Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

  • Working Conditions

    Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.

  • Independence

    Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.

  • Recognition

    Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

Top skills required for workers in Accounting Clerks

  • Reading Comprehension

    Understanding written sentences and paragraphs in work-related documents.

  • Active Listening

    Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

  • Critical Thinking

    Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

  • Writing

    Communicating effectively in writing as appropriate for the needs of the audience.

  • Speaking

    Talking to others to convey information effectively.