How to Become an Accounts Clerk

An Accounts Clerk is in charge of performing a wide range of accounting tasks to support their company or organisation. Duties include reviewing and paying invoices, managing expenses, and verifying and reconciling financial data.

They manage cash flow, assist in setting budgets and liaise with external parties to resolve issues and ensure that the business is in a healthy financial state

It is the responsibility of Accounts Clerks to monitor and maintain their company’s accounting records. Using specialised software, spreadsheets and databases, they enter balances and calculate interest on loans, investments and bank accounts. They must also reconcile account statements, identify and investigate discrepancies and generate financial reports.

• Assembling and processing documents regarding accounts payable and receivable.
• Reconciling accounts and dispatching payments.
• Calculating and researching the costs of proposed expenditure, wages, quotes and operational expenses.
• Preparing bank reconciliations.
• Managing budget allocations.
• Maintaining records of standard costs and values for things like incidentals, raw materials and packaging supplies.
• Verifying invoices and summarising expenditures.
• Compiling data and generating reports on operating costs, inventory adjustments, budgets and profit and loss figures.