What is a Financial Clerk?
Are you organized, detail-oriented, and good with numbers? You may want to consider a career as a financial clerk!
Financial clerks look after various financial administrative tasks for banking institutions, insurance companies, and other organizations. They keep records, carry out financial transactions, and assist customers.
What does a Financial Clerk do?
Finance clerks are used in a variety of businesses that need financial assistance with accounting, record keeping, and other related tasks.
Financial clerks have various responsibilities, such as:
- Preparing and processing bills, receipts, and invoices
- Updating financial records
- Monitoring financial transactions
- Reviewing financial records for accuracy
- Reporting errors and customer complaints
- Compiling spreadsheets, reports, and statements
- Providing customer service
- Performing administrative tasks such as filing, answering phone calls, emails etc.
There are several types of financial clerks, such as:
- Bank clerks - help customers deposit money, or determine which type of account would best suit a particular customer
- Insurance clerks - keep files of payments that have come in, and payments that are still due
- Brokerage clerks - write orders for the sale and purchase of stocks and shares, calculate applicable taxes and fees, issue dividends, and record transactions
- Billing and posting clerks - produce bills, compute fees, assess sales and purchase orders, and apprise customers and vendors of account updates
- Procurement clerks - keep track of supplies and purchases, and deal with questions about orders
- Payroll clerks - record and verify employee hours and pay
- Loan clerks - verify financial information for loan applications
- Gaming cage clerks - manage money at a casino
- New accounts clerks - discuss and interview individuals who are interested in opening new accounts at a bank or other type of financial institution
What is the workplace of a Financial Clerk like?
Financial clerks work in a wide range of industries, including healthcare, insurance, government, recreation, and banking.
The work environment varies depending on the specific job. A busy bank is going to require a person who is ready to work full time, while a small insurance company with a few clients might only have part-time openings. Gaming clerks could be asked to work shifts, as casinos are typically open 24 hours per day.
Financial Clerks are also known as:
Finance Clerk Finance Administration Clerk Finance And Administration Clerk Financial Administration Clerk Billing Clerk Posting Clerk