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.

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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.

A financial clerk sitting at her desk and using a calculator.

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

Are you suited to be a financial clerk?

Financial clerks have distinct personalities. They tend to be conventional individuals, which means they’re conscientious and conservative. They are logical, efficient, orderly, and organized. Some of them are also enterprising, meaning they’re adventurous, ambitious, assertive, extroverted, energetic, enthusiastic, confident, and optimistic.

Does this sound like you? Take our free career test to find out if financial clerk is one of your top career matches.

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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