Employment Outlook

Accounting Clerk

Accounting Clerks maintain creditor and debtor accounts, perform related financial duties and calculate and examine the cost of wages, materials, overheads and other operating costs. They are required to justify and reconcile all bank accounts and keep accounting records for internal audits and government inquiries.

 

Average wage for

Employment Levels

Around 121,700 people are currently employed as Accounting Clerks in Australia. This is set to decrease slightly to 119,400 people by 2019, according to the Department of Employment.

Employment by State

32% of all Accounting Clerks are employed in NSW. The area with the lowest number of Accounting Clerks is NT, with only 0.9%.

Gender Split

This is a very female dominated industry with 18.7% of Accounting Clerks being male and 81.4% female.

Age Brackets

The most popular age for people working as Accounting Clerks is 45-54 years old, with 25.8%. A small percentage (5.3%) of people get into this career path older, aged 60-64. There is also a number of people who enjoy a career as Accounting Clerks, with 9.4% aged 55-59.

Hours Worked

Accounting Clerks work an average of 36.2 hours a week which is 4.7 hours lower than the average for all occupations.

Education Level

The majority of Accounting Clerks have a Year 12 qualification (20%) or are at a Certificate III/IV level (18.8%). 58.7% of people have a Cert III or higher, whilst 41.3% have a qualification which is Year 12 or lower.

Accounting Clerk Duties & Tasks

Provide and handle documentation related to accounts payable and receivable

Reconcile invoices and despatch payments

Calculate and examine the costs of proposed expenditure, wages and standard costs

Prepare bank reconciliations

Allocate expenditure to budget accounts

Keep records of standard values for items including raw materials and packaging supplies

Record cost variations and contract price movements

Develop cost data for operating budgets, profit and loss calculations

Examine the costs of projected expenditures and estimates

 

 

*The information provided on this page is from the Department of Employment’s Job Outlook website. All salary ranges are from Payscale. Where jobs are not exact matches, job areas have been used. This information is to be used as a guide only. 

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