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.

A Certificate II or III, or at least 1 year of relevant experience, is usually needed. Around one in four workers have Year 12 as their highest education level. Even with a qualification, further experience or on-the-job training is sometimes required.

Tasks

  • 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

Job Titles

  • Accounts Clerk
  • Cost Clerk
  • Accounts Clerk (also called Accounts Payable Clerk or Receivable Clerk)

    Monitors creditor and debtor accounts, and undertakes related routine documentation. May work in a call centre.

    Specialisations: Audit Clerk, Investment Accounting Clerk

  • Cost Clerk

    Calculates and investigates the cost of wages, materials, overheads and other operating expenses.

Fast Facts

  • $1,071 Weekly Pay
  • 135,900 workers Employment Size
  • Stable Future Growth
  • Lower skill Skill level rating
  • Average unemployment Unemployment
  • 61.4% Full-Time Full-Time Share
  • 36.8 hours Average full-time
  • 44 years Average age
  • 81.3% female Gender Share

The number of Accounting Clerks fell over the past 5 years and is expected to stay about the same over the next 5 years:
from 135,900 in 2018 to 134,300 by 2023.
Job openings can come from new jobs being created, but most come from turnover (workers leaving).
There are likely to be around 53,000 job openings over 5 years (that's about 10,600 a year).

  • Size: This is a very large occupation.
  • Unemployment: Unemployment was average in 2017.
  • Location: Accounting Clerks work in most regions of Australia.
  • Industries: They work in many industries such as Construction; Professional, Scientific and Technical Services; and Manufacturing.
  • Earnings: Full-time workers earn around $1,071 per week (below the all jobs average of $1,230). Earnings tend to be lower when starting out and higher as experience grows.
  • Full-time: Many work full-time (61.4%, similar to the all jobs average of 68.4%).
  • Hours: Full-time workers spend around 36.8 hours per week at work (compared to the all jobs average of 40.0 hours).
  • Age: The average age is 44 years (compared to the all jobs average of 40 years).
  • Gender: 81.3% of workers are female (compared to the all jobs average of 46.7%).

Employment Outlook

Number of Workers

Source: ABS Labour Force Survey, Department of Jobs and Small Business trend data to May 2018 and Department of Jobs and Small Business projections to 2023.
YearNumber of Workers
2008116900
2009130200
2010129600
2011136500
2012141100
2013143500
2014141700
2015130400
2016128800
2017126900
2018135900
2023134300

Weekly Earnings

Weekly Earnings (Before Tax)

Source: Based on ABS Characteristics of Employment survey, August 2015, Cat. No. 6333.0, Customised Report. Median earnings are before tax and do not include superannuation. Earnings can vary greatly depending on the skills and experience of the worker and the demands of the role. These figures should be used as a guide only, not to determine a wage rate.
EarningsAccounting ClerksAll Jobs Average
Full-Time Earnings10711230

Main Industries

Main Employing Industries (% Share)

Source: Based on ABS Labour Force Survey, annual average 2017, Cat. No. 6291.0.55.003: Customised Report. Industries are based on the Australian and New Zealand Standard Industrial Classification (ANZSIC 06).
Main Employing IndustriesIndustry (% share)
Construction13.3
Professional, Scientific and Technical Services10.2
Manufacturing9.8
Public Administration and Safety8.5
Other Industries58.2

States and Territories

  • NSW

  • VIC

  • QLD

  • SA

  • TAS

  • NT

  • ACT

Employment by State and Territory (% Share)

Source: Based on ABS Labour Force Survey, annual average 2017, Cat. No. 6291.0.55.003: Customised Report. Share of workers across Australian States and Territories, in this job compared to the all jobs average.
StateAccounting ClerksAll Jobs Average
NSW30.331.6
VIC27.226.2
QLD21.619.7
SA5.46.7
WA11.010.8
TAS1.82.0
NT0.91.1
ACT1.81.8

Age Profile

Age Profile (% Share)

Source: Based on ABS Labour Force Survey, annual average 2017, Cat. No. 6291.0.55.003: Customised Report. Age profile of workers in this job compared to the all jobs average.
Age BracketAccounting ClerksAll Jobs AverageAll Jobs Average
15-190.4-5.25.2
20-246.5-9.99.9
25-3419.1-23.623.6
35-4425.8-21.721.7
45-5426.9-20.820.8
55-5910.7-8.88.8
60-647.6-6.06.0
65 and Over3.0-4.04.0

Education Level

Highest Level of Education (% Share)

Source: ABS, Education and Work (2016). Findings based on use of ABS TableBuilder data. Highest qualification completed by workers in this job (in any field of study). Skill level requirements can change over time, the qualifications needed by new workers might be different from the qualifications of workers already in the job.
Type of QualificationAccounting ClerksAll Jobs AverageAll Jobs Average
Post Graduate/Graduate Diploma or Graduate Certificate6.7-8.68.6
Bachelor degree18.5-17.917.9
Advanced Diploma/Diploma17.5-10.110.1
Certificate III/IV15-18.918.9
Year 1223.5-18.718.7
Years 11 & 1016.3-17.717.7
Below Year 102.5-8.18.1

A Certificate II or III, or at least 1 year of relevant experience, is usually needed.
Around one in four workers have Year 12 as their highest education level. Even with a qualification, further experience or on-the-job training is sometimes required.

Before starting a course, check it will provide you with the skills and qualifications you need.

  • Compare undergraduate and postgraduate student experiences and outcomes on the QILT website.
  • Compare Vocational Education and Training (VET) courses, providers and student outcomes on the My Skills website.
  • You might be interested in Financial Services VET training pathways on the AAPathways website.

The course listings on this page are provided by Good Education Group.

Employers look for Accounting Clerks who can work well with others, communicate as part of a team and have good computer literacy.

Knowledge

These are important topics, subjects or knowledge areas.

  1. Clerical

    80% Important

    Word processing, managing files and records, stenography and transcription, designing forms, and other office work.

  2. Mathematics

    74% Important

    Arithmetic, algebra, geometry, calculus, or statistics.

  3. English Language

    73% Important

    English language including the meaning and spelling of words, rules of composition, and grammar.

  4. Economics and Accounting

    70% Important

    Economics and accounting, the financial markets, banking and checking and reporting of financial data.

  5. Customer and Personal Service

    69% Important

    Customer and personal services. This includes understanding customer needs, providing good quality service, and measuring customer satisfaction.

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 43-3031.00 - Bookkeeping, Accounting, and Auditing Clerks.

Learn about the daily activities, and physical and social demands faced by workers. Explore the values and work styles that workers rate as most important.

Activities

These are kinds of activities workers regularly do in this job.

  1. Getting Information

    88% Important

    Looking for, getting and understanding different kinds of information.

  2. Interacting With Computers

    88% Important

    Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.

  3. Processing Information

    83% Important

    Compiling, coding, categorizing, calculating, tabulating, auditing, or checking information or data.

  4. Documenting/Recording Information

    79% Important

    Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.

  5. Organizing, Planning, and Prioritizing Work

    76% Important

    Deciding on goals and putting together a detailed plan to get the work done.

Occupational Information Network
O*NET is a trademark of the U.S. Department of Labor, Employment and Training Administration.
The importance ratings on this page are derived from the US Department of Labor O*NET Database Version 21.2, 43-3031.00 - Bookkeeping, Accounting, and Auditing Clerks.

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