Will “Collateral Clerk” be Replaced By Robots? 🤔
98% Chance of Automation
“Collateral Clerk” will almost certainly be replaced by robots.
This job is ranked #671 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.
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Job Description
Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.
Job Details
- The SOC (Standard Occupational Classification) code is 43-3031.00
- The Mean Annual Wage in the U.S. is $ 40,220.00
- The Mean Hourly Wage is $ 19.00
- Currently, there are 1,566,960 people on this job
☝️ Information based on the reference occupation “Bookkeeping, Accounting, and Auditing Clerks”.
Also Known As…
- Bookkeeping, Accounting, and Auditing Clerks
- Bookkeeper
- Accounts Receivable Clerk
- Accounts Payables Clerk
- Accounts Payable Specialist
- Accounts Payable Clerk
- Accounting Clerk
- Accounting Associate
- Accounting Assistant
- Account Receivable Clerk
- Account Clerk
- Voucher Examiner
- Voucher Clerk
- Typing Bookkeeper
- Typing and Bookkeeper
- Trust Vault Clerk
- Tonnage Compilation Clerk
- Stock Transfer Clerk
- Staff Accountant
- Securities Clerk
- Sales Audit Clerk
- Revenue Audit Clerk
- Returned Item Clerk
- Reserves Clerk
- Remittance Clerk
- Reconciliation Clerk
- Reconciliation Analyst
- Reconcilement Clerk
- Price Clerk
- Price Checker
- Posting Clerk
- Payroll Accounting Clerk
- Payment Processor
- Patient Financial Service Representative
- Patient Account Representative
- Pari Mutuel Ticket Checker
- Office Work and Bookkeeper
- Office Manager
- Night Auditor
- Mortgage Loan Computation Clerk
- Mortgage Accounting Clerk
- Margin Clerk
- Letter of Credit Clerk
- Ledger Poster
- Ledger Clerk
- Journal Clerk
- Income Auditor
- Import Export Clerk
- Hotel Night Auditor
- Hotel Auditor
- General Ledger Bookkeeper
- Full Charge Bookkeeper
- Foreign Exchange Position Clerk
- Foreclosure Clerk
- Food and Beverage Controller
- Fixed Capital Clerk
- Fiscal Technician
- Fiscal Accounting Clerk
- Financial Recording Clerk
- Financial Processing Clerk
- Finance Assistant
- Figure Clerk
- Field Clerk
- Export Documents Clerk
- Export Clerk
- Escrow Closer
- Escrow Agent
- Electronic Funds Transfer Coordinator
- Document Processor
- Dividend Deposit Voucher Clerk
- Distribution Accounting Clerk
- Discount Clerk
- Daily Sales Audit Clerk
- Credit Card Clerk
- Cost Accounting Clerk
- Cost Accountant
- Computer Bookkeeper
- Commodity Loan Clerk
- Collection Clerk
- Collateral and Safekeeping Clerk
- Clipman
- Clerk and Bookkeeper
- Clerk Analyst
- Clearing House Clerk
- Classifier
- Classification Control Clerk
- Classification Analyst
- Chief Wheelage Clerk
- Check Processing Clerk
- Check Out Clerk
- Check Clerk
- Chart Snatcher
- Chart Reader
- Chart Picker
- Chart Computer
- Chart Clerk
- Chart Changer
- Chart Calculator
- Cash Register Balancer
- Cash Accounting Clerk
- Canceling and Cutting Control Clerk
- Budget Technician
- Budget Clerk
- Bookkeeping Clerk
- Bookkeeper Assistant
- Bookkeeper and Clerk
- Booking Clerk
- Book Keeper
- Bond Clerk
- Billing Clerk
- Billing Checker
- Bank Reconciliator
- Balance Clerk
- Auditor Sales
- Auditing Clerk
- Audit Control Clerk
- Audit Clerk
- Amortization Clerk
- Advice Clerk
- Accounts Receivable Specialist
- Accounts Receivable Assistant
- Accounts Payable Representative
- Accounts Payable Manager
- Accounts Payable Coordinator
- Accounts Payable Administrator
- Accounting Technician
- Accounting Specialist
- Accounting Representative
- Accounting Manager
- Accounting Coordinator
- Accounting Bookkeeper
- Accounting Analyst
- Accountant Helper
- Accountant Clerk
- Accountant Assistant
- Accountant
- Account Information Clerk
- Account Administrator
Tasks for “Collateral Clerk”
- Reconcile or note and report discrepancies found in records.
- Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
- Prepare and process payroll information.
- Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.
- Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
- Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
- Comply with federal, state, and company policies, procedures, and regulations.
- Operate computers programmed with accounting software to record, store, and analyze information.
- Reconcile records of bank transactions.
- Calculate and prepare checks for utilities, taxes, and other payments.
- Access computerized financial information to answer general questions as well as those related to specific accounts.
- Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
- Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
- Monitor status of loans and accounts to ensure that payments are up to date.
- Prepare trial balances of books.
- Maintain inventory records.
- Prepare purchase orders and expense reports.
- Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
- Perform personal bookkeeping services.
- Match order forms with invoices, and record the necessary information.
- Compile budget data and documents, based on estimated revenues and expenses and previous budgets.
- Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
- Code documents according to company procedures.
- Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
- Transfer details from separate journals to general ledgers or data processing sheets.
- Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.
- Compile statistical, financial, accounting, or auditing reports and tables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses.
- Compute deductions for income and social security taxes.
- Receive, record, and bank cash, checks, and vouchers.
- Compare computer printouts to manually maintained journals to determine if they match.
Related Technology & Tools
- Ledger sheets
- Financial calculators
- Desktop computers
- 10-key calculators
- Image scanners
- Notebook computers
- Receipt books
- HCSS HeavyBid
- American HealthTech Financial
- Intuit QuickBooks
- Microsoft Excel
- IBM Notes
- Infor Global Solutions Starbuilder
- AcornSystems Corporate Performance Management
- Sage 50 Accounting
- Paisley Cardmap
- MEDITECH software
- Records management software
- Pentana audit work system PAWS
- BillingTracker
- SAP
- Microsoft Outlook
- SAP Crystal Reports
- FLS eDP.Payrolltax
- Intuit Quicken
- Best MIP Fund Accounting
- Human resource management software HRMS
- LexisNexis
- MethodWare ProAudit Advisor
- ATX Total Engagement Office
- Oracle PeopleSoft Financials
- Paisley RiskNavigator
- SAP BusinessObjects Data Integrator
- Healthcare common procedure coding system HCPCS
- Financial compliance software
- ATX Total Accounting Office
- FileMaker Pro
- Cost accounting software
- Accutrac Records Management Software
- AMS Services AMS Sagitta
- Oracle JD Edwards EnterpriseOne
- Word processing software
- Data entry software
- Oracle PeopleSoft
- IBM Cognos Impromptu
- Paisley IssueTrack
- Intrax ProcedureNet
- PROPHIX Enterprise
- Microsoft PowerPoint
- RSM McGladrey Auditor Assistant
- Medical condition coding software
- Cartesis ES Magnitude
- Sage 100 Contractor
- Microsoft Word
- New Millennium Communications Genesis Accounting
- Medical procedure coding software
- Microsoft Office
- Microsoft Dynamics GP
- ComputerEase
- Sage ACT!
- Roundtable Software Advantage Accounting System
- UA Business Software Professional Edition
- Accurate NXG
- Payroll software
- Financial reporting software
- Automation Counselors municiPAL
- Blackbaud The Raiser's Edge
- Tax software
- Heron CrossTie General Ledger
- Softrax Revenue Management
- Sage 100 ERP
- Asset management software
- Accounts payable software
- CCIS AccountAbility
- Auditing software
- Blackbaud The Financial Edge
- Customer information control system CICS
- BLS Software Invoice!
- ACS Technologies ACS Financial Suite
- Microsoft Dynamics
- NetSuite ERP
- FlexiFinancials FlexiLedger
- Document management system software
- AdaptaSoft CyberPay
- Microsoft Access
- SAP Business Objects
- Advanced Management Systems Software for Wineries
- Spreadsheet software
- HCSS HeavyJob
- Corporate Responsibility System Technologies Limited CRSTL Compliance Positioning System
- Microsoft Internet Explorer
- Fund accounting software
- Yardi
- General ledger software
- Business performance management BPM software
- Oracle Hyperion
- Accounts receivable software
- Activant Solutions Activant Prophet 21
- Paisley Focus Control Assurance
- HMS
- OmniRIM Records Management Suite
- Paisley AutoAudit
- Tumbleweed SecureTransport
- RSM McGladrey Advanced Practice Solutions Paperless Audit
- ADP Workforce Now
- ADP Pay eXpert
- Financial statement software
- Oracle E-Business Suite Financials
- CYMA IV Accounting for Windows
- AuditWare