Will “Escrow Closer” be Replaced By Robots? 🤔
98% Chance of Automation
“Escrow Closer” 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 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 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 “Escrow Closer”
- Code documents according to company procedures.
- Compile budget data and documents, based on estimated revenues and expenses and previous budgets.
- Operate computers programmed with accounting software to record, store, and analyze information.
- Prepare purchase orders and expense reports.
- 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.
- Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
- Maintain inventory records.
- Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.
- Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
- Reconcile or note and report discrepancies found in records.
- Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
- Compare computer printouts to manually maintained journals to determine if they match.
- 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.
- Prepare trial balances of books.
- Calculate and prepare checks for utilities, taxes, and other payments.
- Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
- Prepare and process payroll information.
- Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
- Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
- Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
- Match order forms with invoices, and record the necessary information.
- Access computerized financial information to answer general questions as well as those related to specific accounts.
- Perform personal bookkeeping services.
- Receive, record, and bank cash, checks, and vouchers.
- Comply with federal, state, and company policies, procedures, and regulations.
- Reconcile records of bank transactions.
- Monitor status of loans and accounts to ensure that payments are up to date.
- Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
- Compute deductions for income and social security taxes.
Related Technology & Tools
- Image scanners
- Notebook computers
- Ledger sheets
- Financial calculators
- Desktop computers
- 10-key calculators
- Receipt books
- Microsoft Dynamics
- SAP
- Intuit QuickBooks
- MethodWare ProAudit Advisor
- HMS
- Business performance management BPM software
- Accounts receivable software
- Intuit Quicken
- Document management system software
- Oracle E-Business Suite Financials
- Human resource management software HRMS
- NetSuite ERP
- AcornSystems Corporate Performance Management
- Oracle Hyperion
- UA Business Software Professional Edition
- General ledger software
- Sage ACT!
- Financial statement software
- IBM Notes
- Infor Global Solutions Starbuilder
- ADP Pay eXpert
- Cartesis ES Magnitude
- Sage 100 Contractor
- ATX Total Engagement Office
- Activant Solutions Activant Prophet 21
- Spreadsheet software
- Roundtable Software Advantage Accounting System
- Microsoft Excel
- BLS Software Invoice!
- New Millennium Communications Genesis Accounting
- Microsoft Internet Explorer
- Customer information control system CICS
- RSM McGladrey Auditor Assistant
- Softrax Revenue Management
- Financial compliance software
- Microsoft Word
- Fund accounting software
- Tax software
- SAP BusinessObjects Data Integrator
- Records management software
- SAP Crystal Reports
- Oracle JD Edwards EnterpriseOne
- Pentana audit work system PAWS
- ComputerEase
- RSM McGladrey Advanced Practice Solutions Paperless Audit
- Yardi
- Automation Counselors municiPAL
- LexisNexis
- HCSS HeavyJob
- Microsoft Access
- MEDITECH software
- Microsoft Office
- Word processing software
- Healthcare common procedure coding system HCPCS
- SAP Business Objects
- FLS eDP.Payrolltax
- AMS Services AMS Sagitta
- Paisley IssueTrack
- AdaptaSoft CyberPay
- ATX Total Accounting Office
- Blackbaud The Financial Edge
- Cost accounting software
- Advanced Management Systems Software for Wineries
- FlexiFinancials FlexiLedger
- Payroll software
- Asset management software
- Oracle PeopleSoft
- Blackbaud The Raiser's Edge
- Accurate NXG
- Medical condition coding software
- Auditing software
- CYMA IV Accounting for Windows
- AuditWare
- PROPHIX Enterprise
- Paisley RiskNavigator
- Paisley Cardmap
- Accounts payable software
- BillingTracker
- Tumbleweed SecureTransport
- Heron CrossTie General Ledger
- FileMaker Pro
- American HealthTech Financial
- OmniRIM Records Management Suite
- Microsoft Outlook
- Data entry software
- Best MIP Fund Accounting
- Microsoft PowerPoint
- Microsoft Dynamics GP
- Paisley Focus Control Assurance
- Accutrac Records Management Software
- Oracle PeopleSoft Financials
- Paisley AutoAudit
- Intrax ProcedureNet
- HCSS HeavyBid
- Sage 100 ERP
- Corporate Responsibility System Technologies Limited CRSTL Compliance Positioning System
- Sage 50 Accounting
- IBM Cognos Impromptu
- CCIS AccountAbility
- ACS Technologies ACS Financial Suite
- ADP Workforce Now
- Financial reporting software
- Medical procedure coding software