Financial institutions use many clerks to keep track of their records and to assist clients in their financial transactions. Accounting clerks prepare routine financial records according to established procedures. Payroll clerks process payroll information to determine pay and benefits for staff. Tellers process customers' financial transactions and provide banking information. Financial clerks maintain financial information for financial institutions.
Collectors negotiate payments on overdue accounts and bad cheques.
These workers are employed throughout the private and public sectors. There is a great deal of diversity in the duties of these clerks, but they all calculate and prepare financial statements, provide information on financial statements, maintain filing systems, compile reports based on financial statements and answer client inquiries. Most of the work depends on the use of specific computer programs. Accounting and related clerks perform the general duties listed above, as well as compiling budget data and documents. They also calculate the costs of materials, overhead and other expenses.