Career Definition of a Statement Clerk
Statement clerks review billing information, calculate charges, and prepare billing statements to be sent to customers and clients. Their work includes using billing software to make calculations based on established hourly rates, applying credits, payments, or past due charges, and calculating progress payments based on the percentage of work completed.
|Education||High school diploma, associate's degree or bachelor's degree|
|Job Skills||Detail-oriented, observant for errors, ability to work in front of computer for long hours, efficient, self-motivator|
|Median Annual Salary (2017)*||$38,680 for financial clerks|
|Job Outlook (2016-2026)*||9% growth for financial clerks|
Source: *U.S. Bureau of Labor Statistics
Statement clerks have high school diplomas, associate's degrees, or bachelor's degrees with a variety of majors. Medical statement clerks have often completed community college or vocational school training in medical billing in order to learn about medical procedures, anatomy, and medical statement software.
Statement clerks are adept at examining details and identifying errors. Because much of their work is completed independently, they are efficient and self-motivated workers. Statement clerks must be comfortable working for long periods of time in front of computers.
Career and Economic Outlook
The U.S. Bureau of Labor Statistics (BLS) estimates that jobs for all financial clerks, including statement clerks, will grow at an average pace of 9% from 2016 through 2026. Billing automation and increasingly sophisticated software programs will reduce the number of statement clerks required to complete the available work. Financial clerks earned a median annual salary of $38,680 in 2017, per the BLS.
Alternate Career Options
If the job duties of a statement clerk interest you, you might also want to consider becoming an information clerk or a bookkeeping clerk.
These clerks collect data, maintain records and provide customers with information. Although only a high school diploma and on-the-job training is required, many employers seek applicants with some postsecondary courses or an associate's degree. According to the BLS, the median annual wage for this field in general was $33,680 in 2017, with those responsible for eligibility interviewing for government programs earning the top salaries. The overall projection for growth of information clerks' jobs was slower than average, at 3% during the 2016-2026 decade. Some of these clerks could expect better growth, however, such as court clerks and hotel clerks.
Bookkeeping, Accounting and Auditing Clerk
Needing at least a high school education and learning many of their skills while on the job, these clerks update financial statements and check them for accuracy. The BLS forecasts a decline in employment at 1% from 2016-2026 and reports their annual median wage as $39,240 in 2017.