An entry-level clerk processing the company's daily cash transactions — applying customer payments, recording receipts, supporting bank deposit prep, and reconciling cash accounts under direct supervision. The starting rung in AR and cash management careers.
Most days tend to involve steady transaction work — applying customer payments against invoices, preparing daily bank deposits, posting cash receipts, and flagging unidentified items for senior review. You'll often work in the lockbox system or accounting platform, process exceptions with senior backup, and learn the company's specific cash management processes. Daily cadence shapes the work.
The variance between employers depends on volume and system maturity — high-volume e-commerce or healthcare AR shops process thousands of daily transactions with automated cash application; smaller businesses still rely on manual posting; B2B companies match payments to specific invoices, while B2C consumer-facing companies handle higher-volume smaller transactions. Healthcare adds complexity with remittance advice and EOB matching.
People who tend to thrive here are detail-oriented, methodical, and comfortable with high-volume transaction work. The role can build toward cash applications specialist, AR analyst, or accountant tracks. The trade-off is the repetitive nature, but for those who find satisfaction in a clean reconciliation at day's end, the role offers stable entry into accounting careers.
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Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.
An entry-level clerk processing the company's daily cash transactions — applying customer payments, recording receipts, supporting bank deposit prep, and reconciling cash accounts under direct supervision. The starting rung in AR and cash management careers.
Median pay for a Junior Cash Accounting Clerk is about $49K nationally, with the field ranging roughly from $35K to $73K depending on experience, employer, and metro (BLS).
Core skills for this role include Mathematics, Reading Comprehension, Critical Thinking, Active Listening, and Speaking.
Most people in this role hold a high school diploma.
Employment in this field is projected to decline about 5.8% through 2034, with roughly 1.5 million people working in it today (BLS).
Closely related roles include Cash Accounting Clerk, Document Processor, and Credit Card Clerk.
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