5511 Accounting Clerks

Most occupations in this unit group have a level of skill commensurate with the qualifications and experience outlined below.

In Australia:

• AQF Certificate II or III (ANZSCO Skill Level 4)

In New Zealand:

• NZQF Level 2 or 3 qualification (ANZSCO Skill Level 4)

At least one year of relevant experience may substitute for the formal qualifications listed above. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification.

• preparing and processing documentation related to accounts payable and receivable
• reconciling invoices and despatching payments
• calculating, analysing and investigating the costs of proposed expenditure, wages and standard costs
• preparing bank reconciliations
• allocating expenditure to specified budget accounts
• summarising expenditure and receipts
• preparing records of standard costs and values for items such as raw materials and packaging supplies
• recording cost variations and contract price movements
• compiling cost data for preparation of operating budgets, and profit and loss calculations
• investigating the costs of proposed expenditures, quotations and estimates
• preparing reports of total costs, inventory adjustments, selling prices and profits
• may work in a call centre

• 551111 Accounts Clerk
• 551112 Cost Clerk

Alternative Title:

• Accounts Payable or Receivable Clerk

Monitors creditor and debtor accounts, and undertakes related routine documentation. May work in a call centre.

Skill Level: 4

Specialisations:

• Audit Clerk
• Investment Accounting Clerk

Calculates and investigates the cost of wages, materials, overheads and other operating expenses.

Skill Level: 4