Accounting Clerks, classified under ANZSCO 5511, play a crucial role in monitoring creditor and debtor accounts, handling routine documentation, and conducting cost analysis for various operational expenses. These professionals are an integral part of the financial management process within organizations.

Indicative Skill Level:

The skill level required for most occupations in the Accounting Clerks unit group is 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)

In some cases, relevant experience of at least one year may substitute for the formal qualifications mentioned above. Additionally, specific on-the-job training and experience may be required alongside the formal qualification.

Tasks Include:

• Preparing and processing documentation related to accounts payable and receivable
• Reconciling invoices and dispatching payments
• Calculating, analyzing, and investigating costs of proposed expenditure, wages, and standard costs
• Preparing bank reconciliations
• Allocating expenditure to specified budget accounts
• Summarizing 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 the preparation of operating budgets, 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 center

Occupations:

• 551111 Accounts Clerk
• 551112 Cost Clerk

551111 Accounts Clerk

Alternative Title: Accounts Payable or Receivable Clerk

An Accounts Clerk is responsible for monitoring creditor and debtor accounts, along with handling related routine documentation. These professionals may also work in call centers. Specializations within this occupation include Audit Clerk and Investment Accounting Clerk.

Skill Level: 4

551112 Cost Clerk

A Cost Clerk's primary role involves calculating and investigating the costs associated with wages, materials, overheads, and other operating expenses.

Skill Level: 4