Will “Cost Accounting Clerk” be Replaced By Robots? 🤔

98% Chance of Automation

“Cost Accounting Clerk” will almost certainly be replaced by robots.

This job is ranked #671 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.

Care to share? Click for Facebook, Twitter, LinkedIn, or XING. 👍

Job Description

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

Job Details

The SOC (Standard Occupational Classification) code is 43-3031.00
The Mean Annual Wage in the U.S. is $ 40,220.00
The Mean Hourly Wage is $ 19.00
Currently, there are 1,566,960 people on this job

☝️ Information based on the reference occupation “Bookkeeping, Accounting, and Auditing Clerks”.

Also Known As…

Tasks for “Cost Accounting Clerk”

Prepare trial balances of books.
Prepare and process payroll information.
Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
Comply with federal, state, and company policies, procedures, and regulations.
Reconcile or note and report discrepancies found in records.
Transfer details from separate journals to general ledgers or data processing sheets.
Match order forms with invoices, and record the necessary information.
Compute deductions for income and social security taxes.
Access computerized financial information to answer general questions as well as those related to specific accounts.
Operate computers programmed with accounting software to record, store, and analyze information.
Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
Reconcile records of bank transactions.
Compile budget data and documents, based on estimated revenues and expenses and previous budgets.
Code documents according to company procedures.
Prepare purchase orders and expense reports.
Calculate and prepare checks for utilities, taxes, and other payments.
Compile statistical, financial, accounting, or auditing reports and tables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses.
Monitor status of loans and accounts to ensure that payments are up to date.
Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.
Maintain inventory records.
Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
Receive, record, and bank cash, checks, and vouchers.
Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.
Compare computer printouts to manually maintained journals to determine if they match.
Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
Perform personal bookkeeping services.
Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.

Related Technology & Tools

Image scanners
Financial calculators
Ledger sheets
Desktop computers
Notebook computers
Receipt books
10-key calculators

Intuit Quicken
Records management software
Sage 100 ERP
Oracle JD Edwards EnterpriseOne
IBM Cognos Impromptu
NetSuite ERP
Intrax ProcedureNet
Auditing software
Paisley RiskNavigator
Asset management software
Microsoft Office
Best MIP Fund Accounting
Pentana audit work system PAWS
Accounts payable software
CYMA IV Accounting for Windows
RSM McGladrey Auditor Assistant
General ledger software
ATX Total Engagement Office
Microsoft Internet Explorer
Blackbaud The Raiser's Edge
MEDITECH software
Medical condition coding software
Microsoft Dynamics GP
Business performance management BPM software
Customer information control system CICS
Tax software
HCSS HeavyJob
Paisley Focus Control Assurance
Paisley Cardmap
AdaptaSoft CyberPay
UA Business Software Professional Edition
Fund accounting software
Advanced Management Systems Software for Wineries
Human resource management software HRMS
Oracle PeopleSoft Financials
Word processing software
Automation Counselors municiPAL
HMS
Roundtable Software Advantage Accounting System
Financial statement software
ADP Workforce Now
AcornSystems Corporate Performance Management
Document management system software
AMS Services AMS Sagitta
BillingTracker
Sage ACT!
Sage 50 Accounting
MethodWare ProAudit Advisor
SAP Business Objects
SAP BusinessObjects Data Integrator
FileMaker Pro
Blackbaud The Financial Edge
SAP
FlexiFinancials FlexiLedger
Oracle Hyperion
Paisley IssueTrack
Tumbleweed SecureTransport
ComputerEase
Oracle PeopleSoft
Cartesis ES Magnitude
Sage 100 Contractor
Infor Global Solutions Starbuilder
Microsoft Excel
HCSS HeavyBid
Microsoft Access
ADP Pay eXpert
Data entry software
Microsoft Outlook
LexisNexis
BLS Software Invoice!
Heron CrossTie General Ledger
Corporate Responsibility System Technologies Limited CRSTL Compliance Positioning System
Cost accounting software
Accounts receivable software
AuditWare
RSM McGladrey Advanced Practice Solutions Paperless Audit
SAP Crystal Reports
American HealthTech Financial
Spreadsheet software
ACS Technologies ACS Financial Suite
Medical procedure coding software
Intuit QuickBooks
Accutrac Records Management Software
ATX Total Accounting Office
Payroll software
Softrax Revenue Management
OmniRIM Records Management Suite
Microsoft Dynamics
CCIS AccountAbility
Financial compliance software
FLS eDP.Payrolltax
Accurate NXG
Activant Solutions Activant Prophet 21
Microsoft Word
Healthcare common procedure coding system HCPCS
Microsoft PowerPoint
IBM Notes
Oracle E-Business Suite Financials
Yardi
New Millennium Communications Genesis Accounting
PROPHIX Enterprise
Paisley AutoAudit
Financial reporting software