Ledger Verification Clerk in Oregon Career Overview

As a Ledger Verification Clerk, you play a vital role in maintaining the accuracy and integrity of financial data within an organization. Your responsibilities primarily involve reviewing and verifying financial entries in accounting ledgers and ensuring that all transactions are correctly recorded. This role is key in preventing discrepancies that can lead to financial misstatements or errors.

Your daily tasks may include:

  • Reconciling bank statements against company records to ensure consistency.
  • Identifying and correcting errors in financial documentation before submission to higher management or auditors.
  • Collaborating with accounting teams to streamline processes and improve overall data management.
  • Preparing detailed reports that highlight any inconsistencies or findings related to ledger entries.

The significance of your position extends beyond mere data entry; you serve as a front-line defense in safeguarding the financial health of the organization. By ensuring that all ledgers are correctly maintained, you help support informed decision-making and compliance with regulations. Your attention to detail and methodical approach contribute to the overall financial accuracy and credibility of the organization, allowing it to operate effectively in a competitive industry.

Ledger Verification Clerk Salary in Oregon

Annual Median: $48,170
Hourly Median: $23.16

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Required Education To Become a Ledger Verification Clerk in Oregon

To pursue a career as a Ledger Verification Clerk in Oregon, you will need specific educational credentials and training. Here are the qualifications you should consider:

  • Associate Degree in Accounting: Many employers prefer candidates with an associate degree in accounting, which provides foundational knowledge of financial principles, bookkeeping, and ledger management.

  • Bachelor's Degree in Accounting or Accounting and Business Management: While not always required, obtaining a bachelor's degree can enhance your job prospects. Programs focused on accounting and business management offer a broader insight into business operations alongside financial reporting.

  • Certificate in Accounting Technology or Bookkeeping: For those looking to enter the field more quickly, certificate programs in accounting technology or bookkeeping can provide the necessary skills and knowledge in a shorter timeframe. These programs typically include coursework in software applications, payroll, and fundamental accounting principles.

  • Courses in Auditing: Knowledge of auditing principles can be beneficial. Taking courses related to auditing can prepare you for more specialized tasks within the realm of ledger verification.

  • Bookkeeping Classes: Enrolling in bookkeeping classes can give you a strong grounding in the procedures and practices necessary for maintaining accurate financial records.

You may also want to consider additional training opportunities, like workshops or seminars, that focus on advanced accounting software, as these can be attractive to potential employers.

Best Schools to become a Ledger Verification Clerk in Oregon 2024

#1Salt Lake County

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935
#2Merrimack County

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091
#3Broward County

Broward College

Fort Lauderdale, FL

In-State Tuition:$1,968
Out-of-State Tuition:$7,402
Admission Rate:N/A
Graduation Rate:35%
Total Enrollment:30,057
#4New York County

CUNY Bernard M Baruch College

New York, NY

In-State Tuition:$6,930
Out-of-State Tuition:$14,880
Admission Rate:50%
Graduation Rate:74%
Total Enrollment:19,854
#5Marion County

Ivy Tech Community College

Indianapolis, IN

In-State Tuition:$4,487
Out-of-State Tuition:$8,777
Admission Rate:N/A
Graduation Rate:31%
Total Enrollment:89,705
#6Maricopa County

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891
Ledger Verification Clerk 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.

Ledger Verification Clerk Required Skills and Competencies in Oregon

  • Attention to Detail: Your ability to spot discrepancies in financial records is essential. Precision ensures the integrity of the financial data you manage.

  • Analytical Skills: You will need to analyze financial documents and transaction records. Strong analytical skills enable you to identify trends and inconsistencies, helping with overall financial accuracy.

  • Problem-Solving Abilities: Addressing issues that arise during ledger verification requires a methodical approach. You should be able to identify potential problems and propose effective solutions.

  • Organizational Skills: Efficiently managing numerous financial records and documents is critical. Strong organizational skills help you maintain accurate and easily accessible records.

  • Communication Skills: Clear communication with colleagues, clients, and other stakeholders is necessary. You must explain discrepancies and collaborate with others to resolve accounting issues.

  • Technical Proficiency: Familiarity with accounting software and databases is essential. Proficiency in spreadsheet applications and financial management tools will support your daily tasks.

  • Time Management: You will often be required to meet tight deadlines. Effective time management ensures that you can complete your tasks efficiently without compromising on quality.

  • Mathematical Skills: A solid grasp of basic mathematics and accounting principles is necessary. Your ability to perform calculations accurately underpins all aspects of ledger verification.

  • Ethical Judgment: Integrity and professionalism are critical when handling financial data. You should possess a strong sense of ethics to maintain trust and confidentiality in your work.

  • Adaptability: The ability to adjust to changing regulations or technologies in the financial sector will enhance your effectiveness as a Ledger Verification Clerk. Being flexible will allow you to remain efficient in a dynamic work environment.

Job Duties for Ledger Verification Clerks

  • Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.

  • Comply with federal, state, and company policies, procedures, and regulations.

  • Operate computers programmed with accounting software to record, store, and analyze information.

Technologies and Skills Used by Ledger Verification Clerks

Accounting software

  • Intuit QuickBooks
  • Sage 50 Accounting

Cloud-based data access and sharing software

  • Dropbox
  • Microsoft SharePoint

Enterprise resource planning ERP software

  • Microsoft Dynamics
  • SAP software

Basic Skills

  • Listening to others, not interrupting, and asking good questions
  • Using math to solve problems

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Job Market and Opportunities for Ledger Verification Clerk in Oregon

The job market for Ledger Verification Clerks in Oregon currently reflects a steady demand in various sectors, primarily due to the increasing complexity of financial transactions and the need for precise record-keeping. You will find several key aspects shaping this job market:

  • Demand for Ledger Verification Clerks: Companies across different industries, including finance, healthcare, and retail, seek skilled Ledger Verification Clerks. Your role in ensuring accuracy in financial records is essential for maintaining compliance and supporting strategic decision-making.

  • Growth Potential: The Bureau of Labor Statistics indicates a gradual growth trend in positions related to bookkeeping and accounting, which includes Ledger Verification Clerks. As businesses expand and embrace more technology-driven solutions, there may be opportunities for those who are adaptable and willing to learn new software systems and financial practices.

  • Geographical Hotspots: Certain areas in Oregon are more prominent for job opportunities. Cities such as Portland and Salem have a higher concentration of businesses that require financial and clerical expertise. The local economy's diversification means that Ledger Verification Clerks are needed in various sectors, providing robust chances to find employment.

  • Industry Variability: You may notice differences in demand based on industry. For example, the health services and technology sectors show significant demand growth as they scale operations and require meticulous financial practices. Therefore, tailoring your search towards these industries may yield more opportunities.

  • Networking and Professional Organizations: Engaging with local business networking events or joining professional organizations such as the Oregon Society of Certified Public Accountants can provide insights into job openings and industry trends. These connections can also lead to potential job leads and recommendations.

As you consider your place in the job market as a Ledger Verification Clerk in Oregon, understanding these dynamics will aid you in navigating potential opportunities effectively.

Top Related Careers to Ledger Verification Clerk 2024

Financial Records Specialist
Payroll Processing Clerk
Billing and Invoicing Specialist
Financial Data Entry Clerk

Additional Resources To Help You Become a Ledger Verification Clerk in Oregon

  • American Institute of Professional Bookkeepers (AIPB)
    This organization provides certification and resources aimed at enhancing the skills of bookkeepers and ledger verification clerks.
    Visit AIPB

  • National Association of Certified Public Bookkeepers (NACPB)
    The NACPB offers various certification programs and training that can benefit your career.
    Visit NACPB

  • U.S. Bureau of Labor Statistics (BLS) - Accountants and Auditors
    The BLS provides statistics and insights into job outlook, salary, and responsibilities relevant to ledger verification and accounting professions.
    Visit BLS

  • AccountingCoach
    An online resource with articles, quizzes, and detailed explanations of accounting concepts that are fundamental to ledger verification.
    Visit AccountingCoach

  • LinkedIn Learning
    Offers a range of online courses and certifications in accounting and bookkeeping, which can enhance your qualifications as a ledger verification clerk.
    Visit LinkedIn Learning

  • Oregon Society of Certified Public Accountants (OSCPA)
    A professional organization that offers networking opportunities, resources, and continuing education for accounting professionals in Oregon.
    Visit OSCPA

  • Intuit QuickBooks Learning Center
    Access tutorials and resources about QuickBooks, which is commonly used by ledger verification clerks for financial management.
    Visit QuickBooks Learning Center

  • Coursera
    Offers courses from accredited institutions in accounting and finance, which can strengthen your expertise in ledger verification.
    Visit Coursera

  • EdX
    Another online platform providing a variety of courses related to accounting and finance from leading universities.
    Visit EdX

  • Bookkeeping Basics: A Practical Guide for Young Adults
    This publication is targeted at entry-level bookkeeping and ledger verification skills and can serve as a good starting point.
    Purchase on Amazon

Utilizing these resources will help you build the necessary skills and keep up with industry standards, enhancing your career as a Ledger Verification Clerk in Oregon.

Frequently Asked Questions (FAQs) About Ledger Verification Clerk in Oregon

  • What is a Ledger Verification Clerk?
    A Ledger Verification Clerk is responsible for ensuring the accuracy and integrity of financial records. This role involves verifying ledger entries, reconciling accounts, and maintaining accurate financial documentation.

  • What qualifications do I need to become a Ledger Verification Clerk in Oregon?
    Typically, a high school diploma or equivalent is required. Many employers prefer candidates with post-secondary education in accounting or finance. Proficiency in accounting software and strong attention to detail are also essential.

  • What skills are important for a Ledger Verification Clerk?
    Key skills include:

    • Strong analytical and numerical abilities
    • Attention to detail
    • Proficiency in accounting software
    • Good communication skills
    • Time management and organizational skills

  • What are the typical job responsibilities of a Ledger Verification Clerk?
    Responsibilities usually include:

    • Reviewing and verifying financial entries
    • Performing reconciliations of accounts
    • Assisting with audits
    • Maintaining accurate records of transactions
    • Preparing financial reports when required

  • What is the average salary for a Ledger Verification Clerk in Oregon?
    As of the latest data, the average salary for a Ledger Verification Clerk in Oregon ranges from $40,000 to $55,000 per year, depending on experience and location within the state.

  • Are there opportunities for advancement in this career?
    Yes, there are opportunities for advancement. With experience, you can progress to more senior positions such as Senior Accountant, Financial Analyst, or Accounting Manager.

  • What companies hire Ledger Verification Clerks in Oregon?
    Various organizations ranging from accounting firms to large corporations and government agencies hire Ledger Verification Clerks. Look for opportunities in sectors such as finance, healthcare, retail, and manufacturing.

  • Is certification required to work as a Ledger Verification Clerk?
    Certification is not typically required, but obtaining certifications such as the Certified Bookkeeper (CB) designation can enhance your qualifications and job prospects.

  • What is the job outlook for Ledger Verification Clerks in Oregon?
    The job outlook is generally positive, driven by the need for skilled financial professionals in various industries. As businesses expand and regulations evolve, the demand for accurate financial reporting remains strong.

  • How can I find job openings for Ledger Verification Clerks in Oregon?
    You can find job openings through various channels including online job boards, company websites, LinkedIn, and local employment agencies. Networking within the finance and accounting community can also be beneficial.