Accounting Associates in the United States can expect wages of $44K annually on average. Total cash compensation to Accounting Associates approaches anywhere from $29K on the lower end to $55K on the higher end; in exceptional cases, this can include more than $5K from bonuses and upwards of $2K from profit sharing. The most influential factor affecting pay for this group is the particular firm, though geography and years of experience have a (lesser) impact as well. Most report receiving medical coverage from their employers and the greater part collect dental insurance. The majority of Accounting Associates claim high levels of job satisfaction. Most Accounting Associates survey respondents are women (78 percent). The data in this summary comes from the PayScale salary survey.
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$32,611 - $58,037
(Median)
$33K
$44K
$58K
MEDIAN: $43,533
10%
50%
90%

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$11.78 - $22.28
(Median)
$12
$17
$22
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$20K$40K$60K
Salary
$32,611 - $58,037  
   
Bonus
$504 - $5,080  
Profit Sharing
$100.67 - $2,483  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$28,741 - $54,622  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 668
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$11.78 - $22.28  
   
Overtime
$19.98 - $34.22  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$504 - $5,080  
   
Profit Sharing
$100.67 - $2,483  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$28,741 - $54,622  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 540
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Job Description for Accounting Associate

Accounting associates are responsible for providing assistance to top-level accountants within a company, as well auditors and other finance employees. This position also requires bookkeeping and other accounting duties.

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Accounting Associate Tasks

  • Process, record, and pay invoices, bills, and other transactions.
  • Record fiscal transactions, balancing and reconciling accounts.
  • Assist accountants and auditors with bookkeeping, clerical duties, and managing accounts.
  • Resolve outstanding payments through communication with departments, vendors, and clients.

Common Career Paths for Accounting Associate


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Accounting Associates' salaries may rise greatly for those who assume a higher-end position such as an Accounting Manager. The average Accounting Manager brings home $61K per year. Career advancement for the typical Accounting Associate often leads to becoming a Staff Accountant or an Accountant; median salaries in these positions are $4K higher and $4K higher, respectively.

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Popular Employer Salaries for Accounting Associate


Wal-Mart Stores, Inc offers the lowest pay in the industry by far, with a median salary less than half of the top paying company's rate ($25K).

Popular Skills for Accounting Associate


Accounting Associates seem to wield many skills on the job. Most notably, skills in Accounting, Financial Analysis, Auditing, and Financial Reporting are correlated to pay that is above average, with boosts between 9 percent and 15 percent. Those proficient in Accounts Payable are, more often than not, also skilled in Microsoft Excel.

Pay by Experience Level for Accounting Associate

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Accounting Associates with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Folks with fewer than five years of experience take home $40K on average, and those who have worked for five to 10 years see a bigger median salary of $40K. People with 10 to 20 years of experience make an average of about $41K in this role. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $42K.

Pay Difference by Location

National Average: $40,187

Larger city markers indicate a job is popular in that location.

Boston offers some of the highest pay in the country for Accounting Associates, 28 percent above the national average. Accounting Associates can also look forward to large paychecks in cities like New York (+28 percent), Chicago (+25 percent), San Francisco (+24 percent), and Denver (+18 percent). Trailing the national average by 9 percent, Indianapolis is the market with the smallest paychecks. A couple other locations with smaller-than-average paychecks include Tampa (6 percent lower) and Austin (5 percent lower).

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Experience Affects Accounting Associate Salaries




National Average
$40,000


Skills That Affect Accounting Associate Salaries

Accounting
up arrow 15%





General Ledger Accounting
up arrow 4%

Reconciliation
up arrow 4%

Bookkeeping
up arrow 4%

Microsoft Excel
up arrow 1%

Payroll Administration
0%

National Average
$40,000

Accounts Payable
up arrow 1%

Microsoft Office
up arrow 1%

Quickbooks
up arrow 1%

Accounts Receivable
up arrow 2%

Month-End Close
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 159 votes.

Gender

Female
78 %
Male
22 %

Years of Experience

Less than 1 year
10%
1-4 years
46%
5-9 years
18%
10-19 years
18%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 69%
medical benefits
Vision: 57%
dental benefits
None: 16%
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