Accounting Specialist Salary

Those pursuing careers as Accounting Specialists in the United States may have to make do with less; average incomes for people in this area hover around only $42K per year. Overall cash earnings for Accounting Specialists stretch from $30K on the lower end to $54K near the top, and the heftiest packages can encompass around $5K from bonuses and $5K from profit sharing. Residence and experience level each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. The vast majority (81 percent) of Accounting Specialists who took the survey are female. The majority of workers are highly satisfied with their job. This report is based on answers to PayScale's salary questionnaire.
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$31,194 - $57,731
(Median)
$31K
$42K
$58K
MEDIAN: $41,610
10%
50%
90%

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$13.33 - $22.28
(Median)
$13
$17
$22
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Salary
$31,194 - $57,731  
   
Bonus
$0.00 - $4,928  
Profit Sharing
$494.93 - $5,381  
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).
)
$29,811 - $54,000  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,215
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$13.33 - $22.28  
   
Overtime
$19.28 - $33.93  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $4,928  
   
Profit Sharing
$494.93 - $5,381  
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).
)
$29,811 - $54,000  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,153
United States (change)

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Job Description for Accounting Specialist

  • Processes documents related to expenses, such as checks.
  • Contribute to maintenance of accounting data and provide support as needed to accounting department.
  • Manage various forms of accounting data, such as that related to accounts payable and accounts receivable.

Common Career Paths for Accounting Specialist


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At the upper end, Accounting Specialists who move into an Assistant Controller role can end up with a hefty increase in pay. The average income for Assistant Controllers is a much higher $64K per year. Career advancement for the typical Accounting Specialist often leads to becoming a Staff Accountant or an Accounting Manager; median salaries in these positions are $4K higher and $20K higher, respectively.

Accounting Specialist Job Listings

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Popular Skills for Accounting Specialist


Survey respondents exploit a significant toolbox of skills in their work. Most notably, facility with Month-End Close, SAP SAP Financial Accounting and Controlling (SAP FICO), and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 27 percent, 9 percent, and 3 percent, respectively. Most people skilled in Accounts Payable are similarly competent in Microsoft Excel and Financial Reporting.

Pay by Experience Level for Accounting Specialist

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


Salaries of relatively inexperienced workers fall in the neighborhood of $37K, but folks who have racked up five to 10 years see a notably higher median of $40K. Accounting Specialists see a median salary of $42K after reaching one to two decades on the job. Individuals who have achieved more than 20 years of experience don't seem to earn any more than people who have 10 to 20 years under their belts.

Pay Difference by Location


Home to some of the best pay for Accounting Specialists, Chicago offers exceptional salaries, 22 percent above the national average. Accounting Specialists will also find cushy salaries in Denver (+14 percent), San Diego (+11 percent), Seattle (+9 percent), and Dallas (+9 percent). Orlando ranks last in the field for pay, reporting salaries 12 percent below the national average. Workers in Indianapolis and San Antonio earn salaries that trail the national average for those in this profession (9 percent less and 7 percent less, respectively).

Accounting Specialist Reviews

What is it like working as an Accounting Specialist?

Accounting Specialist in Goleta:
"Fast paced work. Learn a lot in a very short time."
Pros: Very casual dress code. Four minute drive from home. My manager is very helpful and supportive.
Cons: It does not require a college degree. I need a job that honors my education.

Related Job Salaries

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Experience Affects Accounting Specialist Salaries




National Average
$40,000


Skills That Affect Accounting Specialist Salaries

Month-End Close
up arrow 27%


Financial Reporting
up arrow 3%

General Ledger Accounting
up arrow 3%

Payroll Administration
up arrow 3%

Financial Analysis
up arrow 3%

Accounting
up arrow 3%

Accounts Receivable
0%

Microsoft Office
0%

Quickbooks
0%

Bookkeeping
0%

National Average
$40,000

Accounts Payable
up arrow 1%

Microsoft Excel
up arrow 1%

Billing
up arrow 1%

Customer Service
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 478 votes.

Gender

Female
81 %
Male
19 %

Years of Experience

Less than 1 year
3%
1-4 years
34%
5-9 years
20%
10-19 years
26%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 73%
vision benefits Vision: 57% employee benefits None: 14%
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