Bookkeeper Head Salary
Median pay for Bookkeeper Heads in the United States lies in the neighborhood of $16.75 per hour. Geography and career length each impact pay for this group, with the former having the largest influence. Bookkeeper Heads who responded to the questionnaire are largely women, dominating at 89 percent. Work is enjoyable for Bookkeeper Heads, who typically claim high levels of job satisfaction. A little over a half of professionals in this line of work do not receive benefits; however, just under a half report medical coverage and slightly less than a third claim dental coverage as well. The data for this synopsis comes from respondents who took the PayScale salary survey.
Job Description for Bookkeeper Head
Head bookeepers are needed in every industry in order to manage the accounting duties of a company. Some companies will prefer bookkeepers that have experience in the specific field, such as real estate or construction. The head bookkeeper will carry out general accounting duties, such as accounts payable and accounts receivable. The head bookkeeper is also usually in charge of payroll. The bookkeeper should make sure that all payments to employees are issued in a timely manner. The payments should also be accurate and account for adjustments such as overtime and leave.Read More...
Another area of focus may be taxes. The bookkeeper will have to gather all information needed for taxes and then file the taxes in a complete and correct manner. The bookkeeper may have to carry out internal audits in order to make sure that the company is adhering to company financial guidelines and also to tax reporting laws and regulations. This is especially important when discrepancies are noted, so that problems can be detected before much damage occurs.
The head bookkeeper may be expected to have advanced computer skills in order to be able to operate Quickbooks, Microsoft Office, and automated systems in order to make the job more efficient. Bookkeeping requires a large amount of multitasking, so it is important to be an individual who is detail-oriented and who can adhere to time constraints. This may also be a management position, so many years of experience in the field along with leadership experience may need to be demonstrated. Generally, a bachelor's degree in a related field is required.
Common Career Paths for Bookkeeper Head
Bookkeeper Heads who transition into a Financial Controller role may receive large pay increases as the latter position pays an average $77K per year. The most common career progression for Bookkeeper Heads leads to becoming a Full Charge Bookkeeper, where pay is typically $39K. However, many Bookkeeper Heads also opt to become Accountants, a position that pays $44K on average.
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Popular Skills for Bookkeeper Head
Survey results suggest that Bookkeeper Heads put a wide range of professional skills to use. Most notably, skills in Microsoft Excel, Payroll Tax Compliance, Payroll Administration, and Quickbooks are correlated to pay that is above average. Most people familiar with Accounts Payable also know Bookkeeping.
Pay by Experience Level for Bookkeeper Head
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Bookkeeper Heads with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Workers in their first five years can expect to earn $32K, but people who have been around for five to 10 years earn a noticeably bigger sum of $39K. For Bookkeeper Heads, 10 to 20 years of experience on the job amounts to an average salary of $41K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $42K.