Browse Categories

Junior Accountant Salary

Junior Accountants in the United States can expect only a modest salary, with average pay of just $41K per year. Total cash compensation to Junior Accountants approaches anywhere from $30K on the lower end to $52K on the higher end; in exceptional cases, this can include more than $4K from bonuses and upwards of $5K from profit sharing. Location 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 more than half collect dental insurance. More than half of Junior Accountants (69 percent) survey participants are women. For the most part, Junior Accountants enjoy their work and report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
Read More
$31,886 - $51,851
(Median)
$32K
$41K
$52K
MEDIAN: $40,724
10%
50%
90%

Add this chart to your site: 640px    300px

$12.94 - $21.86
(Median)
$13
$18
$22
MEDIAN: $17.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$18K$36K$54K
Salary
$31,886 - $51,851  
   
Bonus
$0.00 - $4,115  
Profit Sharing
$-0.50 - $4,894  
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).
)
$30,235 - $51,880  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 719
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$11$22$33
Hourly Rate
$12.94 - $21.86  
   
Overtime
$17.52 - $32.49  
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$22K$44K$66K
Bonus
$0.00 - $4,115  
   
Profit Sharing
$-0.50 - $4,894  
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).
)
$30,235 - $51,880  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 357
United States (change)

Job Description for Junior Accountant

Junior accountants provide a vital service to various companies by accurately recording corporate finances. Typical daily job duties include reconciling company bank accounts, balancing financial records and preparing monthly reports. They generally work with a team of other accountants and report to a senior accountant. The level of confidentiality and discretion required of junior accountants is great because they work with private company information and are given access to secure accounts.

Read More...

Junior Accountant Tasks

  • Create and maintain payroll budgets, update vendor information, and confirm expense vouchers.
  • Match large batches of invoices and maintain the accuracy of employee timesheets.
  • Assist with or conduct fixed asset audits as necessary.
  • Maintain general ledger and oversee all day to day financial transactions.
  • Assess data to ensure that proper accounting practices have been following.

Common Career Paths for Junior Accountant


Add this chart to your site:   640px 640px    300px 300px


Though it's uncommon, some Junior Accountants move into roles as Accounting Managers, where pay is an average $59K per year. Career advancement for the typical Junior Accountant often leads to becoming a Staff Accountant or a Senior Accountant; median salaries in these positions are $3K higher and $18K higher, respectively.

Junior Accountant Job Listings

Search for more jobs:

Popular Skills for Junior Accountant


Survey results imply that Junior Accountants deploy a deep pool of skills on the job. Most notably, skills in Financial Analysis, Auditing, Tax Preparation, and Payroll Tax Compliance are correlated to pay that is above average, with boosts between 3 percent and 5 percent. For most people, competency in Accounts Payable indicates knowledge of Microsoft Excel and Financial Reporting.

Pay by Experience Level for Junior Accountant

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


Junior Accountants do not generally earn higher incomes from more experience in the field. Although individuals who have less than five years' experience earn $39K on average, people with five to 10 years benefit from a notably larger average of $43K. Junior Accountants bring in $44K after working for 10 to 20 years. Veterans who have acquired more than 20 years report a median income of $46K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location


San Francisco is home to an above-average pay rate for Junior Accountants, 21 percent higher than the national average. Junior Accountants will also find cushy salaries in Washington (+13 percent), San Diego (+12 percent), Los Angeles (+11 percent), and New York (+8 percent). Atlanta is home to the smallest salaries in the field, lagging the national average by 6 percent. Employers in Miami and Seattle also lean toward paying below-median salaries (5 percent less).

Related Job Salaries

Experience Affects Junior Accountant Salaries




National Average
$40,000


Skills That Affect Junior Accountant Salaries


Auditing
up arrow 5%

Tax Preparation
up arrow 3%

Payroll Tax Compliance
up arrow 3%

Financial Reporting
up arrow 2%

Microsoft Excel
up arrow 1%

Accounts Receivable
0%

General Ledger Accounting
0%

Sales Tax Reports
0%

National Average
$40,000

Microsoft Office
up arrow 1%

Payroll Administration
up arrow 1%

Accounts Payable
up arrow 2%

Bookkeeping
up arrow 2%

Quickbooks
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 174 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
15%
1-4 years
57%
5-9 years
17%
10-19 years
8%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 81% dental benefits Dental: 66%
vision benefits Vision: 51% employee benefits None: 16%