The average salary for an Accounting Associate is $46,468.
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What Do Accounting Associates Do?
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.
Accounting associates may have a number of bookkeeping tasks, such as data entry, preparing accounting reports, and reconciling accounts. They typically work during regular business hours and must be able to work well with others, especially clients. In-depth knowledge of accou…Read more
Accounting Associate Tasks
- Assist accountants and auditors with bookkeeping, clerical duties, and managing accounts.
- Resolve outstanding payments through communication with departments, vendors, and clients.
- Process, record, and pay invoices, bills, and other transactions.
- Record fiscal transactions, balancing and reconciling accounts.
Job Satisfaction for Accounting Associate
Popular Employer Salaries for Accounting Associate
The top respondents for the job title Accounting Associate are from the companies Jones Lang LaSalle, Guggenheim Partners and KPMG, LLP. Reported salaries are highest at PricewaterhouseCoopers where the average pay is $60,984. Other companies that offer high salaries for this role include KPMG, LLP and Jones Lang LaSalle, earning around $56,982 and $53,381, respectively. Pen-Link, Ltd. pays the lowest at around $33,963. Packaging Corporation of America and Guggenheim Partners also pay on the lower end of the scale, paying $45,882 and $50,881, respectively.
Accounting Associate Job Listings
What Are Popular Skills for Accounting Associates?
Skills in Microsoft Excel, Reconciliation and General Ledger Accounting are correlated to pay that is above average. Skills that pay less than market rate include Accounts Receivable and Accounts Payable.
What is the Pay by Experience Level for Accounting Associates?
An entry-level Accounting Associate with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $45,914 based on 199 salaries. An early career Accounting Associate with 1-4 years of experience earns an average total compensation of $45,892 based on 1,095 salaries. A mid-career Accounting Associate with 5-9 years of experience earns an average total compensation of $47,016 based on 344 salaries. An experienced Accounting Associate with 10-19 years of experience earns an average total compensation of $46,011 based on 349 salaries. In their late career (20 years and higher), employees earn an average total compensation of $46,604.
Pay Difference by Location
Employees with Accounting Associate in their job title in New York, New York earn an average of 19.4% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (14.1% more) and Chicago, Illinois (5.3% more). The lowest salaries can be found in Austin, Texas (4.2% less).
Years of Experience
This data is based on 2,192 survey responses.