Accounting Associate Salary

Median pay for Accounting Associates in the United States is around $43K annually. The specific employer is the main element affecting pay for this group — geography and experience level are driving factors as well. Most workers in this position report high levels of job satisfaction. Men are in the minority of survey respondents, with female Accounting Associates making up 77 percent. Medical benefits are awarded to most, and a strong majority earn dental coverage. This overview is based on answers to PayScale's salary questionnaire.
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$32,749 - $57,983
$33K
$44K
$58K
MEDIAN: $43,766
10%
50%
90%

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$12.24 - $22.50
$12
$17
$22
MEDIAN: $16.85
10%
50%
90%

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$0$57K
Salary $32,749 - $57,983
Bonus $509 - $5,175
Profit Sharing $1,008
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).
)
$29,345 - $55,125
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 655
Hourly Data $0$35
Hourly Rate $12.24 - $22.50
Overtime $20.70 - $35.46
Annual Data $0$55K
Bonus $509 - $5,175
Profit Sharing $1,008
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).
)
$29,345 - $55,125
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 557

Find Out Exactly What You Should Be Paid

United States (change)

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

  • 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.

Common Career Paths for Accounting Associate


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Accounting Associates who go on to become Senior Financial Analysts may see their salaries climb quite a bit. Median pay for Senior Financial Analysts is $76K annually. Career advancement for the typical Accounting Associate often leads to becoming a Staff Accountant or an Accounting Manager; median salaries in these positions are $4K higher and $21K higher, respectively.

Accounting Associate Job Listings

Popular Employer Salaries for Accounting Associate


The lowest pay by far can be found at Wal-Mart Stores, Inc — this employer offers a median salary of $25K, less than half of the top paying company's rate.

Popular Skills for Accounting Associate


Accounting Associates seem to require a rather large skill set. Most notably, skills in Accounting, Financial Analysis, Auditing, and Financial Reporting are correlated to pay that is above average, with boosts between 10 percent and 16 percent. Those educated in Accounts Payable tend to be well versed in Microsoft Excel.

Pay by Experience Level for Accounting Associate

Pay by Experience for an Accounting Associate has a positive trend. An entry-level Accounting Associate with less than 5 years of experience can expect to earn an average total compensation of $40,000 based on 703 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounting Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $40,000 based on 262 salaries. An experienced Accounting Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 257 salaries. An Accounting Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $41,000 based on 93 salaries.

Pay Difference by Location

National Average: $40,438

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

Surpassing the national average by 28 percent, Accounting Associates in Boston receive some of the highest pay in the country. Accounting Associates can also look forward to large paychecks in cities like San Francisco (+24 percent), Chicago (+21 percent), New York (+17 percent), and Denver (+12 percent). Redmond is home to the smallest salaries in the field, lagging the national average by 19 percent. Employers in Tampa and Indianapolis also lean toward paying below-median salaries (6 percent lower and 5 percent lower, respectively).

Related Job Salaries

Key Stats for Accounting Associate

Gender

Female
76 %
Male
24 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 219 votes.
Less than 1 year
9%
1-4 years
49%
5-9 years
17%
10-19 years
17%
20 years or more
8%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Accounting Associate Salaries

▲3%

▲1%

National Average
$40,000

▼1%

▼2%

Skills That Affect Accounting Associate Salaries

▲16%


▲9%





▲3%


Payroll Administration
▼0%

National Average
$40,000

Microsoft Office
▼1%

▼1%



Month-End Close
▼3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 219 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
9%
1-4 years
49%
5-9 years
17%
10-19 years
17%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 70%
vision benefits
Vision: 58%
no benefits
None: 18%
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