$48,460
Avg. Salary
$19.87
Avg. Hourly Rate

Average additional compensation:

$1,990

Bonus

$1,500

Profit Sharing

What am I worth?
How should I pay?

The average pay for an Associate Accountant is $19.87 per hour.

The average pay for an Associate Accountant is $48,460 per year.

10%
$15.12
10%
$19.87
50%
$25.96
90%
90%
MEDIAN $19.87
10%
$38k
10%
$48k
50%
$62k
90%
90%
MEDIAN $48,460
$38,480 - $61,700
$38K
$48K
$62K
MEDIAN: $48,460
10%
50%
90%

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$15.12 - $25.96
$15
$20
$26
MEDIAN: $19.87
10%
50%
90%

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$0$61K
Salary $38,480 - $61,700
Bonus $494 - $5,082
Profit Sharing $250 - $8,125
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).
)
$35,415 - $61,771
  • Country: United States
  • Currency: USD
  • Updated: 17 May 2019
  • Individuals Reporting: 396
Hourly Data $0$38
Hourly Rate $15.12 - $25.96
Overtime $24.89 - $38.86
Annual Data $0$61K
Bonus $494 - $5,082
Profit Sharing $250 - $8,125
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).
)
$35,415 - $61,771
  • Country: United States
  • Currency: USD
  • Updated: 17 May 2019
  • Individuals Reporting: 140

Job Description for Associate Accountant

An associate accountant is primarily responsible for managing the accounts payable processes of the company, including payments on vendor invoices, audits and requests for funds from other departments of the company, and recordkeeping pertaining to accounts; these records can include reconciliation of accounts, journal entries, receipts, and lockbox logs. Additionally, associate accountants review reports from other employees to ensure that they are accurate and complete. Associate accountants generally work full time in an office environment and are not required to travel. Associate accountants often report directly to a general accountant, and they may be required to perform additional tasks as requested by the general accountant or other managers.

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Common Career Paths for Associate Accountant


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Associate Accountants may experience a large salary bump if they progress into a role such as Senior Financial Analyst. The latter position pays an average of $76K annually. The most common career progression for Associate Accountants leads to becoming a Senior Accountant, where average pay is $60K annually. However, many Associate Accountants also opt to become Staff Accountants. Typically, a Staff Accountant brings home $44K.

Associate Accountant Job Listings

Popular Skills for Associate Accountant


Associate Accountants report using a wide range of professional skills. Most notably, skills in General Ledger Accounting, Financial Reporting, Tax Preparation, and Accounts Payable are correlated to pay that is above average. At the other end of the pay range are skills like Accounting and Auditing. The majority of those who know Accounts Payable also know Accounts Receivable.

Pay by Experience Level for Associate Accountant

Pay by Experience for an Associate Accountant has a positive trend. An entry-level Associate Accountant with less than 5 years of experience can expect to earn an average total compensation of $47,000 based on 214 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Associate Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $46,000 based on 47 salaries. An experienced Associate Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $49,000 based on 36 salaries. An Associate Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $55,000 based on 14 salaries.

Pay Difference by Location

16%

7%

-2%

National Average: $47,915

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

Associate Accountants will find that Albany offers an impressive pay rate, one which exceeds the national average by 46 percent. Associate Accountants can also look forward to large paychecks in cities like New York (+24 percent), Los Angeles (+24 percent), Boston (+18 percent), and Austin (+12 percent). Those in the field find the lowest salaries in Milwaukee, 3 percent below the national average.

Associate Accountant Reviews

Q: What is it like working as an Associate Accountant?

Associate Accountant in Boston:
"Underpaid."
Pros: Love the city
Cons: In winter i hate the strong wind of Boston. Otherwise working in Boston is great.

Related Job Salaries

Key Stats for Associate Accountant

Gender

Female
61 %
Male
39 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 79 votes.
Less than 1 year
13%
1-4 years
60%
5-9 years
13%
10-19 years
9%
20 years or more
6%

Experience Affects Associate Accountant Salaries

▲15%

▲2%

National Average
$48,000

▼3%

▼4%

Skills That Affect Associate Accountant Salaries



National Average
$48,000

Tax Preparation
▼1%

Microsoft Excel
▼2%

Accounts Payable
▼2%


Financial Analysis
▼2%

Auditing
▼5%

Accounting
▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 79 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
13%
1-4 years
60%
5-9 years
13%
10-19 years
9%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 77%
vision benefits
Vision: 67%
no benefits
None: 15%