Entry-level Staff Accountant Salary

Entry-level Staff Accountants aren't exactly in the most profitable line of business; these folks earn a belt-tightening average of $42K annually. Total cash earnings of Entry-level Staff Accountants range from $29K on the low end to $53K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $5K and $3K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by career duration. Most Entry-level Staff Accountants report high levels of job satisfaction. The majority of Entry-level Staff Accountants (67 percent) who took the survey are female. Health benefits are not enjoyed by everyone in this line of work, and slightly less than a fourth lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by the larger part. This overview is based on answers to PayScale's salary questionnaire.
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$32,912 - $55,929
$33K
$42K
$56K
MEDIAN: $42,382
10%
50%
90%

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$11.82 - $21.03
$12
$16
$21
MEDIAN: $16.39
10%
50%
90%

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$0$55K
Salary $32,912 - $55,929
Bonus $0.00 - $4,885
Profit Sharing $0.00 - $2,589
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).
)
$29,468 - $54,267
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 497
Hourly Data $0$32
Hourly Rate $11.82 - $21.03
Overtime $17.07 - $32.31
Annual Data $0$54K
Bonus $0.00 - $4,885
Profit Sharing $0.00 - $2,589
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).
)
$29,468 - $54,267
  • Country: United States
  • Currency: USD
  • Updated: 14 Oct 2017
  • Individuals Reporting: 267

Job Description for Entry-level Staff Accountant

An entry-level staff accountant works in the financial industry. Somebody in this type of position will have a variety of different duties that they must perform on a day to day basis. Every company that needs a person in this type of position is different, though they all need somebody to look over their finances and to assist with auditing and taxes. Some companies may require more duties of their entry-level staff accountants, depending on what the company needs.

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Entry-level Staff Accountant Tasks

  • Prepare financial reports for staff accountants or accounting managers to analyze and use for decision making.
  • Assist with the preparation and development of key financial reports.
  • Work with other financial and organizational staff to assure compliance with internal and external accounting practices.

Common Career Paths for Entry-level Staff Accountant


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Though not the most common occurrence, Entry-level Staff Accountants sometimes become Auditing Managers, where the average income is $84K per year. Entry-level Staff Accountants most often move into positions as Staff Accountants or Senior Accountants; those groups report median salaries that are $4K higher and $20K higher, respectively.

Entry-level Staff Accountant Job Listings

Popular Skills for Entry-level Staff Accountant


Entry-level Staff Accountants seem to exploit a large range of skills on the job. Most notably, skills in Tax Compliance, General Ledger Accounting, Accounting, and Tax Preparation are correlated to pay that is above average, with boosts between 5 percent and 17 percent. Skills that pay less than market rate include Data Entry, Bookkeeping, and Payroll Administration. Most people who know Microsoft Excel also know Accounts Payable, Bookkeeping, and Financial Reporting.

Pay by Experience Level for Entry-level Staff Accountant

Pay by Experience for an Entry-level Staff Accountant has a positive trend. An entry-level Entry-level Staff Accountant with less than 5 years of experience can expect to earn an average total compensation of $40,000 based on 696 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Entry-level Staff Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $39,000 based on 42 salaries. An experienced Entry-level Staff Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $44,000 based on 29 salaries. An Entry-level Staff Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $42,000 based on 10 salaries.

Pay Difference by Location

National Average: $40,295

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

Boston offers some of the highest pay in the country for Entry-level Staff Accountants, 24 percent above the national average. Entry-level Staff Accountants can also look forward to large paychecks in cities like Miami (+15 percent), Seattle (+15 percent), Columbus (+12 percent), and Cincinnati (+12 percent). Charlotte is home to the smallest salaries in the field, lagging the national average by 11 percent. Los Angeles and Grand Rapids are a couple other places where companies are known to pay below the median — salaries are 8 percent lower and 4 percent lower, respectively.

Entry-level Staff Accountant Reviews

Q: What is it like working as an Entry-level Staff Accountant?

Entry-level Staff Accountant in Dallas:
"Able to make my appointments."
Pros: I can call in late if needed, schedule my doctor's appointment and leave early if needed to make my doctors appointments friendly people.
Cons: I don't like the traffic.

Entry-level Staff Accountant in Scarborough:
"Work."
Pros: Independence, flexibility, helping the community.
Cons: Disorganized, no accountability, backstabbing, egos.

Entry-level Staff Accountant in Walnut:
"Meh work- no room for growth."
Pros: The flexibility, no micromanagement.
Cons: No real structure, bosses don't inform us about anything, lack of opportunities.

Related Job Salaries

Key Stats for Entry-level Staff Accountant

Gender

Female
66 %
Male
34 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 76 votes.
Less than 1 year
36%
1-4 years
55%
5-9 years
4%
10-19 years
3%
20 years or more
1%

Experience Affects Entry-level Staff Accountant Salaries

▲8%

Late-Career
▲3%

National Average
$40,000

▼1%

▼2%

Skills That Affect Entry-level Staff Accountant Salaries

Tax Compliance
▲16%

General Ledger Accounting
▲5%

Accounting
▲4%

Tax Preparation
▲3%



Auditing
▲1%


Financial Analysis
▼0%

National Average
$40,000

Microsoft Excel
▼1%


▼2%

▼4%

Payroll Administration
▼4%

Data Entry
▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 76 votes.

Gender

Female
66 %
Male
34 %

Years of Experience

Less than 1 year
36%
1-4 years
55%
5-9 years
4%
10-19 years
3%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 60%
vision benefits
Vision: 49%
no benefits
None: 22%