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Account associate vs bookkeeper

The differences between account associates and bookkeepers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an account associate and a bookkeeper. Additionally, an account associate has an average salary of $48,927, which is higher than the $40,337 average annual salary of a bookkeeper.

The top three skills for an account associate include customer service, work ethic and develop leads. The most important skills for a bookkeeper are payroll tax returns, customer service, and reconciliations.

Account associate vs bookkeeper overview

Account AssociateBookkeeper
Yearly salary$48,927$40,337
Hourly rate$23.52$19.39
Growth rate-5%-5%
Number of jobs98,23538,481
Job satisfaction-5
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 46%
Average age5151
Years of experience66

What does an account associate do?

An account associate is responsible for supporting the accounting and finance department in performing accounting operations, bookkeeping functions, and other related clerical tasks. Account associates analyze and sort financial statements accordingly, assist on payroll processing, evaluate account reconciliations and receivables, create financial reports, and updating recent account information on the database. They also handle clients' inquiries and concerns, routing calls to the appropriate accounting staff or department. An account associate must have excellent analytical and communication skills, as well as comprehensive knowledge of the accounting principles.

What does a bookkeeper do?

Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.

Account associate vs bookkeeper salary

Account associates and bookkeepers have different pay scales, as shown below.

Account AssociateBookkeeper
Average salary$48,927$40,337
Salary rangeBetween $35,000 And $67,000Between $30,000 And $52,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateCaliforniaNew York
Best paying companyPacific Investment Management Company LLCNTT Data International L.L.C.
Best paying industryFinanceManufacturing

Differences between account associate and bookkeeper education

There are a few differences between an account associate and a bookkeeper in terms of educational background:

Account AssociateBookkeeper
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 46%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account associate vs bookkeeper demographics

Here are the differences between account associates' and bookkeepers' demographics:

Account AssociateBookkeeper
Average age5151
Gender ratioMale, 38.9% Female, 61.1%Male, 15.4% Female, 84.6%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.4% American Indian and Alaska Native, 0.6%Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between account associate and bookkeeper duties and responsibilities

Account associate example responsibilities.

  • Manage corporate Google+ and Instagram accounts.
  • Input and manage the company CRM system.
  • Utilize LinkedIn, Google search to identify B2B decision-makers and generate warm leads.
  • Install network software, create company inventory, and manage financial records in QuickBooks, and act as secretary
  • Manage social media accounts and advertise the soir e events through email and Instagram resulting in increase in follower count.
  • Manage data, creative, premium and POS fulfillment, follow-up telemarketing to dealers and legal requirements for group dealer programs.
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Bookkeeper example responsibilities.

  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Perform journal entries, balance ledger, perform bank reconciliations, control inventory, coordinate proper guest accommodation.
  • Post and update of daily sales and purchases into QuickBooks system.
  • Execute monthly collection of Medicaid surplus funds from clients on a monthly basis.
  • Post resident receipts, Medicaid remittance, and process adjusting entries to the A/R detail.
  • Work closely with QC personnel for the planning of tooling and the flow process of PWB's.
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Account associate vs bookkeeper skills

Common account associate skills
  • Customer Service, 29%
  • Work Ethic, 8%
  • Develop Leads, 7%
  • Patients, 5%
  • Account Management, 5%
  • PowerPoint, 4%
Common bookkeeper skills
  • Payroll Tax Returns, 12%
  • Customer Service, 10%
  • Reconciliations, 10%
  • Data Entry, 7%
  • Journal Entries, 5%
  • Financial Transactions, 4%

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