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.

Account Associate Responsibilities

Here are examples of responsibilities from real account associate resumes representing typical tasks they are likely to perform in their roles.

  • 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.
  • Perform bank reconciliation, A/P, A/R, G/L, and P/R.
  • Track SEO for campaigns and projects.
  • Create prospect lists using LinkedIn and draft proposals.
  • Create and disperse content daily on twitter for clients.
  • Maintain filing system for all reports and hr documents.
  • Send out RFP's and collect data for underwriter review.
  • Work in SQL to develop better queries for data retrieval.
  • Prepare and execute complex display, mobile, video, and Facebook campaigns.
  • Assist CPA with the finalization of the quarterly reports and tax return preparation.

Account Associate Skills and Personality Traits

We calculated that 29% of Account Associates are proficient in Customer Service, Work Ethic, and Develop Leads. They’re also known for soft skills such as Computer skills, Integrity, and Detail oriented.

We break down the percentage of Account Associates that have these skills listed on their resume here:

  • Customer Service, 29%

    Provided day-to-day management of client relationships, including customer service, account maintenance and documentation of all changes and interactions.

  • Work Ethic, 8%

    Commended for dedicated work ethic and rewarded by steadypromotions and training in all aspects of work.

  • Develop Leads, 7%

    State Farm bank certified) - Develop leads & schedule appointments - Market appropriate products and services.

  • Patients, 5%

    Utilized computerized and automated mail systems daily to notify appointment reminders to Cleveland Clinic patients.

  • Account Management, 5%

    Monitored changes in IRS regulations for documentation requirements on non-resident alien accounts to ensure accurate account management and IRS reporting.

  • PowerPoint, 4%

    Designed and created PowerPoint presentations that highlighted products and services.

"customer service," "work ethic," and "develop leads" aren't the only skills we found account associates list on their resumes. In fact, there's a whole list of account associate responsibilities that we found, including:

  • Computer skills can be considered to be the most important personality trait for an account associate to have. According to a account associate resume, "bookkeeping, accounting, and auditing clerks need to be comfortable using computer spreadsheets and bookkeeping software." Account associates are able to use computer skills in the following example we gathered from a resume: "filed office correspondence and other documents, sent and received faxes, photocopied and completed computer data entry. "
  • Another trait important for fulfilling account associate duties is integrity. According to a account associate resume, "bookkeeping, accounting, and auditing clerks have control of an organization’s financial documentation, which they must use properly and keep confidential." Here's an example of how account associates are able to utilize integrity: "key contributions: prepare payroll and commission disbursements for 300 attorneys and staff maintain 80 client trust accounts for cfo. "
  • Detail oriented is also an important skill for account associates to have. This example of how account associates use this skill comes from a account associate resume, "bookkeeping, accounting, and auditing clerks are responsible for producing accurate financial records" Read this excerpt from a resume to understand how vital it is to their everyday roles and responsibilities, "prepare detailed financial reports that are provided to the client. "
  • An account associate responsibilities sometimes require "math skills." The responsibilities that rely on this skills are shown by this resume excerpt: "bookkeeping, accounting, and auditing clerks deal with numbers daily and should be comfortable with basic arithmetic." This resume example shows how this skill is used by account associates: "created data tracking and reporting databases and spreadsheets for student statistics and payroll expenses. "
  • See the full list of account associate skills.

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    What Bookkeepers 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.

    In this section, we compare the average account associate annual salary with that of a bookkeeper. Typically, bookkeepers earn a $8,590 lower salary than account associates earn annually.

    While the salaries between these two careers can be different, they do share some of the same responsibilities. Employees in both account associates and bookkeepers positions are skilled in customer service, powerpoint, and reconciliations.

    There are some key differences in responsibilities as well. For example, an account associate responsibilities require skills like "work ethic," "strong work ethic," "develop leads," and "patients." Meanwhile a typical bookkeeper has skills in areas such as "payroll tax returns," "journal entries," "purchase orders," and "credit card accounts." This difference in skills reveals how truly different these two careers really are.

    Bookkeepers really shine in the manufacturing industry with an average salary of $42,063. Whereas account associates tend to make the most money in the finance industry with an average salary of $48,877.

    On average, bookkeepers reach similar levels of education than account associates. Bookkeepers are 3.4% less likely to earn a Master's Degree and 0.0% more likely to graduate with a Doctoral Degree.

    What Are The Duties Of a Corporate Accountant?

    A corporate accountant is a professional who prepares financial statements and maintains financial records of an organization to ensure that they comply with laws, regulations, and the organization's policies. Corporate accountants are required to analyze financial statements to help executives make financial decisions for the organization. They must collect ledgers and financial reports from divisional offices and prepare corporate financial statements for executives. Corporate accountants must also prepare budgets to allocate funds for spending for each department.

    Now we're going to look at the corporate accountant profession. On average, corporate accountants earn a $15,373 higher salary than account associates a year.

    Not everything about these jobs is different. Take their skills, for example. Account associates and corporate accountants both include similar skills like "reconciliations," "account reconciliations," and "gaap" on their resumes.

    But both careers also use different skills, according to real account associate resumes. While account associate responsibilities can utilize skills like "customer service," "work ethic," "strong work ethic," and "develop leads," some corporate accountants use skills like "cpa," "close process," "internal controls," and "accruals."

    On average, corporate accountants earn a higher salary than account associates. There are industries that support higher salaries in each profession respectively. Interestingly enough, corporate accountants earn the most pay in the finance industry with an average salary of $71,156. Whereas, account associates have higher paychecks in the finance industry where they earn an average of $48,877.

    On the topic of education, corporate accountants earn similar levels of education than account associates. In general, they're 4.3% more likely to graduate with a Master's Degree and 0.0% more likely to earn a Doctoral Degree.

    How an Assistant Account Executive Compares

    An assistant account executive is responsible for managing customer accounts, under the supervision of an account executive. Assistant account executives develop processes and techniques to execute projects based on clients' specifications. They assist account executives with clients' presentations for project updates and status reports. They also manage client requests to increase brand awareness, including maximizing sales strategies and resources and advertising promotions within the budget goals. They must have excellent communication and critical-thinking skills, especially when managing the clients' expectations and marketing the clients' brands to all available platforms for customers' recognition.

    The assistant account executive profession generally makes a higher amount of money when compared to the average salary of account associates. The difference in salaries is assistant account executives making $1,126 higher than account associates.

    Using account associates and assistant account executives resumes, we found that both professions have similar skills such as "customer service," "account management," and "powerpoint," but the other skills required are very different.

    There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, an account associate is likely to be skilled in "work ethic," "strong work ethic," "develop leads," and "patients," while a typical assistant account executive is skilled in "account executives," "journal entries," "fact sheets," and "purchase orders."

    Additionally, assistant account executives earn a higher salary in the professional industry compared to other industries. In this industry, they receive an average salary of $50,936. Additionally, account associates earn an average salary of $48,877 in the finance industry.

    Assistant account executives typically study at similar levels compared with account associates. For example, they're 0.8% less likely to graduate with a Master's Degree, and 0.2% less likely to earn a Doctoral Degree.

    Description Of an Accounts Payable Clerk

    An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.

    Now, we'll look at accounts payable clerks, who generally average a lower pay when compared to account associates annual salary. In fact, the difference is about $10,594 per year.

    While both account associates and accounts payable clerks complete day-to-day tasks using similar skills like customer service, reconciliations, and data entry, the two careers also vary in other skills.

    While some skills are shared by these professions, there are some differences to note. "work ethic," "strong work ethic," "develop leads," and "patients" are skills that have shown up on account associates resumes. Additionally, accounts payable clerk uses skills like purchase orders, vendor statements, credit card, and journal entries on their resumes.

    Now, let's take a closer look at the financials in each career. The technology industry tends to pay more for accounts payable clerks with an average of $41,570. While the highest account associate annual salary comes from the finance industry.

    Accounts payable clerks reach similar levels of education when compared to account associates. The difference is that they're 3.7% more likely to earn a Master's Degree less, and 0.0% less likely to graduate with a Doctoral Degree.