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Accounting administrator hiring summary. Here are some key points about hiring accounting administrators in the United States:
Here's a step-by-step accounting administrator hiring guide:
An accounting administrator is responsible for reviewing and analyzing account statements, managing deposits, and resolving bank discrepancies and financial disputes. Accounting administrators handle the efficient and accurate cash flow within an organization, including payroll release and filing of petty cash. They maintain an organized record of payments and billing statements for reference and audit purposes to generate reports for the management. An accounting administrator must have extensive knowledge of the accounting principles, as well as excellent communication and analytical skills to perform duties effectively, even under minimal supervision.
Before you post your accounting administrator job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an accounting administrator for hire on a part-time basis or as a contractor.
You should also consider the ideal background you'd like them an accounting administrator to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an accounting administrator that fits the bill.
Here's a comparison of accounting administrator salaries for various roles:
| Type of Accounting Administrator | Description | Hourly rate |
|---|---|---|
| Accounting Administrator | Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy. | $15-33 |
| Bookkeeper | 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... Show more | $14-25 |
| 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... Show more | $14-23 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $72,567 | $35 |
| 2 | Delaware | $70,822 | $34 |
| 3 | New York | $69,915 | $34 |
| 4 | Massachusetts | $66,039 | $32 |
| 5 | Connecticut | $60,514 | $29 |
| 6 | Michigan | $60,221 | $29 |
| 7 | Maryland | $58,659 | $28 |
| 8 | Virginia | $54,162 | $26 |
| 9 | Illinois | $53,794 | $26 |
| 10 | Oregon | $50,696 | $24 |
| 11 | California | $50,394 | $24 |
| 12 | Indiana | $46,897 | $23 |
| 13 | Minnesota | $44,181 | $21 |
| 14 | Florida | $44,179 | $21 |
| 15 | Washington | $43,712 | $21 |
| 16 | Texas | $42,987 | $21 |
| 17 | Arizona | $40,542 | $19 |
| 18 | Georgia | $39,637 | $19 |
| 19 | Colorado | $39,201 | $19 |
| 20 | Missouri | $37,800 | $18 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Cambridge Associates | $100,220 | $48.18 | 2 |
| 2 | State Street | $83,946 | $40.36 | 51 |
| 3 | Quaker Houghton | $73,916 | $35.54 | |
| 4 | Cook Children's Medical Center | $65,247 | $31.37 | |
| 5 | McDermott International | $62,564 | $30.08 | |
| 6 | Shimmick Construction | $61,829 | $29.73 | |
| 7 | SWD | $60,752 | $29.21 | |
| 8 | Flex-N-Gate | $58,903 | $28.32 | 1 |
| 9 | Genuent | $58,216 | $27.99 | |
| 10 | G.L. Huyett | $57,321 | $27.56 | |
| 11 | Kittelson & Associates | $55,741 | $26.80 | |
| 12 | Perkins Coie | $54,703 | $26.30 | |
| 13 | Children's Hospital Los Angeles | $54,678 | $26.29 | 6 |
| 14 | Hajoca | $52,005 | $25.00 | 5 |
| 15 | Kinder Morgan | $51,265 | $24.65 | 6 |
| 16 | Kavaliro | $50,487 | $24.27 | 3 |
| 17 | IntelliPro | $50,210 | $24.14 | 8 |
| 18 | Staffing.com | $48,966 | $23.54 | 10 |
| 19 | Lantronix | $47,487 | $22.83 | 1 |
| 20 | Rock-It Cargo | $47,392 | $22.78 |
A job description for an accounting administrator role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an accounting administrator job description:
To find accounting administrators for your business, try out a few different recruiting strategies:
During your first interview to recruit accounting administrators, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've selected the best accounting administrator candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
Once that's done, you can draft an onboarding schedule for the new accounting administrator. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.
Before you start to hire accounting administrators, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire accounting administrators pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
The median annual salary for accounting administrators is $48,068 in the US. However, the cost of accounting administrator hiring can vary a lot depending on location. Additionally, hiring an accounting administrator for contract work or on a per-project basis typically costs between $15 and $33 an hour.