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Become An Accounting Associate

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Working As An Accounting Associate

  • Getting Information
  • Interacting With Computers
  • Processing Information
  • Documenting/Recording Information
  • Organizing, Planning, and Prioritizing Work
  • Mostly Sitting

  • Repetitive

  • $49,018

    Average Salary

What Does An Accounting Associate Do At Comcast

* Interprets accounting data, analyzes reports and participates in discussions regarding actions to be taken.
* Act as a liaison between various departments, vendors and the accounts payable team
* Prepares journal entries, reconciles specific account ledgers, various financial statements, records and reports.
* Assists with preparing financial reports and analyzing data for management review.
* Ensures the balance sheet accounts are accurately reconciled with supporting documents.
* Enters monthly journal entries to properly record accounting transactions, ensuring that journal entries have proper back up to substantiate the entry.
* Review invoices and assist with managing to approved project budgets.
* Assist with the long-range plan, annual operating budget and quarterly forecasting.
* Reviews financial statements for operating trends and results and develops written variance explanations, as applicable
* Assists with developing automated Oracle routines such as mass allocations and reoccurring journal entries.
* Assists higher level accountants in a variety of accounting assignments
* Assists with the internal and external audit process as needed.
* Consistent exercise of independent judgment and discretion in matters of significance.
* Regular, consistent and punctual attendance.
* Must be able to work variable schedule(s), including outside of normal business hours, as necessary.
* Other duties and responsibilities as assigned

What Does An Accounting Associate Do At Aramark

* Assist in planning and organizing the accurate and timely reporting and forecasting of financial information including month end closing, balance sheet reconciliations, and other analysis
* Prepare relevant and accurate information for presentation/review, and research and resolve accounting/finance issues
* Support recruiting, developing, evaluating, supervising, and motivating the market center’s office staff
* Assist in enforcing internal controls, AUS policies and procedures
* Support and collaborate with the General Manager and other market center and finance management
* Provide outstanding customer service to internal and external customers
* Indeed321

What Does An Accounting Associate Do At Goldman Sachs & Co.

* Prepare daily, weekly and quarterly equity projections
* Maintain basic and diluted share-count for projecting book value and earnings per share
* Month end journal entry preparation
* Monitor and manage currency exposures of non-dollar investments in subsidiaries Preparation and analysis of monthly and quarterly financial statement review packages for senior management
* Prepare materials for use by the Board of Directors for declaration of quarterly dividends
* Produce and maintain support documentation in accordance with internal polices and procedures as well as in accordance with requirements established under the Sarbanes
* Oxley legislation
* SEC and Federal Reserve reporting (10K/10Q,CCAR)
* Participate in strategic initiatives to improve process flows and analysis

What Does An Accounting Associate Do At Conduent

* Individual is responsible to meet monthly deliverables to client, impacting client financial statements, controls and contract SLA.
* Duties will include: monthly account reconciliations and reconciling item resolution, as well as reviews of the accounts with the client; intercompany accounting functions, includingmonth end balancing, managing intercompany financial payments, issue resolution; month end accruals for Accounts Payable invoices not processed, and other AP related accruals as required; review of AP/receiving related PO issues in GRIR accounts, and managing issue resolution with procurement and other business unit areas; responding to audit requests; responding to client requests timely; creation and maintenance ofdesktop procedures for client.
* Accountabilities:
* Key daily and monthly deliverables met timely and accurately.
* Quick response to client needs.
* Build positive client relationship

What Does An Accounting Associate Do At Packaging Corporation of America

May perform general accounting activities May prepare and record accounting transactions and ensure the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles May perform accounts receivable, accounts payable, credit and collection duties Under general direction exercises independent judgment to resolve assigned work May include front office management and receptionist duties May plan meetings and company functions May perform other duties and responsibilities as assigned

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How To Become An Accounting Associate

Most bookkeeping, accounting, and auditing clerks need some postsecondary education and also learn some of their skills on the job. They must have basic math and computer skills, including knowledge of spreadsheets and bookkeeping software.

Education

Employers generally require bookkeeping, accounting, and auditing clerks to have some postsecondary education, particularly coursework in accounting. However, some candidates can be hired with just a high school diploma.

Training

Bookkeeping, accounting, and auditing clerks usually get on-the-job training. Under the guidance of a supervisor or another experienced employee, new clerks learn how to do their tasks, including double-entry bookkeeping. In double-entry bookkeeping, each transaction is entered twice, once as a debit (cost) and once as a credit (income), to ensure that all accounts are balanced.

Some formal classroom training also may be necessary, such as training in specialized computer software. This on-the-job training typically takes around 6 months.

Licenses, Certifications, and Registrations

Some bookkeeping, accounting, and auditing clerks become certified. For those who do not have postsecondary education, certification is a particularly useful way to gain expertise in the field. The Certified Bookkeeper (CB) designation, awarded by the American Institute of Professional Bookkeepers, shows that those who have earned it have the skills and knowledge needed to carry out all bookkeeping tasks, including overseeing payroll and balancing accounts, according to accepted accounting procedures.

For certification, candidates must have at least 2 years of full-time bookkeeping experience or equivalent part-time work, pass a four-part exam, and adhere to a code of ethics.

The National Association of Certified Public Bookkeepers also offers certification. The Uniform Bookkeeper Certification Examination is an online test with 50 multiple-choice questions. Test takers must answer 75 percent of the questions correctly to pass the exam.

Advancement

With appropriate experience and education, some bookkeeping, accounting, and auditing clerks may become accountants or auditors.

Important Qualities

Computer skills. Bookkeeping, accounting, and auditing clerks need to be comfortable using computer spreadsheets and bookkeeping software.

Detail oriented. These clerks are responsible for producing accurate financial records. They must pay attention to detail in order to avoid making errors and recognize errors that others have made.

Integrity. Bookkeeping, accounting, and auditing clerks have control of an organization’s financial documentation, which they must use properly and keep confidential. It is vital that they keep records transparent and guard against misappropriating an organization’s funds.

Math skills. Bookkeeping, accounting, and auditing clerks deal with numbers daily and should be comfortable with basic arithmetic.

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Accounting Associate jobs

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Real Accounting Associate Salaries

Job Title Company Location Start Date Salary
Associate-Accounting Empyrean Capital Partners, LP Los Angeles, CA Jul 22, 2013 $100,000
Fund Accounting (Associate) Jpmorgan Chase & Co. Chicago, IL Mar 26, 2014 $80,000
Investment Accounting Associate IPS Fund Services LLC Boston, MA Sep 12, 2015 $76,000
Accounting Associate Gourmet Guru Inc. New York, NY Feb 27, 2015 $72,946
Accounting Associate Shafian Tax & Accounting Services PC Vienna, VA Oct 01, 2013 $72,000
Accounting Associate Bioss, Inc. Woburn, MA Sep 13, 2016 $69,607
Accounting Associate Microvest Capital Management, LLC Bethesda, MD Jan 09, 2016 $68,000
Accounting Associate Bioss Inc. Woburn, MA Sep 13, 2013 $65,135
Forensic Accounting Associate Rocky Mountain Advisory, LLC Salt Lake City, UT Sep 10, 2015 $63,000
Accounting Associate Spectraseis Inc. Denver, CO Aug 28, 2014 $62,000
Accounting Associate University of Illinois at Chicago Chicago, IL Oct 01, 2014 $62,000
Accounting Associate Spectraseis Inc. Denver, CO Sep 01, 2013 $61,000
Accounting Associate Microvest Capital Management, LLC Bethesda, MD Sep 01, 2015 $60,000
Accounting Associate First Help Financial LLC Newton, MA Mar 09, 2016 $52,655
Accounting Associate Drummond CPA LLC Boston, MA Jan 09, 2016 $52,655
Accounting Associate Drummond CPA LLC Boston, MA Jan 09, 2016 $52,478
Accounting Associate Power Advocate, Inc. Boston, MA Jul 17, 2016 $52,478
Accounting Associate Drummond CPA LLC Cambridge, MA Sep 02, 2014 $52,000
Accounting Associate Drummond CPA LLC Miami, FL Jan 09, 2016 $52,000
Accounting Associate Drummond CPA LLC Cambridge, MA Sep 02, 2015 $52,000
Accounting Associate David J. Prothero, CPA, P.C. Cambridge, MA Sep 12, 2015 $51,000
Accounting Associate Heritage Security Products, Inc. Chicago, IL Nov 28, 2016 $47,216 -
$75,000
Accounting Associate Business Technology Services, Inc. King of Prussia, PA Sep 01, 2015 $47,029
Accounting Associate Excela Solutions Inc. Fremont, CA Jan 09, 2016 $47,000
Accounting Associate Sanjay Taxpro Inc. Sunnyvale, CA Jan 09, 2016 $47,000
Accounting Associate Business Technology Services, Inc. King of Prussia, PA Sep 01, 2015 $47,000
Tax and Accounting Associate M. White & Associates Plano, TX Sep 17, 2013 $46,925

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Top Skills for An Accounting Associate

ProcessPayrollGeneralLedgerAccountsMonthlyJournalEntriesAccountReconciliationsAuditPurchaseOrdersCustomerServiceAccountsPayablesAssetDataEntryExpenseReportsBankDepositsFinancialReportsQuickbooksACHTaxReturnsBalanceSheetVendorInvoicesBankAccountsSalesTax

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Top Accounting Associate Skills

  1. Process Payroll
  2. General Ledger Accounts
  3. Monthly Journal Entries
You can check out examples of real life uses of top skills on resumes here:
  • Perform Accounts Payable and Account Receivable Duties, Process payroll and maintain records keeping and filing of accounting documentation.
  • General ledger accounts reconciliation and journal entries
  • Coded checks, monthly journal entries, bank reconciliations and financial statements.
  • Perform diverse accounting functions, including the preparation of general ledger entries and account reconciliations.
  • Reviewed and audited general ledger entries for accuracy and prepared information requested by auditors.

Top Accounting Associate Employers

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