What is an Assistant Manager/Accounting

If you have a head for numbers and enjoy working with finances, then a position as an assistant manager in accounting may be a good career choice. An assistant manager/accounting researches and analyzes financial information, such as profit and loss, and generates reports to identify ways in which a business or organization can better manage its money. An individual in this role looks at organizational liabilities, financial assets, potential tax liabilities, and other monetary records.

Assistant managers report, often work under, and assist the manager of accounting in the daily financial management of a business or organization. Assistant accounting managers supervise product and service inventory, analyze quarterly project profitability, determine the probability of losses or gains, and are responsible for overseeing the daily operations of the accounting department. These individuals establish and maintain proper accounting policies and procedures, manage accounts payable/receivable, payroll, receipts, and analyze revenue and expenses, as well as analyze accounting data and produce financial reports and statements to management. Assistant accounting managers typically work in an office environment during a normal workweek, and have good math, communication, organization, and computer skills.

Most assistant accounting managers may have a degree or certificate in accounting, finance, business, or a related field, but such a degree is not required if the individual has some experience in accounting. Many individuals in this field make up to $71,000 per year, and job growth is estimated to increase in the US by 4% by 2029.

There is more than meets the eye when it comes to being an Assistant Manager/Accounting. For example, did you know that they make an average of $27.96 an hour? That's $58,157 a year!

Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.

What Does an Assistant Manager/Accounting Do

There are certain skills that many Assistant Managers/Accounting have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Communication skills and Organizational skills.

Learn more about what an Assistant Manager/Accounting does

How To Become an Assistant Manager/Accounting

If you're interested in becoming an Assistant Manager/Accounting, one of the first things to consider is how much education you need. We've determined that 66.7% of Assistant Managers/Accounting have a bachelor's degree. In terms of higher education levels, we found that 11.3% of Assistant Managers/Accounting have master's degrees. Even though most Assistant Managers/Accounting have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an Assistant Manager/Accounting. When we researched the most common majors for an Assistant Manager/Accounting, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Assistant Manager/Accounting resumes include Master's Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become an Assistant Manager/Accounting. In fact, many Assistant Manager/Accounting jobs require experience in a role such as Staff Accountant. Meanwhile, many Assistant Managers/Accounting also have previous career experience in roles such as Accountant or Senior Accountant.

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Average Salary
$58,157
Average Salary
Job Growth Rate
16%
Job Growth Rate
Job Openings
47,633
Job Openings
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Assistant Manager/Accounting Career Paths

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Average Salary for an Assistant Manager/Accounting

Assistant Managers/Accounting in America make an average salary of $58,157 per year or $28 per hour. The top 10 percent makes over $79,000 per year, while the bottom 10 percent under $42,000 per year.
Average Salary
$58,157
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Assistant Manager/Accounting Demographics

Assistant Manager/Accounting Gender Statistics

female

62.3 %

male

32.3 %

unknown

5.4 %

Assistant Manager/Accounting Ethnicity Statistics

White

67.4 %

Hispanic or Latino

13.8 %

Asian

9.7 %

Assistant Manager/Accounting Foreign Languages Spoken Statistics

Spanish

35.1 %

Korean

16.2 %

Chinese

9.5 %
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Assistant Manager/Accounting Education

Assistant Manager/Accounting Majors

29.3 %
7.7 %

Assistant Manager/Accounting Degrees

Bachelors

66.7 %

Associate

13.9 %

Masters

11.3 %

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High School / GED
Associate
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Master's
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Top Colleges for Assistant Manager/Accountings

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
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Online Courses For Assistant Manager/Accounting That You May Like

Financial Accounting Subsidiary Ledgers & Special Journals
udemy
4.8
(283)

Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal...

Financial Accounting Payroll
udemy
4.4
(889)

Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...

Financial Accounting-Adjusting Entries & Financial Statement
udemy
4.4
(368)

Adjusting entry creation, posting adjusting entries to a worksheet, creating financial statements from the trial balance...

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Top Skills For an Assistant Manager/Accounting

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 12.7% of Assistant Managers/Accounting listed Financial Statements on their resume, but soft skills such as Analytical skills and Communication skills are important as well.

12 Assistant Manager/Accounting RESUME EXAMPLES

Best States For an Assistant Manager/Accounting

Some places are better than others when it comes to starting a career as an Assistant Manager/Accounting. The best states for people in this position are New York, Pennsylvania, Connecticut, and New Jersey. Assistant Managers/Accounting make the most in New York with an average salary of $92,181. Whereas in Pennsylvania and Connecticut, they would average $71,594 and $65,099, respectively. While Assistant Managers/Accounting would only make an average of $64,190 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Assistant Manager/Accounting Jobs:
1,400
Highest 10% Earn:
$145,000
Location Quotient:
1.32
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Delaware

Total Assistant Manager/Accounting Jobs:
137
Highest 10% Earn:
$100,000
Location Quotient:
1.32
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Pennsylvania

Total Assistant Manager/Accounting Jobs:
922
Highest 10% Earn:
$113,000
Location Quotient:
0.96
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Assistant Managers/Accounting

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