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Working as a Bank Accountant

There is more than meets the eye when it comes to being a bank accountant. For example, did you know that they make an average of $19.26 an hour? That's $40,058 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.

What Does a Bank Accountant Do

There are certain skills that many bank accountants 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.

When it comes to the most important skills required to be a bank accountant, we found that a lot of resumes listed 29.6% of bank accountants included financial statements, while 18.5% of resumes included general ledger accounts, and 15.6% of resumes included financial needs. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

How To Become a Bank Accountant

If you're interested in becoming a bank accountant, one of the first things to consider is how much education you need. We've determined that 55.2% of bank accountants have a bachelor's degree. In terms of higher education levels, we found that 21.7% of bank accountants have master's degrees. Even though most bank accountants 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 a bank accountant. When we researched the most common majors for a bank accountant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on bank accountant resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a bank accountant. In fact, many bank accountant jobs require experience in a role such as accountant. Meanwhile, many bank accountants also have previous career experience in roles such as staff accountant or customer service representative.

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Average Salary$40,058
Job Growth Rate6%

Bank Accountant Career Paths

Top Careers Before Bank Accountant

Top Careers After Bank Accountant

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Average Salary for a Bank Accountant

Bank Accountants in America make an average salary of $40,058 per year or $19 per hour. The top 10 percent makes over $54,000 per year, while the bottom 10 percent under $29,000 per year.
Average Salary
$40,058

Best Paying Cities

0

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Accountant-Internal Banking Operations
Accountant-Internal Banking Operations
Spherion
Spherion
08/18/2020
08/18/2020
$40,00008/18/2020
$40,000
Bank Accountant
Bank Accountant
Randstad
Randstad
07/02/2020
07/02/2020
$41,74007/02/2020
$41,740
Bank Accountant
Bank Accountant
Randstad
Randstad
06/23/2020
06/23/2020
$41,74006/23/2020
$41,740
Loan Accountant for A Mid-Size Bank In Downtown SAN Ramon!
Loan Accountant for A Mid-Size Bank In Downtown SAN Ramon!
Robert Half
Robert Half
03/28/2020
03/28/2020
$50,00003/28/2020
$50,000
Bank Accountant
Bank Accountant
Jpmorgan Chase
Jpmorgan Chase
01/10/2020
01/10/2020
$34,43601/10/2020
$34,436

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Bank Accountant Demographics

Gender

female

57.0 %

male

37.4 %

unknown

5.6 %

Ethnicity

White

66.3 %

Asian

11.9 %

Hispanic or Latino

10.6 %

Foreign Languages Spoken

Spanish

36.8 %

Russian

15.8 %

Ukrainian

10.5 %
See More Demographics

Bank Accountant Education

Majors

Business
27.5 %
Finance
12.2 %

Degrees

Bachelors

55.2 %

Masters

21.7 %

Associate

8.4 %

Top Colleges for Bank Accountants

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 • Public

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 • Public

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 • Public

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

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
See More Education Info
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Part Time
Internship
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Top Skills For a Bank Accountant

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, 29.6% of bank accountants listed financial statements on their resume, but soft skills such as analytical skills and communication skills are important as well.

  • Financial Statements, 29.6%
  • General Ledger Accounts, 18.5%
  • Financial Needs, 15.6%
  • Balance Sheet, 4.6%
  • Positive Pay, 3.9%
  • Other Skills, 27.8%
  • See All Bank Accountant Skills

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Top Bank Accountant Employers

1. JPMorgan Chase
4.9
Avg. Salary: 
$49,454
Bank Accountants Hired: 
12+
2. Aramark
4.1
Avg. Salary: 
$32,688
Bank Accountants Hired: 
10+
3. Bank of America
4.8
Avg. Salary: 
$49,461
Bank Accountants Hired: 
6+
4. Wells Fargo
4.7
Avg. Salary: 
$49,480
Bank Accountants Hired: 
5+
5. Capital One
4.7
Avg. Salary: 
$49,468
Bank Accountants Hired: 
4+
6. Robert Half International
4.5
Avg. Salary: 
$38,329
Bank Accountants Hired: 
3+
Updated October 2, 2020