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Working As a Process Associate

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

  • Repetitive

  • $68,000

    Average Salary

What Does A Process Associate Do

Bookkeeping, accounting, and auditing clerks produce financial records for organizations. They record financial transactions, update statements, and check financial records for accuracy.

Duties

Bookkeeping, accounting, and auditing clerks typically do the following:

  • Use bookkeeping software, online spreadsheets, and databases
  • Enter (post) financial transactions into the appropriate computer software
  • Receive and record cash, checks, and vouchers
  • Put costs (debits) and income (credits) into the software, assigning each to an appropriate account
  • Produce reports, such as balance sheets (costs compared with income), income statements, and totals by account
  • Check for accuracy in figures, postings, and reports
  • Reconcile or note and report any differences they find in the records

The records that bookkeeping, accounting, and auditing clerks work with include expenditures (money spent), receipts (money that comes in), accounts payable (bills to be paid), accounts receivable (invoices, or what other people owe the organization), and profit and loss (a report that shows the organization’s financial health).

Workers in this occupation have a wide range of tasks. Some are full-charge bookkeeping clerks who maintain an entire organization’s books. Others are accounting clerks who handle specific tasks.

These clerks use basic mathematics (adding, subtracting) throughout the day.

Bookkeeping, accounting, and auditing clerks use specialized computer accounting software, spreadsheets, and databases to enter information from receipts or bills. They must be comfortable using computers to record and calculate data.

The widespread use of computers also has enabled bookkeeping, accounting, and auditing clerks to take on additional responsibilities, such as payroll, billing, purchasing (buying), and keeping track of overdue bills. Many of these functions require clerks to communicate with clients.

Bookkeeping clerks, also known as bookkeepers, often are responsible for some or all of an organization’s accounts, known as the general ledger. They record all transactions and post debits (costs) and credits (income).

They also produce financial statements and other reports for supervisors and managers. Bookkeepers prepare bank deposits by compiling data from cashiers, verifying receipts, and sending cash, checks, or other forms of payment to the bank.

In addition, they may handle payroll, make purchases, prepare invoices, and keep track of overdue accounts.

Accounting clerks typically work for larger companies and have more specialized tasks. Their titles, such as accounts payable clerk or accounts receivable clerk, often reflect the type of accounting they do.

The responsibilities of accounting clerks frequently vary by level of experience. Entry-level accounting clerks may post details of transactions (including date, type, and amount), add up accounts, and determine interest charges. They also may monitor loans and accounts to ensure that payments are up to date.

More advanced accounting clerks may add and balance billing vouchers, ensure that account data are complete and accurate, and code documents according to an organization’s procedures.

Auditing clerks check figures, postings, and documents to ensure that they are mathematically accurate and properly coded. They also correct or note errors for accountants or other workers to fix.

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How To Become A Process 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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Process Associate Career Paths

Process Associate
Office Assistant Executive Assistant Office Manager
Operations Manager
7 Yearsyrs
Office Assistant Accounts Payable Clerk Accountant
Accounting Manager
7 Yearsyrs
Office Assistant Executive Assistant Assistant Manager
Account Manager
5 Yearsyrs
Business Analyst Project Manager General Manager
Operations Director
9 Yearsyrs
Business Analyst Consultant Office Manager
Business Manager
6 Yearsyrs
Business Analyst Consultant Account Manager
Senior Account Manager
7 Yearsyrs
Processor Specialist Account Executive
Relationship Manager
6 Yearsyrs
Processor Specialist Executive Assistant
Administrative Manager
6 Yearsyrs
Processor Specialist Team Leader
Assistant Vice President
7 Yearsyrs
Analyst Consultant Office Manager
Business Office Manager
7 Yearsyrs
Analyst Team Leader Assistant Manager
Center Manager
6 Yearsyrs
Analyst Manager Project Manager
Purchasing Manager
9 Yearsyrs
Processing Specialist Operations Specialist Operation Supervisor
Logistics Manager
7 Yearsyrs
Processing Specialist Operations Specialist Accountant
Accounts Payable Manager
7 Yearsyrs
Processing Specialist Operations Specialist Credit Analyst
Collections Manager
5 Yearsyrs
Data Analyst Programmer Analyst Quality Assurance Analyst
Quality Assurance Manager
9 Yearsyrs
Data Analyst Team Leader Property Manager
Asset Manager
7 Yearsyrs
Data Analyst Senior Business Analyst Program Manager
Associate Director
8 Yearsyrs
Machine Operator Foreman Property Manager
Compliance Manager
9 Yearsyrs
Clerk Administrator Controller
Assistant Director Of Finance
7 Yearsyrs
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Do you work as a Process Associate?

Average Yearly Salary
$68,000
Show Salaries
$46,000
Min 10%
$68,000
Median 50%
$68,000
Median 50%
$68,000
Median 50%
$68,000
Median 50%
$68,000
Median 50%
$68,000
Median 50%
$68,000
Median 50%
$99,000
Max 90%
Best Paying Company
Citi
Highest Paying City
New York, NY
Highest Paying State
Connecticut
Avg Experience Level
2.7 years
How much does a Process Associate make at top companies?
The national average salary for a Process Associate in the United States is $68,362 per year or $33 per hour. Those in the bottom 10 percent make under $47,000 a year, and the top 10 percent make over $99,000.

Real Process Associate Salaries

Job Title Company Location Start Date Salary
Trading Process Associate AQR Capital Management Greenwich, CT Jun 05, 2015 $130,000
Senior Business Process Associate Uber Technologies, Inc. San Francisco, CA Aug 09, 2016 $90,896 -
$110,000
Process Associate Imclone Systems Corporation Branchburg, NJ Nov 30, 2012 $77,700
Process Associate Optimized Process Designs, LLC Katy, TX Sep 12, 2013 $70,325
Business Process Associate ZS Associates, Inc. Chicago, IL Jan 08, 2015 $65,000 -
$75,000
Business Process Associate ZS Associates, Inc. Evanston, IL Sep 08, 2014 $65,000 -
$75,000
Process Associate Imclone Systems Corporation Branchburg, NJ Nov 30, 2009 $65,000
Process Associate Humacyte, Inc. Parkton, NC Sep 20, 2014 $63,544
Process Associate Humacyte, Inc. Parkton, NC Sep 28, 2013 $63,500
Process Associate (Chemist) KVK-Tech, Inc. Newtown, PA Sep 08, 2014 $50,877 -
$62,000

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Top Skills for A Process Associate

  1. Customer Service
  2. New Merchandise Shipments
  3. Financial Transactions
You can check out examples of real life uses of top skills on resumes here:
  • Provided customer service while ensuring products were continually stocked, replenished and merchandised while monitoring asset protection.
  • Unload and unpack new merchandise shipments, and prepare.
  • Processed large financial transactions and maintained effective professional relationships with both peers and management.
  • Monitor all transactions and ensure compliance to quality regulations and maintain effective relationships with clients.
  • Position provided general support functions including documentation preparation and data entry of international trade transactions for a global logistics company.

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Top 10 Best States for Process Associates

  1. District of Columbia
  2. Massachusetts
  3. New Jersey
  4. Connecticut
  5. New York
  6. Delaware
  7. Virginia
  8. Maryland
  9. Rhode Island
  10. Maine
  • (31 jobs)
  • (140 jobs)
  • (98 jobs)
  • (34 jobs)
  • (148 jobs)
  • (26 jobs)
  • (137 jobs)
  • (64 jobs)
  • (10 jobs)
  • (14 jobs)

Process Associate Resume Examples And Tips

The average resume reviewer spends between 5 to 7 seconds looking at a single resume, which leaves the average job applier with roughly six seconds to make a killer first impression. Thanks to this, a single typo or error on your resume can disqualify you right out of the gate. At Zippia, we went through over 5,410 Process Associate resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Create A Top Notch Process Associate Resume

View Resume Examples

Process Associate Demographics

Gender

Female

49.7%

Male

36.4%

Unknown

13.9%
Ethnicity

White

58.2%

Hispanic or Latino

13.8%

Asian

12.2%

Black or African American

11.5%

Unknown

4.3%
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Foreign Languages Spoken

Spanish

47.2%

French

6.3%

Chinese

5.7%

Hindi

5.1%

Japanese

4.0%

Mandarin

3.4%

Kannada

3.4%

Tamil

2.8%

Portuguese

2.8%

Cantonese

2.8%

Russian

2.3%

German

2.3%

Telugu

1.7%

Korean

1.7%

Marathi

1.7%

Carrier

1.7%

Tagalog

1.7%

Bengali

1.1%

Filipino

1.1%

Polish

1.1%
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Process Associate Education

Schools

University of Phoenix

19.2%

Strayer University

7.5%

West Chester University of Pennsylvania

6.3%

Pennsylvania State University

6.0%

Arizona State University

5.5%

Temple University

5.3%

Kaplan University

5.0%

Montgomery County Community College

4.6%

Villanova University

4.3%

Gadsden State Community College

4.3%

Hinds Community College

3.8%

University of North Carolina at Greensboro

3.8%

Northeastern University

3.6%

University of Central Florida

3.4%

Ashford University

3.1%

American InterContinental University

2.9%

University of Wisconsin - Milwaukee

2.9%

Towson University

2.9%

University of North Carolina at Charlotte

2.9%

Community College of Philadelphia

2.6%
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Majors

Business

31.7%

Accounting

9.7%

Finance

7.9%

Computer Science

5.2%

Health Care Administration

4.2%

Criminal Justice

4.0%

Management

3.5%

Communication

3.3%

Marketing

2.8%

General Studies

2.8%

English

2.8%

Medical Assisting Services

2.8%

Psychology

2.7%

Computer Information Systems

2.5%

Information Technology

2.5%

Business/Commerce

2.4%

Nursing

2.4%

Education

2.3%

Liberal Arts

2.3%

Graphic Design

2.2%
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Degrees

Bachelors

36.4%

Other

24.2%

Masters

17.3%

Associate

13.1%

Certificate

5.4%

Diploma

3.0%

Doctorate

0.4%

License

0.2%
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Top Process Associate Employers

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Updated May 19, 2020