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Become A Process Associate

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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

  • $37,250

    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 jobs

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Process Associate Career Paths

Process Associate
Processing Specialist Specialist
Account Manager
5 Yearsyrs
Billing Specialist Accounts Receivable Specialist Staff Accountant
Accounting Manager
7 Yearsyrs
Accounts Payable Clerk Accountant Finance Analyst
Assistant Vice President
7 Yearsyrs
Project Manager Property Manager Collections Specialist
Collections Manager
5 Yearsyrs
Material Handler Operation Supervisor Assistant Branch Manager
Credit Manager
5 Yearsyrs
Human Resources Coordinator Human Resources Manager
Director Of Human Resources
10 Yearsyrs
Business Analyst Senior Finance Analyst
Finance Manager
7 Yearsyrs
Senior Associate Assistant Vice President
Office Manager
5 Yearsyrs
Analyst Project Manager Program Manager
Operations Director
9 Yearsyrs
Business Analyst Product Manager Sales Manager
Operations Manager
7 Yearsyrs
Finance Associate Accounts Receivable Specialist Payroll Specialist
Payroll/Human Resource Manager
7 Yearsyrs
Data Analyst Project Manager
Program Manager
8 Yearsyrs
Senior Associate Senior Consultant Product Manager
Purchasing Manager
9 Yearsyrs
Material Handler Quality Control Inspector Quality Control Manager
Quality Assurance Manager
9 Yearsyrs
Analyst Finance Analyst Finance Manager
Sales Manager
5 Yearsyrs
Accounts Payable Clerk Account Manager
Senior Account Manager
7 Yearsyrs
Data Analyst Business Analyst Senior Consultant
Senior Manager
10 Yearsyrs
Billing Specialist Specialist Project Manager
Senior Project Manager
12 Yearsyrs
Human Resources Coordinator Program Manager General Manager
Territory Manager
7 Yearsyrs
Processing Specialist Business Analyst Assistant Vice President
Vice President And Manager
10 Yearsyrs
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Process Associate Demographics

Gender

Female

56.3%

Male

40.8%

Unknown

2.9%
Ethnicity

White

72.6%

Asian

13.8%

Hispanic or Latino

10.2%

Unknown

2.7%

Black or African American

0.7%
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Languages Spoken

Spanish

39.7%

French

7.6%

Chinese

6.9%

Mandarin

6.1%

Cantonese

5.3%

Hindi

4.6%

Japanese

4.6%

Korean

3.1%

Portuguese

3.1%

Kannada

3.1%

Marathi

2.3%

Russian

2.3%

Tamil

2.3%

Bengali

1.5%

Carrier

1.5%

Tagalog

1.5%

German

1.5%

Polish

1.5%

Telugu

0.8%

Vietnamese

0.8%
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Process Associate Education

Schools

University of Phoenix

15.0%

Montgomery County Community College

6.4%

West Chester University of Pennsylvania

6.4%

Strayer University

6.4%

Hinds Community College

5.5%

Arizona State University

5.5%

Villanova University

5.5%

Temple University

5.0%

American InterContinental University

4.5%

University of North Carolina at Greensboro

4.1%

Gadsden State Community College

4.1%

Kutztown University of Pennsylvania

3.6%

Central Piedmont Community College

3.6%

University of Central Florida

3.6%

Indiana University of Pennsylvania

3.6%

University of North Carolina at Charlotte

3.6%

Kaplan University

3.6%

Towson University

3.6%

Ashford University

3.2%

Pennsylvania State University

3.2%
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Majors

Business

32.2%

Accounting

9.8%

Finance

6.3%

Computer Science

5.3%

Management

4.2%

Health Care Administration

3.8%

Criminal Justice

3.6%

English

3.5%

General Studies

3.2%

Psychology

3.2%

Communication

2.8%

Business/Commerce

2.7%

Human Resources Management

2.7%

Graphic Design

2.5%

Marketing

2.5%

Electrical Engineering

2.4%

Liberal Arts

2.4%

Biology

2.3%

Computer Information Systems

2.2%

Education

2.0%
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Degrees

Bachelors

37.6%

Other

23.8%

Masters

17.3%

Associate

12.7%

Certificate

5.2%

Diploma

2.5%

Doctorate

0.5%

License

0.3%
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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

ProceduresFinancialTransactionsCustomerServiceEnsureComplianceDataEntryBiologicalSafetyCabinetsAuditSalesFloorVanguardSortAssetTransfersNewAccountsSpecialProjectsProcessImprovementBatchRecordsQualityStandardsCustomerSatisfactionNewAssociatesBusinessProcessCreditCard

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Top Process Associate Skills

  1. Procedures
  2. Financial Transactions
  3. Customer Service
You can check out examples of real life uses of top skills on resumes here:
  • Maintained standard operating procedures and good manufacturing procedures, while ensuring quality to patients.
  • Processed transactions for monetary and non monetary financial transactions.
  • Recognized as employee of the month for Service Excellence in providing excellent customer service.
  • Monitored all transactions and ensure compliance to quality regulations and maintain effective relationships with clients.
  • Processed mail, utilized data entry skills.

Top Process Associate Employers

Process Associate Videos

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