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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

  • $81,530

    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
Specialist Analyst Finance Analyst
Accounting Manager
8 Yearsyrs
Office Manager Office Administrator
Administrative Manager
6 Yearsyrs
Analyst Finance Analyst Accounting Manager
Assistant Controller
6 Yearsyrs
Business Analyst Product Manager Operations Manager
Assistant Vice President
7 Yearsyrs
Processing Specialist Analyst Accounts Receivable Specialist
Business Office Manager
8 Yearsyrs
Project Manager General Manager Business Manager
Business Operations Manager
8 Yearsyrs
Specialist Account Manager
Client Services Manager
7 Yearsyrs
Office Manager Account Representative Collector
Collections Manager
5 Yearsyrs
Material Handler Quality Control Inspector Quality Assurance Manager
Compliance Manager
9 Yearsyrs
Project Manager Senior Manager Controller
Controller/Office Manager
7 Yearsyrs
Business Analyst Senior Finance Analyst Controller
Finance Controller
9 Yearsyrs
Account Representative Accounts Payable Clerk Payroll Specialist
Payroll/Human Resource Manager
7 Yearsyrs
Accounts Payable Clerk Staff Accountant Accounting Manager
Plant Controller
10 Yearsyrs
Material Handler Production Supervisor Production Manager
Processing Manager
7 Yearsyrs
Processing Specialist Specialist Account Manager
Purchasing Manager
9 Yearsyrs
Data Analyst Business Analyst Quality Assurance Lead
Quality Assurance Manager
9 Yearsyrs
Accounts Payable Clerk Specialist Account Manager
Relationship Manager
6 Yearsyrs
Analyst Business Analyst Senior Consultant
Senior Manager
10 Yearsyrs
Data Analyst Project Coordinator Operations Manager
Supply Chain Manager
10 Yearsyrs
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Process Associate Demographics

Gender

Female

55.4%

Male

41.9%

Unknown

2.7%
Ethnicity

White

57.2%

Asian

13.9%

Hispanic or Latino

13.3%

Black or African American

11.1%

Unknown

4.4%
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Foreign Languages Spoken

Spanish

37.6%

French

7.5%

Chinese

6.8%

Hindi

6.0%

Mandarin

5.3%

Cantonese

4.5%

Japanese

4.5%

Kannada

4.5%

Tamil

3.8%

Portuguese

3.0%

Telugu

2.3%

Marathi

2.3%

Korean

2.3%

Bengali

1.5%

Russian

1.5%

Carrier

1.5%

Tagalog

1.5%

German

1.5%

Polish

1.5%

Vietnamese

0.8%
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Process Associate Education

Schools

University of Phoenix

14.4%

West Chester University of Pennsylvania

6.9%

Montgomery County Community College

6.5%

Strayer University

6.0%

Villanova University

6.0%

Hinds Community College

5.6%

Arizona State University

5.6%

Temple University

5.6%

University of North Carolina at Greensboro

4.2%

American InterContinental University

4.2%

Gadsden State Community College

4.2%

Kutztown University of Pennsylvania

3.7%

Central Piedmont Community College

3.7%

University of Central Florida

3.7%

Indiana University of Pennsylvania

3.7%

University of North Carolina at Charlotte

3.7%

Towson University

3.7%

Pennsylvania State University

3.2%

Robert Morris University

2.8%

Ashford University

2.8%
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Majors

Business

31.6%

Accounting

9.7%

Finance

6.9%

Computer Science

5.5%

Management

4.2%

Criminal Justice

3.7%

English

3.4%

Health Care Administration

3.4%

General Studies

3.2%

Psychology

2.9%

Business/Commerce

2.8%

Human Resources Management

2.8%

Communication

2.7%

Marketing

2.7%

Electrical Engineering

2.6%

Liberal Arts

2.6%

Graphic Design

2.6%

Computer Information Systems

2.6%

Biology

2.3%

Information Technology

2.1%
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Degrees

Bachelors

37.0%

Other

24.1%

Masters

17.7%

Associate

12.7%

Certificate

5.0%

Diploma

2.5%

Doctorate

0.6%

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

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  1. Procedures
  2. Financial Transactions
  3. Customer Service
You can check out examples of real life uses of top skills on resumes here:
  • Executed and documented audit procedures related to business process controls including automated application controls for 404 SOX and financial audit purposes.
  • Processed large financial transactions and maintained effective professional relationships with both peers and management.
  • Provided customer service while ensuring products were continually stocked, replenished and merchandised while monitoring asset protection.
  • Analyze and compare excel spreadsheet information to client information to ensure regulatory compliance
  • Detailed numeric and alphanumeric data entry of all packages to identify appropriate destination.

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Top 10 Best States for Process Associates

  1. District of Columbia
  2. Delaware
  3. New Jersey
  4. Connecticut
  5. Rhode Island
  6. Texas
  7. Minnesota
  8. Washington
  9. California
  10. Massachusetts
  • (31 jobs)
  • (26 jobs)
  • (98 jobs)
  • (34 jobs)
  • (10 jobs)
  • (216 jobs)
  • (60 jobs)
  • (72 jobs)
  • (385 jobs)
  • (140 jobs)

Top Process Associate Employers

Jobs From Top Process Associate Employers

Process Associate Videos

The Opening - A day in the life of a PwC tax associate

A Day In The Life Of A PwC Associate (Part 1: At Work)

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