Senior accountants are responsible for reconciling account balances and bank statements, maintaining a general ledger. They must be able to prepare month-end close procedures. It may benefit them to have experience collaborating or managing a team of accountants and junior accountants.
They may be required to have a bachelors' degree, though some institutions also accept high school diplomas or GED. It might be beneficial to have experience as an accounting associate, accounts payable clerk, or staff accountant.
Senior accountants can expect to make an average salary of $74,759 per year, or $35.94 per hour. They may even earn more, as there are many benefits to additional payments. Their employers will expect them to be excellent in analysis to analyze financial reports and forecasts. If they are perfect in research, they can earn more.
There is more than meets the eye when it comes to being a senior accounting associate. For example, did you know that they make an average of $36.57 an hour? That's $76,072 a year!
Between 2018 and 2028, the career is expected to grow -4% and produce -65,800 job opportunities across the U.S.
There are certain skills that many senior accounting associates 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 computer skills, integrity and detail oriented.
When it comes to the most important skills required to be a senior accounting associate, we found that a lot of resumes listed 13.5% of senior accounting associates included gaap, while 9.1% of resumes included general ledger accounts, and 7.6% of resumes included financial statements. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior accounting associate job title. But what industry to start with? Most senior accounting associates actually find jobs in the finance and manufacturing industries.
If you're interested in becoming a senior accounting associate, one of the first things to consider is how much education you need. We've determined that 60.9% of senior accounting associates have a bachelor's degree. In terms of higher education levels, we found that 8.8% of senior accounting associates have master's degrees. Even though most senior accounting associates 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 senior accounting associate. When we researched the most common majors for a senior accounting associate, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on senior accounting associate resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a senior accounting associate. In fact, many senior accounting associate jobs require experience in a role such as accounting associate. Meanwhile, many senior accounting associates also have previous career experience in roles such as accounts payable clerk or staff accountant.