Staff accountants, who will commonly work under the supervision of a senior accountant or other staff in their department, are responsible for conducting financial record keeping and recording transactions. They may also be expected to process credit payments and reconcile accounts, as well as fill out taxes forms and prepare reports on the company’s finances.
A staff accountant is usually the lowest person on the accounting chain. They do their own research and financial analysis with the assistance of their supervisor, who reviews and approves their work. As they gain experience, they may be promoted to a higher level account; one step closer to CPA certification
Accountants are responsible for maintaining the financial records of businesses and organizations. They prepare tax returns, manage the accounting department and deal with any legal issues that arise. Accountants typically have a bachelor’s degree in accounting and be licensed to practice in their industry. Salaries vary according to specialization within the field, although all accountants can expect a starting salary between $30,000 and $50,000 per year
Salary For Staff Accountant Overview
Staff Accountant Salary
A staff accountant is an accountant who has 3 years of experience and typically works in a corporate environment. In some cases, they may also work with small businesses. The duties of a staff accountant vary depending on the company they work for. A staff accountant typically earns between $50,000 and $70,000 per year. The average salary for a staff accountant in New York City is $69,000 per year.
It’s no secret that New York City is one of the most expensive cities in the world. It’s also known for having some of the best food, museums and art galleries, and nightlife. So if you’re looking to live in the Big Apple and make a living as a staff accountant, you’ll need to make sure that your salary can cover your living expenses.
The average salary for a staff accountant with 3 years experience in New York City is $45,000 per year. However, this number can vary depending on where you work. If you’re working for a small company or non-profit organization, it’s likely that your salary will be lower than this number.
If you’re looking for an experienced staff accountant salary nyc or just want to learn more about what duties are expected of an accountant at different levels of experience, we’ve got all the information you need!
Who Is A Staff Accountant
Many businesses rely on staff accountants to handle the “math” of the business. But that’s just a lazy way for saying you’ll be in charge of handling the budget and tax requirements. Basically, any financial records will be prepared and examined by you.
Depending on the industry you’re in, the majority of the year will be your “busy season.” Some industries this may not apply and you’ll only be required to work the normal 40-hour work week.
Typically, staff accountants need a bit of an education to find a job. And no, we’re not talking about a high school degree. Most employers prefer you to have a bachelor’s degree. Here’s to learning more math!
There is more than meets the eye when it comes to being a Staff Accountant. For example, did you know that they make an average of $25.31 an hour? That’s $52,650 a year!
What Do Staff Accountants Do?
Staff accountants perform a wide range of duties related to financial records and taxation. Some staff accountants work under a CPA, helping them with organizing financial documents, staying compliant with government regulations and preparing tax returns for clients. Others work for companies, usually under a senior accountant, doing things like payroll, receivables and financial statements.
How Do You Become a Staff Accountant?
Staff accountant is an entry-level position in the accounting profession, so many start out in this role. Most employers will look for candidates who hold at least a bachelor’s degree in accounting, though sometimes bookkeepers and clerks can work their way up to a staff accountant position by showing they have the necessary skills. Other employers may be pickier, preferring applicants who are working toward becoming a CPA (more on this below)
Staff Accountants Average salary and compensation
The average salary for a staff accountant is $68,500 in the United States. Position salary will vary based on experience, education, company size, industry, and market.
| Location | Salary Low | Salary High |
|---|---|---|
| Phoenix, Arizona | $68,000 | $92,150 |
| Los Angeles, California | $76,850 | $104,000 |
| Denver, Colorado | $64,050 | $86,650 |
| Washington, DC | $78,000 | $105,550 |
| Miami, Florida | $63,750 | $86,250 |
| Orlando, Florida | $58,800 | $79,550 |
| Tampa, Florida | $59,400 | $80,350 |
| Atlanta, Georgia | $62,300 | $84,300 |
| Chicago, Illinois | $71,600 | $96,900 |
| Boston, Massachusetts | $77,450 | $104,750 |
| Minneapolis-St. Paul, Minnesota | $61,700 | $83,500 |
| New York City, New York | $81,500 | $110,300 |
| Philadelphia, Pennsylvania | $66,400 | $89,800 |
| Dallas, Texas | $64,650 | $87,450 |
| Houston, Texas | $64,050 | $86,650 |
| Seattle, Washington | $74,550 | $100,850 |
| National Average | $58,250 | $78,800 |
