Unveiling the Accounting Assistant Salary Per Hour Rates

If you’re considering a career as an accounting assistant, one of the key factors that may influence your decision is the potential earning capacity. A crucial aspect of this is understanding the average accounting assistant salary per hour in the United States.

As of May 2021, the average hourly wage for accounting assistants was $21.62 according to the Bureau of Labor Statistics. This figure may vary depending on a range of factors, including location, industry, and experience level.

It’s important to note that the accounting assistant hourly wage can differ significantly between different regions of the United States. For instance, the average hourly pay for accounting assistants in New York City is higher than the national average at $27.96 per hour.

Overall, gaining insights into accounting assistant professor salary per hour can guide you in making informed decisions about your career path and financial goals.

Factors Affecting the Accounting Assistant Salary

Accounting assistants play a vital role in the financial stability of organizations. The salary of an accounting assistant can vary significantly depending on several factors. Understanding these factors can help you negotiate a better salary and make informed career decisions.

Education and Experience

Education and experience are among the most critical factors affecting accounting assistant salaries. Accounting assistants with a higher education level and more experience typically have higher salaries than those with less education and experience. A bachelor’s degree in accounting or a related field, such as finance or business, can significantly boost your earning potential as an accounting assistant interview questions and answers.

Compared to those with only a high school diploma, accounting assistants with an associate’s degree earn on average 18% more per hour. Additionally, an accounting assistant with five or more years of experience can earn approximately 25% more per hour than someone with less than one year of experience.

Location

The location of an accounting assistant’s job can also impact their salary. The cost of living in different regions of the United States varies, which affects the salaries of accounting assistants. According to the Bureau of Labor Statistics, the top five states for accounting assistant hourly wages are Alaska, Massachusetts, Connecticut, District of Columbia, and New York.

It’s essential to research the local cost of living and accounting assistant salaries in the region where you plan to work to negotiate a suitable salary.

Industry

The industry in which an accounting assistant works also influences their salary. According to the Bureau of Labor Statistics, the accounting, tax preparation, bookkeeping, and payroll services industry offer the highest hourly wages for accounting assistants compared to other industries.

Keep in mind that working in highly specialized areas of accounting, such as forensic accounting, can result in higher salaries due to the demand for skills and knowledge in those fields.

By understanding the factors that affect accounting assistant salaries, you can make informed decisions about your career and negotiate competitive salaries. Consider continuing education, gaining experience in your field, and seeking job opportunities in industries and locations with higher salaries to achieve your desired earning potential.

Skills and Qualifications for Accounting Assistant Salary Growth

While a college degree is not always required to become an accounting assistant, having a degree in accounting, finance, or business administration can certainly increase a candidate’s salary prospects. Other important qualifications include:

Accounting Assistant Skills

Strong analytical skills are a must-have for anyone interested in working as an accounting assistant. Other essential skills include proficiency in Microsoft Excel, attention to detail, and good communication skills. Additionally, being familiar with accounting software such as QuickBooks or Sage can be highly beneficial.

Accounting Assistant Qualifications

Certifications such as Certified Bookkeeper (CB) or Certified Accounting Technician (CAT) can boost one’s credentials and open up higher paying opportunities. Aspiring accounting assistants can also gain valuable experience through internships or entry-level positions in the field.

Accounting Assistant Salary Progression

As an skills of accounting assistant, they can progress to higher-paying positions such as senior accounting assistant or accounting manager. Additionally, pursuing continued education and professional development can lead to increased earning potential. Networking and building professional relationships within the industry can also open up new opportunities.

By focusing on developing the necessary skills and qualifications, accounting assistants can increase their earning potential and advance their careers in the financial industry.

FAQ

What is the average accounting assistant salary per hour in the United States?

The average accounting assistant salary per hour in the United States ranges from $15 to $25, depending on factors such as experience, education, and location.

What are the factors that affect the accounting assistant salary?

Several factors can influence the accounting assistant salary. These include education level, years of experience, industry, location, and the size of the company.

What skills and qualifications can contribute to accounting assistant salary growth?

Accounting assistants with additional skills and qualifications, such as proficiency in accounting software, knowledge of tax laws, and relevant certifications, have a higher chance of increasing their salary and advancing in their careers.