What does an Associate Accountant do?
Accountants are responsible for a wide variety of finance-related tasks that are primarily associated with preparing financial records. These tasks oftentimes include computing taxes and preparing tax returns, organizing and maintaining financial records, and ensuring statements are accurate. Accountants in the United States must perform all of this work while abiding by Generally Accepted Accounting Principles (GAAP).
Accountants generally have a bachelor's degree in accounting, finance, or a related field. In addition, many accountants have a Certified Public Accountant (CPA) credential, which is obtained by passing a national exam and a completing a minimum number of college coursework hours. Accountants usually fall into one of four categories: public accountant, management accountant, government accountant, or internal auditor.
- Assist in the preparation of financial reports such as financial statements and budget performance
- Ensure compliance with applicable standards (i.e. GAAP, FASB), rules, regulations, and systems of internal control
- Aid in the implementation of new accounting policies, standards, and guidelines
- Provide accurate, timely, and relevant recording, reporting, and analysis of financial information
- Identify areas for improvement and implement improvements to processes
- Assist with and act as the primary point-of-contact for auditor requests
- Handle sensitive information in a confidential manner
- Bachelor's degree in Accounting, Finance, or a related field, or an equivalent combination of education, training and experience
- 2-5 years of accounting/finance experience
- Demonstrate intermediate to advanced skills and knowledge of Excel, as well as other Microsoft Office applications
- Strong analytical and problem-solving skills
- Experience with accounting software
- Excellent interpersonal skills to communicate effectively across the organization
- Thorough knowledge of general ledger accounting and account reconciliation
- Highly detail-oriented
Associate Accountant Salaries near Singapore
Average Base Pay
Associate Accountant Career Path
Learn how to become an Associate Accountant, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Years of Experience Distribution
Associate Accountant Insights
Epixel Solutions“One of the best things about it is how friendly and supportive our bosses are.”
Ascent CFO Solutions“Working at Ascent is great if you like to work remotely and have a flexible schedule.”
EY“team is really supportive and they are the some of the best people i have met”
“Strives for the best Not just a number Good and quality client relationships Quality training Friendly well”
Third Eye Blind Productions“The management is very helpful and I personally enjoy working in such a fun and chill environment!”
McKissack & McKissack“No work life balance so don’t apply to accounting if you want a career and balance”
Havas Formula“Hybrid schedule which is great when traffic is starting to get bad in San Diego.”
Relaxo Footwear“It's a good career opportunity just to show that you have worked in MNC & nothing else is good.”
Frequently asked questions about the role and responsibilities of accountants
Accountants spend their day recording the financial data of a company or individual. They also prepare tax returns and conduct risk analyses and financial forecasts. They must ensure the accuracy of all transactions.
Accountancy is a good career for those who enjoy working with numbers, and it's a very stable career. The hours and working environment are generally good, although tax deadlines can mean longer hours at times.
Yes, successful accountants get paid reasonably well. The average base pay of an accountant in the United States is $3,400 per year. The most experienced and skilled accountants can make up to $3,500 per year.
Working as an accountant can be challenging at times. They must ensure that all financial transactions are correct and legally compliant. They can also experience more pressure as financial and tax deadlines approach.