First Western Equipment Finance Salary for Bookkeeper BETA

What is the average salary for a Bookkeeper at First Western Equipment Finance in the United States?
Based on our data, it appears that the optimal compensation range for a Bookkeeper at First Western Equipment Finance is between $34,936 and $42,095, with an average salary of $38,688. Salaries can vary widely depending on the region, the department and many other important factors such as the employee’s level of education, certifications and additional skills.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

First Western Equipment Finance Overview

Website:
firstwesternef.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

First Western Equipment Finance was founded in 1972, as an in-house financing division of Advance Machine Company (now Nilfisk-Advance), in Minneapolis, Minnesota. First Western Equipment Finance was purchased and held privately in 1974. We continued to serve as a national lease and finance company, operating as an independent third-party lender until the late 1990s. In 2002, First Western Equipment Finance became a division of First Western Bank & Trust of Minot, North Dakota. This has provided us the ability to offer attractive financing rates and full-service equipment financing solutions for both our vendor partners and end-customers. Weve continued to grow, beating internal goals and records every year since 2012.

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What Skills Does a person Need at First Western Equipment Finance?

At First Western Equipment Finance, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Bookkeeping: Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process. Bookkeeping is the work of a bookkeeper (or book-keeper), who records the day-to-day financial transactions of a business. They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash book, suppliers ledger, customer ledger, etc.—and the general ledger. Thereafter, an accountant can create financial reports from the information recorded by the bookkeeper.
  2. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  3. Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
  4. Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
  5. General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.

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Check more jobs information at First Western Equipment Finance

Job Title Average First Western Equipment Finance Salary Hourly Rate
2 Business Development Manager $119,754 $58
3 Senior Account Manager $79,817 $38
4 Manager, Customer Service & Collections $87,521 $42
5 Sales Assistant $45,890 $22
6 Customer Care Representative $38,109 $18
7 Account Manager $70,700 $34
8 Collections $39,411 $19
9 Sales Administrator $89,413 $43

Hourly Pay at First Western Equipment Finance

The average hourly pay at First Western Equipment Finance for a Bookkeeper is $19 per hour. The location, department, and job description all have an impact on the typical compensation for First Western Equipment Finance positions. The pay range and total remuneration for the job title are shown in the table below. First Western Equipment Finance may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $38,688 look to you?

FAQ about Salary and Jobs at First Western Equipment Finance

1. How much does First Western Equipment Finance pay per hour?
The average hourly pay is $19. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at First Western Equipment Finance?
According to the data, the highest approximate salary is about $42,095 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at First Western Equipment Finance?
According to the data, the lowest estimated salary is about $34,936 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.