Accounting Salary at Modco Inc BETA

How much does a Modco Inc Accounting make?

As of December 2024, the average annual salary for an Accounting at Modco Inc is $40,453, which translates to approximately $19 per hour. Salaries for Accounting at Modco Inc typically range from $36,856 to $44,252, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

MODCO Inc Overview

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

MODCO Insurance Agency is a commercial insurance agency that specializes in both property & casualty specifically for the oil & gas industry.

See similar companies related to Modco Inc

What Skills Does a person Need at Modco Inc?

At Modco Inc, 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. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. 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.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  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. 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.

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Check more jobs information at Modco Inc

Job Title Average Modco Inc Salary Hourly Rate
2 Administrative Assistant $43,416 $21
3 Inside Sales $44,540 $21
4 President $688,071 $331
5 Sales Representative $83,212 $40
6 Data Entry Clerk $31,006 $15
7 Director, Operations $155,967 $75
8 General Contractor $57,764 $28

Hourly Pay at Modco Inc

The average hourly pay at Modco Inc for an Accounting is $19 per hour. The location, department, and job description all have an impact on the typical compensation for Modco Inc positions. The pay range and total remuneration for the job title are shown in the table below. Modco Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $40,453 look to you?

FAQ about Salary and Jobs at Modco Inc

1. How much does Modco Inc 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 Modco Inc?
According to the data, the highest approximate salary is about $44,252 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 Modco Inc?
According to the data, the lowest estimated salary is about $36,856 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.