Bookkeeper Salary at Semco Machine Corp BETA

How much does a Semco Machine Corp Bookkeeper make?

As of December 2024, the average annual salary for a Bookkeeper at Semco Machine Corp is $36,928, which translates to approximately $18 per hour. Salaries for Bookkeeper at Semco Machine Corp typically range from $33,487 to $40,017, 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.

Semco Machine Corp Overview

Website:
camtrac.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
MFG Durable

Semco Machine Corporation is committed to excellence. Founded in 1989, our 16,000 square-foot state-of-the-art facility in Wrentham, Massaschusetts boasts the latest in engineering and design capability. A recognized leader and one of the nation's largest manufacturers of electro-mechanical test fixturing and components, Semco provides standard and custom engineered test fixturing, including precision machined components to high-tech companies throughout the world. Our 10,000 square-foot machine shop is equipped with the latest in automated computer-controlled equipment to provide the ultimate in precise tolerance control and high throughput and fast turnaround. As an owner-operated business, Semco is capable of offering outstanding service, exceeding each customer's expectations while providing complete design and manufacturing services to meet your most stringent testing requirements. We proudly provide jobs for America by designing and manufacturing 100% of our products in our Wrentham, Massachusetts factory. Semco's management and engineers are veterans in their line of work, bringing decades of experience to every project. Semco's goal is to provide its customers with outstanding testing capabilities, quality, and superior service. With us, all aspects of your project will run smoothly and be cost-efficient. We look forward to working with you to assist with all your test fixturing needs.

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What Skills Does a person Need at Semco Machine Corp?

At Semco Machine Corp, 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 Semco Machine Corp

Job Title Average Semco Machine Corp Salary Hourly Rate
2 Inside Sales $45,681 $22
3 Office Manager $70,715 $34

Hourly Pay at Semco Machine Corp

The average hourly pay at Semco Machine Corp for a Bookkeeper is $18 per hour. The location, department, and job description all have an impact on the typical compensation for Semco Machine Corp positions. The pay range and total remuneration for the job title are shown in the table below. Semco Machine Corp may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $36,928 look to you?

FAQ about Salary and Jobs at Semco Machine Corp

1. How much does Semco Machine Corp pay per hour?
The average hourly pay is $18. 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 Semco Machine Corp?
According to the data, the highest approximate salary is about $40,017 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 Semco Machine Corp?
According to the data, the lowest estimated salary is about $33,487 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.