As of May 01, 2025, the average annual salary for a General Accountant II in Newark, NJ is $81,960. Salary.com reports that pay typically ranges from $74,980 to $87,820, with most professionals earning between $68,625 and $93,155.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $87,820 | $7,318 | $1,689 | $42 |
| Average | $81,960 | $6,830 | $1,576 | $39 |
| 25th Percentile | $74,980 | $6,248 | $1,442 | $36 |
An entry-level General Accountant II with under 1 year experience makes about $79,669. With less than 2 years of experience, a mid-level General Accountant II makes around $79,877. After 2-4 years, the General Accountant II pay rises to about $82,400. Those senior General Accountant II with 5-8 years of experience earn roughly $84,847, and those General Accountant II having 8 years or more experience are expected to earn about $85,021 on average.
| Levels | Salary |
|---|---|
| Entry Level General Accountant II | $79,669 |
| Intermediate Level General Accountant II | $79,877 |
| Senior Level General Accountant II | $82,400 |
| Specialist Level General Accountant II | $84,847 |
| Expert Level General Accountant II | $85,021 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 4% |
| Experienced | 4% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
Internal Control: Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
| Skill | Salary | Demand |
|---|---|---|
|
Leadership
|
$86,058 |
5%
|
|
Consulting
|
$86,058 |
5%
|
|
Revenue Recognition
|
$86,058 |
5%
|
|
Internal Control
|
$85,238 |
4%
|
|
Finance and Accounting
|
$85,238 |
4%
|
|
Initiative
|
$85,238 |
4%
|
