1. What is the average salary of an Accountant I?
The average annual salary of Accountant I is $64,067.
In case you are finding an easy salary calculator,
the average hourly pay of Accountant I is $31;
the average weekly pay of Accountant I is $1,232;
the average monthly pay of Accountant I is $5,339.
2. Where can an Accountant I earn the most?
An Accountant I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, an Accountant I earns the most in San Jose, CA, where the annual salary of an Accountant I is $80,405.
3. What is the highest pay for Accountant I?
The highest pay for Accountant I is $75,900.
4. What is the lowest pay for Accountant I?
The lowest pay for Accountant I is $53,360.
5. What are the responsibilities of Accountant I?
Accountant I maintains financial records and ensures that financial transactions are properly recorded. Ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. Being an Accountant I compiles financial data to aid more senior accountants in the preparation of balance sheets, profit and loss statements and other financial reports. Assists in analyzing current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Additionally, Accountant I typically requires a bachelor's degree in accounting or finance. Typically reports to a supervisor or manager. The Accountant I work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Accountant I typically requires 0-2 years of related experience.
6. What are the skills of Accountant I
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.)
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
2.)
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.
3.)
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.