There are many careers available with an Associate’s in Accounting degree. When choosing an accounting associate’s degree, students can choose from an Associate of Applied Science in Accounting or an Associate of Science in Accounting. While both associate’s in Accounting degrees can lead to entry-level jobs in the accounting field, the Associate in Science degree can be transferred to a bachelor’s degree in accounting if the candidate wishes to pursue higher education. Here are a few of the many careers available with an associate’s in accounting degree.
Accounting assistants do exactly what the name implies: they assist accountants. Their work duties may vary depending on if they’re working for a large accounting firm or one specific accountant. They may perform administrative duties like interacting with customers and answering phones. Accounting assistants may also perform accounting duties such as bookkeeping, payroll, collecting invoices and sending receipts.
Accounting Receivable Clerk
Accounting receivable clerks are responsible for monitoring payments that organizations receive for services rendered or products sold to clients and customers. In addition to collecting and keeping track of the payments, accounting receivable clerks also prepare the invoices that get sent to buyers. Other duties of an accounting receivable clerk are settling discrepancies and disputes from another business or client regarding payment and making daily bank deposits.
Although handling payroll is a huge part of their duties, payroll clerks also perform duties having to do with employee compensation. They maintain administrative records within the department, calculate wages and distribute paychecks. The payroll clerk also monitors employee vacation days, time cards and daily attendance. Other duties of a payroll clerk include printing and issuing paychecks, answering payroll questions, calculating commissions and payroll taxes, print out paychecks and obtain overtime approval from supervisors. They also process the following:
- Garnishment requests
- Employee advances
- Direct deposit payments
- Employment verifications
- Annual W-2 forms
- Reports for taxes, compensation and deductions
Bookkeepers and Accounting Clerk
The U.S. Bureau of Labor Statistics groups accounting clerks and bookkeepers together because they have similar duties, yet they are actually two very different employees. Accounting clerks generally take care of one type of financial transaction, whereas bookkeepers document all financial transactions in an organization. Bookkeepers update statements, produce financial records and analyze financial records. They also receive and document payments while ensuring their accuracy. Accounting clerks, also called payroll clerks or billing clerks, often work in large accounting firms under the supervision of CPAs or senior accountants.
Fiscal technicians have a lot of the same job duties as bookkeepers and accounting assistants. They prepare invoices and requisitions, maintain files and records, prepare and compile reports, set up expenditure reports and balance routine financial accounts. Fiscal technicians must be familiar with bookkeeping methods and terminology and also must be proficient in all office equipment. Other duties include:
- File fiscal transaction documents
- Operate office equipment
- Type purchase orders and correspondence
- Maintain expenditure records
- Keep management aware of project balances
- Tabulate and file budgetary and financial data
When we hear of accounting degrees, we typically think of accountants and CPAs; however, those careers require bachelor’s and master’s degrees. Individuals who enjoy working with numbers don’t have to go through years of college to obtain a job dealing with accounting. After only two years of school, candidates can pursue many careers with an Associate’s in Accounting degree.