Earning an online Associate degree in Accounting is a good starting point. Besides having to earn an associate degree before any other degree, there are several options you may want to consider as career choices if the associate degree is your end goal…or just your starting point.
All companies, either small or large, require accounting services and are the key to a successful business. Accounting personnel are required to be good stewards of the company’s finances, to abide by state and federal regulations and ensure a positive outcome for all involved, owners, as well as, employees.
Do you have the characteristics and skills to be in the field of accounting? Ethics and discretion is very important. You must be a person with integrity and objectivity, in addition to, maintaining confidentiality in all aspects of business, at all times. You must be free from any conflicts of interest or other questionable business practices. The accounting employee must be well-organized, detail-oriented and a good communicator.
An online Associate degree in Accounting program is an excellent foundation on which to build upon, however, upon graduating from your coursework, you will be eligible for a position as an Accounts Receivables Clerk, Bookkeeper, Billing Clerk or an Accounting Assistant. Each of these positions are typically entry-level, leaving room for advancement as you gain valuable experience.
The Accounts Receivables Clerk receives customer payments either through cash, checks or credit cards. They post each payment to reflect the new balance owed. They often are responsible for aging accounts and collecting on past due accounts. The typical salary for this position ranges from between $34,640 – $43,044 annually, with the median annual salary of $38,578, depending on experience.
A Bookkeeper earning approximately $37,250 per year is responsible for any number of general accounting procedures, including a general ledger, accounts payable, accounts receivable, invoicing, balancing bank statements and produces financial statements.
The average range of salary for the Billing Clerk is between $33,300 – $45,530. This varies widely, depending on job location. The basic function of the Billing Clerk describes the essential task of creating invoices and issuing credit memos, as needed. Your duties may also include gathering sales information and calculating charges due. The Billing Clerk must pay attention to details and be consistently accurate with their numbers according to reported sales or services.
Accounting Assistants are often employed by accounting firms to support the Certified Public Accountants. Their responsibilities involve general clerical duties such as typing, receptionist and filing duties, in addition to, general accounting practices. They also invoice customers and post customer payments. The typical salary for an Accounting Assistant ranges from between $21,450 – $53,250 per year, with an average pay of $36,120 annually.
As you can see, an online associate degree in the field of accounting will allow you to get your foot in the door at any reputable company or accounting firm, however, it is primarily just a nice stepping stone to success while you consider earning your Bachelor’s degree in Accounting. An online class while maintaining a current job is ideal for those wanting to advance in their career and need flexibility and convenience while furthering their education. If you are interested in a career in accounting, feel free to check out our list of the Best Online Schools for Associates of Accounting degrees to help you along your educational journey.