Accountant Jobs in New York City, New York: Salary Overview and Job Description

Accountant Jobs in New York City, New York: Salary Overview and Job Description

New York City, a global hub for finance and business, offers lucrative career opportunities for accountants. This article provides an in-depth overview of accountant jobs in New York City, including salary ranges and a detailed job description.

Salary Overview

Accountant salaries in New York City vary based on factors such as industry, company size, experience, and certifications.

– Entry-Level Accountant (0-3 years): $55,000-$80,000 per year

– Staff Accountant (4-7 years): $80,000-$110,000 per year

– Senior Accountant (8-12 years): $110,000-$140,000 per year

– Managerial Accountant (13+ years): $140,000-$180,000 per year

Job Description

Key Responsibilities:

  1. Financial Statement Preparation: Prepare financial statements and reports.
  2. Auditing and Compliance: Ensure compliance with accounting standards and regulations.
  3. Budgeting and Forecasting: Develop and manage budgets and forecasts.
  4. Financial Analysis: Conduct financial analysis and provide insights.
  5. Account Reconciliation: Reconcile accounts and resolve discrepancies.
  6. Tax Preparation: Prepare and review tax returns.
  7. Financial Planning: Develop financial plans and strategies.
  8. Internal Control: Evaluate and maintain internal controls.

Requirements:

  1. Education: Bachelor’s degree in Accounting or related field.
  2. Certifications: CPA, CMA, or CFA preferred.
  3. Experience: Minimum 2-5 years of accounting experience.
  4. Language Skills: Fluency in English.
  5. Technical Skills: Proficiency in accounting software.

Industry-Specific Requirements

  1. Financial Services: Knowledge of financial markets and instruments.
  2. Healthcare: Understanding of medical accounting and billing.
  3. Technology: Familiarity with software development and project management.

Career Path and Progression

  1. Entry-Level Accountant: Staff Accountant
  2. Staff Accountant: Senior Accountant
  3. Senior Accountant: Managerial Accountant
  4. Managerial Accountant: Financial Controller or Director

Challenges and Opportunities

  1. Regulatory Complexity: Navigate complex regulatory environment.
  2. Economic Volatility: Manage financial risks amidst economic uncertainty.
  3. Growth Opportunities: Identify emerging opportunities in accounting.
  4. Talent Development: Attract and retain top accounting talent.

Skills Required

  1. Financial statement preparation
  2. Auditing and compliance
  3. Budgeting and forecasting
  4. Financial analysis
  5. Account reconciliation
  6. Tax preparation
  7. Financial planning
  8. Internal control
  9. Communication and interpersonal skills
  10. Technical skills in accounting software

Average Salary Growth Rate: 8-10% per annum

Job Satisfaction Rate: 8/10

Conclusion

Accountant jobs in New York City offer challenging and rewarding career opportunities. With competitive salaries and growing demand, New York City is an attractive destination for accounting professionals.

If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com

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