Will “Accounting Associate” be Replaced By Robots? 🤔

98% Chance of Automation

“Accounting Associate” will almost certainly be replaced by robots.

This job is ranked #671 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.

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Job Description

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

Job Details

The SOC (Standard Occupational Classification) code is 43-3031.00
The Mean Annual Wage in the U.S. is $ 40,220.00
The Mean Hourly Wage is $ 19.00
Currently, there are 1,566,960 people on this job

☝️ Information based on the reference occupation “Bookkeeping, Accounting, and Auditing Clerks”.

Also Known As…

Tasks for “Accounting Associate”

Reconcile records of bank transactions.
Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.
Match order forms with invoices, and record the necessary information.
Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
Monitor status of loans and accounts to ensure that payments are up to date.
Code documents according to company procedures.
Reconcile or note and report discrepancies found in records.
Compare computer printouts to manually maintained journals to determine if they match.
Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
Operate computers programmed with accounting software to record, store, and analyze information.
Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
Receive, record, and bank cash, checks, and vouchers.
Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.
Access computerized financial information to answer general questions as well as those related to specific accounts.
Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
Prepare and process payroll information.
Prepare purchase orders and expense reports.
Transfer details from separate journals to general ledgers or data processing sheets.
Compute deductions for income and social security taxes.
Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
Compile budget data and documents, based on estimated revenues and expenses and previous budgets.
Perform personal bookkeeping services.
Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
Maintain inventory records.
Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
Comply with federal, state, and company policies, procedures, and regulations.
Calculate and prepare checks for utilities, taxes, and other payments.
Compile statistical, financial, accounting, or auditing reports and tables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses.
Prepare trial balances of books.

Related Technology & Tools

Receipt books
Financial calculators
10-key calculators
Desktop computers
Notebook computers
Image scanners
Ledger sheets

Financial statement software
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LexisNexis
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AcornSystems Corporate Performance Management
Infor Global Solutions Starbuilder
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Microsoft Word
MethodWare ProAudit Advisor
Microsoft Outlook
PROPHIX Enterprise
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Customer information control system CICS
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ComputerEase
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HCSS HeavyJob
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New Millennium Communications Genesis Accounting
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Heron CrossTie General Ledger
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Yardi
RSM McGladrey Advanced Practice Solutions Paperless Audit
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Pentana audit work system PAWS
Blackbaud The Raiser's Edge
CCIS AccountAbility
Sage 50 Accounting
ATX Total Engagement Office
RSM McGladrey Auditor Assistant
AuditWare
Oracle PeopleSoft
BillingTracker
CYMA IV Accounting for Windows
Microsoft Office
Accutrac Records Management Software
Microsoft Excel
Paisley Cardmap
IBM Cognos Impromptu
BLS Software Invoice!
SAP BusinessObjects Data Integrator
NetSuite ERP
Tax software
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Sage 100 Contractor
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AMS Services AMS Sagitta
Microsoft Dynamics
Roundtable Software Advantage Accounting System
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ACS Technologies ACS Financial Suite
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ADP Pay eXpert
HCSS HeavyBid
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Healthcare common procedure coding system HCPCS
SAP Crystal Reports
HMS
Softrax Revenue Management
Microsoft PowerPoint
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Accurate NXG
Oracle E-Business Suite Financials
Paisley AutoAudit
UA Business Software Professional Edition
Tumbleweed SecureTransport
ATX Total Accounting Office
American HealthTech Financial
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Corporate Responsibility System Technologies Limited CRSTL Compliance Positioning System
Best MIP Fund Accounting
Intuit Quicken
Automation Counselors municiPAL
Sage ACT!
General ledger software
SAP Business Objects
IBM Notes
FlexiFinancials FlexiLedger
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Microsoft Internet Explorer
ADP Workforce Now
Word processing software
Human resource management software HRMS
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Microsoft Access
Microsoft Dynamics GP