If you’re looking for a job in New York, you’ve heard that accountants make good money. But, what exactly is a New York accountant‘s job profile, and who hires them? This article will walk you through the duties and responsibilities of an accountant, the salary range, and employers hiring accountants. Then, you can use this information to land a great new job in New York and start earning money right away.
Accounting jobs in NYC pay well
As the world’s financial capital, accountant jobs in New York City pay well. According to the BLS, full-time accountants in New York City earn a median salary of $65,940. Top-tier accountants can earn up to $116,000 or more per year. The average salary for an accountant in NYC is $65,810 per year.
Forensic accountants earn $123,670 annually or $128,100 in the NYC metro area. Controllers are significant in New York financial services firms and other corporations. At the median level, controllers earn $199,230, while those in the top 75 percent earn more than $208,000. However, there are many other types of accounting jobs in NYC that can pay well. However, before you get started, you should build up your credentials and network through LinkedIn.
Duties and responsibilities
A job as an accountant in New York involves providing financial reports to management and conducting audits. In addition, these individuals should have excellent communication and organizational skills. They must be able to maintain digital financial records, analyze and summarize business transactions, and create accurate reports based on their findings. They must also be able to coordinate income tax research and planning and organize and store all tax documents. Other duties of an accountant include acting as a consultant to management and participating in activities such as strategic planning, fraud prevention, and budget development.
In addition, accountants document business financial transactions over time and compile information needed for entry preparation in the company’s accounts. As a result, accountants often find discrepancies in the data recorded and must resolve them. In addition, accountants typically observe established accounting control procedures through a software program. They also handle other finance-related tasks, such as monitoring the efficiency of accounting controls and monitoring compliance with federal and state regulations.
New York, the financial capital of the United States, is a hotbed for accounting professionals. Because of its extensive financial services industry, the salary range for an accountant in New York City can range from $72,307 to $168,879 a year. Listed below are some of the salaries associated with the role and the salary ranges of different positions within the city. A wage of this magnitude is quite competitive and can be an excellent opportunity for anyone with a keen eye for numbers.
New York City’s accounting firms are filled with professionals with various experience levels. Starting salaries for staff accountants are $36,940. Cost accountants earn $47,000 to $50,000 annually, while senior-level positions earn $59,510 to $71,340. Topping that salary range are forensic accountants, who conduct investigations to prevent fraud and ensure the accuracy of financial statements. Forensic accountants earn $162,900 a year.
As an accountant, you’re likely to have the skills and expertise employers look for in their next position. But how do you find that job? Here’s a look at some tips for employers hiring New York accountants. First, one of the best ways to find a job is to look online. Job boards will usually list open positions, and you can use them to create a resume and cover letter. In addition, it’s a good idea to network on LinkedIn and build your credentials.
Accounting professionals can find many job opportunities, from part-time bookkeeper jobs at small businesses to full-time senior accountant jobs at mega conglomerates. While most accounting jobs in the city are for full-time accountants, there are opportunities for assistant bookkeepers, tax preparers, and financial analysts. A vital education in accounting can open up many possibilities.