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$14

$25

$37

How much do accounting associate jobs pay per hour?

As of Jul 25, 2026, the average hourly pay for accounting associate in Springfield, NJ is $25.95, according to ZipRecruiter salary data. Most workers in this role earn between $21.01 and $29.52 per hour, depending on experience, location, and employer.

What are some typical challenges Accounting Associates face when managing multiple deadlines?

Accounting Associates often juggle various tasks such as processing invoices, reconciling accounts, and preparing financial reports, all of which may have overlapping deadlines. Balancing these responsibilities requires strong organizational skills and effective time management. It's common to use accounting software and spreadsheets to prioritize work, but unexpected requests or discrepancies can arise, requiring quick problem-solving. Staying proactive in communication with team members and supervisors helps ensure that critical deadlines are met without compromising accuracy.

Can you make $100,000 as an accountant?

Accounting associates typically earn less than $100,000 annually, especially at entry and mid-level positions. Higher salaries are often achieved with advanced certifications like CPA, more experience, or in senior roles such as senior accountant or accounting manager. Salary varies based on industry, location, and company size.

What are Accounting Associates?

Accounting Associates are entry- to mid-level professionals who assist with the daily financial operations of a business or organization. Their main responsibilities often include processing invoices, managing accounts payable and receivable, reconciling bank statements, and preparing basic financial reports. They work closely with accountants and other finance team members to ensure accurate record-keeping and compliance with relevant regulations. This role often serves as a stepping stone for those looking to advance in the accounting or finance field.

What Is an Accounting Associate?

An accounting associate provides basic bookkeeping assistance to auditors or accountants at a company. As an accounting associate, your primary duties include writing reports, providing data analysis and entry, and maintaining good relationships with company clients. You may also provide clerical assistance to the accounting or auditing department. Qualifications for the job include an associate degree or higher in accounting, statistics, or economics, and experience working in the insurance or financial fields. To succeed in this career, you need excellent math, communication, and organizational skills. An accounting associate is an entry-level role perfect for aspiring accountants.

What is an accounting associate?

An accounting associate is a professional responsible for supporting accounting functions such as data entry, bookkeeping, preparing financial reports, and assisting with audits. They typically use accounting software like QuickBooks or Excel and may require a basic understanding of accounting principles and certifications like an associate degree in accounting or finance.

Can I get a good job with an associate's in accounting?

An associate's degree in accounting can qualify you for entry-level positions such as accounting clerk or bookkeeper, which often involve tasks like data entry, invoicing, and basic financial record keeping. Advancing in the field typically requires gaining experience, developing skills in accounting software like QuickBooks or Excel, and pursuing certifications such as the Certified Bookkeeper or CPA for higher-level roles.

What are the key skills and qualifications needed to thrive as an Accounting Associate, and why are they important?

To thrive as an Accounting Associate, you need a solid understanding of basic accounting principles, attention to detail, and a degree in accounting or finance. Familiarity with accounting software such as QuickBooks, Microsoft Excel, and ERP systems, as well as relevant certifications like a CPA or Bookkeeping certification, is often required. Strong organizational skills, analytical thinking, and effective communication set outstanding candidates apart. These skills ensure accurate financial records, compliance with regulations, and efficient support for business operations.

What is the difference between Accounting Associate vs Bookkeeper?

AspectAccounting AssociateBookkeeper
CredentialsTypically an associate degree in accounting or related fieldHigh school diploma or equivalent; some may have certifications
Work EnvironmentCorporate offices, accounting firms, finance departmentsSmall businesses, freelance, or in-house for various companies
Job ResponsibilitiesData entry, assisting with financial reports, supporting accountantsRecording financial transactions, maintaining ledgers, reconciling accounts

While both roles handle financial data, an Accounting Associate often works alongside accountants in more analytical tasks, whereas a Bookkeeper focuses on recording and maintaining financial records. The roles are complementary but differ in scope and complexity.

What does an accountant associate do?

An accounting associate supports financial operations by preparing and maintaining financial records, reconciling accounts, and assisting with audits. They often use accounting software like QuickBooks or Excel and may perform tasks such as data entry, invoice processing, and basic financial analysis under supervision.
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Accounting Associate jobs near you
Investment Accounting & Reporting Associate Director

Investment Accounting & Reporting Associate Director

Zurich Insurance Group

Parsippany, NJ

Other

Posted 25 days ago

Job description

Zurich Group Investment Management, Inc. (ZGIM), a part of Zurich North America, is seeking an Investment Accounting & Reporting Associate Director to join the Investment Administration and Accounting (IAA) team. The candidate selected will be located at our Parsippany, NJ office.

At Investment Administration & Accounting (IAA), expertise and quality are the foundations of everything we do. As the investment landscape grows more complex and technology rapidly evolves, we rely on deep technical competence, strong analytical capability, and a commitment to excellence to deliver high quality outcomes for the business. Our thorough understanding of investment processes, financial instruments, and regulatory frameworks enables us to adapt quickly, uphold rigorous standards, and provide timely, meaningful support to our partners and stakeholders.

IAA is a global function within Zurich Investment Management, responsible for ensuring the accuracy, transparency, and governance of investment accounting, valuation, and reporting activities across the organization. We safeguard the integrity of investment data, ensure compliance with regulatory and audit requirements, and deliver insights that shape strategic portfolio and business decisions. Through this critical work, our team plays a central role in strengthening the reliability and credibility of investment information enterprise wide.

We are continuously enhancing and standardizing our processes across regions, leveraging technology, automation, and cross-team collaboration to drive efficiency and build operational resilience. As a trusted partner to Investment Management, Finance, and Operations, we are committed to delivering reliable, transparent, and high-quality investment information that supports effective decision making across the company.

Responsibilities:

  • Leading and overseeing investment subledger activities, applying deep expertise in security accounting, valuation processes, and posting logic, and ensuring accurate configuration and operation of subledger system processes
  • Executing and reviewing monthly close and reporting processes, including preparation and delivery of monthly and quarterly investment reports for internal stakeholders, auditors, and business partners.
  • Serving as the escalation point for complex issues, performing advanced review, interpretation of root cause analysis, and driving corrective actions
  • Acting as a senior technical accounting contributor in the monthly hard-close cycle, ensuring timely, high-quality delivery of investment accounting results
  • Applying strong knowledge of IFRS, US Statutory (NAIC), US GAAP, and US Tax to analyze instrument behavior, validate results, provide insights, and address audit or reporting inquiries
  • Preparing, reviewing, and NAIC statutory investment schedules, ensuring accurate reporting, and compliance with evolving NAIC requirements
  • Preparing, reviewing, and validating US Tax reporting data, ensuring accurate tax basis calculations, compliance with IRS rules, and high-quality production of tax schedules
  • Leading cross functional improvement initiatives that strengthen reporting quality, internal controls end-to-end process effectiveness
  • Driving digitalization and automation using tools such as Power BI, Power Automate, Python, and AI agents to enhance data accuracy, timeliness, and operational productivity
  • Contributing to the development, enhancement, and maintenance of internal controls and quality assurance processes, ensuring accuracy, compliance, and risk mitigation across all investment accounting and reporting activities
  • Providing technical coaching and guidance to Associates and Senior Associates to strengthen analytical capabilities, elevate reporting quality, and ensure consistent application of accounting policies and control standards across the team

Basic Qualifications:

  • Bachelor's Degree in Investment Accounting or Finance with 5 or more years of experience OR
  • High School Diploma (or equivalent) and 7-10+ years of experience in the Investment Accounting or Finance area AND
  • Demonstrated knowledge and practical application of IFRS, US Statutory & US Tax accounting principles

Preferred Qualifications:

  • Professional accounting designation (CPA/CA/ACCA or equivalent)
  • 2+ years of post-qualified accounting or investment accounting experience
  • Public accounting experience preferred
  • CFA designation
  • Proficiency with SAP, BW, or other investment subledger/reporting platforms
  • Demonstrated knowledge of fixed income, structured products, private debt, and alternative assets
  • Proficiency in data analytics.  Experienced using tools such as Excel and business intelligence platforms (e.g., Power BI, Tableau) to support decision-making and contribute to business value.
  • Advanced influencing and stakeholder management skills, with the ability to align cross functional teams and support decision making across Finance, Investment Management, and Operations.
  • Demonstrated ability to coach and support Associates, fostering capability growth, technical development, and consistent application of accounting and reporting standards
  • Proactive, solutions-oriented mindset, with the ability to anticipate issues, recommend improvements, and drive operational efficiency
  • Ability to lead and execute work independently, managing competing priorities in a fast paced, deadline driven environment
  • Demonstrated expertise in driving transformation, automation, and operational excellence initiatives within investment accounting and reporting functions.  
  • Strong problem solving and decision-making abilities
  • Strong written and verbal communication skills
  • Strong motivation to stay current with emerging technologies, including the practical application of AI features, to drive innovation and continuous improvement

Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us.

The pay range shown is a national average and may vary by location. The proposed salary range for this position is $94,750 - $155,125, with short-term incentive bonus eligibility set at 15%.

 

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

 

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment-so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500.

Join us for a brighter future-for yourself and our customers.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code 1033.

 

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

Location(s): AM - Parsippany
Remote Working: Yes
Schedule: Full Time
Employment Sponsorship Offered: No  
Linkedin Recruiter Tag: #LI-MG1 #LI-ASSOCIATE #LI-HYBRID 

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