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Exempt Accountant Jobs in Springfield, IL (NOW HIRING)

... exemptions and saving deductions * Preparing reports that include summaries of earnings, tax ... Associate's Degree in Accounting, or another business-related field preferred * 3+ years ...

... exemptions and saving deductions Preparing reports that include summaries of earnings, tax ... Associate's Degree in Accounting, or another business-related field preferred 3+ years' experience ...

Seasonal Tax Expert - Local

Springfield, IL

$14.75 - $18.75/hr

This role is nonexempt and requires onsite presence at a TurboTax location in the United States on ... EA (Enrolled Agent), CPA (Certified Public Accountant), or Practicing Attorney with strong tax ...

This role is nonexempt and requires onsite presence at a TurboTax location in the United States on ... EA (Enrolled Agent), CPA (Certified Public Accountant), or Practicing Attorney with strong tax ...

This role is nonexempt and requires onsite presence at a TurboTax location in the United States on ... EA (Enrolled Agent), CPA (Certified Public Accountant), or Practicing Attorney with strong tax ...

This role is nonexempt and requires onsite presence at a TurboTax location in the United States on ... EA (Enrolled Agent), CPA (Certified Public Accountant), or Practicing Attorney with strong tax ...

This position is Exempt, meaning ineligible for overtime pay Compensation for this position is ... Strong financial acumen, including budget management and accounting principles. * Experience with ...

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Exempt Accountant information

See Springfield, IL salary details

$33.7K

$67.7K

$107.5K

How much do exempt accountant jobs pay per year?

As of Jun 27, 2026, the average yearly pay for exempt accountant in Springfield, IL is $67,718.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,000.00 and $77,800.00 per year, depending on experience, location, and employer.

What are some common challenges faced by Exempt Accountants when managing compliance with changing tax laws?

Exempt Accountants often encounter challenges staying updated with frequently changing tax regulations and ensuring that their organization's financial practices remain compliant. This can involve continuous professional learning, adapting internal processes quickly, and effectively communicating updates to both clients and colleagues. Collaboration with legal and tax advisory teams is crucial, as is maintaining meticulous documentation to avoid compliance issues during audits. Staying proactive and leveraging accounting software can help manage these challenges efficiently.

What is an Exempt Accountant?

An Exempt Accountant is a professional responsible for managing, analyzing, and reporting financial records for an organization, and the term 'exempt' typically refers to their status under the Fair Labor Standards Act (FLSA). This means they are salaried employees who are exempt from overtime pay requirements due to the nature of their job duties and level of responsibility. Exempt Accountants generally handle complex accounting tasks, ensure compliance with financial regulations, and may oversee other staff. Their work is crucial for accurate financial reporting and strategic planning within a business.

What jobs pay $10,000 a month without a degree?

Exempt accountants typically require a degree, but high-paying roles without a degree include sales managers, real estate brokers, and certain tech sales positions, which can reach or exceed $10,000 monthly with experience and commissions. Skilled trades like commercial pilots or specialized construction managers may also earn high salaries without formal degrees, often relying on certifications and experience.

Can you make $500,000 a year as an accountant?

Exempt accountants typically earn between $60,000 and $120,000 annually, with top executives or specialized senior accountants potentially reaching higher salaries. Earning $500,000 a year is uncommon and usually requires executive-level positions, extensive experience, or ownership in a firm. Advanced certifications like CPA or CMA and strong industry networks can contribute to higher earnings, but such high salaries are rare for standard accounting roles.

Are accountants usually exempt?

Accountants, including exempt accountants, are often classified as exempt under the Fair Labor Standards Act if they perform professional, administrative, or executive duties and meet certain salary thresholds. Exempt status means they are not eligible for overtime pay, and their classification depends on their job responsibilities and salary level. Many accountants in salaried positions are considered exempt, especially if they hold professional certifications like CPA and have managerial or specialized roles.

What is the difference between Exempt Accountant vs Staff Accountant?

AspectExempt AccountantStaff Accountant
CredentialsBachelor's degree in accounting or related field; CPA often preferredBachelor's degree in accounting or related field; CPA optional
Work EnvironmentCorporate finance, accounting departments, or consulting firmsPublic accounting firms, corporate finance teams, or small businesses
Employer & Industry UsageUsed across industries for higher-level accounting roles with managerial responsibilitiesCommon entry-level or mid-level role in accounting firms and companies

The main difference is that an Exempt Accountant typically holds a higher-level, often specialized role with managerial or senior responsibilities, and may require CPA certification. A Staff Accountant is usually an entry- to mid-level position focused on routine accounting tasks. Both roles require similar educational backgrounds, but their responsibilities and work environments differ significantly.

Why are CPAs declining?

The decline in CPAs is often due to increased automation of accounting tasks through software, which reduces the demand for traditional accounting roles. Additionally, some professionals pursue alternative certifications or roles in finance, leading to a shift in the accounting workforce. However, CPAs with specialized skills or in niche areas remain in demand.

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

To thrive as an Exempt Accountant, you need a solid understanding of accounting principles, financial reporting, and regulatory compliance, generally supported by a bachelor's degree in accounting or finance. Familiarity with accounting software such as SAP, Oracle, or QuickBooks and certifications like CPA are commonly required. Analytical thinking, attention to detail, and effective communication are crucial soft skills for interpreting data and collaborating with stakeholders. These skills and qualities ensure accurate financial management, regulatory adherence, and the ability to provide valuable insights for business decision-making.
What are the most commonly searched types of Accountant jobs in Springfield, IL? The most popular types of Accountant jobs in Springfield, IL are:
What job categories do people searching Exempt Accountant jobs in Springfield, IL look for? The top searched job categories for Exempt Accountant jobs in Springfield, IL are:
What cities near Springfield, IL are hiring for Exempt Accountant jobs? Cities near Springfield, IL with the most Exempt Accountant job openings:
Payroll Processor

Full-time

Posted 7 days ago


Job description

JOB SUMMARY:

Payroll processors work within Federated payroll department collecting our client’s employees’ payroll information to process and deliver paychecks. They’ll gather employees’ time sheets after each pay period and will verify that their payroll information and work hours are correct. Payroll processors use Paychex to input basic data into the payroll system.

Payroll processors collaborate closely with clients to gather any important payment information or to answer any of their questions regarding their paychecks. Payroll processors will work carefully to calculate payroll information like taxes, deductions, bonuses, commissions and other payable hours. If any payroll issues or discrepancies occur, the Payroll processor must investigate and resolve them.

ESSENTIAL FUNCTIONS:

Although a Payroll processor has a variety of duties and responsibilities, their principle role includes the following:

  1. Maintaining payroll information by collating, calculating and entering data
  2. Updating payroll records by entering any changes to employee information or benefits such as job title changes, exemptions and saving deductions
  3. Preparing reports that include summaries of earnings, tax deductions, leave, compassionate leave and non-taxable wages
  4. Calculating payroll liabilities by determining employee taxes, including federal and state income and social security tax, and calculating employer’s payments for social security, unemployment and worker’s compensation
  5. Resolving payroll discrepancies and answering any employee payroll queries
  6. Maintaining all payroll operations according to company policies and procedures
  7. Processing and issuing W-2 forms to employees

WORKING CONDITIONS:

Work is performed primarily in an indoor office, free from extreme weather conditions. Work may include a moderate amount of noise (business office with computers, phone and printers).

KNOWLEDGE, SKILLS AND ABILITIES:

• Strong computer skills such as typing, system and software knowledge

• Knowledge of wage withholding orders

• Accurate data entry skills with great attention to detail

• Excellent communication skills, both verbal and written, to communicate with employees regarding their issues and concerns

• Good client service skills

• Being an effective team player

• Sound decision-making skills

• Ability to multitask in a stressful environment with specific deadlines

• Ability to work independently in a time-sensitive environment

• Confidentiality and respect for the privacy of employee records

TRAINING, ACADEMIC AND EXPERIENTIAL REQURIEMENTS:

  1. Associate’s Degree in Accounting, or another business-related field preferred
  2. 3+ years’ experience processing payroll