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Financial Accounting Associate Jobs in Delaware (NOW HIRING)

Capital One

Senior Associate, Accounting

Wilmington, DE · On-site

Senior Associate, Accounting We are seeking a highly motivated accountant to join the Controllers ... The Controllers Group supports the financial implementation of new products, services, and systems ...

TAGHLEEF INDUSTRIES

Corporate Accounting Clerk

Newark, DE · On-site

$18.25 - $23.25/hr

Respond to vendor and internal inquiries regarding financial transactions * Ensure compliance with company policies and accounting standards Qualifications: * High school diploma required; Associate ...

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Financial Accounting Associate information

Can you make $100,000 as an accountant?

Financial Accounting Associates typically earn less than $100,000 annually, especially early in their careers. Achieving a $100,000 salary often requires several years of experience, advanced certifications like CPA, or moving into senior or managerial roles within accounting or finance departments.

What are Financial Accounting Associates?

Financial Accounting Associates are entry-level professionals who support the accounting and finance departments of an organization. They are responsible for tasks such as preparing financial statements, reconciling accounts, managing invoices, and ensuring compliance with accounting regulations. These associates often assist with audits, budgeting, and the implementation of accounting controls. Their work helps ensure the accuracy and integrity of financial data, which is crucial for business decision-making and regulatory compliance.

What can I do with an associate in accounting?

A Financial Accounting Associate can perform tasks such as preparing financial statements, maintaining accounting records, and assisting with audits. This role often involves using accounting software like QuickBooks or Excel and may serve as a stepping stone to roles like accounting technician or junior accountant. Additional certifications, such as a CPA, can expand career opportunities.

What are some common challenges Financial Accounting Associates face when managing month-end closing processes?

Financial Accounting Associates often encounter tight deadlines and high volumes of data during month-end closing, which can make accuracy and time management critical challenges. Coordinating with multiple departments to gather and reconcile financial information can also be demanding, especially when discrepancies arise. Effective communication, strong organizational skills, and attention to detail are essential to ensure timely and accurate financial reporting. Over time, developing efficient workflows and leveraging accounting software can help streamline these processes.

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

To thrive as a Financial Accounting Associate, you need a solid understanding of accounting principles, financial reporting, and typically a bachelor's degree in accounting or finance. Proficiency in accounting software such as QuickBooks, SAP, or Oracle, and familiarity with Excel are commonly required. Strong attention to detail, analytical thinking, and effective communication skills help you excel in this role. These competencies ensure accurate financial records, compliance with regulations, and clear collaboration within finance teams.

What does a finance and accounting associate do?

A finance and accounting associate handles tasks such as preparing financial reports, maintaining accounting records, processing transactions, and supporting audits. They often use accounting software like QuickBooks or SAP and need strong attention to detail and understanding of financial principles.

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

Financial Accounting Associates typically earn salaries ranging from $50,000 to $80,000 annually, depending on experience, location, and industry. Earning $500,000 a year is uncommon for this role and usually requires senior executive positions, specialized skills, or ownership of a firm. High earnings in accounting often involve advanced certifications like CPA and extensive experience.

What is the difference between Financial Accounting Associate vs Accounts Payable Clerk?

AspectFinancial Accounting AssociateAccounts Payable Clerk
Primary ResponsibilitiesPreparing financial statements, journal entries, and reconciling accountsProcessing invoices, managing payments, and maintaining vendor records
Required CredentialsAssociate degree in accounting or finance; CPA or similar certifications are a plusHigh school diploma or equivalent; some roles prefer accounting or finance coursework
Work EnvironmentCorporate finance departments, accounting firms, or finance divisionsAccounts payable departments within organizations, accounting firms
Common Industry UsageUsed across various industries including corporate, non-profit, and governmentPrimarily in corporate finance, retail, and manufacturing sectors

The Financial Accounting Associate focuses on broader financial reporting and account reconciliation, while the Accounts Payable Clerk specializes in processing vendor invoices and payments. Both roles require accounting knowledge and are essential in maintaining accurate financial records, but they differ in scope and daily tasks.

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Financial Accounting Associate jobs near you
Program Management - Fixed Income Accounting - Associate

Program Management - Fixed Income Accounting - Associate

J.P. Morgan

Newark, DE

Full-time

Posted 15 days ago

Job description

hackajob is collaborating with J.P. Morgan to connect them with exceptional professionals for this role.

JOB DESCRIPTION

Join the Strategic Accounting Infrastructure and Control (SAIC) Team that is responsible for the analysis and execution of financial accounting architecture changes, supporting Financial Control, Asset Class Control, and Product Control.

As an Associate on the  Strategic Finance Program Management group within SAIC team, you will partner with various stakeholder across multiple regions to deliver project objectives throughout multiple phases including requirements documentation, functional analysis, and testing. You will have opportunities to leverage your product knowledge, problem solving ability, and accounting expertise to participate in meaningful discussion with partners from finance, tech, ops to solve complex business issues and build a strategic accounting infrastructure for securities processing.

The projects range from production remediation's and industry/line of business (LOB) initiatives to large-scale, multi-year strategic initiatives to replace entire product systems. We are looking for Senior Associate to support the multi-year strategic build out of our in-house Securities Processing Platform, initially focusing on the LATAM region.  

Job responsibilities:

  • Liaise with various stakeholders (Finance, Ops, Corporate Accounting Policy) across the firm to define and document detailed accounting requirements including accounting calculations, when applicable, for debt instruments according to US and local GAAP

  • Perform data & process analyses and present findings to key stakeholders

  • Partner with Technology throughout analysis and testing

  • Write and execute UAT test cases; participate in E2E, production parallel and conversion testing

  • Analyze controls to ensure the strategic infrastructure operates within a solid control environment- including identifying any opportunities for process and control improvements; Make certain the design meets Finance Principles and Big Rules established

  • Produce & maintain working group tracker, project plan and other project documents as required

Required qualifications, capabilities, and skills:

  • Minimum of 3 years finance or accounting experience, fixed income securities accounting experience preferred

  • Ability to work in a fast-paced environment, be flexible and adapt to the changing needs of stakeholders

  • Detail oriented with strong analytical and problem-solving skills including root cause analysis and ability to provide solutions

  • Strong communication and presentation skills

  • Exceptional interpersonal and relationship building skills with the ability to collaborate across different groups and regions

  • Strong organizational skills, including the ability to prioritize, and manage multiple activities

  • Excellent working knowledge of MS Excel (Pivot tables, v-lookups, functions), PowerPoint and Word

Preferred qualifications, capabilities, and skills:

  • Knowledge of key Finance systems and processes, including MIS and GL

  • Prior experience performing requirement analysis

  • Fixed income securities accounting experience preferred

  • Conversation/fluent in Spanish or Portuguese

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

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