Accounting Administrator Salary and Career Information
Accounting administrators are much like other accountants, but they concentrate on areas important to corporations. With the SOX Act and other new regulations being passed into law, the job outlook for accounting professionals is very strong.
An accounting administrator is responsible for completing duties in the areas of management, accounting, tax preparation and financial planning services. Accounting administrators are business professionals with a knack for understanding the planning and organization within a corporation. These individuals help corporations function at maximum efficiency and achieve its goals.
Degrees & Credentials
Accounting administrators may have associate or bachelor's degrees in accounting, auditing, business administration or in other financial programs. During their careers, accounting administrators are responsible for corporate tax planning, preparation and bookkeeping.
Impact of Sarbanes-Oxley
The Sarbanes-Oxley (SOX) Act of 2002 created many jobs for accountants and business professionals. The compilation of new tax rules and complex auditing regulations has had a significant impact upon large corporations. Severe penalties can be brought against a corporation for failure to comply with SOX regulations, and it is the job of an accounting administrator to assist these corporations in their efforts to adhere to these policies. Mishaps and mistakes are extremely costly, and one of the most important tasks of an accounting administrator is the preparation of error-free financial reports and statements.
Corporate Tax Planning Tasks
Accounting administrators spend a lot of time on tax planning and preparation of subsequent financial documents. There are a number of situations that can arise for large corporations. Because the United States tax code is very strict, it's the duty of an accounting administrator to ensure that corporations are in compliance with these regulations.
Salary & Job Outlook
With the SOX Act and other new regulations being passed into law, companies are going to need accounting professionals to help them with these issues. These jobs tend to be located in larger cities, which are home to corporate operations. According to Indeed.com, as of 2010, accounting administrators can expect to earn an average salary of $55,000 per year.
Related to Accounting Administrator Salary and Career Information
- Recently Updated
Individuals interested in organizing and managing employee time and payroll data may benefit from an accounting...
Accounting programs can prepare students to classify, record and analyze financial actions of a business. Accounting...
Students who wish to obtain an associate degree in accounting may pursue an Associate of Arts, Associate of Applied...
An associate degree program in accounting can prepare students for entry-level work in investment planning, auditing,...
- Top Ranked Accounting Degrees - Henderson, NV
- Top Ranked Accounting School - Birmingham, AL
- Top University Degree in Accounting - Madison, WI
- Top Healthcare Administration Degrees - Phoenix, AZ
- Top University with Business Administration Degree - Fremont, CA
- Top University with a Bachelor of Psychology Degree - Colorado Springs, CO
- Top Ranked School for Court Reporting - Columbus, OH