Salary Data

Bank Accountant Salary

How much does a Bank Accountant make in the United States?
Get the insights on the salary, benefits, education, and job description.
Salary Data for Bank Accountant

$71,451 (USD)/yr

$34 (USD)/hr

$2,501 (USD)/yr

$70,550 (USD)/yr

$34 (USD)/hr

$2,501 (USD)/yr

Job Description
Readies and maintains financial and business transactions, applying accounting principles, that include work that is analytical, evaluative, and advisory in nature and that requires an understanding of both accounting theory and practice. Utilizes knowledge of the fundamental doctrines, theories, principles, and terminology of accountancy, and often entails some understanding of such related fields as business law, statistics, and general management. Analyzes the effects of transactions upon account relationships. Evaluates alternative means of treating transactions. Plans the manner in which account structures should be developed or modified. Ensures the adequacy of the accounting system as the basis for reporting to management. Considers the need for new or changed controls. Projects accounting data to show the effects of proposed plans on capital investments, income, cash position, and overall financial condition. Interprets the meaning of accounting records, reports, and statements. Advises operating officials on accounting matters. Excludes paraprofessional accountants.
The average bank accountant salary in United States is $71,451 or an equivalent hourly rate of $34. In addition, they earn an average bonus of $2,501. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Compensation Data Based on Experience

$51,100 (USD)

$88,244 (USD)

Education

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Salary Potential

$82,831 (USD)

16 %

Based on our compensation data, the estimated salary potential for Bank Accountant will increase 16 % over 5 years.

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About The Data
The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.
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