Robert Half and Accountemps have released their new 2002 Salary Guide, designed to provide comprehensive data on average starting salaries for accounting and finance professionals.
Salary ranges for 2002 are based on actual starting compensation in 2001. the information in the guide is derived from the job searches, negotiations, and placements conducted by Robert Half International's U.S. offices.
Salaries projected in the guide reflect salaries at the time of hire and exclude bonuses and other factors that may be included in a starting compensation package. The salaries reflected in the guide are based on national averages, however there is a regional analysis included with the guide that addresses differences in various geographic regions. Factors such as previous experience and training in areas other than accountancy are not considered in these projections.
Specific skills most in demand for various accounting positions include the following:
- Staff and senior accountants - knowledge of procedures associated with general ledger, cost control, and financial reporting, as well as interpersonal skills, and previous experience
- Cost accountants - ability to assess costs associated with producing products and services, ability to analyze gross margins and identify ways to improve profitablilty
- Collections specialists - ability to communicate effectively with clients and maintain a professional attitude
- Accounting clerks - ability to manage everyday tasks, such as data entry and invoice processing, proficiency with spreadsheet applications, as well as excellent customer service skills
In addition, companies look for accounting professionals who possess good communication skills, who are able to interact with coworkers as well as company executives, and who can explain complex financial information clearly and concisely to a diverse audience. Companies also value accountants who can obtain vital business information from existing financial systems (also know as data mining), and who have experience with systems conversions and upgrades.
The 2002 Salary Guide offers pointers for those in a position to hire accountants, tips for successful managing, and strategies for negotiating salaries.
You can download the complete 2002 Salary Guide or request a copy to be mailed to you at the Accountemps Web site.