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What is a bank accountant and how to become one
What general advice would you give to a Bank Accountant?
Stephen Moehrle Ph.D.
Professor and Chairman of Accounting, University of Missouri - St. Louis
Most of the above remains true so the only open question is job availability. It would be unrealistic to say things are great. However, it seems that job prospects for accounting majors will be better than for those of virtually every other entry-level profession during difficult times. I have been speaking with firm leaders across the spectrum of firms and most do intend to be on campus in the fall recruiting season. Of course, they have a lot of time to learn more about the economy over the next few months, but we are cautiously optimistic. Again, I am confident that whatever the state of job availability for young CPAs-to-be, prospects will be better for accounting graduates than virtually any other profession.
They will be entering the profession at a fascinating moment in time. Of course, the technological advances assure this regardless of economic conditions. However, there are business disruption-related issues that will provide rich opportunities for making a difference. For example, audit staff will be working with clients to see them through these troubling times. Lamentably, I fear that these young professionals will learn more about the going concern determination than they desire to know. Tax staff will help clients to optimally use the tax loss carrybacks and carryforwards that are arising by the day. Entry level professionals in corporate accounting will get a day-to-day front row seat in business management through crisis. While lamentable times, these are times when young professionals can make a difference that saves jobs.
Avg. Salary $52,142
Avg. Salary $59,228
Growth Rate 6%
Growth Rate 0.3%
American Indian and Alaska Native 0.46%
Asian 14.15%
Black or African American 8.44%
Hispanic or Latino 10.77%
Unknown 3.95%
White 62.23%
Genderfemale 63.07%
male 36.93%
Age - 43American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 43Stress level is manageable
7.1 - high
Complexity Level is challenging
7 - challenging
Work Life balance is good
6.4 - fair
Bank Accountant career paths
Key steps to become a bank accountant
Explore bank accountant education requirements
Start to develop specific bank accountant skills
Skills 
Percentages Reconciliations 17.16% General Ledger 16.41% Financial Statements 15.48% Financial Reports 5.09% Reconcile General Ledger 4.93% Complete relevant bank accountant training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New bank accountants learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a bank accountant based on U.S. Bureau of Labor Statistics data and data from real bank accountant resumes.Research bank accountant duties and responsibilities
- Manage accounting operations, accounting close, account reporting and reconciliations.
- Assist in the creation, verification, and transmission of ACH files.
- Collaborate with payroll conversion process from ADP to PeopleSoft; performing parallel testing and confirming accuracy of payroll information in PeopleSoft.
- Review of contract documentation to determine billing requirements, reporting requirements and ERP setup for automate invoicing.
Prepare your bank accountant resume
When your background is strong enough, you can start writing your bank accountant resume.
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Choose From 10+ Customizable Bank Accountant Resume templates
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Apply for bank accountant jobs
Now it's time to start searching for a bank accountant job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How Did You Land Your First Bank Accountant Job
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Average bank accountant salary
The average Bank Accountant salary in the United States is $52,142 per year or $25 per hour. Bank accountant salaries range between $39,000 and $68,000 per year.
What Am I Worth?
How do bank accountants rate their job?
Bank Accountant reviews
Reporting to a CPA Controller or CFO, always learning and not micromanaged. Treated as a professional always.
Business owners that do not know or understand compliance and GAAP, or the patience to follow the rules... generally common in small companies.
It's an office job.
Everything else. Too much anxiety, debts, low sallary (€700/month).
I like when the numbers fall in to place. I enjoy helping clients reach their financial goals. I am great with client consultations. I appreciate the chance to help plan for a client's needs.
I dislike situations where no planning had been done. I am bothered when a client has an accounting problem that could have been avoided by proper planning.
Updated January 8, 2025
