How to Earn Extra Income With Part-Time Accounting Jobs

Temporary and part-time accounting jobs are becoming increasingly common in the US labor market, attracting many applicants. Are you going to stay out of this trend?

Full-time jobs are currently not the only choice for employees. 9-to-5 is no longer the only option, change your lifestyles and have a flexible working schedule AND still have a good income and welfare. How awesome is that?

A temporary work usually lasts for a set period of time, such as a few days or months. Part-time accounting jobs necessitate 1 to 34 hours a week of work (according to BLS statistics). This part-time position seems fit for a parent who wants to earn more money to provide for their children or someone who does not want to be tied to a full-time and fixed-schedule job.

Work From Home Accounting Jobs & Bookkeeping From Home Jobs!

Why Are Part-Time Accounting Jobs For You?

Gain New Skills

The most significant benefit of this job is learning new skills, as accounting is more than just dealing with numbers. Also, seeking a full-time accounting career may be easier as you gain enough skills and achieve a good result in the part-time position.

Test A New Career Path

Part-time accountants are a perfect way to taste various jobs and businesses because of the flexible working hours. As a result, this will be an excellent way to network with many accounting or finance professionals. The more experienced and knowledgeable you are, the more chances you have for full-time positions and the ideal workplace.

Earn Competitive Pay

You might be surprised to hear that temporary and part-time jobs have a high pay rate. Indeed, big businesses often need part-time accounting and finance experts to handle urgent projects.

It is no exaggeration to say that a part-time accountant’s hourly wage is often equivalent to or better than a full-time accountant’s salary, particularly for part-time CPA jobs (Certified Public Accountants), financial analyst, accountant, tax, or medical collector positions.

Why Part-Time Accounting Jobs Are For You?

You might be surprised to hear that part-time work has a high pay rate. Source: roberthalf

Build Your Reputation

You would have a better chance of becoming a full-time accountant if you have prior experience. Employers are more likely to promote part-time accountants to full-time positions as they are familiar with their working style. Additionally, such transition is quicker, cheaper, and less risky for the company.

Are Part-time Accounting Jobs Well-Paid?

As of April 10, 2021, the average annual wage for Part-time Accountants in the United States is $ 48,432 a year, according to ZipRecruiter.com.

Are Part-time Accounting Jobs Well-Paid?

Do you want to become a part-time accountant? Source: roberthalf

With a few easy estimates, $ 48,432 per year equates to approximately $23.28 per hour, $931 per week, and $4,036 per month.

According to ZipRecruiter.com, the majority of part-time accountant salaries in the U.S currently range from $ 38,500 (25th percentile) to $ 57,500 (75th percentile) for those with the highest pay (90th percentile) – an average salary of $ 67,500 in all states.

On the other hand, the average salary for a part-time accountant varies widely by state, ranging from $ 18,000 to $ 19,000. This demonstrates that pay is affected by rank, education, experience, and skills.

Top 10 Highest-Paying Cities In The US For Part Time Accounting Jobs

The following 10 cities in the United States have standard part-time accounting incomes higher than the national average: San Francisco is at the top of the list, with Fremont,  and San Jose, coming in second and third, respectively.

Also, it’s worth noting that San Francisco is on the top list, with an average salary of $ 59,454 a year, far above the national average of $ 48,432 (up by $22.8 percent). Many studies indicate that the part-time accounting industry in this state is thriving, which helps to explain the income inequality. This role is in demand for a growing number of corporations and businesses.

CityAnnual SalaryMonthly PayWeekly PayHourly Wage
San Francisco, CA$59,454$4,955$1,143$28.58
Fremont, CA$57,073$4,756$1,098$27.44
San Jose, CA$55,749$4,646$1,072$26.80
Oakland, CA$55,140$4,595$1,060$26.51
Tanaina, AK$54,985$4,582$1,057$26.44
Wasilla, AK$54,985$4,582$1,057$26.43
Sunnyvale, CA$54,302$4,525$1,044$26.11
Hayward, CA$53,985$4,499$1,038$25.95
Jackson, WY$53,696$4,475$1,033$25.82
Norwalk, CT$53,623$4,469$1,031$25.78

Source: ZipRecruiter

Part-Time Accountant Duties and Responsibilities

Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.” – Tilman J. Fertitta said. Accounting is an essential part of any organization, corporation, or business since they are in charge of all financial matters. And one of the most important criteria for assessing a company’s growth is its financial performance. As a result, accountants are responsible for a wide range of tasks:

  • Prepare tax and account returns. 
  • Manage expenditures and budgets.
  • Audit and analyze financial documents.
  • Risk assessment.
  • Determine unnecessary expenses.
  • Create budget reports and present them.
  • Ascertain the financial statements and documents adhere to all applicable laws and regulations.
  • Maintain accurate accounting processes and records.
Part-Time Accountant Duties and Responsibilities

What does an accountant do? Source: miro.medium

Hiring Trend For 2021

Accountancy job opportunities are generally favorable for those who have a clear sense of purpose in pursuing this sector. The unemployment rate in the financial and accounting industries in the United States is lower than the national average, indicating a strong demand for qualified accountants. However, just because you believe this is the right path for you doesn’t mean it’s all smooth sailing.

In reality, there are several career patterns that part-time accountants can follow for their career path’s development. The following knowledge will help you determine the hottest industries right now and modify your accounting resume to catch the attention of employers.

Accountants should catch up with new systems, policies, and procedures:

Companies nowadays need specialists to assist them in adhering to the Financial Accounting Standards Council’s sales and rental identification standards. Accountants’ responsibilities include diagnosing and changing company procedures and upgrading applications and regularly update their knowledge of new policies and regulations. You may want to create a habit of watching financial news every day, purchasing economic law books to stay up-to-date.

The healthcare industry is still booming: 

Patient and customer service, especially the hospital payment process, has always been a critical factor in medical hospitality management. Accordingly, healthcare providers are introducing new payment methods to save time and money.

Medical payments, medical collection, accounts payable, financial analysis, records, and business are all on the lookout for part-time accountants right now.

Digital transformation: 

All occupations, and particularly finance and accounting departments, are undergoing a digital transformation. To achieve the highest precision, all agencies and enterprises are trying to apply more automation and AI processes.

Interestingly, even though robots are taking on more jobs, one of the consequences of this technological shift is a considerable rise in the demand for both part-time and temporary workers. Nonetheless, these new occupations are more specialized and often involve digital knowledge. 

When the number of projects grows, so does the demand for a part-time accountant:

Large-scale activities such as mergers and acquisitions and large-scale mediation are rare, but they are time-consuming and expensive to conduct.

Businesses typically employ temporary part-time accountants for these one-off projects and smaller projects to assist their staff as needed.

Employees should fit the company’s working culture:

Hiring ineffective employees cost the organization both time and money. Enterprises and large corporations are always concerned with recruiting applicants that suit the company’s working culture. Great teamwork leads to good results.

On your part, you ought to determine whether the new business environment is a good fit for your skills, attitude, and desires.

Top 5 Best Paying Related Part-Time Accounting Jobs in the USA

There are at least five relevant jobs to the part-time accounting category. Top positions such as Principal Accountant, Senior Revenue Accountant, Group Accountant, Senior Accountant Manager, and Financial Systems Accountant pay more than the average part-time accountant salary per year.

Furthermore, both of these positions pay between $ 41,578 (85.8%) and $ 64,519 (133.2%), compared to an average part-time accountant salary of $ 48,432. So, if at all possible, apply for and work in one of these associated part-time accounting jobs to grow your income quicker.

Job TitleAnnual SalaryMonthly PayWeekly PayHourly Wage
Principal Accountant$112,951$9,413$2,172$54.30
Senior Revenue Accountant$100,527$8,377$1,933$48.33
Group Accountant$92,402$7,700$1,777$44.42
Senior Accountant Manager$91,990$7,666$1,769$44.23
Financial Systems Accountant$90,010$7,501$1,731$43.27

Source: ZipRecruiter

Where To Find Part-time Accounting Jobs

8 Best Sites for Work from Home Accounting Jobs

Let’s review this video above! There are 8 best sites for you to find out accountant jobs, for example, you are seeking “accounting jobs Pensacola Fl”, check out these 8 websites:

  1. Flexjobs.com
  2. Upwork.com
  3. Weworkremotely.com
  4. Indeed.com
  5. Peopleperhour.com
  6. Truelancer.com
  7. Jobspresso.com
  8. Remoteok.io

Part-time Accountant Working Hours

Part-time Accountant Working Hours

How about their working hours? Source: i2.wp.com

The company’s needs will determine the number of hours you work a week, the amount of available work, and your circumstances. As a result, the highest priority should be discussing the number of hours and working days each week with your employer.

Working part-time typically involves working less than five days a week or brief periods: 10:00 a.m. to 3:00 p.m. or from 3:00 p.m. to 7:00 p.m (instead of 9 a.m to 5:30 p.m as a full-time job timeline).

Skills Needed To Be A Part-time Accountant

A good accountant must always have a good head for figures, and the following are some of the essential qualities:

  • Excellent analytical abilities
  • Excellent organizational skills
  • Good attention to detail, as well as the willingness to work under pressure and keep up with strict deadlines
  • IT self-assured (especially Excel and any financial software packages)
  • Communication skills are essential (both writing and speaking)
  • Good teamwork spirit
  • Discreet and stable

Our Final Thoughts Of Part-Time Accounting Jobs

Charlie Munger had once said: “You have to know accounting. It’s the language of practical business life. It was a very useful thing to deliver to civilization. I’ve heard it came to civilization through Venice which of course was once the great commercial power in the Mediterranean. However, double-entry bookkeeping was a hell of an invention.” 

All in all, every career is noble and contributes to society in its unique way. If you think part-time accounting jobs are right for you, apply at once! When you do your job well and make progress, good chances appear everywhere.

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Ellie

Ellie - a go-getter in the content creating industry.  Since 2016, she has been actively engaged in writing and career guidance. Simply put, Ellie realized that what truly drives her is advising and coaching people on the path to self-discovery. She currently works with JobandEdu as a researcher and writer. Ellie's articles serve as advice columns for people at a crossroads in their careers or who can't make up their minds. She guides them through determining a pathway, job hunting, overcoming hurdles at work, and the multiple tip-top tools on the go. She also regularly shares her perspectives on topics piquing her curiosity or providing her with actionable insights.