Career and Education Opportunities for Bookkeepers in Warwick, Rhode Island
If you want to be a bookkeeper, the Warwick, Rhode Island area offers many opportunities both for education and employment. About 7,370 people are currently employed as bookkeepers in Rhode Island. By 2016, this is expected to grow 10% to about 8,120 people employed. This is not quite as good as the national trend for bookkeepers, which sees this job pool growing by about 10.3% over the next eight years. In general, bookkeepers compute, classify, and record numerical data to keep financial records complete.
Bookkeepers earn approximately $17 hourly or $35,640 yearly on average in Rhode Island. Nationally they average about $15 per hour or $32,510 annually. Earnings for bookkeepers are better than earnings in the general category of Billing and Bookkeeping in Rhode Island and better than general Billing and Bookkeeping category earnings nationally.
The Warwick area is home to fifty-one schools of higher education, including four within twenty-five miles of Warwick where you can get a degree as a bookkeeper. Given that the most common education level for bookkeepers is a high school diploma or GED, you can expect to spend only a short time training to become a bookkeeper if you already have a high school diploma.
CAREER DESCRIPTION: Bookkeeper
In general, bookkeepers compute, classify, and record numerical data to keep financial records complete. They also perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records.
Bookkeepers operate 10-key calculators and copy machines to perform calculations and produce documents. They also perform general office duties such as filing and handling routine correspondence. Equally important, bookkeepers have to check figures and documents for correct entry and proper codes. They are often called upon to operate computers programmed with accounting software to record and analyze data. Finally, bookkeepers comply with federal and company policies, procedures, and regulations.
Every day, bookkeepers are expected to be able to listen to and understand others in meetings. They need to read and understand documents and reports.
It is important for bookkeepers to classify and summarize numerical and financial data to compile and keep financial archives, using journals and ledgers or computers. They are often called upon to access computerized financial data to respond to general questions as well as those pertaining to specific accounts. They also debit and total accounts on computer spreadsheets and databases, using specialized accounting software. They are sometimes expected to reconcile or note and report discrepancies found in archives. Somewhat less frequently, bookkeepers are also expected to reconcile archives of bank transactions.
Bookkeepers sometimes are asked to compile budget data and documents, on the basis of estimated revenues and expenses and previous budgets. and receive and bank cash, checks, and vouchers. And finally, they sometimes have to calculate and ready checks for utilities and other payments.
Like many other jobs, bookkeepers must have exceptional integrity and be thorough and dependable.
Similar jobs with educational opportunities in Warwick include:
- Accounts Receivable Specialist. Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit department if customer fails to respond; initiating repossession proceedings or service disconnection; keeping records of collection and status of accounts.
- Bank Teller. Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
- Broker Assistant. Perform clerical duties involving the purchase or sale of securities. Duties include writing orders for stock purchases and sales, computing transfer taxes, verifying stock transactions, accepting and delivering securities, tracking stock price fluctuations, computing equity, and keeping records of daily transactions and holdings.
- Clerk. Compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.
- Gaming Cashier. Conduct financial transactions for patrons in gaming establishments. May reconcile daily summaries of transactions to balance books. Accept patron's credit application and verify credit references to provide check-cashing authorization or to establish house credit accounts. May sell gambling chips, tokens, or tickets to patrons, or to other workers for resale to patrons. May convert gaming chips, tokens, or tickets to currency upon patron's request. May use a cash register or computer to record transaction.
- Loan Inspector. Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
- Office Clerk. Perform duties too varied and diverse to be classified in any specific office clerical occupation, requiring limited knowledge of office management systems and procedures. Clerical duties may be assigned in accordance with the office procedures of individual establishments and may include a combination of answering telephones, bookkeeping, typing or word processing, stenography, office machine operation, and filing.
- Payroll Machine Operator. Operate machines that automatically perform mathematical processes, such as addition, subtraction, and division, to calculate and record billing, accounting, and other numerical data. Duties include operating special billing machines to prepare statements, bills, and invoices, and operating bookkeeping machines to copy and post data, make computations, and compile records of transactions.
- Secretary. Perform routine clerical and administrative functions such as drafting correspondence, scheduling appointments, organizing and maintaining paper and electronic files, or providing information to callers.
- Statement Clerk. Prepare and distribute bank statements to customers, answer inquiries, and reconcile discrepancies in records and accounts.
EDUCATIONAL OPPORTUNITIES: Bookkeeper Training
Three Rivers Community College - Norwich, CT
Three Rivers Community College, 574 New London Turnpike, Norwich, CT 06360. Three Rivers Community College is a small college located in Norwich, Connecticut. It is a public school with primarily 2-year programs and has 4,025 students. Three Rivers Community College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated zero and fourteen students respectively in 2008.
Quinebaug Valley Community College - Danielson, CT
Quinebaug Valley Community College, 742 Upper Maple St, Danielson, CT 06239-1436. Quinebaug Valley Community College is a small college located in Danielson, Connecticut. It is a public school with primarily 2-year programs and has 1,898 students. Quinebaug Valley Community College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated one and eight students respectively in 2008.
Bryant University - Smithfield, RI
Bryant University, 1150 Douglas Pike, Smithfield, RI 02917-1284. Bryant University is a small university located in Smithfield, Rhode Island. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,807 students and an admission rate of 44%. Bryant University has a bachelor's degree program in Accounting Technology/Technician and Bookkeeping.
Bristol Community College - Fall River, MA
Bristol Community College, 777 Elsbree St, Fall River, MA 02720-7395. Bristol Community College is a medium sized college located in Fall River, Massachusetts. It is a public school with primarily 2-year programs and has 8,100 students. Bristol Community College has a less than one year program in Accounting Technology/Technician and Bookkeeping which graduated one student in 2008.
Certified Patient Account Technician: The Certified Patient Account Manager exam is every bit as challenging for patient account managers as the CPA and Bar exams are for their respective fields.
For more information, see the American Association of Healthcare Administrative Management website.
Certified Clinic Account Technician: AAHAM developed the Certified Clinic Account Technician (CCAT) examination to test the proficiency of individuals involved in the collection of patient accounts and to prepare them for the many changes to come.
For more information, see the American Association of Healthcare Administrative Management website.
LOCATION INFORMATION: Warwick, Rhode Island
Warwick is located in Kent County, Rhode Island. It has a population of over 84,483, which has shrunk by 1.5% over the last ten years. The cost of living index in Warwick, 94, is below the national average. New single-family homes in Warwick are priced at $129,500 on average, which is far less than the state average. In 2008, thirty new homes were constructed in Warwick, down from forty-nine the previous year.
The three most popular industries for women in Warwick are health care, educational services, and finance and insurance. For men, it is construction, accommodation and food services, and public administration. The average travel time to work is about 22 minutes. More than 24.5% of Warwick residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 7.9%, is lower than the state average.
The unemployment rate in Warwick is 11.5%, which is less than Rhode Island's average of 12.2%.
The percentage of Warwick residents that are affiliated with a religious congregation, 67.1%, is more than both the national and state average. Warwick Bible Chapel, Warwick Central Baptist Church and Warwick Christian Fellowship Church are all churches located in Warwick. The largest religious groups are the Catholic Church, the Episcopal Church and the Evangelical Lutheran Church in America.
Warwick is home to the Kent County Chamber of Commerce and the Community College of Rhode Island Learning Resources Center as well as Apponaug Historic District and Salter Grove State Park. Shopping malls in the area include Buttonwoods Plaza Shopping Center, Buttonwoods Shopping Center and Clocktower Square Shopping Center. Visitors to Warwick can choose from Fairfield Inn Providence/Warwick, Extended Stay America and Courtyard by Marriott for temporary stays in the area.