Account analyst vs accounting analyst

The differences between account analysts and accounting analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an account analyst and an accounting analyst. Additionally, an accounting analyst has an average salary of $58,399, which is higher than the $55,829 average annual salary of an account analyst.

The top three skills for an account analyst include customer service, patients and financial statements. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.

Account analyst vs accounting analyst overview

	Account Analyst	Accounting Analyst
Yearly salary	$55,829	$58,399
Hourly rate	$26.84	$28.08
Growth rate	6%	6%
Number of jobs	106,327	81,097
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 74%
Average age	44	44
Years of experience	4	4

What does an account analyst do?

Account analysts are responsible for analyzing account statements and financial transactions of an organization, resolving billing discrepancies, and managing account receivables. They assess the company's financial stability and identify opportunities to improve data analysis techniques by adhering to accounting principles and the company's operational protocols. Account analysts prepare financial reports, evaluate accounts payable, assist in tax audits, and release invoices. They should have excellent analytical and communication skills, especially on posting accurate account reports on the database.

What does an accounting analyst do?

An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.

Account analyst vs accounting analyst salary

Account analysts and accounting analysts have different pay scales, as shown below.

	Account Analyst	Accounting Analyst
Average salary	$55,829	$58,399
Salary range	Between $39,000 And $78,000	Between $42,000 And $79,000
Highest paying City	New York, NY	San Francisco, CA
Highest paying state	New York	New York
Best paying company	Venable	Google
Best paying industry	Finance	Finance

Differences between account analyst and accounting analyst education

There are a few differences between an account analyst and an accounting analyst in terms of educational background:

	Account Analyst	Accounting Analyst
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 74%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Account analyst vs accounting analyst demographics

Here are the differences between account analysts' and accounting analysts' demographics:

	Account Analyst	Accounting Analyst
Average age	44	44
Gender ratio	Male, 38.0% Female, 62.0%	Male, 41.6% Female, 58.4%
Race ratio	Black or African American, 8.9% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between account analyst and accounting analyst duties and responsibilities

Account analyst example responsibilities.

Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
Prepare and review KYC require documentation for multiple business lines.
Prepare weekly payroll through ADP and reconciliation of quarterly payroll taxes and reports.
Prepare PowerPoint presentation for CFO to deliver budget report to board and finance committees.
Prepare monthly payroll and accompanying journal entries, and process ADP payroll and reconciliation.
Consolidate orders going to the same location and submit to warehouse by EDI or fax transmission.

Accounting analyst example responsibilities.

Manage and process all ACH, EFT and wire transfer transactions daily (debit or credits).
Manage reconciling monthly discrepancies between ERP transfers.
Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
Maintain accounting controls by following GAAP and internal accounting policies; maintain financial security by following internal controls.
Review and approve monthly general ledger and bank account reconciliations for special condition accounts to ensure procedural consistency and compliance.

Account analyst vs accounting analyst skills

Common account analyst skills

Customer Service, 17%
Patients, 11%
Financial Statements, 9%
Financial Reports, 5%
PowerPoint, 4%
Reconciliations, 4%

Common accounting analyst skills

Reconciliations, 12%
Customer Service, 7%
Account Reconciliations, 6%
GAAP, 5%
Strong Analytical, 4%
Payroll, 4%

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Account Analyst vs Accounting Analyst

Updated January 8, 2025

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