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The differences between account analysts and general accountants 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 a general accountant. Additionally, an account analyst has an average salary of $55,829, which is higher than the $55,043 average annual salary of a general accountant.
The top three skills for an account analyst include customer service, patients and financial statements. The most important skills for a general accountant are financial data, reconciliations, and cash handling.
| Account Analyst | General Accountant | |
| Yearly salary | $55,829 | $55,043 |
| Hourly rate | $26.84 | $26.46 |
| Growth rate | 6% | 6% |
| Number of jobs | 106,327 | 87,663 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 75% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
A general accountant is responsible for evaluating account statements, conducting data analysis with financial transactions, and generating reports on revenues, expenses, and sales forecasting. These accountants manage discrepancies on the company and clients' profiles, including bank reconciliations and processing of account receivables and payables. They also handle the release of invoices and petty cash, analyzing balance sheets, and updating accurate financial information on the database. A general accountant must have excellent analytical skills, as well as extensive knowledge of the accounting principles and disciplines.
Account analysts and general accountants have different pay scales, as shown below.
| Account Analyst | General Accountant | |
| Average salary | $55,829 | $55,043 |
| Salary range | Between $39,000 And $78,000 | Between $40,000 And $73,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New Jersey |
| Best paying company | Venable | Apple |
| Best paying industry | Finance | Automotive |
There are a few differences between an account analyst and a general accountant in terms of educational background:
| Account Analyst | General Accountant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 75% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between account analysts' and general accountants' demographics:
| Account Analyst | General Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.0% Female, 62.0% | Male, 43.1% Female, 56.9% |
| 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, 11.1% Asian, 13.7% White, 62.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |