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The differences between account associates and staff accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an account associate, becoming a staff accountant takes usually requires 2-4 years. Additionally, a staff accountant has an average salary of $54,216, which is higher than the $48,927 average annual salary of an account associate.
The top three skills for an account associate include customer service, work ethic and develop leads. The most important skills for a staff accountant are reconciliations, account reconciliations, and GAAP.
| Account Associate | Staff Accountant | |
| Yearly salary | $48,927 | $54,216 |
| Hourly rate | $23.52 | $26.07 |
| Growth rate | -5% | 6% |
| Number of jobs | 98,235 | 115,930 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 76% |
| Average age | 51 | 44 |
| Years of experience | 6 | 4 |
An account associate is responsible for supporting the accounting and finance department in performing accounting operations, bookkeeping functions, and other related clerical tasks. Account associates analyze and sort financial statements accordingly, assist on payroll processing, evaluate account reconciliations and receivables, create financial reports, and updating recent account information on the database. They also handle clients' inquiries and concerns, routing calls to the appropriate accounting staff or department. An account associate must have excellent analytical and communication skills, as well as comprehensive knowledge of the accounting principles.
Staff accountants are employees who are part of the company's accounting department. They are usually certified public accountants (CPAs). Staff accountants should be familiar with accounting tasks. Previous accounting experiences play a huge advantage in their success. They perform a variety of accounting responsibilities such as information verification and analysis, financial report preparation and presentation, financial account reconciliation, billing and payment receiving activities, vendor database management, and invoice processing requirements. They should also know how to do bookkeeping. Staff accountants should have good communication skills, analytical skills, and decision-making skills. They should also be organized and trustworthy since they will be handling confidential information.
Account associates and staff accountants have different pay scales, as shown below.
| Account Associate | Staff Accountant | |
| Average salary | $48,927 | $54,216 |
| Salary range | Between $35,000 And $67,000 | Between $42,000 And $68,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | New York |
| Best paying company | Pacific Investment Management Company LLC | Meta |
| Best paying industry | Finance | Government |
There are a few differences between an account associate and a staff accountant in terms of educational background:
| Account Associate | Staff Accountant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 76% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between account associates' and staff accountants' demographics:
| Account Associate | Staff Accountant | |
| Average age | 51 | 44 |
| Gender ratio | Male, 38.9% Female, 61.1% | Male, 41.6% Female, 58.4% |
| Race ratio | Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.4% American Indian and Alaska Native, 0.6% | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.4% White, 61.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |