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Account leader vs senior cost accountant

The differences between account leaders and senior cost 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 leader and a senior cost accountant. Additionally, an account leader has an average salary of $108,843, which is higher than the $65,824 average annual salary of a senior cost accountant.

The top three skills for an account leader include account management, customer service and business development. The most important skills for a senior cost accountant are reconciliations, variance analysis, and GAAP.

Account leader vs senior cost accountant overview

Account LeaderSenior Cost Accountant
Yearly salary$108,843$65,824
Hourly rate$52.33$31.65
Growth rate6%6%
Number of jobs135,20745,010
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 79%
Average age4444
Years of experience44

What does an account leader do?

Account leaders are assigned to work on specific client accounts and assist these clients with their needs. They should treat their clients as partners. This would help them forge a better working relationship with clients. Account leaders should have high business acumen and a strong grasp of the current industry landscape. They should be familiar with the company's products and services and which product or service best fits the clients' needs. Account leaders should also know how to retain clients and maintain the client base. They may do this by regularly checking up on clients, making clients feel valued, and mitigating any challenges that may arise.

What does a senior cost accountant do?

A senior cost accountant is an individual who maintains detailed costs in a company's system and provides cost analysis that supports operations and sales. Senior cost accountants are required to review inventory and deal with manufacturing personnel to control and analyze standard costs. They must record cost information to be used in controlling expenditures as well as recommend cost efficiencies in new product layouts. Senior cost accountants must also provide reports that specify and compare factors affecting prices and profitability of products or services to the management.

Account leader vs senior cost accountant salary

Account leaders and senior cost accountants have different pay scales, as shown below.

Account LeaderSenior Cost Accountant
Average salary$108,843$65,824
Salary rangeBetween $75,000 And $157,000Between $48,000 And $89,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyNew Jersey
Best paying companyPoint BOraSure Technologies
Best paying industryProfessionalHealth Care

Differences between account leader and senior cost accountant education

There are a few differences between an account leader and a senior cost accountant in terms of educational background:

Account LeaderSenior Cost Accountant
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 79%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account leader vs senior cost accountant demographics

Here are the differences between account leaders' and senior cost accountants' demographics:

Account LeaderSenior Cost Accountant
Average age4444
Gender ratioMale, 48.4% Female, 51.6%Male, 59.7% Female, 40.3%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5%Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.3% White, 64.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between account leader and senior cost accountant duties and responsibilities

Account leader example responsibilities.

  • Develop and manage CRM databases for major retailers.
  • Lead the design and development team for Claro Colombia, the largest telecommunication company in LatAm.
  • Develop RFP responses and consistently demonstrate flawless execution to achieve continual growth in each account.
  • Utilize PeopleSoft ERP financials, purchasing, inventory, and human resources modules.
  • Supervise team of 3 and serve as group liaison for all Sarbanes-Oxley (SOX) documentation to external and internal auditors.
  • Analyze financial statements and prepare financial reports and reconcile bank statements and payroll accounts.
  • Show more

Senior cost accountant example responsibilities.

  • Manage quarterly inventory reserves in accordance with company policy which follows GAAP guidance.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Process month end close including journal entries, account reconciliations, variance analysis, financial statement preparation and corporate reporting.
  • Provide user training and technical support for ERP and payroll systems.
  • Implement process improvements for monthly close process and SOX documentation retention.
  • Complete account reconciliations in accordance with maintaining the integrity of assets and liabilities for balance sheet inventory accounts.
  • Show more

Account leader vs senior cost accountant skills

Common account leader skills
  • Account Management, 14%
  • Customer Service, 13%
  • Business Development, 6%
  • Project Management, 6%
  • Reconciliations, 4%
  • Digital Marketing, 4%
Common senior cost accountant skills
  • Reconciliations, 9%
  • Variance Analysis, 6%
  • GAAP, 5%
  • Account Reconciliations, 4%
  • SR, 4%
  • SOX, 3%

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