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Account officer vs senior officer

The differences between account officers and senior officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an account officer and a senior officer. Additionally, a senior officer has an average salary of $72,721, which is higher than the $55,021 average annual salary of an account officer.

The top three skills for an account officer include payroll, KYC and external auditors. The most important skills for a senior officer are real estate, professional development, and SR.

Account officer vs senior officer overview

Account OfficerSenior Officer
Yearly salary$55,021$72,721
Hourly rate$26.45$34.96
Growth rate17%17%
Number of jobs135,55984,196
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 57%
Average age4646
Years of experience88

Account officer vs senior officer salary

Account officers and senior officers have different pay scales, as shown below.

Account OfficerSenior Officer
Average salary$55,021$72,721
Salary rangeBetween $37,000 And $80,000Between $39,000 And $134,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyCitiU.S. Securities and Exchange Commission
Best paying industryEnergyFinance

Differences between account officer and senior officer education

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

Account OfficerSenior Officer
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 57%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account officer vs senior officer demographics

Here are the differences between account officers' and senior officers' demographics:

Account OfficerSenior Officer
Average age4646
Gender ratioMale, 56.6% Female, 43.4%Male, 67.6% Female, 32.4%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between account officer and senior officer duties and responsibilities

Account officer example responsibilities.

  • Develop RFP responses and consistently demonstrate flawless execution to achieve continual growth in each account.
  • Perform payroll function such as maintaining timekeeping information, processing and submitting payroll.
  • Maintain staff payroll and ensure early remittance of statutory deductions to the relevant authorities.
  • Secure a promotion within one year by assuming journal entry and basic reconciliations responsibilities in addition to already performing AP functions.
  • Perform charge corrections on specific accounts requiring ICD-9 coding changes.
  • Review patient's explanation of benefits (EOB) to determine the specific financial obligation.
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Senior officer example responsibilities.

  • Manage ERP system implementation, reduce lead-time; improve quality control, and outsourcing.
  • Lead RFP's, RFQ's and RFI's for vendor selections for various technology projects.
  • Collaborate with the staff of support departments to manage the process from loan origination to loan closure.
  • Manage an ERP system upgrade assessment for a large, global manufacturer and distributor of home products (Amway).
  • Manage a portfolio of bond loans secure by affordable multifamily housing.
  • Manage a portfolio of donor prospects involving meeting, cultivation, solicitation and stewardship.
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Account officer vs senior officer skills

Common account officer skills
  • Payroll, 8%
  • KYC, 7%
  • External Auditors, 7%
  • General Ledger Accounts, 7%
  • Loan Applications, 6%
  • Real Estate, 6%
Common senior officer skills
  • Real Estate, 19%
  • Professional Development, 19%
  • SR, 18%
  • Origination, 15%
  • Risk Management, 5%
  • Portfolio, 4%

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