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Accountant/consultant vs fixed asset accountant

The differences between accountant/consultants and fixed asset 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 accountant/consultant and a fixed asset accountant. Additionally, an accountant/consultant has an average salary of $64,298, which is higher than the $59,691 average annual salary of a fixed asset accountant.

The top three skills for an accountant/consultant include account management, product knowledge and strong analytical. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Accountant/consultant vs fixed asset accountant overview

Accountant/ConsultantFixed Asset Accountant
Yearly salary$64,298$59,691
Hourly rate$30.91$28.70
Growth rate6%6%
Number of jobs38,91642,860
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 77%
Average age4444
Years of experience44

What does an accountant/consultant do?

Accountants/consultants perform accounting tasks for organizations or companies. The accountants improve accounting practices and prepare financial statements at the end of every year. They analyze financial data and offer advice on regulatory compliance issues to the finance department. It is their job to make sure that the online system is secure. Most of the day, they organize invoices, prepare statements, and supervising systems. They should be equipped with analytical skills, industry knowledge, critical thinking, and interpersonal communication.

What does a fixed asset accountant do?

A fixed asset accountant is responsible for processing statement reports for the company's assets, organizing account records, and handling bank reconciliations and disputes. Fixed asset accountants must have excellent knowledge of the accounting principles to determine and track the assets dispositions in various accounting systems for reference. They also ensure the accurate balance and calculate the value of all fixed assets for reports. A fixed asset accountant should be highly analytical to measure asset obligations and provide recommendations for asset acquisition.

Accountant/consultant vs fixed asset accountant salary

Accountant/consultants and fixed asset accountants have different pay scales, as shown below.

Accountant/ConsultantFixed Asset Accountant
Average salary$64,298$59,691
Salary rangeBetween $47,000 And $86,000Between $46,000 And $76,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyIBMApple
Best paying industryFinanceEnergy

Differences between accountant/consultant and fixed asset accountant education

There are a few differences between an accountant/consultant and a fixed asset accountant in terms of educational background:

Accountant/ConsultantFixed Asset Accountant
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 77%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accountant/consultant vs fixed asset accountant demographics

Here are the differences between accountant/consultants' and fixed asset accountants' demographics:

Accountant/ConsultantFixed Asset Accountant
Average age4444
Gender ratioMale, 47.1% Female, 52.9%Male, 43.8% Female, 56.2%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 63.8% American Indian and Alaska Native, 0.5%Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accountant/consultant and fixed asset accountant duties and responsibilities

Accountant/consultant example responsibilities.

  • Manage a staff of five to ensure their compliance with GAAP as well as best practices.
  • Manage company responsibilities for budgets, forecasting, payroll and accounts receivable.
  • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
  • Select and run weekly check run, ACH payments, and foreign payments.
  • Process bi-weekly ACH and EFT payment to vendors, reimbursement and rush check payments.
  • Coordinate with external CPA on financial tax filings i.e. , 990 for IRS regulations and maintain of IRS 501C status.
  • Show more

Fixed asset accountant example responsibilities.

  • Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Monitor purchase orders and calculate month-end accruals.
  • Support internal and external audit requirements and verify SOX documentation.
  • Calculate and reconcile deferred rent liability accruals for office leases.
  • Set up a consolidate and centralize SOX depository for require documentation.
  • Show more

Accountant/consultant vs fixed asset accountant skills

Common accountant/consultant skills
  • Account Management, 17%
  • Product Knowledge, 14%
  • Strong Analytical, 13%
  • Leveraged, 9%
  • Customer Service, 8%
  • Customer Satisfaction, 6%
Common fixed asset accountant skills
  • Fixed Assets, 16%
  • Reconciliations, 8%
  • Asset System, 6%
  • GAAP, 5%
  • Financial Statements, 4%
  • Account Reconciliations, 4%

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