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The differences between accountant-contractors 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-contractor and a fixed asset accountant. Additionally, a fixed asset accountant has an average salary of $59,691, which is higher than the $56,906 average annual salary of an accountant-contractor.
The top three skills for an accountant-contractor include reconciliations, general ledger accounts and payroll taxes. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.
| Accountant-Contractor | Fixed Asset Accountant | |
| Yearly salary | $56,906 | $59,691 |
| Hourly rate | $27.36 | $28.70 |
| Growth rate | 6% | 6% |
| Number of jobs | 60,024 | 42,860 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 77% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An accountant contractor directly manages a customer's business. The contractor works exclusively on the company and organizes all its financial reports. The accountant contractor controls, inspects, and encodes all the company's financial transactions, ensuring that everything is well-accounted for and adequately documenting its activities. The contractor must be licensed, have expert skills in accountancy, be well-organized, have a high level of communication skills, and work under pressure.
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-contractors and fixed asset accountants have different pay scales, as shown below.
| Accountant-Contractor | Fixed Asset Accountant | |
| Average salary | $56,906 | $59,691 |
| Salary range | Between $44,000 And $73,000 | Between $46,000 And $76,000 |
| Highest paying City | Newark, NJ | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Broadridge | Apple |
| Best paying industry | Energy | Energy |
There are a few differences between an accountant-contractor and a fixed asset accountant in terms of educational background:
| Accountant-Contractor | Fixed Asset Accountant | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 77% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accountant-contractors' and fixed asset accountants' demographics:
| Accountant-Contractor | Fixed Asset Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.8% Female, 56.2% | Male, 43.8% Female, 56.2% |
| Race ratio | Black or African American, 8.9% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.3% 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 Percentage | 7% | 7% |