Post job

Accountant-contractor vs senior accountant analyst

The differences between accountant-contractors and senior accountant analysts 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 senior accountant analyst. Additionally, a senior accountant analyst has an average salary of $75,282, 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 senior accountant analyst are reconciliations, external auditors, and account reconciliations.

Accountant-contractor vs senior accountant analyst overview

Accountant-ContractorSenior Accountant Analyst
Yearly salary$56,906$75,282
Hourly rate$27.36$36.19
Growth rate6%6%
Number of jobs60,02482,010
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 75%
Average age4444
Years of experience44

What does an accountant-contractor do?

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.

What does a senior accountant analyst do?

As a senior accountant analyst, your main role is to provide professional guidance to a company. You need to have excellent preparation skills to create financial reports that clearly state the expenses and forecast the company's financial future. You should always aim for accuracy and compliance. Moreover, as a senior accountant analyst, you are supposed to give general operational assistance to the company's management.

Accountant-contractor vs senior accountant analyst salary

Accountant-contractors and senior accountant analysts have different pay scales, as shown below.

Accountant-ContractorSenior Accountant Analyst
Average salary$56,906$75,282
Salary rangeBetween $44,000 And $73,000Between $58,000 And $97,000
Highest paying CityNewark, NJSan Francisco, CA
Highest paying stateNew JerseyWashington
Best paying companyBroadridgeBMO Capital Markets
Best paying industryEnergyFinance

Differences between accountant-contractor and senior accountant analyst education

There are a few differences between an accountant-contractor and a senior accountant analyst in terms of educational background:

Accountant-ContractorSenior Accountant Analyst
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accountant-contractor vs senior accountant analyst demographics

Here are the differences between accountant-contractors' and senior accountant analysts' demographics:

Accountant-ContractorSenior Accountant Analyst
Average age4444
Gender ratioMale, 43.8% Female, 56.2%Male, 49.4% Female, 50.6%
Race ratioBlack 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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.1% White, 62.2% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accountant-contractor and senior accountant analyst duties and responsibilities

Accountant-contractor example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Assist in preparing tax returns and financial statements and record various transactions in QuickBooks
  • Recommend processes and tasks to prepare SOX reviews and questions.
  • Assist CPA with all require tax documents, reports and follow up.
  • Assist in ACH process of setting up new vendor for direct deposit.
  • Consult with CPA on behalf of business presenting all financial materials to prepare for end-of-year taxes.
  • Show more

Senior accountant analyst example responsibilities.

  • Develop and manage Sarbanes-Oxley compliance procedures.
  • Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
  • Provide high-level financial analysis and accounting, conduct fixed asset analysis, variance analysis, account reconciliations, and month end-closes.
  • Perform relevant SOX controls accurately and timely.
  • Research and make technical recommendations regarding GAAP accounting issues.
  • Document and test control procedures in accordance with Sarbanes-Oxley regulations.
  • Show more

Accountant-contractor vs senior accountant analyst skills

Common accountant-contractor skills
  • Reconciliations, 14%
  • General Ledger Accounts, 9%
  • Payroll Taxes, 5%
  • Balance Sheet Accounts, 5%
  • Account Reconciliations, 5%
  • Purchase Orders, 4%
Common senior accountant analyst skills
  • Reconciliations, 11%
  • External Auditors, 5%
  • Account Reconciliations, 5%
  • General Ledger Accounts, 5%
  • GAAP, 5%
  • Financial Analysis, 5%

Browse business and financial jobs