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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 | Senior Accountant Analyst | |
| Yearly salary | $56,906 | $75,282 |
| Hourly rate | $27.36 | $36.19 |
| Growth rate | 6% | 6% |
| Number of jobs | 60,024 | 82,010 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 75% |
| 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.
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-contractors and senior accountant analysts have different pay scales, as shown below.
| Accountant-Contractor | Senior Accountant Analyst | |
| Average salary | $56,906 | $75,282 |
| Salary range | Between $44,000 And $73,000 | Between $58,000 And $97,000 |
| Highest paying City | Newark, NJ | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Broadridge | BMO Capital Markets |
| Best paying industry | Energy | Finance |
There are a few differences between an accountant-contractor and a senior accountant analyst in terms of educational background:
| Accountant-Contractor | Senior Accountant Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 75% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accountant-contractors' and senior accountant analysts' demographics:
| Accountant-Contractor | Senior Accountant Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.8% Female, 56.2% | Male, 49.4% Female, 50.6% |
| 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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.1% White, 62.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |