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Accountant internship vs general accountant

The differences between accountant interns and general 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 internship and a general accountant. Additionally, a general accountant has an average salary of $55,043, which is higher than the $33,484 average annual salary of an accountant internship.

The top three skills for an accountant internship include R, account management and powerpoint. The most important skills for a general accountant are financial data, reconciliations, and cash handling.

Accountant internship vs general accountant overview

Accountant InternshipGeneral Accountant
Yearly salary$33,484$55,043
Hourly rate$16.10$26.46
Growth rate6%6%
Number of jobs82,92487,663
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 75%
Average age4444
Years of experience44

What does an accountant internship do?

An accounting intern is responsible for assisting an organization's accounting department, observing practical applications and processes, and performing accounting duties under the supervision of tenured accounting staff. Accounting interns support the accounting operations by preparing and organizing financial reports, helping with accounts reconciliation, researching financial and stock market trends, utilizing various accounting software, and managing feedback from their mentors. An accounting intern must be detail-oriented and a fast-learner, immediately adjusting to the company's culture and actively cooperating with the team to ensure a smooth flow of operations.

What does a general accountant do?

A general accountant is responsible for evaluating account statements, conducting data analysis with financial transactions, and generating reports on revenues, expenses, and sales forecasting. These accountants manage discrepancies on the company and clients' profiles, including bank reconciliations and processing of account receivables and payables. They also handle the release of invoices and petty cash, analyzing balance sheets, and updating accurate financial information on the database. A general accountant must have excellent analytical skills, as well as extensive knowledge of the accounting principles and disciplines.

Accountant internship vs general accountant salary

Accountant interns and general accountants have different pay scales, as shown below.

Accountant InternshipGeneral Accountant
Average salary$33,484$55,043
Salary rangeBetween $24,000 And $45,000Between $40,000 And $73,000
Highest paying CityBellevue, WAWashington, DC
Highest paying stateWashingtonNew Jersey
Best paying companyNovogradacApple
Best paying industryMediaAutomotive

Differences between accountant internship and general accountant education

There are a few differences between an accountant internship and a general accountant in terms of educational background:

Accountant InternshipGeneral Accountant
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accountant internship vs general accountant demographics

Here are the differences between accountant interns' and general accountants' demographics:

Accountant InternshipGeneral Accountant
Average age4444
Gender ratioMale, 46.4% Female, 53.6%Male, 43.1% Female, 56.9%
Race ratioBlack or African American, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.4% White, 59.8% American Indian and Alaska Native, 0.5%Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 13.7% White, 62.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accountant internship and general accountant duties and responsibilities

Accountant internship example responsibilities.

  • Develop and manage CRM system to identify cross sell and up sell opportunities.
  • Create RFP responses for IDHN's to achieve a more compliant, long term agreement.
  • Work with manage care, medical reimbursement and Medicaid issues/challenges.
  • Perform market research, creating a client PowerPoint presentation with competitive intelligence.
  • Leverage senior role to train and mentor associates with day-to-day performance.
  • Support sales team to deliver presentations, premise visits and RFP preparations.
  • Show more

General accountant example responsibilities.

  • Manage payroll functions, financial statements, accounts payable, basic job cost, account analysis, accruals, year-end audits.
  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Assist manager with cash flow, preparing financial statement, BBC, and report to CPA.
  • Create budget at beginning and coordinate CPA firm's audit at the end of year.
  • Assist in any kind of audit engagement (internal control, external, SOX, etc . )
  • Provide support for the controller with period-end close accruals and journal entries and assist in various duties and responsibilities.
  • Show more

Accountant internship vs general accountant skills

Common accountant internship skills
  • R, 9%
  • Account Management, 8%
  • PowerPoint, 8%
  • Renewable Energy, 8%
  • Journal Entries, 5%
  • Payroll, 4%
Common general accountant skills
  • Financial Data, 11%
  • Reconciliations, 10%
  • Cash Handling, 9%
  • Vendor Invoices, 6%
  • General Ledger Accounts, 6%
  • Account Reconciliations, 5%

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