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Accountant internship vs senior accountant

The differences between accountant interns and senior 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 senior accountant. Additionally, a senior accountant has an average salary of $71,967, 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 senior accountant are reconciliations, CPA, and GAAP.

Accountant internship vs senior accountant overview

Accountant InternshipSenior Accountant
Yearly salary$33,484$71,967
Hourly rate$16.10$34.60
Growth rate6%6%
Number of jobs82,92476,816
Job satisfaction-4
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 78%
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 senior accountant do?

A senior accountant is responsible for organizing financial reports, analyzing cost estimates, reviewing budget goals regularly, and making adjustments with the company's account statements as necessary. Senior accountants' duties also include managing account reconciliations, preparing tax documents, maintaining audit records and balance sheets, generating invoices, and providing recommendations to minimize possible financial loss. A senior accountant must have excellent analytical and critical-thinking skills and extensive knowledge of accounting and financial principles.

Accountant internship vs senior accountant salary

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

Accountant InternshipSenior Accountant
Average salary$33,484$71,967
Salary rangeBetween $24,000 And $45,000Between $55,000 And $92,000
Highest paying CityBellevue, WAWashington, DC
Highest paying stateWashingtonNew York
Best paying companyNovogradacGoogle
Best paying industryMediaFinance

Differences between accountant internship and senior accountant education

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

Accountant InternshipSenior Accountant
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accountant internship vs senior accountant demographics

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

Accountant InternshipSenior Accountant
Average age4444
Gender ratioMale, 46.4% Female, 53.6%Male, 46.9% Female, 53.1%
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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.5% White, 61.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accountant internship and senior 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.
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Senior accountant example responsibilities.

  • Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Compile and analyze financial information to prepare monthly accruals, payroll journal, general journal and bank reconciliations.
  • Research and develop policies around Medicaid and Medicare billings and prepare Medicaid cost reports.
  • Coordinate submissions of financial data from regional divisions and prepare the consolidated company financial statement using Hyperion program.
  • Show more

Accountant internship vs senior accountant skills

Common accountant internship skills
  • R, 9%
  • Account Management, 8%
  • PowerPoint, 8%
  • Renewable Energy, 8%
  • Journal Entries, 5%
  • Payroll, 4%
Common senior accountant skills
  • Reconciliations, 13%
  • CPA, 8%
  • GAAP, 7%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Payroll, 4%

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