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Accountant vs senior accountant analyst

The differences between accountants 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 and a senior accountant analyst. Additionally, a senior accountant analyst has an average salary of $75,282, which is higher than the $54,890 average annual salary of an accountant.

The top three skills for an accountant include reconciliations, general ledger accounts and account reconciliations. The most important skills for a senior accountant analyst are reconciliations, external auditors, and account reconciliations.

Accountant vs senior accountant analyst overview

AccountantSenior Accountant Analyst
Yearly salary$54,890$75,282
Hourly rate$26.39$36.19
Growth rate6%6%
Number of jobs60,07382,010
Job satisfaction3-
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 75%
Average age4444
Years of experience44

What does an accountant do?

An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.

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 vs senior accountant analyst salary

Accountants and senior accountant analysts have different pay scales, as shown below.

AccountantSenior Accountant Analyst
Average salary$54,890$75,282
Salary rangeBetween $41,000 And $72,000Between $58,000 And $97,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew YorkWashington
Best paying companyMetaBMO Capital Markets
Best paying industryTechnologyFinance

Differences between accountant and senior accountant analyst education

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

AccountantSenior Accountant Analyst
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accountant vs senior accountant analyst demographics

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

AccountantSenior Accountant Analyst
Average age4444
Gender ratioMale, 38.2% Female, 61.8%Male, 49.4% Female, 50.6%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% 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 and senior accountant analyst duties and responsibilities

Accountant example responsibilities.

  • Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
  • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
  • Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
  • Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.
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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.
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Accountant vs senior accountant analyst skills

Common accountant skills
  • Reconciliations, 14%
  • General Ledger Accounts, 6%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Payroll Tax Returns, 5%
  • Customer Service, 5%
Common senior accountant analyst skills
  • Reconciliations, 11%
  • External Auditors, 5%
  • Account Reconciliations, 5%
  • General Ledger Accounts, 5%
  • GAAP, 5%
  • Financial Analysis, 5%

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