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Accounting internship vs staff accountant

The differences between accounting interns and staff accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounting internship, becoming a staff accountant takes usually requires 2-4 years. Additionally, a staff accountant has an average salary of $54,216, which is higher than the $30,642 average annual salary of an accounting internship.

The top three skills for an accounting internship include reconciliations, data entry and payroll. The most important skills for a staff accountant are reconciliations, account reconciliations, and GAAP.

Accounting internship vs staff accountant overview

Accounting InternshipStaff Accountant
Yearly salary$30,642$54,216
Hourly rate$14.73$26.07
Growth rate-5%6%
Number of jobs80,299115,930
Job satisfaction-4
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age5144
Years of experience64

What does an accounting internship do?

An accounting internship is a trainee who reports to an organization's accountant in order to learn about the accounting field, complete financial projects and files taxes, and financial reports. An intern should be a graduate of a Bachelor's or Master's in Accounting and should have an aptitude for mathematics and proficiency with computers. In order to prepare financial reports, an intern should possess knowledge with bookkeeping software. An intern must also know how to handle sensitive information with honesty and integrity.

What does a staff accountant do?

Staff accountants are employees who are part of the company's accounting department. They are usually certified public accountants (CPAs). Staff accountants should be familiar with accounting tasks. Previous accounting experiences play a huge advantage in their success. They perform a variety of accounting responsibilities such as information verification and analysis, financial report preparation and presentation, financial account reconciliation, billing and payment receiving activities, vendor database management, and invoice processing requirements. They should also know how to do bookkeeping. Staff accountants should have good communication skills, analytical skills, and decision-making skills. They should also be organized and trustworthy since they will be handling confidential information.

Accounting internship vs staff accountant salary

Accounting interns and staff accountants have different pay scales, as shown below.

Accounting InternshipStaff Accountant
Average salary$30,642$54,216
Salary rangeBetween $24,000 And $38,000Between $42,000 And $68,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateCaliforniaNew York
Best paying companyBWX TechnologiesMeta
Best paying industryTelecommunicationGovernment

Differences between accounting internship and staff accountant education

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

Accounting InternshipStaff Accountant
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting internship vs staff accountant demographics

Here are the differences between accounting interns' and staff accountants' demographics:

Accounting InternshipStaff Accountant
Average age5144
Gender ratioMale, 53.3% Female, 46.7%Male, 41.6% Female, 58.4%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.4% White, 61.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accounting internship and staff accountant duties and responsibilities

Accounting internship example responsibilities.

  • Acquire training on the automated ADP payroll system which lead to a recommendation for the payroll manager position.
  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Prepare and process accounts payable checks and ACH payments.
  • Code diagnosis and add appropriate modifiers to CPT codes.
  • Prepare and maintain monthly departmental reports to maintain SOX compliance.
  • Demonstrate knowledge of medical terminology, ICD-9 codes, and CPT codes.
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Staff accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Contribute revenue accruals using job cost system, fix assets including reclassification, reconciliation and depreciation.
  • Prepare month-end journal entries and assist in compilation of financial statements, reconcile bank statements and general ledgers.
  • Complete audit-quality account reconciliations monthly for balance sheet accounts including the capital projects in progress accounts and miscellaneous revenue accounts.
  • Assume responsibility for cash management encompassing wire and ACH transfers processing, bank activity confirmation, and monthly bank account reconciliations.
  • Handle all A/R and A/P, payroll, change orders, collections, lien placement and release, vendor account management.
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Accounting internship vs staff accountant skills

Common accounting internship skills
  • Reconciliations, 14%
  • Data Entry, 7%
  • Payroll, 6%
  • First Hand, 6%
  • Work Ethic, 6%
  • Account Reconciliations, 5%
Common staff accountant skills
  • Reconciliations, 15%
  • Account Reconciliations, 7%
  • GAAP, 6%
  • General Ledger Accounts, 4%
  • External Auditors, 4%
  • Internal Controls, 4%

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