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The differences between asset analysts and accounting 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 asset analyst and an accounting analyst. Additionally, an asset analyst has an average salary of $72,242, which is higher than the $58,399 average annual salary of an accounting analyst.
The top three skills for an asset analyst include asset management, fixed assets and real estate. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.
| Asset Analyst | Accounting Analyst | |
| Yearly salary | $72,242 | $58,399 |
| Hourly rate | $34.73 | $28.08 |
| Growth rate | 9% | 6% |
| Number of jobs | 67,864 | 81,097 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 74% |
| Average age | 40 | 44 |
| Years of experience | 4 | 4 |
Asset analysts are accounting professionals who specialize in the management of the company's assets. They maintain the company's record of assets. They ensure that their database is updated. They also ensure that all physical assets are properly maintained. Asset analysts prepare reports related to these assets and draft recommendations as needed. They also keep themselves updated on the current trends in both the industry and in the economic market. They should always be on the lookout for possible asset acquisitions to improve the company's economic standing.
An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.
Asset analysts and accounting analysts have different pay scales, as shown below.
| Asset Analyst | Accounting Analyst | |
| Average salary | $72,242 | $58,399 |
| Salary range | Between $47,000 And $109,000 | Between $42,000 And $79,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Massachusetts | New York |
| Best paying company | Pacific Investment Management Company LLC | |
| Best paying industry | Finance | Finance |
There are a few differences between an asset analyst and an accounting analyst in terms of educational background:
| Asset Analyst | Accounting Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 74% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between asset analysts' and accounting analysts' demographics:
| Asset Analyst | Accounting Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 41.6% Female, 58.4% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |