Bank accountant vs senior staff accountant

The differences between bank accountants and senior staff accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a bank accountant and a senior staff accountant. Additionally, a senior staff accountant has an average salary of $65,019, which is higher than the $52,142 average annual salary of a bank accountant.

The top three skills for a bank accountant include reconciliations, general ledger and financial statements. The most important skills for a senior staff accountant are reconciliations, account reconciliations, and CPA.

Bank accountant vs senior staff accountant overview

	Bank Accountant	Senior Staff Accountant
Yearly salary	$52,142	$65,019
Hourly rate	$25.07	$31.26
Growth rate	6%	6%
Number of jobs	43,750	112,760
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 77%
Average age	44	44
Years of experience	4	4

Bank accountant vs senior staff accountant salary

Bank accountants and senior staff accountants have different pay scales, as shown below.

	Bank Accountant	Senior Staff Accountant
Average salary	$52,142	$65,019
Salary range	Between $39,000 And $68,000	Between $48,000 And $86,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	Calumet Specialty Products Partners
Best paying industry	-	Professional

Differences between bank accountant and senior staff accountant education

There are a few differences between a bank accountant and a senior staff accountant in terms of educational background:

	Bank Accountant	Senior Staff Accountant
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 77%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Bank accountant vs senior staff accountant demographics

Here are the differences between bank accountants' and senior staff accountants' demographics:

	Bank Accountant	Senior Staff Accountant
Average age	44	44
Gender ratio	Male, 36.9% Female, 63.1%	Male, 42.6% Female, 57.4%
Race ratio	Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.1% White, 62.2% American Indian and Alaska Native, 0.5%	Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between bank accountant and senior staff accountant duties and responsibilities

Bank accountant example responsibilities.

Manage accounting operations, accounting close, account reporting and reconciliations.
Assist in the creation, verification, and transmission of ACH files.
Collaborate with payroll conversion process from ADP to PeopleSoft; performing parallel testing and confirming accuracy of payroll information in PeopleSoft.
Review of contract documentation to determine billing requirements, reporting requirements and ERP setup for automate invoicing.

Senior staff accountant example responsibilities.

Manage month end close process including journal entries, departmental analysis and preparation of consolidate financial statements and account reconciliations.
Involve in revenue recognition research (ASC 985-605 vs. ASC 605-25).
Aid managers in performing AP duties, generate financial reports for CPA, and reconcile bank accounts for corporate office.
Prepare balance sheet reconciliations and general ledger analysis in accordance with GAAP.
Advance SaaS deal and rev accounting.
Cultivate productive, trustful relationship with external CPA firm, critical to producing successful audits and year-end reporting.

Bank accountant vs senior staff accountant skills

Common bank accountant skills

Reconciliations, 17%
General Ledger, 16%
Financial Statements, 15%
Financial Reports, 5%
Reconcile General Ledger, 5%
Balance Sheet, 5%

Common senior staff accountant skills

Reconciliations, 13%
Account Reconciliations, 7%
CPA, 7%
GAAP, 5%
General Ledger Accounts, 5%
Balance Sheet Accounts, 4%

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Bank Accountant vs Senior Staff Accountant

Updated January 8, 2025

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