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Bank teller vs accountant

The differences between bank tellers and accountants can be seen in a few details. Each job has different responsibilities and duties. Additionally, an accountant has an average salary of $54,890, which is higher than the $32,043 average annual salary of a bank teller.

The top three skills for a bank teller include customer service, savings withdrawals and bank products. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Bank teller vs accountant overview

Bank TellerAccountant
Yearly salary$32,043$54,890
Hourly rate$15.41$26.39
Growth rate-12%6%
Number of jobs23,44660,073
Job satisfaction-3
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 71%
Average age3944
Years of experience-4

What does a bank teller do?

Bank tellers are usually considered the face of the bank's branches. They assist clients in their over-the-counter transactions. They process client requests such as updates or changes in the account, cash or check deposits, withdrawals, and any other request related to the client's bank account. They provide customer service to clients and ensure that they are happy with the bank's services. Tellers should also be able to validate requests and transactions. They should have administrative and clerical skills since they handle the filing of documents for some transactions. They should also have organizational and basic accounting skills and should be trustworthy.

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.

Bank teller vs accountant salary

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

Bank TellerAccountant
Average salary$32,043$54,890
Salary rangeBetween $26,000 And $38,000Between $41,000 And $72,000
Highest paying CitySunnyvale, CAWashington, DC
Highest paying stateMassachusettsNew York
Best paying companyTinker Federal Credit UnionMeta
Best paying industryFinanceTechnology

Differences between bank teller and accountant education

There are a few differences between a bank teller and an accountant in terms of educational background:

Bank TellerAccountant
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 71%
Most common majorBusinessAccounting
Most common college-University of Pennsylvania

Bank teller vs accountant demographics

Here are the differences between bank tellers' and accountants' demographics:

Bank TellerAccountant
Average age3944
Gender ratioMale, 24.1% Female, 75.9%Male, 38.2% Female, 61.8%
Race ratioBlack or African American, 9.8% Unknown, 3.4% Hispanic or Latino, 20.9% Asian, 7.3% White, 58.0% American Indian and Alaska Native, 0.6%Black 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%
LGBT Percentage7%7%

Differences between bank teller and accountant duties and responsibilities

Bank teller example responsibilities.

  • Obtain many skills including balancing drawer every day, balancing the coin machine, the coin vault, and ATM vaults.
  • Front end assistant to manager, door greeter, phone greeter, ATM custodian, TCD custodian, open and close bank
  • Receive TD acknowledgement of accomplishments, quarterly recognition and position increases.
  • Provide guidance to customer's and non-customers using a consultative sales approach in uncovering additional needs for cross-sell opportunities.
  • Analyze customer's needs, determine appropriate products and services and uncover additional cross-selling opportunities with existing and prospective clients.
  • Notify members of financial opportunities base on banking history resulting in increase upselling
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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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Bank teller vs accountant skills

Common bank teller skills
  • Customer Service, 19%
  • Savings Withdrawals, 8%
  • Bank Products, 6%
  • Cash Handling, 6%
  • Cross-Sell, 5%
  • Customer Relationships, 4%
Common accountant skills
  • Reconciliations, 14%
  • General Ledger Accounts, 6%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Payroll Tax Returns, 5%
  • Customer Service, 5%

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