Budget accountant vs accountant

The differences between budget accountants and 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 budget accountant and an accountant. Additionally, a budget accountant has an average salary of $59,192, which is higher than the $54,890 average annual salary of an accountant.

The top three skills for a budget accountant include financial data, fixed assets and journal entries. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Budget accountant vs accountant overview

	Budget Accountant	Accountant
Yearly salary	$59,192	$54,890
Hourly rate	$28.46	$26.39
Growth rate	6%	6%
Number of jobs	33,777	60,073
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 71%
Average age	44	44
Years of experience	4	4

Budget accountant vs accountant salary

Budget accountants and accountants have different pay scales, as shown below.

	Budget Accountant	Accountant
Average salary	$59,192	$54,890
Salary range	Between $43,000 And $80,000	Between $41,000 And $72,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New York	New York
Best paying company	Genentech	Meta
Best paying industry	Finance	Technology

Differences between budget accountant and accountant education

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

	Budget Accountant	Accountant
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 71%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Budget accountant vs accountant demographics

Here are the differences between budget accountants' and accountants' demographics:

	Budget Accountant	Accountant
Average age	44	44
Gender ratio	Male, 49.6% Female, 50.4%	Male, 38.2% Female, 61.8%
Race ratio	Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.7% White, 62.7% American Indian and Alaska Native, 0.5%	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 Percentage	7%	7%

Differences between budget accountant and accountant duties and responsibilities

Budget accountant example responsibilities.

Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
Prepare budgets, reconciliations and outcome reports for grants.
Facilitate data transfer and reconciliation between systems (TSI/T-II and PeopleSoft).
Review staffing compensations, medical benefits, professional insurances, headcount, and FTE metrics.
Collaborate extensively with CPA's office during preliminary and year-end audit/review process to ensure completeness of financial statements and tax returns.
Develop ROI analysis model for propose capital investments and authore requirements policy and process flow, which streamline decision-making process.

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.

Budget accountant vs accountant skills

Common budget accountant skills

Financial Data, 14%
Fixed Assets, 14%
Journal Entries, 14%
Reconciliations, 13%
Budget Preparation, 6%
Balance Sheet, 6%

Common accountant skills

Reconciliations, 14%
General Ledger Accounts, 6%
Account Reconciliations, 6%
GAAP, 5%
Payroll Tax Returns, 5%
Customer Service, 5%