Budget accountant vs junior accountant

The differences between budget accountants and junior 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 a junior accountant. Additionally, a budget accountant has an average salary of $59,192, which is higher than the $50,444 average annual salary of a junior accountant.

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

Budget accountant vs junior accountant overview

	Budget Accountant	Junior Accountant
Yearly salary	$59,192	$50,444
Hourly rate	$28.46	$24.25
Growth rate	6%	6%
Number of jobs	33,777	57,892
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 70%
Average age	44	44
Years of experience	4	4

Budget accountant vs junior accountant salary

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

	Budget Accountant	Junior Accountant
Average salary	$59,192	$50,444
Salary range	Between $43,000 And $80,000	Between $38,000 And $66,000
Highest paying City	New York, NY	New York, NY
Highest paying state	New York	New York
Best paying company	Genentech	Fuhu
Best paying industry	Finance	Construction

Differences between budget accountant and junior accountant education

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

	Budget Accountant	Junior Accountant
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 70%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Budget accountant vs junior accountant demographics

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

	Budget Accountant	Junior Accountant
Average age	44	44
Gender ratio	Male, 49.6% Female, 50.4%	Male, 39.6% Female, 60.4%
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, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between budget accountant and junior 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.

Junior accountant example responsibilities.

Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
Perform and assist with month-end close procedures, including preparation of monthly balance sheet and income statement account reconciliations.
Identify hundreds of daily transactions from banking statements using QuickBooks and present monthly financial reports
Perform bank and credit card reconciliations and assist with month-end accruals in addition to inter-company reconciliations.
Prepare financial schedules, account reconciliations, and detail financial statements and reports for analysis, financial reporting, and decision-making.
Deposit checks into lockbox and post to funds to proper accounts daily.

Budget accountant vs junior accountant skills

Common budget accountant skills

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

Common junior accountant skills

Reconciliations, 18%
General Ledger Accounts, 8%
Account Reconciliations, 5%
Data Entry, 5%
QuickBooks, 4%
Payroll Taxes, 4%