Budget accountant vs senior accountant

The differences between budget accountants and senior 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 senior accountant. Additionally, a senior accountant has an average salary of $71,967, which is higher than the $59,192 average annual salary of a budget accountant.

The top three skills for a budget accountant include financial data, fixed assets and journal entries. The most important skills for a senior accountant are reconciliations, CPA, and GAAP.

Budget accountant vs senior accountant overview

	Budget Accountant	Senior Accountant
Yearly salary	$59,192	$71,967
Hourly rate	$28.46	$34.60
Growth rate	6%	6%
Number of jobs	33,777	76,816
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 78%
Average age	44	44
Years of experience	4	4

Budget accountant vs senior accountant salary

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

	Budget Accountant	Senior Accountant
Average salary	$59,192	$71,967
Salary range	Between $43,000 And $80,000	Between $55,000 And $92,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New York	New York
Best paying company	Genentech	Google
Best paying industry	Finance	Finance

Differences between budget accountant and senior accountant education

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

	Budget Accountant	Senior Accountant
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 78%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Budget accountant vs senior accountant demographics

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

	Budget Accountant	Senior Accountant
Average age	44	44
Gender ratio	Male, 49.6% Female, 50.4%	Male, 46.9% Female, 53.1%
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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.5% White, 61.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between budget accountant and senior 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.

Senior accountant example responsibilities.

Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
Prepare internal financial reports for treasury manage accounts include in external compliance reports.
Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
Compile and analyze financial information to prepare monthly accruals, payroll journal, general journal and bank reconciliations.
Research and develop policies around Medicaid and Medicare billings and prepare Medicaid cost reports.
Coordinate submissions of financial data from regional divisions and prepare the consolidated company financial statement using Hyperion program.

Budget accountant vs senior accountant skills

Common budget accountant skills

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

Common senior accountant skills

Reconciliations, 13%
CPA, 8%
GAAP, 7%
External Auditors, 4%
Internal Controls, 4%
Payroll, 4%