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Budget accountant vs staff accountant

The differences between budget accountants and 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 budget accountant and a staff accountant. Additionally, a budget accountant has an average salary of $59,192, which is higher than the $54,216 average annual salary of a staff accountant.

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

Budget accountant vs staff accountant overview

Budget AccountantStaff Accountant
Yearly salary$59,192$54,216
Hourly rate$28.46$26.07
Growth rate6%6%
Number of jobs33,777115,930
Job satisfaction-4
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 76%
Average age4444
Years of experience44

Budget accountant vs staff accountant salary

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

Budget AccountantStaff Accountant
Average salary$59,192$54,216
Salary rangeBetween $43,000 And $80,000Between $42,000 And $68,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkNew York
Best paying companyGenentechMeta
Best paying industryFinanceGovernment

Differences between budget accountant and staff accountant education

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

Budget AccountantStaff Accountant
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Budget accountant vs staff accountant demographics

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

Budget AccountantStaff Accountant
Average age4444
Gender ratioMale, 49.6% Female, 50.4%Male, 41.6% Female, 58.4%
Race ratioBlack 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, 14.4% White, 61.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between budget accountant and staff 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.

Staff accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Contribute revenue accruals using job cost system, fix assets including reclassification, reconciliation and depreciation.
  • Prepare month-end journal entries and assist in compilation of financial statements, reconcile bank statements and general ledgers.
  • Complete audit-quality account reconciliations monthly for balance sheet accounts including the capital projects in progress accounts and miscellaneous revenue accounts.
  • Assume responsibility for cash management encompassing wire and ACH transfers processing, bank activity confirmation, and monthly bank account reconciliations.
  • Handle all A/R and A/P, payroll, change orders, collections, lien placement and release, vendor account management.
  • Show more

Budget accountant vs staff accountant skills

Common budget accountant skills
  • Financial Data, 14%
  • Fixed Assets, 14%
  • Journal Entries, 14%
  • Reconciliations, 13%
  • Budget Preparation, 6%
  • Balance Sheet, 6%
Common staff accountant skills
  • Reconciliations, 15%
  • Account Reconciliations, 7%
  • GAAP, 6%
  • General Ledger Accounts, 4%
  • External Auditors, 4%
  • Internal Controls, 4%

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