Budget analyst vs fixed asset accountant

The differences between budget analysts and fixed asset 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 analyst and a fixed asset accountant. Additionally, a fixed asset accountant has an average salary of $59,691, which is higher than the $56,598 average annual salary of a budget analyst.

The top three skills for a budget analyst include financial management, budget analysis and financial reports. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Budget analyst vs fixed asset accountant overview

	Budget Analyst	Fixed Asset Accountant
Yearly salary	$56,598	$59,691
Hourly rate	$27.21	$28.70
Growth rate	3%	6%
Number of jobs	50,081	42,860
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 77%
Average age	47	44
Years of experience	4	4

What does a budget analyst do?

A budget analyst supports organizations and businesses by organizing their financial resources to develop and execute budgets for them. A budget analyst is also responsible for evaluating budget proposals, analyzing data, extra funds redistribution, recommending spending cuts, preparing reports annually, and estimating spending requirements in the future. A budget analyst explores alternative funding methods and uses cost-benefit analyses. In addition, budget analysts also look at past budgets and research any financial developments that could affect income and expenditures.

What does a fixed asset accountant do?

A fixed asset accountant is responsible for processing statement reports for the company's assets, organizing account records, and handling bank reconciliations and disputes. Fixed asset accountants must have excellent knowledge of the accounting principles to determine and track the assets dispositions in various accounting systems for reference. They also ensure the accurate balance and calculate the value of all fixed assets for reports. A fixed asset accountant should be highly analytical to measure asset obligations and provide recommendations for asset acquisition.

Budget analyst vs fixed asset accountant salary

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

	Budget Analyst	Fixed Asset Accountant
Average salary	$56,598	$59,691
Salary range	Between $42,000 And $76,000	Between $46,000 And $76,000
Highest paying City	Washington, DC	New York, NY
Highest paying state	Virginia	New York
Best paying company	Shenzhen Capital Group	Apple
Best paying industry	Government	Energy

Differences between budget analyst and fixed asset accountant education

There are a few differences between a budget analyst and a fixed asset accountant in terms of educational background:

	Budget Analyst	Fixed Asset Accountant
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 77%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Budget analyst vs fixed asset accountant demographics

Here are the differences between budget analysts' and fixed asset accountants' demographics:

	Budget Analyst	Fixed Asset Accountant
Average age	47	44
Gender ratio	Male, 45.7% Female, 54.3%	Male, 43.8% Female, 56.2%
Race ratio	Black or African American, 12.4% Unknown, 4.7% Hispanic or Latino, 15.3% Asian, 8.9% White, 57.7% American Indian and Alaska Native, 1.0%	Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	13%	7%

Differences between budget analyst and fixed asset accountant duties and responsibilities

Budget analyst example responsibilities.

Write and document SAS, SPSS and SQL programs to automate standard processes.
Manage accounting data of expenditures in ledgers; ensure all transactions are re-serve for obligation.
Manage virtual war room database and prepare advanced PowerPoint presentations for high-level briefings.
Manage credit card revenue reporting and reconciliations for multiple credit card merchant accounts which include recommending and implementing process improvements.
Provide corporate financial support services for multiple contracts and various contract types (FFP, CPFF, CPAF, etc . )
Prepare and present EAC projections, customer financial reports, and documents for program reviews.

Fixed asset accountant example responsibilities.

Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
Prepare internal financial reports for treasury manage accounts include in external compliance reports.
Monitor purchase orders and calculate month-end accruals.
Support internal and external audit requirements and verify SOX documentation.
Calculate and reconcile deferred rent liability accruals for office leases.
Set up a consolidate and centralize SOX depository for require documentation.

Budget analyst vs fixed asset accountant skills

Common budget analyst skills

Financial Management, 8%
Budget Analysis, 6%
Financial Reports, 5%
Financial Data, 4%
PowerPoint, 4%
Budget Estimates, 3%

Common fixed asset accountant skills

Fixed Assets, 16%
Reconciliations, 8%
Asset System, 6%
GAAP, 5%
Financial Statements, 4%
Account Reconciliations, 4%

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Budget Analyst vs Fixed Asset Accountant

Updated January 8, 2025

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