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The differences between cash 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 cash accountant and a staff accountant. Additionally, a cash accountant has an average salary of $57,971, which is higher than the $54,216 average annual salary of a staff accountant.
The top three skills for a cash accountant include reconciliations, cash management and general ledger accounts. The most important skills for a staff accountant are reconciliations, account reconciliations, and GAAP.
| Cash Accountant | Staff Accountant | |
| Yearly salary | $57,971 | $54,216 |
| Hourly rate | $27.87 | $26.07 |
| Growth rate | 6% | 6% |
| Number of jobs | 40,765 | 115,930 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 76% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Cash accountants are accounting professionals who are responsible for recording revenues and expenses during the period when cash is received and paid, respectively. These accountants are required to prepare journal entries and perform cash account reconciliations to balance bank and book balances during month-end closing activities. They must prepare all bank deposits and generate financial and payroll reports that are submitted to the operational and executive management team. Cash accountants must also provide analysis and resolution about the discrepancies in the bank and general ledger entries to internal departments and bank representatives.
Staff accountants are employees who are part of the company's accounting department. They are usually certified public accountants (CPAs). Staff accountants should be familiar with accounting tasks. Previous accounting experiences play a huge advantage in their success. They perform a variety of accounting responsibilities such as information verification and analysis, financial report preparation and presentation, financial account reconciliation, billing and payment receiving activities, vendor database management, and invoice processing requirements. They should also know how to do bookkeeping. Staff accountants should have good communication skills, analytical skills, and decision-making skills. They should also be organized and trustworthy since they will be handling confidential information.
Cash accountants and staff accountants have different pay scales, as shown below.
| Cash Accountant | Staff Accountant | |
| Average salary | $57,971 | $54,216 |
| Salary range | Between $44,000 And $76,000 | Between $42,000 And $68,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | New York |
| Best paying company | - | Meta |
| Best paying industry | - | Government |
There are a few differences between a cash accountant and a staff accountant in terms of educational background:
| Cash Accountant | Staff Accountant | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 76% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between cash accountants' and staff accountants' demographics:
| Cash Accountant | Staff Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 31.2% Female, 68.8% | Male, 41.6% Female, 58.4% |
| Race ratio | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.8% 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 Percentage | 7% | 7% |