Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between chief accountants and senior 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 chief accountant and a senior staff accountant. Additionally, a senior staff accountant has an average salary of $65,019, which is higher than the $61,481 average annual salary of a chief accountant.
The top three skills for a chief accountant include external auditors, reconciliations and general ledger accounts. The most important skills for a senior staff accountant are reconciliations, account reconciliations, and CPA.
| Chief Accountant | Senior Staff Accountant | |
| Yearly salary | $61,481 | $65,019 |
| Hourly rate | $29.56 | $31.26 |
| Growth rate | 6% | 6% |
| Number of jobs | 52,287 | 112,760 |
| Job satisfaction | 4 | 5 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 77% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Chief accountants develop financial strategies, oversee the accounting department, make investment decisions, and develop financial strategies. They provide assistance to departments with their reviews and budgets, tax studies, and internal control. It is part of their job to respond to the accounting questions from time management. They take charge of monitoring and recording financial transactions based on corporate regulations and policies. Also, they recommend changes to the procedures of accounting.
A senior staff accountant is responsible for managing the accounting operations of the company's accounting department, reconciling accounts, and finalizing financial reports to discuss with the management. Senior staff accountants resolve account discrepancies, analyze the company's financial status, and verify financial transactions. They must have excellent analytical skills and extensive knowledge of the accounting principles to perform accounting duties that would minimize the financial risk of the company. A senior staff accountant provides strategic recommendations to prevent overspending and increase efficiency across all departments to drive more revenues and profits.
Chief accountants and senior staff accountants have different pay scales, as shown below.
| Chief Accountant | Senior Staff Accountant | |
| Average salary | $61,481 | $65,019 |
| Salary range | Between $43,000 And $87,000 | Between $48,000 And $86,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | IBM | Calumet Specialty Products Partners |
| Best paying industry | Retail | Professional |
There are a few differences between a chief accountant and a senior staff accountant in terms of educational background:
| Chief Accountant | Senior Staff Accountant | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 77% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief accountants' and senior staff accountants' demographics:
| Chief Accountant | Senior Staff Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 57.0% Female, 43.0% | Male, 42.6% Female, 57.4% |
| Race ratio | Black or African American, 8.2% Unknown, 3.9% Hispanic or Latino, 10.5% Asian, 15.3% White, 61.6% American Indian and Alaska Native, 0.5% | Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |