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Control accountant vs senior accountant

The differences between control 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 control accountant and a senior accountant. Additionally, a senior accountant has an average salary of $71,967, which is higher than the $66,563 average annual salary of a control accountant.

The top three skills for a control accountant include reconciliations, general ledger accounts and payroll taxes. The most important skills for a senior accountant are reconciliations, CPA, and GAAP.

Control accountant vs senior accountant overview

Control AccountantSenior Accountant
Yearly salary$66,563$71,967
Hourly rate$32.00$34.60
Growth rate6%6%
Number of jobs75,70276,816
Job satisfaction-4
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 78%
Average age4444
Years of experience44

What does a control accountant do?

A Control Accountant is in charge of managing a company's accounting records and spearheads the development of financial reports. Although the extent of their responsibilities depends on their place or industry of employment, it typically includes coordinating with different teams to gather and analyze data, conduct audits and risk analyses, monitor budgets and expenditures, review documents and other transactions and develop strategies to optimize operations. A Control Accountant leads and encourages staff to reach goals while implementing the company's policies and regulations.

What does a senior accountant do?

A senior accountant is responsible for organizing financial reports, analyzing cost estimates, reviewing budget goals regularly, and making adjustments with the company's account statements as necessary. Senior accountants' duties also include managing account reconciliations, preparing tax documents, maintaining audit records and balance sheets, generating invoices, and providing recommendations to minimize possible financial loss. A senior accountant must have excellent analytical and critical-thinking skills and extensive knowledge of accounting and financial principles.

Control accountant vs senior accountant salary

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

Control AccountantSenior Accountant
Average salary$66,563$71,967
Salary rangeBetween $48,000 And $91,000Between $55,000 And $92,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkNew York
Best paying companyMarathon OilGoogle
Best paying industryFinanceFinance

Differences between control accountant and senior accountant education

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

Control AccountantSenior Accountant
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Control accountant vs senior accountant demographics

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

Control AccountantSenior Accountant
Average age4444
Gender ratioMale, 49.2% Female, 50.8%Male, 46.9% Female, 53.1%
Race ratioBlack 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%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 Percentage7%7%

Differences between control accountant and senior accountant duties and responsibilities

Control accountant example responsibilities.

  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Collect, analyze, interpret, and document information to support quarterly SOX reviews.
  • Ensure proper accounting in compliance with GAAP, regulatory reporting requirements and joint ownership contracts.
  • Identify variances between corporations, establish payable/receivable ledgers, and clear open variances in accordance with GAAP.
  • Control regional account analysis, provide explanations and backup to SOX reporting department.
  • Perform domestic and international roll forwards, quarterly schedules for goodwill, trademarks and acquisition activities utilizing Hyperion.
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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.
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Control accountant vs senior accountant skills

Common control accountant skills
  • Reconciliations, 11%
  • General Ledger Accounts, 7%
  • Payroll Taxes, 6%
  • Account Reconciliations, 5%
  • Accruals, 5%
  • Internal Controls, 5%
Common senior accountant skills
  • Reconciliations, 13%
  • CPA, 8%
  • GAAP, 7%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Payroll, 4%

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