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The differences between corporate 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 corporate accountant and a staff accountant. Additionally, a corporate accountant has an average salary of $64,300, which is higher than the $54,216 average annual salary of a staff accountant.
The top three skills for a corporate accountant include reconciliations, GAAP and account reconciliations. The most important skills for a staff accountant are reconciliations, account reconciliations, and GAAP.
| Corporate Accountant | Staff Accountant | |
| Yearly salary | $64,300 | $54,216 |
| Hourly rate | $30.91 | $26.07 |
| Growth rate | 6% | 6% |
| Number of jobs | 54,174 | 115,930 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 76% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A corporate accountant is an individual who prepares financial statements and maintains financial records of an organization to ensure that they comply with laws, regulations, and the organization's policies. Corporate accountants are required to analyze financial statements to help executives make financial decisions for the organization. They must collect ledgers and financial reports from divisional offices and prepare corporate financial statements for executives. Corporate accountants must also prepare budgets to allocate funds for spending for each department.
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.
Corporate accountants and staff accountants have different pay scales, as shown below.
| Corporate Accountant | Staff Accountant | |
| Average salary | $64,300 | $54,216 |
| Salary range | Between $46,000 And $89,000 | Between $42,000 And $68,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Putnam Investments | Meta |
| Best paying industry | Finance | Government |
There are a few differences between a corporate accountant and a staff accountant in terms of educational background:
| Corporate Accountant | Staff Accountant | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 76% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between corporate accountants' and staff accountants' demographics:
| Corporate Accountant | Staff Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 43.1% Female, 56.9% | Male, 41.6% Female, 58.4% |
| Race ratio | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 13.0% White, 63.0% 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% |