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Cost accounting supervisor vs junior accountant

The differences between cost accounting supervisors and junior 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 cost accounting supervisor and a junior accountant. Additionally, a cost accounting supervisor has an average salary of $103,066, which is higher than the $50,444 average annual salary of a junior accountant.

The top three skills for a cost accounting supervisor include reconciliations, financial reports and general ledger. The most important skills for a junior accountant are reconciliations, general ledger accounts, and account reconciliations.

Cost accounting supervisor vs junior accountant overview

Cost Accounting SupervisorJunior Accountant
Yearly salary$103,066$50,444
Hourly rate$49.55$24.25
Growth rate6%6%
Number of jobs32,98757,892
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 70%
Average age4444
Years of experience44

Cost accounting supervisor vs junior accountant salary

Cost accounting supervisors and junior accountants have different pay scales, as shown below.

Cost Accounting SupervisorJunior Accountant
Average salary$103,066$50,444
Salary rangeBetween $78,000 And $135,000Between $38,000 And $66,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Fuhu
Best paying industry-Construction

Differences between cost accounting supervisor and junior accountant education

There are a few differences between a cost accounting supervisor and a junior accountant in terms of educational background:

Cost Accounting SupervisorJunior Accountant
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Cost accounting supervisor vs junior accountant demographics

Here are the differences between cost accounting supervisors' and junior accountants' demographics:

Cost Accounting SupervisorJunior Accountant
Average age4444
Gender ratioMale, 71.0% Female, 29.0%Male, 39.6% Female, 60.4%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5%Black or African American, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between cost accounting supervisor and junior accountant duties and responsibilities

Cost accounting supervisor example responsibilities.

  • Lead the development of annual standard costs and update the system for BOM changes.
  • Manage quarterly inventory reserves in accordance with company policy which follows GAAP guidance.
  • Perform all duties in accordance with GAAP, SOX, and corporate accounting policies and procedures.
  • Administer employee memberships to gyms, stock purchases and other company benefits through payroll deduction.
  • Work with auditors to ensure SOX controls are accurate and that company is in compliance with them.
  • Prepare several SOX compliance reports for cost, sales distribution, collection and any other area as required.
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Junior accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Perform and assist with month-end close procedures, including preparation of monthly balance sheet and income statement account reconciliations.
  • Identify hundreds of daily transactions from banking statements using QuickBooks and present monthly financial reports
  • Perform bank and credit card reconciliations and assist with month-end accruals in addition to inter-company reconciliations.
  • Prepare financial schedules, account reconciliations, and detail financial statements and reports for analysis, financial reporting, and decision-making.
  • Deposit checks into lockbox and post to funds to proper accounts daily.
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Cost accounting supervisor vs junior accountant skills

Common cost accounting supervisor skills
  • Reconciliations, 9%
  • Financial Reports, 6%
  • General Ledger, 5%
  • ERP, 5%
  • External Auditors, 4%
  • Variance Analysis, 4%
Common junior accountant skills
  • Reconciliations, 18%
  • General Ledger Accounts, 8%
  • Account Reconciliations, 5%
  • Data Entry, 5%
  • QuickBooks, 4%
  • Payroll Taxes, 4%

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