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Fixed Asset Accountant Vs Accounting Analyst

The differences between fixed asset accountants and accounting analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a fixed asset accountant and an accounting analyst. Additionally, a fixed asset accountant has an average salary of $59,691, which is higher than the $58,399 average annual salary of an accounting analyst.

The top three skills for a fixed asset accountant include fixed assets, reconciliations and asset system. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.

Fixed asset accountant vs accounting analyst overview

Fixed Asset AccountantAccounting Analyst
Yearly Salary$59,691$58,399
Hourly rate$28.70$28.08
Growth Rate6%6%
Number Of Jobs42,86081,097
Job Satisfaction--
Most Common DegreeBachelor's Degree, 77%Bachelor's Degree, 74%
Average Age4444
Years Of Experience44

What does a Fixed Asset Accountant do?

A fixed asset accountant is responsible for processing statement reports for the company's assets, organizing account records, and handling bank reconciliations and disputes. Fixed asset accountants must have excellent knowledge of the accounting principles to determine and track the assets dispositions in various accounting systems for reference. They also ensure the accurate balance and calculate the value of all fixed assets for reports. A fixed asset accountant should be highly analytical to measure asset obligations and provide recommendations for asset acquisition.

What does an accounting analyst do?

An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.

Fixed asset accountant vs accounting analyst salary

Fixed asset accountants and accounting analysts have different pay scales, as shown below.

Fixed Asset AccountantAccounting Analyst
Average Salary$59,691$58,399
Salary RangeBetween $46,000 And $76,000Between $42,000 And $79,000
Highest Paying CityNew York, NYSan Francisco, CA
Highest Paying StateNew YorkNew York
Best Paying CompanyAppleGoogle
Best Paying IndustryEnergyFinance

Differences between fixed asset accountant and accounting analyst education

There are a few differences between a fixed asset accountant and an accounting analyst in terms of educational background:

Fixed Asset AccountantAccounting Analyst
Most Common DegreeBachelor's Degree, 77%Bachelor's Degree, 74%
Most Common MajorAccountingAccounting
Most Common CollegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fixed asset accountant vs accounting analyst demographics

Here are the differences between fixed asset accountants' and accounting analysts' demographics:

Fixed Asset AccountantAccounting Analyst
Average Age4444
Gender RatioMale, 43.8% Female, 56.2%Male, 41.6% Female, 58.4%
Race RatioBlack or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between fixed asset accountant and accounting analyst duties and responsibilities

Fixed Asset Accountant Example Responsibilities.

  • Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Monitor purchase orders and calculate month-end accruals.
  • Support internal and external audit requirements and verify SOX documentation.
  • Calculate and reconcile deferred rent liability accruals for office leases.
  • Set up a consolidate and centralize SOX depository for require documentation.
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Accounting Analyst Example Responsibilities.

  • Manage and process all ACH, EFT and wire transfer transactions daily (debit or credits).
  • Manage reconciling monthly discrepancies between ERP transfers.
  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
  • Maintain accounting controls by following GAAP and internal accounting policies; maintain financial security by following internal controls.
  • Review and approve monthly general ledger and bank account reconciliations for special condition accounts to ensure procedural consistency and compliance.
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Fixed asset accountant vs accounting analyst skills

Common Fixed Asset Accountant Skills
  • Fixed Assets, 16%
  • Reconciliations, 8%
  • Asset System, 6%
  • GAAP, 5%
  • Financial Statements, 4%
  • Account Reconciliations, 4%
Common Accounting Analyst Skills
  • Reconciliations, 12%
  • Customer Service, 7%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Strong Analytical, 4%
  • Payroll, 4%

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