Grant accountant vs accounting analyst

The differences between grant 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 grant accountant and an accounting analyst. Additionally, a grant accountant has an average salary of $59,472, which is higher than the $58,399 average annual salary of an accounting analyst.

The top three skills for a grant accountant include reconciliations, grants management and GAAP. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.

Grant accountant vs accounting analyst overview

	Grant Accountant	Accounting Analyst
Yearly salary	$59,472	$58,399
Hourly rate	$28.59	$28.08
Growth rate	6%	6%
Number of jobs	36,034	81,097
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 74%
Average age	44	44
Years of experience	4	4

What does a grant accountant do?

A grant accountant is responsible for overseeing financial and grant services in an organization. They are responsible for performing accounting and administrative tasks such as gathering and analyzing data, preparing and processing financial statements, conducting audits and assessments, identifying and resolving discrepancies, and handling taxes. They may also prepare forecasts and models, supervise budgets, and submit regular reports to managers. Moreover, a grant accountant must comply with the state, federal, and local financial laws and regulations, keeping abreast of the latest changes.

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.

Grant accountant vs accounting analyst salary

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

	Grant Accountant	Accounting Analyst
Average salary	$59,472	$58,399
Salary range	Between $46,000 And $76,000	Between $42,000 And $79,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	New York	New York
Best paying company	Search for Common Ground	Google
Best paying industry	Professional	Finance

Differences between grant accountant and accounting analyst education

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

	Grant Accountant	Accounting Analyst
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 74%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Grant accountant vs accounting analyst demographics

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

	Grant Accountant	Accounting Analyst
Average age	44	44
Gender ratio	Male, 37.8% Female, 62.2%	Male, 41.6% Female, 58.4%
Race ratio	Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.4% White, 62.9% 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 Percentage	7%	7%

Differences between grant accountant and accounting analyst duties and responsibilities

Grant accountant example responsibilities.

Manage sub-awards to ensure compliance with federal and state regulations, and OMB circulars prior to payment process.
Manage all daily and biweekly payroll processes in accordance within establish deadlines.
Manage derivative accounting at global level and ensure accounting and economic hedging objectives are align.
Perform grant-related post-award functions, including budget and expense analysis, financial reporting and reconciliations.
Coordinate audit process with outside CPA firm, audit lead schedules, reports.
Supervise monthly payroll processing and tax calculations.

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.

Grant accountant vs accounting analyst skills

Common grant accountant skills

Reconciliations, 9%
Grants Management, 5%
GAAP, 5%
Payroll, 5%
Financial Analysis, 4%
Expenditure Reports, 4%

Common accounting analyst skills

Reconciliations, 12%
Customer Service, 7%
Account Reconciliations, 6%
GAAP, 5%
Strong Analytical, 4%
Payroll, 4%

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Grant Accountant vs Accounting Analyst

Updated January 8, 2025

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