Grant accountant vs fixed asset accountant

The differences between grant accountants and fixed asset 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 grant accountant and a fixed asset accountant. Additionally, a fixed asset accountant has an average salary of $59,691, which is higher than the $59,472 average annual salary of a grant accountant.

The top three skills for a grant accountant include reconciliations, grants management and GAAP. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Grant accountant vs fixed asset accountant overview

	Grant Accountant	Fixed Asset Accountant
Yearly salary	$59,472	$59,691
Hourly rate	$28.59	$28.70
Growth rate	6%	6%
Number of jobs	36,034	42,860
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 77%
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 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.

Grant accountant vs fixed asset accountant salary

Grant accountants and fixed asset accountants have different pay scales, as shown below.

	Grant Accountant	Fixed Asset Accountant
Average salary	$59,472	$59,691
Salary range	Between $46,000 And $76,000	Between $46,000 And $76,000
Highest paying City	San Francisco, CA	New York, NY
Highest paying state	New York	New York
Best paying company	Search for Common Ground	Apple
Best paying industry	Professional	Energy

Differences between grant accountant and fixed asset accountant education

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

	Grant Accountant	Fixed Asset Accountant
Most common degree	Bachelor's Degree, 68%	Bachelor's Degree, 77%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Grant accountant vs fixed asset accountant demographics

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

	Grant Accountant	Fixed Asset Accountant
Average age	44	44
Gender ratio	Male, 37.8% Female, 62.2%	Male, 43.8% Female, 56.2%
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, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between grant accountant and fixed asset accountant 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.

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.

Grant accountant vs fixed asset accountant skills

Common grant accountant skills

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

Common fixed asset accountant skills

Fixed Assets, 16%
Reconciliations, 8%
Asset System, 6%
GAAP, 5%
Financial Statements, 4%
Account Reconciliations, 4%

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Grant Accountant vs Fixed Asset Accountant

Updated January 8, 2025

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