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The differences between grant accountants 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 grant accountant and a junior accountant. Additionally, a grant accountant has an average salary of $59,472, which is higher than the $50,444 average annual salary of a junior accountant.
The top three skills for a grant accountant include reconciliations, grants management and GAAP. The most important skills for a junior accountant are reconciliations, general ledger accounts, and account reconciliations.
| Grant Accountant | Junior Accountant | |
| Yearly salary | $59,472 | $50,444 |
| Hourly rate | $28.59 | $24.25 |
| Growth rate | 6% | 6% |
| Number of jobs | 36,034 | 57,892 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 70% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
Junior accountants maintain the financial records of companies through the analysis of their general ledger accounts and balance sheets. The accountant's post journal entries, maintain accounts receivable and payable, and update financial statements. They pay payroll every month, reconcile ledgers, and submit payroll taxes. The skills necessary for this job include analytical skills, problem-solving, information confidentiality, and proficiency in accounting software and technology. They are also expected to be detail-oriented.
Grant accountants and junior accountants have different pay scales, as shown below.
| Grant Accountant | Junior Accountant | |
| Average salary | $59,472 | $50,444 |
| Salary range | Between $46,000 And $76,000 | Between $38,000 And $66,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Search for Common Ground | Fuhu |
| Best paying industry | Professional | Construction |
There are a few differences between a grant accountant and a junior accountant in terms of educational background:
| Grant Accountant | Junior Accountant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 70% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between grant accountants' and junior accountants' demographics:
| Grant Accountant | Junior Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 37.8% Female, 62.2% | Male, 39.6% Female, 60.4% |
| 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, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |