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The differences between junior 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 junior accountant and a fixed asset accountant. Additionally, a fixed asset accountant has an average salary of $59,691, which is higher than the $50,444 average annual salary of a junior accountant.
The top three skills for a junior accountant include reconciliations, general ledger accounts and account reconciliations. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.
| Junior Accountant | Fixed Asset Accountant | |
| Yearly salary | $50,444 | $59,691 |
| Hourly rate | $24.25 | $28.70 |
| Growth rate | 6% | 6% |
| Number of jobs | 57,892 | 42,860 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 77% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
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.
Junior accountants and fixed asset accountants have different pay scales, as shown below.
| Junior Accountant | Fixed Asset Accountant | |
| Average salary | $50,444 | $59,691 |
| Salary range | Between $38,000 And $66,000 | Between $46,000 And $76,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Fuhu | Apple |
| Best paying industry | Construction | Energy |
There are a few differences between a junior accountant and a fixed asset accountant in terms of educational background:
| Junior Accountant | Fixed Asset Accountant | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 77% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between junior accountants' and fixed asset accountants' demographics:
| Junior Accountant | Fixed Asset Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 39.6% Female, 60.4% | Male, 43.8% Female, 56.2% |
| Race ratio | 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% | 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% |