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Portfolio accountant vs senior accountant analyst

The differences between portfolio accountants and senior accountant 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 portfolio accountant and a senior accountant analyst. Additionally, a senior accountant analyst has an average salary of $75,282, which is higher than the $69,877 average annual salary of a portfolio accountant.

The top three skills for a portfolio accountant include reconciliations, financial reports and real estate. The most important skills for a senior accountant analyst are reconciliations, external auditors, and account reconciliations.

Portfolio accountant vs senior accountant analyst overview

Portfolio AccountantSenior Accountant Analyst
Yearly salary$69,877$75,282
Hourly rate$33.59$36.19
Growth rate6%6%
Number of jobs41,32382,010
Job satisfaction--
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 75%
Average age4444
Years of experience44

What does a portfolio accountant do?

Portfolio accountants must have effective communication and time management skills in addition to a bachelor's degree in accounting. They maintain and improve processes and systems by keeping and compiling records on monthly and quarterly reports. They also prepare financial statements, assist in fund pricing, and calculate losses, profits, and net asset values.

What does a senior accountant analyst do?

As a senior accountant analyst, your main role is to provide professional guidance to a company. You need to have excellent preparation skills to create financial reports that clearly state the expenses and forecast the company's financial future. You should always aim for accuracy and compliance. Moreover, as a senior accountant analyst, you are supposed to give general operational assistance to the company's management.

Portfolio accountant vs senior accountant analyst salary

Portfolio accountants and senior accountant analysts have different pay scales, as shown below.

Portfolio AccountantSenior Accountant Analyst
Average salary$69,877$75,282
Salary rangeBetween $47,000 And $102,000Between $58,000 And $97,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkWashington
Best paying companyAQR Capital ManagementBMO Capital Markets
Best paying industryFinanceFinance

Differences between portfolio accountant and senior accountant analyst education

There are a few differences between a portfolio accountant and a senior accountant analyst in terms of educational background:

Portfolio AccountantSenior Accountant Analyst
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Portfolio accountant vs senior accountant analyst demographics

Here are the differences between portfolio accountants' and senior accountant analysts' demographics:

Portfolio AccountantSenior Accountant Analyst
Average age4444
Gender ratioMale, 58.1% Female, 41.9%Male, 49.4% Female, 50.6%
Race ratioBlack or African American, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 17.9% White, 60.3% American Indian and Alaska Native, 0.5%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.1% White, 62.2% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between portfolio accountant and senior accountant analyst duties and responsibilities

Portfolio accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Verify accrual parameters against Bloomberg.
  • Utilize Bloomberg to research information regarding different financial instruments.
  • Record equity, derivative and corporate action transactions in an accurate and timely manner.
  • Perform fund management for financial services institutions, including cash position reconciliations link to trade executions.
  • Prepare recoverable income reconciliations, which include understanding tenant lease provisions as well as ensuring accurate calculations.
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Senior accountant analyst example responsibilities.

  • Develop and manage Sarbanes-Oxley compliance procedures.
  • Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
  • Provide high-level financial analysis and accounting, conduct fixed asset analysis, variance analysis, account reconciliations, and month end-closes.
  • Perform relevant SOX controls accurately and timely.
  • Research and make technical recommendations regarding GAAP accounting issues.
  • Document and test control procedures in accordance with Sarbanes-Oxley regulations.
  • Show more

Portfolio accountant vs senior accountant analyst skills

Common portfolio accountant skills
  • Reconciliations, 12%
  • Financial Reports, 9%
  • Real Estate, 7%
  • Journal Entries, 7%
  • Yardi, 6%
  • Accruals, 4%
Common senior accountant analyst skills
  • Reconciliations, 11%
  • External Auditors, 5%
  • Account Reconciliations, 5%
  • General Ledger Accounts, 5%
  • GAAP, 5%
  • Financial Analysis, 5%

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