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The differences between project 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 project accountant and a senior accountant analyst. Additionally, a senior accountant analyst has an average salary of $75,282, which is higher than the $60,467 average annual salary of a project accountant.
The top three skills for a project accountant include reconciliations, project management and contract terms. The most important skills for a senior accountant analyst are reconciliations, external auditors, and account reconciliations.
| Project Accountant | Senior Accountant Analyst | |
| Yearly salary | $60,467 | $75,282 |
| Hourly rate | $29.07 | $36.19 |
| Growth rate | 6% | 6% |
| Number of jobs | 43,672 | 82,010 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 75% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A project accountant is primarily in charge of overseeing the budget and expenditures allocated for various projects within a company. Their responsibilities revolve around reviewing financial data and work plans, managing billing and financial reports, monitoring the flow of revenue, filing purchase orders and invoices, and processing payments to subcontractors, suppliers, and more. It is also vital to coordinate with all managing personnel to prepare necessary reports such as costs and taxes. Furthermore, it is essential to maintain data and records of all transactions, all while implementing the company's policies and regulations.
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.
Project accountants and senior accountant analysts have different pay scales, as shown below.
| Project Accountant | Senior Accountant Analyst | |
| Average salary | $60,467 | $75,282 |
| Salary range | Between $46,000 And $79,000 | Between $58,000 And $97,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Perficient | BMO Capital Markets |
| Best paying industry | Professional | Finance |
There are a few differences between a project accountant and a senior accountant analyst in terms of educational background:
| Project Accountant | Senior Accountant Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 75% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between project accountants' and senior accountant analysts' demographics:
| Project Accountant | Senior Accountant Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 36.8% Female, 63.2% | Male, 49.4% Female, 50.6% |
| Race ratio | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.3% White, 63.5% 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 Percentage | 7% | 7% |