Post job

Regional accountant vs senior cost accountant

The differences between regional accountants and senior cost 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 regional accountant and a senior cost accountant. Additionally, a senior cost accountant has an average salary of $65,824, which is higher than the $61,848 average annual salary of a regional accountant.

The top three skills for a regional accountant include reconciliations, payroll and balance sheet accounts. The most important skills for a senior cost accountant are reconciliations, variance analysis, and GAAP.

Regional accountant vs senior cost accountant overview

Regional AccountantSenior Cost Accountant
Yearly salary$61,848$65,824
Hourly rate$29.73$31.65
Growth rate6%6%
Number of jobs56,40645,010
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 79%
Average age4444
Years of experience44

What does a regional accountant do?

Regional accountants work on the preparation of accounts and tax returns, payroll administration, and auditing financial information. They utilize financial statements, account reconciliations, and balance sheets to assist with their accounting work. Regional accountants must have good communication skills, be highly analytical, and take leadership over the accounts in their assigned region.

What does a senior cost accountant do?

A senior cost accountant is an individual who maintains detailed costs in a company's system and provides cost analysis that supports operations and sales. Senior cost accountants are required to review inventory and deal with manufacturing personnel to control and analyze standard costs. They must record cost information to be used in controlling expenditures as well as recommend cost efficiencies in new product layouts. Senior cost accountants must also provide reports that specify and compare factors affecting prices and profitability of products or services to the management.

Regional accountant vs senior cost accountant salary

Regional accountants and senior cost accountants have different pay scales, as shown below.

Regional AccountantSenior Cost Accountant
Average salary$61,848$65,824
Salary rangeBetween $47,000 And $79,000Between $48,000 And $89,000
Highest paying City-San Francisco, CA
Highest paying state-New Jersey
Best paying company-OraSure Technologies
Best paying industry-Health Care

Differences between regional accountant and senior cost accountant education

There are a few differences between a regional accountant and a senior cost accountant in terms of educational background:

Regional AccountantSenior Cost Accountant
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 79%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Regional accountant vs senior cost accountant demographics

Here are the differences between regional accountants' and senior cost accountants' demographics:

Regional AccountantSenior Cost Accountant
Average age4444
Gender ratioMale, 42.0% Female, 58.0%Male, 59.7% Female, 40.3%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 63.9% American Indian and Alaska Native, 0.5%Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.3% White, 64.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between regional accountant and senior cost accountant duties and responsibilities

Regional accountant example responsibilities.

  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • General accounting functions include G/L, A/P, A/R, accruals & allocations, reconcile accounts, & G/L monthly close.
  • Compile and analyze financial information such as balance sheet account reconciliations, variance, revenue and expense analysis.
  • Analyze financial statements to identify, evaluate and correct financial issues, including preparation of detail account reconciliations.
  • Prepare monthly journal entries in accordance with GAAP including moderate to complex supporting calculations.
  • Verify that all GAAP accounting principal relative to the department operations have been correctly follow.
  • Show more

Senior cost accountant example responsibilities.

  • Manage quarterly inventory reserves in accordance with company policy which follows GAAP guidance.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Process month end close including journal entries, account reconciliations, variance analysis, financial statement preparation and corporate reporting.
  • Provide user training and technical support for ERP and payroll systems.
  • Implement process improvements for monthly close process and SOX documentation retention.
  • Complete account reconciliations in accordance with maintaining the integrity of assets and liabilities for balance sheet inventory accounts.
  • Show more

Regional accountant vs senior cost accountant skills

Common regional accountant skills
  • Reconciliations, 15%
  • Payroll, 6%
  • Balance Sheet Accounts, 6%
  • Account Reconciliations, 5%
  • GAAP, 5%
  • General Ledger Accounts, 5%
Common senior cost accountant skills
  • Reconciliations, 9%
  • Variance Analysis, 6%
  • GAAP, 5%
  • Account Reconciliations, 4%
  • SR, 4%
  • SOX, 3%

Browse business and financial jobs