Revenue accountant vs accountant

The differences between revenue accountants and 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 revenue accountant and an accountant. Additionally, a revenue accountant has an average salary of $66,015, which is higher than the $54,890 average annual salary of an accountant.

The top three skills for a revenue accountant include reconciliations, GAAP and pivot tables. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Revenue accountant vs accountant overview

	Revenue Accountant	Accountant
Yearly salary	$66,015	$54,890
Hourly rate	$31.74	$26.39
Growth rate	6%	6%
Number of jobs	39,874	60,073
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 71%
Average age	44	44
Years of experience	4	4

What does a revenue accountant do?

A revenue accountant is responsible for monitoring clients' payments, tracking financial transactions, and resolving billing discrepancies and reconciliations. Revenue accountants release invoices and collect payments from outstanding debts. They also identify business opportunities and client partnerships to generate more revenue resources and increase the company's profitability, keeping efficient and safe storage of all account information in the database. A revenue accountant writes comprehensive reports for management's reference, requiring them to have excellent communication skills and accounting principles knowledge.

What does an accountant do?

An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.

Revenue accountant vs accountant salary

Revenue accountants and accountants have different pay scales, as shown below.

	Revenue Accountant	Accountant
Average salary	$66,015	$54,890
Salary range	Between $48,000 And $89,000	Between $41,000 And $72,000
Highest paying City	San Francisco, CA	Washington, DC
Highest paying state	New Jersey	New York
Best paying company	Google	Meta
Best paying industry	Technology	Technology

Differences between revenue accountant and accountant education

There are a few differences between a revenue accountant and an accountant in terms of educational background:

	Revenue Accountant	Accountant
Most common degree	Bachelor's Degree, 75%	Bachelor's Degree, 71%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Revenue accountant vs accountant demographics

Here are the differences between revenue accountants' and accountants' demographics:

	Revenue Accountant	Accountant
Average age	44	44
Gender ratio	Male, 40.0% Female, 60.0%	Male, 38.2% Female, 61.8%
Race ratio	Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 14.5% White, 61.7% American Indian and Alaska Native, 0.5%	Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between revenue accountant and accountant duties and responsibilities

Revenue accountant example responsibilities.

Manage personnel financial matters including salaries, taxation procedures and other relate issues.
Upload project statements of work and changes in scope into ERP system, ensuring accurate invoicing and revenue recognition.
Execute and maintain supporting documentation for SOX internal controls
Provide GAAP considerations for complex revenue transactions including audit documentation.
General accounting functions, including adjusting journal entries, reconciliations of global accounts including defer revenue and accruals.
Prepare monthly journal entries and balance sheet reconciliations for numerous domestic and international revenue accounts using foreign exchange rates.

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Accountant example responsibilities.

Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
Manage personnel financial matters including salaries, taxation procedures and other relate issues.
Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.

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Revenue accountant vs accountant skills

Common revenue accountant skills

Reconciliations, 18%
GAAP, 10%
Pivot Tables, 5%
Financial Statements, 5%
SOX, 5%
Accruals, 5%

Common accountant skills

Reconciliations, 14%
General Ledger Accounts, 6%
Account Reconciliations, 6%
GAAP, 5%
Payroll Tax Returns, 5%
Customer Service, 5%

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Updated January 8, 2025

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