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Revenue accountant vs fixed asset accountant

The differences between revenue 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 revenue accountant and a fixed asset accountant. Additionally, a revenue accountant has an average salary of $66,015, which is higher than the $59,691 average annual salary of a fixed asset accountant.

The top three skills for a revenue accountant include reconciliations, GAAP and pivot tables. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Revenue accountant vs fixed asset accountant overview

Revenue AccountantFixed Asset Accountant
Yearly salary$66,015$59,691
Hourly rate$31.74$28.70
Growth rate6%6%
Number of jobs39,87442,860
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 77%
Average age4444
Years of experience44

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 a fixed asset accountant do?

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.

Revenue accountant vs fixed asset accountant salary

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

Revenue AccountantFixed Asset Accountant
Average salary$66,015$59,691
Salary rangeBetween $48,000 And $89,000Between $46,000 And $76,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateNew JerseyNew York
Best paying companyGoogleApple
Best paying industryTechnologyEnergy

Differences between revenue accountant and fixed asset accountant education

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

Revenue AccountantFixed Asset Accountant
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Revenue accountant vs fixed asset accountant demographics

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

Revenue AccountantFixed Asset Accountant
Average age4444
Gender ratioMale, 40.0% Female, 60.0%Male, 43.8% Female, 56.2%
Race ratioBlack 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, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between revenue accountant and fixed asset 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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Fixed asset accountant example responsibilities.

  • Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Monitor purchase orders and calculate month-end accruals.
  • Support internal and external audit requirements and verify SOX documentation.
  • Calculate and reconcile deferred rent liability accruals for office leases.
  • Set up a consolidate and centralize SOX depository for require documentation.
  • Show more

Revenue accountant vs fixed asset accountant skills

Common revenue accountant skills
  • Reconciliations, 18%
  • GAAP, 10%
  • Pivot Tables, 5%
  • Financial Statements, 5%
  • SOX, 5%
  • Accruals, 5%
Common fixed asset accountant skills
  • Fixed Assets, 16%
  • Reconciliations, 8%
  • Asset System, 6%
  • GAAP, 5%
  • Financial Statements, 4%
  • Account Reconciliations, 4%

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