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Revenue accountant vs revenue analyst

The differences between revenue accountants and revenue 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 revenue accountant and a revenue analyst. Additionally, a revenue analyst has an average salary of $66,985, which is higher than the $66,015 average annual salary of a revenue accountant.

The top three skills for a revenue accountant include reconciliations, GAAP and pivot tables. The most important skills for a revenue analyst are revenue cycle, customer service, and patients.

Revenue accountant vs revenue analyst overview

Revenue AccountantRevenue Analyst
Yearly salary$66,015$66,985
Hourly rate$31.74$32.20
Growth rate6%9%
Number of jobs39,87465,034
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 69%
Average age4440
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 revenue analyst do?

A revenue analyst is primarily in charge of analyzing a company's revenues and expenditures to help them make better business decisions. Their responsibilities revolve around tracking the company finances, gathering and recording data, producing progress reports, and identifying opportunities to boost sales and profits. There are also instances when a revenue analyst must devise plans to cut costs, recommend budgets, build models, develop revenue forecasts, and comply with the laws and regulations. Furthermore, it is also essential to implement the company's policies and guidelines to the team and every task involved.

Revenue accountant vs revenue analyst salary

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

Revenue AccountantRevenue Analyst
Average salary$66,015$66,985
Salary rangeBetween $48,000 And $89,000Between $48,000 And $91,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyGoogleGoogle
Best paying industryTechnologyTechnology

Differences between revenue accountant and revenue analyst education

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

Revenue AccountantRevenue Analyst
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 69%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Revenue accountant vs revenue analyst demographics

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

Revenue AccountantRevenue Analyst
Average age4440
Gender ratioMale, 40.0% Female, 60.0%Male, 42.3% Female, 57.7%
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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between revenue accountant and revenue analyst 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.
  • Show more

Revenue analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Perform monthly revenue variance analysis and account reconciliations to ensure royalty payments and financial transactions are recorded accurately and timely.
  • Prepare monthly closing journal entries in both OneGlobe and Hyperion accounting systems.
  • Assist in directing accounting clerical staff in accounts payable, payroll processing, invoicing, and accuracy of journal entries post.
  • Execute month-end/quarterly/year-end procedures in accordance with GAAP.
  • Prepare yearly audit documents following SOX regulations.
  • Show more

Revenue accountant vs revenue analyst skills

Common revenue accountant skills
  • Reconciliations, 18%
  • GAAP, 10%
  • Pivot Tables, 5%
  • Financial Statements, 5%
  • SOX, 5%
  • Accruals, 5%
Common revenue analyst skills
  • Revenue Cycle, 12%
  • Customer Service, 6%
  • Patients, 6%
  • Strong Analytical, 5%
  • Process Improvement, 4%
  • SQL, 4%

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