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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 | Revenue Analyst | |
| Yearly salary | $66,015 | $66,985 |
| Hourly rate | $31.74 | $32.20 |
| Growth rate | 6% | 9% |
| Number of jobs | 39,874 | 65,034 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 69% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
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.
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 accountants and revenue analysts have different pay scales, as shown below.
| Revenue Accountant | Revenue Analyst | |
| Average salary | $66,015 | $66,985 |
| Salary range | Between $48,000 And $89,000 | Between $48,000 And $91,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | ||
| Best paying industry | Technology | Technology |
There are a few differences between a revenue accountant and a revenue analyst in terms of educational background:
| Revenue Accountant | Revenue Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 69% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between revenue accountants' and revenue analysts' demographics:
| Revenue Accountant | Revenue Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 40.0% Female, 60.0% | Male, 42.3% Female, 57.7% |
| 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |