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Revenue accountant vs senior accountant

The differences between revenue accountants and senior 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 senior accountant. Additionally, a senior accountant has an average salary of $71,967, 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 senior accountant are reconciliations, CPA, and GAAP.

Revenue accountant vs senior accountant overview

Revenue AccountantSenior Accountant
Yearly salary$66,015$71,967
Hourly rate$31.74$34.60
Growth rate6%6%
Number of jobs39,87476,816
Job satisfaction-4
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 78%
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 senior accountant do?

A senior accountant is responsible for organizing financial reports, analyzing cost estimates, reviewing budget goals regularly, and making adjustments with the company's account statements as necessary. Senior accountants' duties also include managing account reconciliations, preparing tax documents, maintaining audit records and balance sheets, generating invoices, and providing recommendations to minimize possible financial loss. A senior accountant must have excellent analytical and critical-thinking skills and extensive knowledge of accounting and financial principles.

Revenue accountant vs senior accountant salary

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

Revenue AccountantSenior Accountant
Average salary$66,015$71,967
Salary rangeBetween $48,000 And $89,000Between $55,000 And $92,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew JerseyNew York
Best paying companyGoogleGoogle
Best paying industryTechnologyFinance

Differences between revenue accountant and senior accountant education

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

Revenue AccountantSenior Accountant
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Revenue accountant vs senior accountant demographics

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

Revenue AccountantSenior Accountant
Average age4444
Gender ratioMale, 40.0% Female, 60.0%Male, 46.9% Female, 53.1%
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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.5% White, 61.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between revenue accountant and senior 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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Senior accountant example responsibilities.

  • Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Compile and analyze financial information to prepare monthly accruals, payroll journal, general journal and bank reconciliations.
  • Research and develop policies around Medicaid and Medicare billings and prepare Medicaid cost reports.
  • Coordinate submissions of financial data from regional divisions and prepare the consolidated company financial statement using Hyperion program.
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Revenue accountant vs senior accountant skills

Common revenue accountant skills
  • Reconciliations, 18%
  • GAAP, 10%
  • Pivot Tables, 5%
  • Financial Statements, 5%
  • SOX, 5%
  • Accruals, 5%
Common senior accountant skills
  • Reconciliations, 13%
  • CPA, 8%
  • GAAP, 7%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Payroll, 4%

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