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Senior accountant vs accounting consultant

The differences between senior accountants and accounting consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a senior accountant and an accounting consultant. Additionally, a senior accountant has an average salary of $71,967, which is higher than the $62,830 average annual salary of an accounting consultant.

The top three skills for a senior accountant include reconciliations, CPA and GAAP. The most important skills for an accounting consultant are CPA, GAAP, and reconciliations.

Senior accountant vs accounting consultant overview

Senior AccountantAccounting Consultant
Yearly salary$71,967$62,830
Hourly rate$34.60$30.21
Growth rate6%6%
Number of jobs76,81674,894
Job satisfaction4-
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 73%
Average age4444
Years of experience44

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.

What does an accounting consultant do?

An Accounting Consultant is a person tasked to assist the accounting department of a company. The consultant advises businesses concerning the accounting system used by the organization. It is also through the accounting consultant's help that improvements in the accounting process are proposed, the determination of problematic areas in the workflow, possible issues in the future, and everything that needs upgrading. The accounting consultant also helps businesses conform to legal policies set about by State and Federal legislation.

Senior accountant vs accounting consultant salary

Senior accountants and accounting consultants have different pay scales, as shown below.

Senior AccountantAccounting Consultant
Average salary$71,967$62,830
Salary rangeBetween $55,000 And $92,000Between $45,000 And $86,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyGoogleJordan Company
Best paying industryFinanceManufacturing

Differences between senior accountant and accounting consultant education

There are a few differences between a senior accountant and an accounting consultant in terms of educational background:

Senior AccountantAccounting Consultant
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 73%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior accountant vs accounting consultant demographics

Here are the differences between senior accountants' and accounting consultants' demographics:

Senior AccountantAccounting Consultant
Average age4444
Gender ratioMale, 46.9% Female, 53.1%Male, 49.3% Female, 50.7%
Race ratioBlack 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%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.4% White, 63.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior accountant and accounting consultant duties and responsibilities

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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Accounting consultant example responsibilities.

  • Work independently on line of business projects to automate derivative processes and system enhancement testing.
  • Share oversight for recruitment, human resources and advertising.
  • Provide support to accounts payable department in tagging and recording of fix assets during an ERP system transition
  • Work with governance and internal audit team ensuring SOX compliance during monthly & quarterly reviews as well as the annual audit.
  • Collaborate with accounting department in monthly closing process and development of internal controls to support SOX requirements.
  • Improve audit performance of major medical center by clearing backlog of account reconciliations across multiple medical billing systems.
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Senior accountant vs accounting consultant skills

Common senior accountant skills
  • Reconciliations, 13%
  • CPA, 8%
  • GAAP, 7%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Payroll, 4%
Common accounting consultant skills
  • CPA, 15%
  • GAAP, 11%
  • Reconciliations, 8%
  • ERP, 4%
  • Shared Services, 4%
  • SOX, 4%

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