Senior accountant vs fixed asset accountant

The differences between senior 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 senior accountant and a fixed asset accountant. Additionally, a senior accountant has an average salary of $71,967, which is higher than the $59,691 average annual salary of a fixed asset accountant.

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

Senior accountant vs fixed asset accountant overview

	Senior Accountant	Fixed Asset Accountant
Yearly salary	$71,967	$59,691
Hourly rate	$34.60	$28.70
Growth rate	6%	6%
Number of jobs	76,816	42,860
Job satisfaction	4	-
Most common degree	Bachelor's Degree, 78%	Bachelor's Degree, 77%
Average age	44	44
Years of experience	4	4

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 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.

Senior accountant vs fixed asset accountant salary

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

	Senior Accountant	Fixed Asset Accountant
Average salary	$71,967	$59,691
Salary range	Between $55,000 And $92,000	Between $46,000 And $76,000
Highest paying City	Washington, DC	New York, NY
Highest paying state	New York	New York
Best paying company	Google	Apple
Best paying industry	Finance	Energy

Differences between senior accountant and fixed asset accountant education

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

	Senior Accountant	Fixed Asset Accountant
Most common degree	Bachelor's Degree, 78%	Bachelor's Degree, 77%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Senior accountant vs fixed asset accountant demographics

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

	Senior Accountant	Fixed Asset Accountant
Average age	44	44
Gender ratio	Male, 46.9% Female, 53.1%	Male, 43.8% Female, 56.2%
Race ratio	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%	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 Percentage	7%	7%

Differences between senior accountant and fixed asset accountant 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.

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.

Senior accountant vs fixed asset accountant skills

Common senior accountant skills

Reconciliations, 13%
CPA, 8%
GAAP, 7%
External Auditors, 4%
Internal Controls, 4%
Payroll, 4%

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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Senior Accountant vs Fixed Asset Accountant

Updated January 8, 2025

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