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The differences between senior corporate accountants and 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 corporate accountant and an accountant. Additionally, a senior corporate accountant has an average salary of $73,008, which is higher than the $54,890 average annual salary of an accountant.
The top three skills for a senior corporate accountant include reconciliations, GAAP and SOX. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| Senior Corporate Accountant | Accountant | |
| Yearly salary | $73,008 | $54,890 |
| Hourly rate | $35.10 | $26.39 |
| Growth rate | 6% | 6% |
| Number of jobs | 57,895 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A senior corporate accountant is responsible for reviewing financial transactions and account statements of an organization, reconciling accounts receivable, managing accounts payable, and resolving bank discrepancies. Senior corporate accountants handle clients' outstanding payments, allocate budget to the department heads, and identify business opportunities that would generate more revenue resources and minimize financial loss. They write accurate financial reports to discuss with the senior management, respond to the team's inquiries and concerns, and strategize to improve financial processes.
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Senior corporate accountants and accountants have different pay scales, as shown below.
| Senior Corporate Accountant | Accountant | |
| Average salary | $73,008 | $54,890 |
| Salary range | Between $57,000 And $92,000 | Between $41,000 And $72,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Amazon | Meta |
| Best paying industry | Construction | Technology |
There are a few differences between a senior corporate accountant and an accountant in terms of educational background:
| Senior Corporate Accountant | Accountant | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior corporate accountants' and accountants' demographics:
| Senior Corporate Accountant | Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 46.2% Female, 53.8% | Male, 38.2% Female, 61.8% |
| Race ratio | Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 14.1% White, 61.6% American Indian and Alaska Native, 0.5% | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |