Post job

Senior corporate accountant vs accounting consultant

The differences between senior corporate 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 corporate accountant and an accounting consultant. Additionally, a senior corporate accountant has an average salary of $73,008, which is higher than the $62,830 average annual salary of an accounting consultant.

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

Senior corporate accountant vs accounting consultant overview

Senior Corporate AccountantAccounting Consultant
Yearly salary$73,008$62,830
Hourly rate$35.10$30.21
Growth rate6%6%
Number of jobs57,89574,894
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 73%
Average age4444
Years of experience44

What does a senior corporate accountant do?

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.

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 corporate accountant vs accounting consultant salary

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

Senior Corporate AccountantAccounting Consultant
Average salary$73,008$62,830
Salary rangeBetween $57,000 And $92,000Between $45,000 And $86,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyAmazonJordan Company
Best paying industryConstructionManufacturing

Differences between senior corporate accountant and accounting consultant education

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

Senior Corporate AccountantAccounting Consultant
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 73%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior corporate accountant vs accounting consultant demographics

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

Senior Corporate AccountantAccounting Consultant
Average age4444
Gender ratioMale, 46.2% Female, 53.8%Male, 49.3% Female, 50.7%
Race ratioBlack 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, 8.5% 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 corporate accountant and accounting consultant duties and responsibilities

Senior corporate accountant example responsibilities.

  • Manage CAPEX and Hyperion reporting.
  • Manage Sarbanes-Oxley documentation and perform the related testing in accordance with policy.
  • Manage all treasury activity for corporate entities including daily cash management, monthly earn fee calculations, and property relate reimbursements.
  • Prepare documentation in support of financial statements for SOX regulations, internal and external auditors.
  • Initiate financial analysis, budgeting, management planning, capital expenditure monitoring, and revenue recognition according to GAAP.
  • Research and implement functionality within ERP system.
  • Show more

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.
  • Show more

Senior corporate accountant vs accounting consultant skills

Common senior corporate accountant skills
  • Reconciliations, 13%
  • GAAP, 9%
  • SOX, 5%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Strong Analytical, 4%
Common accounting consultant skills
  • CPA, 15%
  • GAAP, 11%
  • Reconciliations, 8%
  • ERP, 4%
  • Shared Services, 4%
  • SOX, 4%

Browse business and financial jobs