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Senior corporate accountant vs fixed asset accountant

The differences between senior corporate 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 corporate accountant and a fixed asset accountant. Additionally, a senior corporate accountant has an average salary of $73,008, which is higher than the $59,691 average annual salary of a fixed asset accountant.

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

Senior corporate accountant vs fixed asset accountant overview

Senior Corporate AccountantFixed Asset Accountant
Yearly salary$73,008$59,691
Hourly rate$35.10$28.70
Growth rate6%6%
Number of jobs57,89542,860
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 77%
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 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 corporate accountant vs fixed asset accountant salary

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

Senior Corporate AccountantFixed Asset Accountant
Average salary$73,008$59,691
Salary rangeBetween $57,000 And $92,000Between $46,000 And $76,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateNew YorkNew York
Best paying companyAmazonApple
Best paying industryConstructionEnergy

Differences between senior corporate accountant and fixed asset accountant education

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

Senior Corporate AccountantFixed Asset Accountant
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior corporate accountant vs fixed asset accountant demographics

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

Senior Corporate AccountantFixed Asset Accountant
Average age4444
Gender ratioMale, 46.2% Female, 53.8%Male, 43.8% Female, 56.2%
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, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior corporate accountant and fixed asset accountant 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

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.
  • Show more

Senior corporate accountant vs fixed asset accountant skills

Common senior corporate accountant skills
  • Reconciliations, 13%
  • GAAP, 9%
  • SOX, 5%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Strong Analytical, 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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