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The differences between senior corporate accountants and senior 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 senior accountant. Additionally, a senior corporate accountant has an average salary of $73,008, which is higher than the $71,967 average annual salary of a senior accountant.
The top three skills for a senior corporate accountant include reconciliations, GAAP and SOX. The most important skills for a senior accountant are reconciliations, CPA, and GAAP.
| Senior Corporate Accountant | Senior Accountant | |
| Yearly salary | $73,008 | $71,967 |
| Hourly rate | $35.10 | $34.60 |
| Growth rate | 6% | 6% |
| Number of jobs | 57,895 | 76,816 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 78% |
| 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.
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.
Senior corporate accountants and senior accountants have different pay scales, as shown below.
| Senior Corporate Accountant | Senior Accountant | |
| Average salary | $73,008 | $71,967 |
| Salary range | Between $57,000 And $92,000 | Between $55,000 And $92,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Amazon | |
| Best paying industry | Construction | Finance |
There are a few differences between a senior corporate accountant and a senior accountant in terms of educational background:
| Senior Corporate Accountant | Senior Accountant | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 78% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior corporate accountants' and senior accountants' demographics:
| Senior Corporate Accountant | Senior Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 46.2% Female, 53.8% | Male, 46.9% Female, 53.1% |
| 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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.5% White, 61.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |