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Senior corporate accountant vs senior accountant

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 vs senior accountant overview

Senior Corporate AccountantSenior Accountant
Yearly salary$73,008$71,967
Hourly rate$35.10$34.60
Growth rate6%6%
Number of jobs57,89576,816
Job satisfaction-4
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 78%
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 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.

Senior corporate accountant vs senior accountant salary

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

Senior Corporate AccountantSenior Accountant
Average salary$73,008$71,967
Salary rangeBetween $57,000 And $92,000Between $55,000 And $92,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew YorkNew York
Best paying companyAmazonGoogle
Best paying industryConstructionFinance

Differences between senior corporate accountant and senior accountant education

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

Senior Corporate AccountantSenior Accountant
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior corporate accountant vs senior accountant demographics

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

Senior Corporate AccountantSenior Accountant
Average age4444
Gender ratioMale, 46.2% Female, 53.8%Male, 46.9% Female, 53.1%
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, 14.5% White, 61.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior corporate accountant and senior 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.
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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.
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Senior corporate accountant vs senior accountant skills

Common senior corporate accountant skills
  • Reconciliations, 13%
  • GAAP, 9%
  • SOX, 5%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Strong Analytical, 4%
Common senior accountant skills
  • Reconciliations, 13%
  • CPA, 8%
  • GAAP, 7%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Payroll, 4%

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