Post job

Senior corporate accountant vs senior staff accountant

The differences between senior corporate accountants and senior staff 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 staff accountant. Additionally, a senior corporate accountant has an average salary of $73,008, which is higher than the $65,019 average annual salary of a senior staff accountant.

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

Senior corporate accountant vs senior staff accountant overview

Senior Corporate AccountantSenior Staff Accountant
Yearly salary$73,008$65,019
Hourly rate$35.10$31.26
Growth rate6%6%
Number of jobs57,895112,760
Job satisfaction-5
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 senior staff accountant do?

A senior staff accountant is responsible for managing the accounting operations of the company's accounting department, reconciling accounts, and finalizing financial reports to discuss with the management. Senior staff accountants resolve account discrepancies, analyze the company's financial status, and verify financial transactions. They must have excellent analytical skills and extensive knowledge of the accounting principles to perform accounting duties that would minimize the financial risk of the company. A senior staff accountant provides strategic recommendations to prevent overspending and increase efficiency across all departments to drive more revenues and profits.

Senior corporate accountant vs senior staff accountant salary

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

Senior Corporate AccountantSenior Staff Accountant
Average salary$73,008$65,019
Salary rangeBetween $57,000 And $92,000Between $48,000 And $86,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew YorkNew York
Best paying companyAmazonCalumet Specialty Products Partners
Best paying industryConstructionProfessional

Differences between senior corporate accountant and senior staff accountant education

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

Senior Corporate AccountantSenior Staff 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 senior staff accountant demographics

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

Senior Corporate AccountantSenior Staff Accountant
Average age4444
Gender ratioMale, 46.2% Female, 53.8%Male, 42.6% Female, 57.4%
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, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior corporate accountant and senior staff 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

Senior staff accountant example responsibilities.

  • Manage month end close process including journal entries, departmental analysis and preparation of consolidate financial statements and account reconciliations.
  • Involve in revenue recognition research (ASC 985-605 vs. ASC 605-25).
  • Aid managers in performing AP duties, generate financial reports for CPA, and reconcile bank accounts for corporate office.
  • Prepare balance sheet reconciliations and general ledger analysis in accordance with GAAP.
  • Advance SaaS deal and rev accounting.
  • Cultivate productive, trustful relationship with external CPA firm, critical to producing successful audits and year-end reporting.
  • Show more

Senior corporate accountant vs senior staff accountant skills

Common senior corporate accountant skills
  • Reconciliations, 13%
  • GAAP, 9%
  • SOX, 5%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Strong Analytical, 4%
Common senior staff accountant skills
  • Reconciliations, 13%
  • Account Reconciliations, 7%
  • CPA, 7%
  • GAAP, 5%
  • General Ledger Accounts, 5%
  • Balance Sheet Accounts, 4%

Browse business and financial jobs