Senior project accountant vs fixed asset accountant

The differences between senior project 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 project accountant and a fixed asset accountant. Additionally, a senior project accountant has an average salary of $64,388, which is higher than the $59,691 average annual salary of a fixed asset accountant.

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

Senior project accountant vs fixed asset accountant overview

	Senior Project Accountant	Fixed Asset Accountant
Yearly salary	$64,388	$59,691
Hourly rate	$30.96	$28.70
Growth rate	6%	6%
Number of jobs	45,277	42,860
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 76%	Bachelor's Degree, 77%
Average age	44	44
Years of experience	4	4

What does a senior project accountant do?

Senior Project Accountants are responsible for providing support in financial management for a project. Their duties include creating financial appraisals, producing project forecasts, and developing project financial reports. They are responsible for facilitating financial planning, identifying budget deviances, performing impact analysis, and assisting in risk management planning. Senior Project Accountants also establish financial governance for a project, improve financial tools, test data, and prepare a business case analysis for senior management. They participate in project meetings, assist in internal audits, and ensure operations adhere to corporate financial legislations.

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 project accountant vs fixed asset accountant salary

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

	Senior Project Accountant	Fixed Asset Accountant
Average salary	$64,388	$59,691
Salary range	Between $48,000 And $85,000	Between $46,000 And $76,000
Highest paying City	Washington, DC	New York, NY
Highest paying state	Massachusetts	New York
Best paying company	Dahl Consulting	Apple
Best paying industry	Technology	Energy

Differences between senior project accountant and fixed asset accountant education

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

	Senior Project Accountant	Fixed Asset Accountant
Most common degree	Bachelor's Degree, 76%	Bachelor's Degree, 77%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Senior project accountant vs fixed asset accountant demographics

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

	Senior Project Accountant	Fixed Asset Accountant
Average age	44	44
Gender ratio	Male, 37.3% Female, 62.7%	Male, 43.8% Female, 56.2%
Race ratio	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% 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 Percentage	7%	7%

Differences between senior project accountant and fixed asset accountant duties and responsibilities

Senior project accountant example responsibilities.

Manage daily operations of the accounting department to include contract billing, accounts receivable, and monthly backlog/accrual reconciliations.
Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
Produce financial reports on a timely basis for building construction decision making using various job cost methods in conformity to GAAP.
Provide recommendations and assist with development, documentation, and implementation of agree process improvement procedures according to GAAP and SOX.
Audit and approve the supporting documents of all invoices of the company in accordance with the requirements regulations by SOX.
Prepare schedules for recurring accruals and deferrals and amortize monthly.

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.

Senior project accountant vs fixed asset accountant skills

Common senior project accountant skills

Reconciliations, 7%
Project Management, 6%
GAAP, 5%
Financial Reports, 4%
Payroll, 4%
Accruals, 4%

Common fixed asset accountant skills

Fixed Assets, 16%
Reconciliations, 8%
Asset System, 6%
GAAP, 5%
Financial Statements, 4%
Account Reconciliations, 4%

Senior Project Accountant vs. similar jobs

Senior Project Accountant related careers

Senior Project Accountant related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Senior Project Accountant
Senior Project Accountant vs Fixed Asset Accountant

Updated January 8, 2025

Browse business and financial jobs