Senior project accountant vs senior accountant

The differences between senior project 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 project accountant and a senior accountant. Additionally, a senior accountant has an average salary of $71,967, which is higher than the $64,388 average annual salary of a senior project accountant.

The top three skills for a senior project accountant include reconciliations, project management and GAAP. The most important skills for a senior accountant are reconciliations, CPA, and GAAP.

Senior project accountant vs senior accountant overview

	Senior Project Accountant	Senior Accountant
Yearly salary	$64,388	$71,967
Hourly rate	$30.96	$34.60
Growth rate	6%	6%
Number of jobs	45,277	76,816
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 76%	Bachelor's Degree, 78%
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 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 project accountant vs senior accountant salary

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

	Senior Project Accountant	Senior Accountant
Average salary	$64,388	$71,967
Salary range	Between $48,000 And $85,000	Between $55,000 And $92,000
Highest paying City	Washington, DC	Washington, DC
Highest paying state	Massachusetts	New York
Best paying company	Dahl Consulting	Google
Best paying industry	Technology	Finance

Differences between senior project accountant and senior accountant education

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

	Senior Project Accountant	Senior Accountant
Most common degree	Bachelor's Degree, 76%	Bachelor's Degree, 78%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Senior project accountant vs senior accountant demographics

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

	Senior Project Accountant	Senior Accountant
Average age	44	44
Gender ratio	Male, 37.3% Female, 62.7%	Male, 46.9% Female, 53.1%
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, 8.5% 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%

Differences between senior project accountant and senior 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.

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.

Senior project accountant vs senior accountant skills

Common senior project accountant skills

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

Common senior accountant skills

Reconciliations, 13%
CPA, 8%
GAAP, 7%
External Auditors, 4%
Internal Controls, 4%
Payroll, 4%

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Senior Project Accountant vs Senior Accountant

Updated January 8, 2025

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