Senior revenue accountants work in manufacturing companies, distribution companies, and many other fields of business. Basically, any business that processes sales and service revenue needs revenue accountants. They mainly work indoors during standard daytime office hours. They are usually full-time employees, but they might work overtime during busy times of the year.
The duties and responsibilities that they fulfil in this capacity include tracking and reporting incoming revenue, creating invoices, working closely with various departments to reconcile payments, resolving discrepancies, preparing all revenue-related journal entries, and developing new reporting and modifying existing reporting. They also oversee all personnel such as revenue accountants and managers and train them if necessary. The job often requires at least a bachelor's degree in accounting; however, a master's degree will be given preference. Moreover, certifications, such as a CPA, are also a requirement along with work experience of five or more years.
The average hourly salary for the position is $39.96, which amounts to $83,115 annually. The career is expected to grow in the near future and create new opportunities all across the United States.
There is more than meets the eye when it comes to being a senior revenue accountant. For example, did you know that they make an average of $40.01 an hour? That's $83,220 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.
There are certain skills that many senior revenue accountants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.
When it comes to the most important skills required to be a senior revenue accountant, we found that a lot of resumes listed 12.4% of senior revenue accountants included procedures, while 10.2% of resumes included asc, and 7.4% of resumes included gaap. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior revenue accountant job title. But what industry to start with? Most senior revenue accountants actually find jobs in the technology and energy industries.
If you're interested in becoming a senior revenue accountant, one of the first things to consider is how much education you need. We've determined that 75.8% of senior revenue accountants have a bachelor's degree. In terms of higher education levels, we found that 13.4% of senior revenue accountants have master's degrees. Even though most senior revenue accountants have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a senior revenue accountant. When we researched the most common majors for a senior revenue accountant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on senior revenue accountant resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a senior revenue accountant. In fact, many senior revenue accountant jobs require experience in a role such as senior accountant. Meanwhile, many senior revenue accountants also have previous career experience in roles such as staff accountant or accountant.