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The differences between senior revenue accountants and fund 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 revenue accountant and a fund accountant. Additionally, a senior revenue accountant has an average salary of $77,865, which is higher than the $60,203 average annual salary of a fund accountant.
The top three skills for a senior revenue accountant include reconciliations, ASC and GAAP. The most important skills for a fund accountant are reconciliations, calculation, and securities.
| Senior Revenue Accountant | Fund Accountant | |
| Yearly salary | $77,865 | $60,203 |
| Hourly rate | $37.44 | $28.94 |
| Growth rate | 6% | 6% |
| Number of jobs | 35,729 | 35,702 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 84% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A senior revenue accountant is in charge of overseeing the financial revenues of a company, ensuring accuracy and transparency. They primarily coordinate and supervise the accounting team to ensure a smooth workflow and assist in other activities such as preparing revenue and expenditure reports. They must also monitor all financial progress, maintain records of all transactions, and process payments as needed. Furthermore, as a senior revenue accountant, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.
A fund accountant provides accounting for an investment portfolio. The investments needed include commodities, securities, and/or real estate in an investment fund like a hedge fund or mutual fund. The role of fund accountants includes activity capturing and recording. Fund accountants prepare accurate and timely values, distributions, yields, and fund accounting output for review. They manage activities associated with fund accounting and domestic equity transactions. Also, they work alongside supervisors when it comes to budget development.
Senior revenue accountants and fund accountants have different pay scales, as shown below.
| Senior Revenue Accountant | Fund Accountant | |
| Average salary | $77,865 | $60,203 |
| Salary range | Between $56,000 And $106,000 | Between $44,000 And $80,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Databricks | Warburg Pincus |
| Best paying industry | Technology | Finance |
There are a few differences between a senior revenue accountant and a fund accountant in terms of educational background:
| Senior Revenue Accountant | Fund Accountant | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 84% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior revenue accountants' and fund accountants' demographics:
| Senior Revenue Accountant | Fund Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 45.1% Female, 54.9% | Male, 61.5% Female, 38.5% |
| Race ratio | Black or African American, 7.5% Unknown, 3.9% Hispanic or Latino, 9.8% Asian, 18.1% White, 60.3% American Indian and Alaska Native, 0.4% | Black or African American, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.4% White, 59.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |