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Senior staff accountant vs fixed asset accountant

The differences between senior staff 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 staff accountant and a fixed asset accountant. Additionally, a senior staff accountant has an average salary of $65,019, which is higher than the $59,691 average annual salary of a fixed asset accountant.

The top three skills for a senior staff accountant include reconciliations, account reconciliations and CPA. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Senior staff accountant vs fixed asset accountant overview

Senior Staff AccountantFixed Asset Accountant
Yearly salary$65,019$59,691
Hourly rate$31.26$28.70
Growth rate6%6%
Number of jobs112,76042,860
Job satisfaction5-
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 77%
Average age4444
Years of experience44

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.

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 staff accountant vs fixed asset accountant salary

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

Senior Staff AccountantFixed Asset Accountant
Average salary$65,019$59,691
Salary rangeBetween $48,000 And $86,000Between $46,000 And $76,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateNew YorkNew York
Best paying companyCalumet Specialty Products PartnersApple
Best paying industryProfessionalEnergy

Differences between senior staff accountant and fixed asset accountant education

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

Senior Staff AccountantFixed Asset Accountant
Most common degreeBachelor's Degree, 77%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior staff accountant vs fixed asset accountant demographics

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

Senior Staff AccountantFixed Asset Accountant
Average age4444
Gender ratioMale, 42.6% Female, 57.4%Male, 43.8% Female, 56.2%
Race ratioBlack 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%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 Percentage7%7%

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

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.
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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.
  • Show more

Senior staff accountant vs fixed asset accountant skills

Common senior staff accountant skills
  • Reconciliations, 13%
  • Account Reconciliations, 7%
  • CPA, 7%
  • GAAP, 5%
  • General Ledger Accounts, 5%
  • Balance Sheet Accounts, 4%
Common fixed asset accountant skills
  • Fixed Assets, 16%
  • Reconciliations, 8%
  • Asset System, 6%
  • GAAP, 5%
  • Financial Statements, 4%
  • Account Reconciliations, 4%

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