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Staff accountant vs accounting assistant

The differences between staff accountants and accounting assistants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a staff accountant, becoming an accounting assistant takes usually requires 4-6 years. Additionally, a staff accountant has an average salary of $54,216, which is higher than the $39,569 average annual salary of an accounting assistant.

The top three skills for a staff accountant include reconciliations, account reconciliations and GAAP. The most important skills for an accounting assistant are data entry, customer service, and reconciliations.

Staff accountant vs accounting assistant overview

Staff AccountantAccounting Assistant
Yearly salary$54,216$39,569
Hourly rate$26.07$19.02
Growth rate6%-5%
Number of jobs115,93063,945
Job satisfaction4-
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 55%
Average age4451
Years of experience46

What does a staff accountant do?

Staff accountants are employees who are part of the company's accounting department. They are usually certified public accountants (CPAs). Staff accountants should be familiar with accounting tasks. Previous accounting experiences play a huge advantage in their success. They perform a variety of accounting responsibilities such as information verification and analysis, financial report preparation and presentation, financial account reconciliation, billing and payment receiving activities, vendor database management, and invoice processing requirements. They should also know how to do bookkeeping. Staff accountants should have good communication skills, analytical skills, and decision-making skills. They should also be organized and trustworthy since they will be handling confidential information.

What does an accounting assistant do?

An accounting assistant is responsible for supporting the daily operations of the business' accounting department, from reviewing financial transactions to the submission of financial reports. Accounting assistants' duties include performing data entry and clerical tasks, maintaining a safe record of account statements, updating and analyzing transactions, verifying the accuracy of financial records, and managing customers and vendors' inquiries as immediate as possible. An accounting assistant must have a broad knowledge of the accounting principles and processes, as well as excellent communication and time-management skills, especially on meeting strict deadlines and doing complex tasks as needed.

Staff accountant vs accounting assistant salary

Staff accountants and accounting assistants have different pay scales, as shown below.

Staff AccountantAccounting Assistant
Average salary$54,216$39,569
Salary rangeBetween $42,000 And $68,000Between $30,000 And $50,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew YorkNew York
Best paying companyMetaLos Alamos National Laboratory
Best paying industryGovernmentFinance

Differences between staff accountant and accounting assistant education

There are a few differences between a staff accountant and an accounting assistant in terms of educational background:

Staff AccountantAccounting Assistant
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 55%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Staff accountant vs accounting assistant demographics

Here are the differences between staff accountants' and accounting assistants' demographics:

Staff AccountantAccounting Assistant
Average age4451
Gender ratioMale, 41.6% Female, 58.4%Male, 20.1% Female, 79.9%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.4% White, 61.9% American Indian and Alaska Native, 0.5%Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between staff accountant and accounting assistant duties and responsibilities

Staff accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Contribute revenue accruals using job cost system, fix assets including reclassification, reconciliation and depreciation.
  • Prepare month-end journal entries and assist in compilation of financial statements, reconcile bank statements and general ledgers.
  • Complete audit-quality account reconciliations monthly for balance sheet accounts including the capital projects in progress accounts and miscellaneous revenue accounts.
  • Assume responsibility for cash management encompassing wire and ACH transfers processing, bank activity confirmation, and monthly bank account reconciliations.
  • Handle all A/R and A/P, payroll, change orders, collections, lien placement and release, vendor account management.
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Accounting assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
  • Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
  • Reconcile departmental report cash against banking ACH transactions.
  • Process mortgage portfolio monthly payments and interest accruals.
  • Utilize online system for calculating payroll and family tuition payments.
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Staff accountant vs accounting assistant skills

Common staff accountant skills
  • Reconciliations, 15%
  • Account Reconciliations, 7%
  • GAAP, 6%
  • General Ledger Accounts, 4%
  • External Auditors, 4%
  • Internal Controls, 4%
Common accounting assistant skills
  • Data Entry, 13%
  • Customer Service, 11%
  • Reconciliations, 8%
  • Purchase Orders, 7%
  • Credit Card Payments, 6%
  • General Ledger Accounts, 5%

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