Staff accountant vs fixed asset accountant

The differences between 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 staff accountant and a fixed asset accountant. Additionally, a fixed asset accountant has an average salary of $59,691, which is higher than the $54,216 average annual salary of a staff accountant.

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

Staff accountant vs fixed asset accountant overview

	Staff Accountant	Fixed Asset Accountant
Yearly salary	$54,216	$59,691
Hourly rate	$26.07	$28.70
Growth rate	6%	6%
Number of jobs	115,930	42,860
Job satisfaction	4	-
Most common degree	Bachelor's Degree, 76%	Bachelor's Degree, 77%
Average age	44	44
Years of experience	4	4

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 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.

Staff accountant vs fixed asset accountant salary

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

	Staff Accountant	Fixed Asset Accountant
Average salary	$54,216	$59,691
Salary range	Between $42,000 And $68,000	Between $46,000 And $76,000
Highest paying City	Washington, DC	New York, NY
Highest paying state	New York	New York
Best paying company	Meta	Apple
Best paying industry	Government	Energy

Differences between staff accountant and fixed asset accountant education

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

	Staff Accountant	Fixed Asset Accountant
Most common degree	Bachelor's Degree, 76%	Bachelor's Degree, 77%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Staff accountant vs fixed asset accountant demographics

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

	Staff Accountant	Fixed Asset Accountant
Average age	44	44
Gender ratio	Male, 41.6% Female, 58.4%	Male, 43.8% Female, 56.2%
Race ratio	Black 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, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between staff accountant and fixed asset accountant 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.

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.

Staff accountant vs fixed asset accountant skills

Common staff accountant skills

Reconciliations, 15%
Account Reconciliations, 7%
GAAP, 6%
General Ledger Accounts, 4%
External Auditors, 4%
Internal Controls, 4%

Common fixed asset accountant skills

Fixed Assets, 16%
Reconciliations, 8%
Asset System, 6%
GAAP, 5%
Financial Statements, 4%
Account Reconciliations, 4%

Staff Accountant vs. similar jobs

Staff Accountant related careers

Staff Accountant related jobs

Staff Accountant jobs by location

Zippia Careers
Business and Financial Industry
Staff Accountant
Staff Accountant vs Fixed Asset Accountant

Updated January 8, 2025

Browse business and financial jobs