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Staff accountant vs junior accountant

The differences between staff accountants and junior 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 junior accountant. Additionally, a staff accountant has an average salary of $54,216, which is higher than the $50,444 average annual salary of a junior accountant.

The top three skills for a staff accountant include reconciliations, account reconciliations and GAAP. The most important skills for a junior accountant are reconciliations, general ledger accounts, and account reconciliations.

Staff accountant vs junior accountant overview

Staff AccountantJunior Accountant
Yearly salary$54,216$50,444
Hourly rate$26.07$24.25
Growth rate6%6%
Number of jobs115,93057,892
Job satisfaction4-
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 70%
Average age4444
Years of experience44

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 junior accountant do?

Junior accountants maintain the financial records of companies through the analysis of their general ledger accounts and balance sheets. The accountant's post journal entries, maintain accounts receivable and payable, and update financial statements. They pay payroll every month, reconcile ledgers, and submit payroll taxes. The skills necessary for this job include analytical skills, problem-solving, information confidentiality, and proficiency in accounting software and technology. They are also expected to be detail-oriented.

Staff accountant vs junior accountant salary

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

Staff AccountantJunior Accountant
Average salary$54,216$50,444
Salary rangeBetween $42,000 And $68,000Between $38,000 And $66,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateNew YorkNew York
Best paying companyMetaFuhu
Best paying industryGovernmentConstruction

Differences between staff accountant and junior accountant education

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

Staff AccountantJunior Accountant
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Staff accountant vs junior accountant demographics

Here are the differences between staff accountants' and junior accountants' demographics:

Staff AccountantJunior Accountant
Average age4444
Gender ratioMale, 41.6% Female, 58.4%Male, 39.6% Female, 60.4%
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, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between staff accountant and junior 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.
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Junior accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Perform and assist with month-end close procedures, including preparation of monthly balance sheet and income statement account reconciliations.
  • Identify hundreds of daily transactions from banking statements using QuickBooks and present monthly financial reports
  • Perform bank and credit card reconciliations and assist with month-end accruals in addition to inter-company reconciliations.
  • Prepare financial schedules, account reconciliations, and detail financial statements and reports for analysis, financial reporting, and decision-making.
  • Deposit checks into lockbox and post to funds to proper accounts daily.
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Staff accountant vs junior accountant skills

Common staff accountant skills
  • Reconciliations, 15%
  • Account Reconciliations, 7%
  • GAAP, 6%
  • General Ledger Accounts, 4%
  • External Auditors, 4%
  • Internal Controls, 4%
Common junior accountant skills
  • Reconciliations, 18%
  • General Ledger Accounts, 8%
  • Account Reconciliations, 5%
  • Data Entry, 5%
  • QuickBooks, 4%
  • Payroll Taxes, 4%

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