Post job

Staff accountant vs senior accountant

The differences between staff accountants and senior 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 senior accountant. Additionally, a senior accountant has an average salary of $71,967, 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 senior accountant are reconciliations, CPA, and GAAP.

Staff accountant vs senior accountant overview

Staff AccountantSenior Accountant
Yearly salary$54,216$71,967
Hourly rate$26.07$34.60
Growth rate6%6%
Number of jobs115,93076,816
Job satisfaction44
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 78%
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 senior accountant do?

A senior accountant is responsible for organizing financial reports, analyzing cost estimates, reviewing budget goals regularly, and making adjustments with the company's account statements as necessary. Senior accountants' duties also include managing account reconciliations, preparing tax documents, maintaining audit records and balance sheets, generating invoices, and providing recommendations to minimize possible financial loss. A senior accountant must have excellent analytical and critical-thinking skills and extensive knowledge of accounting and financial principles.

Staff accountant vs senior accountant salary

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

Staff AccountantSenior Accountant
Average salary$54,216$71,967
Salary rangeBetween $42,000 And $68,000Between $55,000 And $92,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew YorkNew York
Best paying companyMetaGoogle
Best paying industryGovernmentFinance

Differences between staff accountant and senior accountant education

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

Staff AccountantSenior Accountant
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Staff accountant vs senior accountant demographics

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

Staff AccountantSenior Accountant
Average age4444
Gender ratioMale, 41.6% Female, 58.4%Male, 46.9% Female, 53.1%
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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.5% White, 61.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between staff accountant and senior 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.
  • Show more

Senior accountant example responsibilities.

  • Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Compile and analyze financial information to prepare monthly accruals, payroll journal, general journal and bank reconciliations.
  • Research and develop policies around Medicaid and Medicare billings and prepare Medicaid cost reports.
  • Coordinate submissions of financial data from regional divisions and prepare the consolidated company financial statement using Hyperion program.
  • Show more

Staff accountant vs senior accountant skills

Common staff accountant skills
  • Reconciliations, 15%
  • Account Reconciliations, 7%
  • GAAP, 6%
  • General Ledger Accounts, 4%
  • External Auditors, 4%
  • Internal Controls, 4%
Common senior accountant skills
  • Reconciliations, 13%
  • CPA, 8%
  • GAAP, 7%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Payroll, 4%

Browse business and financial jobs