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Traveling accountant vs cost accountant

The differences between traveling accountants and cost 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 traveling accountant and a cost accountant. Additionally, a cost accountant has an average salary of $60,528, which is higher than the $43,629 average annual salary of a traveling accountant.

The top three skills for a traveling accountant include expense reports, financial statements and customer service. The most important skills for a cost accountant are reconciliations, variance analysis, and GAAP.

Traveling accountant vs cost accountant overview

Traveling AccountantCost Accountant
Yearly salary$43,629$60,528
Hourly rate$20.98$29.10
Growth rate6%6%
Number of jobs40,88539,925
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 77%
Average age4444
Years of experience44

Traveling accountant vs cost accountant salary

Traveling accountants and cost accountants have different pay scales, as shown below.

Traveling AccountantCost Accountant
Average salary$43,629$60,528
Salary rangeBetween $28,000 And $67,000Between $45,000 And $81,000
Highest paying City-Edison, NJ
Highest paying state-New Jersey
Best paying company-Google
Best paying industry-Energy

Differences between traveling accountant and cost accountant education

There are a few differences between a traveling accountant and a cost accountant in terms of educational background:

Traveling AccountantCost Accountant
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Traveling accountant vs cost accountant demographics

Here are the differences between traveling accountants' and cost accountants' demographics:

Traveling AccountantCost Accountant
Average age4444
Gender ratioMale, 30.4% Female, 69.6%Male, 52.6% Female, 47.4%
Race ratioBlack or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.9% White, 62.9% American Indian and Alaska Native, 0.5%Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between traveling accountant and cost accountant duties and responsibilities

Traveling accountant example responsibilities.

  • Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
  • Administer general ledgers, fund coding and checkbook maintenance for organization's accounts while also generating daily financial analysis reports.
  • Enforce policies and procedures regarding expense reimbursements as specified in the CACI policies and procedures manual.

Cost accountant example responsibilities.

  • Manage ledgers and perform month end journal entries.
  • Manage the payroll with ADP system and account receivable.
  • Manage costing control as well as accounts payable (A/P) and accounts receivable (A/R).
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Prepare raw material and WIP inventory reconciliations.
  • Develop tracking of GAAP inventory valuation for all inventory inherit from the bankrupt former company.
  • Show more

Traveling accountant vs cost accountant skills

Common traveling accountant skills
  • Expense Reports, 30%
  • Financial Statements, 12%
  • Customer Service, 10%
  • Journal Entries, 10%
  • Reconciliations, 8%
  • Credit Card Accounts, 5%
Common cost accountant skills
  • Reconciliations, 9%
  • Variance Analysis, 6%
  • GAAP, 4%
  • Account Reconciliations, 3%
  • Cost Analysis, 3%
  • Financial Analysis, 3%

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