Senior Accountant: Overview, Salary, Job Description, Jobs

senior accountant

Senior accountants write financial statements, do analysis and research, manage the balance sheet, balance accounts, help with audit procedures. As well as do other accounting activities as necessary. Learn more as you continue reading, about a senior accountant, senior accountant salary, job description senior accountant. Also, Jobs for the senior accountant, and executive salary.

Senior Accountant

You will study complex financial information and analysis as a senior accountant. You are responsible for the accounting operations of a business. Money transfers are regulated as well as authenticated by senior accountants. However, you keep a ledger to ensure that all accounting duties are completed effectively and accurately.

Likewise, on behalf of the company, it is your responsibility to balance accounts and confirm and validate bank statements. Meanwhile, you must have prior experience working with electronic ledger systems. The majority of senior accountants are responsible for managing their own financial department inside a corporation.

Accounting sections are found in the majority of medium- to large-sized businesses. As a senior accountant, you will almost certainly be responsible for supervising a team of junior accountants. Furthermore, you should possess strong analytical abilities as well as extensive knowledge of Microsoft Excel.

Likewise, you’ll need a good handle of accounting operations, including the ability to prepare month-end reports and financial forecasts. While a bachelor’s degree in accounting is required, your positions often require a master’s degree or substantial experience in the financial sector.

Senior Accountant Salary

As of May 27, 2021, the average Senior Accountant’s salary in the United States is $81,690. However, the range is often between $73,990 and $90,590. Also, salary ranges can differ wildly based on a variety of important aspects, like schooling, certifications, extra abilities, and years in the field.

Job Description Senior Accountant

We are looking for a diligent senior accountant to perform and manage accounting activities throughout our company. Furthermore, your responsibilities include financial report preparation, account reconciliation, general journal maintenance, tax return preparation, audit preparation assistance, and other accounting functions as assigned.

To succeed, you need to have a clear understanding of Generally Accepted Accounting Principles (GAAP) and good financial analytic skills. Also, an excellent senior accountant should have great Excel abilities, be detail-oriented, well-organized, and capable of working alone with little to no supervision, and performing well under pressure.

Senior Accountant Responsibilities:

  • Coordinating accounting functions and programs.
  • Preparing financial analyses and reports.
  • Preparing revenue projections and forecasting expenditure.
  • Assisting with preparing and monitoring budgets.
  • Maintaining and reconciling balance sheets and general ledger accounts.
  • Assisting with annual audit preparations.
  • Investigating and resolving audit findings, account discrepancies, and issues of non-compliance.
  • Preparing federal, state, local, and special tax returns.
  • Contributing to the development of new or amended accounting systems, programs, and procedures.
  • Performing other accounting duties and supporting junior staff as required or assigned.

Requirements:

  • Bachelor’s degree in accounting or finance required.
  • 3+ years of accounting experience.
  • Working knowledge of tax laws and GAAP.
  • Excellent financial analysis skills.
  • Good communication skills, both written and verbal.
  • Strong organizational and stress management skills.
  • Good in Microsoft Office, particularly with Excel.
  • Ability to train and manage staff.
  • Ability to work with little to no supervision.
>> Read more: Cash Accounting: Best Cash Accounting Methods In 2021 (+ Detailed Guide)

Jobs For Senior Accountant

As a senior accountant, your job is to manage the finance practices of businesses through superior financial management. Also, partner with members of the team, and provides annual reports. As well as interacts with managers and prepares departmental budgets while keeping to business monetary regulations.

Furthermore, offers consumers excellent accounting services, including the creation of assets and new plans for client business projects. All while delivering high customer service and accounting assistance as needed. Find job opportunities online. However, you may consider searching on Pnet.com.

Senior Accountant Executive Salary

As of May 27, 2021, the average Senior Accountant Executive salary in the United States is $99,778. However, salaries often vary between $84,201 and $117,337. Also, salary ranges can differ wildly based on a variety of important elements, like schooling, certifications, extra abilities, and years in the industry.

In general, senior Account Executive base salaries range from $84,201 to $117,337, with an average base compensation of $99,778. However, the total cash pay, which includes base salary and future money, ranges from $96,178 to $147,742, with an average of $118,068.

>> Read also: Introduction to Financial Accounting

Most Common Benefits Of a Senior Accountant Executive

Aside from the yearly salary and commission, other benefits follow. The most common benefits include the following listed below.

  • Stock options
  • Provision of food
  • Flexible spending account
  • Vision insurance
  • Unlimited paid time off
  • 401(k) matching
  • Commuter assistance
  • Health insurance
  • Ability to work from home
  • 401(k)
  • Gym membership
  • Cell phone reimbursement
>> Learn more: National Income Accounting: Definitive Guide for Beginners’ with Examples

Conclusion

As a senior accountant, your job description involves resolving account balances and financial records, keeping the general ledger. As well as planning month-end closure processes are all your responsibilities in a company. Meanwhile, what makes you good at this job is the ability to combine strong intellect with an in-depth understanding of accounting concepts in order to examine financial statements and predictions.

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