Account Analyst Salary
Median pay for Account Analysts in the United States is around $43K annually. Location is the biggest factor affecting pay for this group, followed by experience level. The majority of Account Analysts claim high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 55 percent. Medical benefits are awarded to most, and a strong majority earn dental coverage.
|Salary||$34,930 - $61,231|
|Bonus||$458.00 - $9,887|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$31,792 - $60,933|
|Hourly Rate||$12.51 - $25.04|
|Overtime||$18.31 - $50.34|
|Bonus||$458.00 - $9,887|
|Total Pay (||$31,792 - $60,933|
Job Description for Account Analyst
The account analyst’s job will generally have them looking at financial statements for public companies. They will be responsible for evaluating balance sheets, statements of cash flow, and income statements. The analyst will have extensive knowledge of accounting principle. This knowledge will be applied when providing details that support the financial statements of the companies they work for.Read More...
The analyst is a specific part of an overall team that makes up the accounting department of the company. They will generally report to a manager or supervisor, and there can be multiple analysts working together, depending on industry and size of the company. For this job, it is good for the candidate to sound knowledge of accounting practices and theories, as well as being analytical and detail-oriented. The individual should be able to interact clearly and effectively with the general public, vendors, and customers.
A person applying for an account analyst job will more than likely be required to have a master’s degree that specializes in accounting or finance. Some analysts also hold certifications as a Certified Public Accountant (CPA), Chartered Certified Accountant (ACCA), or Chartered Accountant (CA or ACA). Many companies would want their analysts to have a good amount of experience, but this is not always the case. The accounting analyst’s typical day will usually involve a 9-to-5 schedule. However, depending on the company that they are working for, the analyst could find themselves working into the night or on weekends.
Account Analyst Tasks
- Process client invoices, applying price reductions and rebates.
- Maintain records of company promotions, sales, price changes, and other factors affecting customer billing.
- Identify and resolve errors with customer accounts.
- Monitor customer payments received and current account status.
Popular Skills for Account Analyst
Just a handful of professional skills are reported by Account Analysts who took the survey. Most notably, skills in Data Analysis, Customer Service, Microsoft Excel, and Billing are correlated to pay that is above average. Microsoft Office and Billing, on the other hand, are typically associated with much lower pay. Most people who know Data Analysis also know Customer Service.
Pay by Experience Level for Account Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Account Analysts, experience does not seem to be a major factor in determining pay. At career start (within the first five years), average income sits near $41K, and the average for folks who have worked for five to 10 years is only slightly higher at $42K. The average pay reported by folks with 10 to 20 years of experience is around $44K. Veterans who have acquired more than 20 years report a median income of $45K, which is generally higher than the pay reported by other tenure groups.
Pay Difference by Location
Account Analysts will find that Boston offers an impressive pay rate, one which exceeds the national average by 55 percent. Account Analysts can also look forward to large paychecks in cities like New York (+32 percent), Atlanta (+28 percent), Washington (+24 percent), and Miami (+23 percent). The lowest-paying market is Des Moines, which sits 13 percent below the national average. Below-median salaries also turn up in Greensboro and Pittsburgh (9 percent lower and 7 percent lower, respectively).
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based on 23 votes.