Account Analyst Salary
Median pay for Account Analysts in the United States lies in the neighborhood of $44K annually. Residence is the biggest factor affecting pay for this group, followed by career length. Women Account Analysts who took the survey just slightly outnumber men. Job satisfaction for Account Analysts is high. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part.
|Salary||$35,396 - $62,519|
|Bonus||$578 - $9,609|
|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).)
|$32,850 - $61,658|
|Hourly Rate||$12.16 - $25.38|
|Overtime||$18.54 - $49.32|
|Bonus||$578 - $9,609|
|Total Pay (||$32,850 - $61,658|
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
Account Analysts usually report a few specific skills. 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. Those proficient in Data Analysis are, more often than not, also skilled in Customer Service.
Pay by Experience Level for Account Analyst
Pay by Experience for an Account Analyst has a positive trend. An entry-level Account Analyst with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 134 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Account Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $42,000 based on 45 salaries. An experienced Account Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $44,000 based on 30 salaries. An Account Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $45,000 based on 9 salaries.
Pay Difference by Location
For Account Analysts, busy Boston offers a higher-than-average pay rate, 55 percent above the national average. Account Analysts can also look forward to large paychecks in cities like New York (+31 percent), Atlanta (+27 percent), Washington (+24 percent), and Miami (+22 percent). Falling short of the national average by 13 percent, the area with the worst salaries is Des Moines. Employers also pay below the national average in Greensboro (9 percent lower) and Pittsburgh (7 percent lower).
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