Revenue Accountant Salary
Average Revenue Accountants in the United States make around $59K per year. Residence and experience level each impact pay for this group, with the former having the largest influence. Men are in the minority of survey respondents, with female Revenue Accountants making up 72 percent. In this profession, a large number enjoy medical and dental coverage, and a fair number have vision insurance, as well. The majority of individuals in this role claim moderate levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
Job Description for Revenue Accountant
Revenue accountants are often also called senior accountants, finance accountants, or senior revenue accountants. Revenue accountants work in manufacturing companies, distribution companies, the wholesale industry, the health care industry, retail companies, and many other fields of business. Basically, any business that processes sales and service revenue needs revenue accountants. They mainly work indoors during standard daytime office hours. They are usually full-time employees, but they might work overtime during busy times of the year. Revenue accountants need a bachelor's degree in accounting, finance, financial management, or a related field. The job often requires revenue accountants to be CPA’s as well. Many companies prefer experience in accounting or finance. In addition to a bachelor’s degree, revenue accountants must often also be proficient in Microsoft Office, Excel, PowerPoint, Access, and Outlook.Read More...
Revenue accountants are responsible for handling all financial aspects of a company. They perform daily, weekly, and monthly audits for their company or department. They also assist during quarterly financial reviews and annual audits. This includes month-end closing and reporting responsibilities. They often oversee monitoring of accounts payable and receivable, as well as the technical accounting analysis relating to the department or company they work for. They also often delegate or supervise preparation of budgets, forecasts and various other year-end financial reports. They are often required to work with marketing personnel and advertising departments to increase revenue. In addition to all of these duties, revenue accountants will often participate in performing special projects.
Revenue accountants should be very organized and committed to exact deadlines. They must have strong customer services skills, as they will often work with clients to resolve billing issues and discrepancies. They also review client financial data to calculate monthly client billings. Revenue accountants are required to have a strong work ethic and high level of integrity. They often work with other departments to provide financial analysis and give constructive feedback to department heads from those departments.
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Popular Skills for Revenue Accountant
Revenue Accountants report using a pretty varied skill set on the job. Most notably, skills in Oracle, Revenue Recognition, Microsoft Excel, and Accounting are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include SAP SAP Financial Accounting and Controlling and Financial Analysis. Most people familiar with Accounting also know Financial Analysis.
Pay by Experience Level for Revenue Accountant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
More years of relevant experience do not necessarily translate to higher paychecks. Relatively untried employees who have fewer than five years of experience earn around $56K on average. People who have worked for five to 10 years can expect a higher median salary of $61K. Revenue Accountants see a median salary of $65K after reaching one to two decades on the job. As Revenue Accountants reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $79K.
Pay Difference by Location
For Revenue Accountants, San Francisco provides a pay rate that is 38 percent greater than the national average. Revenue Accountants will also find cushy salaries in Tulsa (+25 percent), Houston (+16 percent), Dallas (+9 percent), and Fort Worth (+7 percent). Those in the field find the lowest salaries in Miami, 16 percent below the national average. A couple other locations with smaller-than-average paychecks include Seattle (14 percent lower) and Austin (8 percent lower).
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Key Stats for Revenue Accountant
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