Revenue Accountant Salary
Revenue Accountants in the United States can expect to earn an average of $59K per year. Geographic location and career duration each impact pay for this group, with the former having the largest influence. A large number receive medical and dental insurance and a fair number get vision insurance. Men are in the minority of survey respondents, with female Revenue Accountants making up 75 percent. Most workers in this position report moderate levels of job satisfaction.
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 generally report applying a varied skill set to their work. Most notably, skills in Oracle, Revenue Recognition, Accounting, and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include SAP SAP Financial Accounting and Controlling. Most people who know 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.
For many Revenue Accountants, extensive experience does not lead to significantly more money. During the first five years of their careers, Revenue Accountants see a median income of $56K. Survey respondents with five to 10 years of experience report an only modestly higher median of $60K. For Revenue Accountants, 10 to 20 years of experience on the job amounts to an average salary of $66K. In the end, more experience does seem to mean larger paychecks; seasoned Revenue Accountants with more than 20 years of experience earn a predictably higher median salary of $80K.
Pay Difference by Location
With a pay rate for Revenue Accountants that is 40 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Revenue Accountants will also find cushy salaries in Tulsa (+26 percent), Dallas (+11 percent), Houston (+11 percent), and Denver (+5 percent). In Miami, salaries are 15 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Seattle (13 percent less) and Austin (7 percent less).
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Key Stats for Revenue Accountant
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