Senior Accountant Careers

Senior accountants gain proficiency in their area of accounting and advance through the ranks to the level of senior accountant. These accountants maintain a higher responsibility level than staff accountants, providing analyses and recommendations to others. Senior accountants work in a variety of accounting disciplines. The median annual salary of senior accountants was $61,480 in May 2008, according to the Bureau of Labor Statistics.

  1. Senior General Ledger Accountant

    • A senior general ledger accountant works with the general ledger system. The general ledger accountant oversees daily journal entries, records closing journal entries, coordinates account reconciliations and creates financial statements. The senior general ledger accountant acts as a resource for staff accountants who enter daily journal entries and perform some account reconciliations. The senior general ledger accountant also works with employees from other departments, providing answers to questions and participating in cross-functional teams. The senior general ledger accountant usually works long hours from the time the accounting period ends until the completion of the financial statements.

    Senior Cost Accountant

    • A senior cost accountant analyzes product costs and researches product cost variances. The senior cost accountant calculates direct labor, direct material variances and overhead variances, identifies the causes for each variance and explains the variances to senior management. The senior cost accountant provides recommendations to reduce variances or to adjust product cost. The senior cost accountant also participates on company cost reduction teams, assisting other departments in identifying potential cost reductions and calculating the financial impact of each action.

    Senior Payroll Accountant

    • A senior payroll accountant oversees the company's payroll process. The senior payroll accountant reconciles the total wages and each payroll deduction for each payroll run. The senior payroll accountant oversees the tax rates, pay rates and deduction amounts entered by staff accountants. The senior payroll accountant often works long hours the days prior to the payroll distribution to ensure that everything processes smoothly or to address any problems promptly.

    Senior Fixed Asset Accountant

    • A senior fixed asset accountant manages the fixed asset and depreciation amounts entered into the fixed asset system. When the company purchases an asset, the senior fixed asset accountant determines which depreciation method to use and the useful life of the asset.The senior fixed asset accountant ensures that each fixed asset owned or purchased by the company exists in the fixed asset system and correlates to the correct depreciation schedule.

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