Senior Accounting Analyst Salaries in Boston

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Senior accounting analysts’ responsibilities vary widely by industry. At a manufacturing company, for example, a senior accounting analyst may be responsible for providing financial forecasting reports and recommended cost reductions, while a service provider may expect its senior accounting analyst to ensure compliance with GAAP and regulatory requirements. By contrast, a real estate development firm may require its senior accounting analyst to prepare analytics and financial models related to prospective lease activity. Generally speaking, however, senior accounting analysts are responsible for an array of complex accounting tasks and for reviewing monthly financial activity. Specific duties include preparing and reviewing reports; analyzing financial variances with key business drivers; developing business budgets and forecasts; and streamlining the efficiency of reporting.

Most senior accounting analyst jobs require a minimum of a Bachelor’s degree in Accounting, Finance, or a related area. However, leading firms prefer that candidates possess an MBA with a specialization in Accounting and Finance, along with four to eight years of general accounting or previous financial analysis experience. A Certified Public Accountant (CPA) certification is expected. Candidates are expected to have a strong business acumen, along with solid Excel or general ledger accounting system knowledge. Experience with an enterprise accounting system, such as SAP, is also expected. Successful candidates possess solid organizational skills, along with demonstrated financial and analytical ability. Communication and strong interpersonal skills are also desirable.

According to Indeed. com, the average salary for a senior accounting analyst in Boston is $89,000. That’s 14 percent higher than the national average pay of $77,000 for a senior accounting analyst. Not surprisingly, senior accounting analysts with Master’s degrees earn significantly more than those with only Bachelor’s degrees. Similar jobs in Boston include senior budget analysts, averaging $81,000; senior treasury analysts who earn $91,000; life agents who average $100,000; and senior executive analyst consultants, who top the ledger with a whopping average salary of $312,000.

Job opportunities are plentiful for senior accounting analysts. According to the U.S. Bureau of Labor Statistics, employment of accounting analysts is expected to grow much faster than other occupations. The agency credits the increasing complexity and global focus of investments for spurring this growth.

Search available senior accounting analyst jobs in Boston.

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