June 11, 2024

The Salary of an Accounting Analyst

The salary of an accounting analyst is often dependent on a number of factors. These factors include the company’s size, location, and experience level. A person with more experience will receive a higher salary. Another factor that affects the salary of an Accounting Analyst is the cost of living in a particular location.

The salary of an Accounting Analyst varies by location, but the average salary is around $52,000 a year. A person who works in Chicago, IL earns $60,184 a year, which is more than the national average of $58,312. This makes Chicago a popular place for people looking to break into this industry.

Account Analysts rely on software applications to analyze data and produce ad hoc reports. As such, they need to have strong computer skills and be able to pick up new programs quickly. Furthermore, they should have experience using databases. In addition, their education is a major factor when it comes to salary.

Once they’ve obtained a bachelor’s degree, many accounting analysts choose to pursue graduate school. The University of Nevada, Reno offers an online Master of Accountancy (MAcc). This program equips students with important skills in tax laws and advanced accounting. In addition, the curriculum focuses on technical skills. The courses emphasize SQL, business analysis methods, data transformation, industry knowledge, and federal taxation.

The average salary for an Accounting Analyst in Sri Lanka varies significantly depending on years of experience. Those with less than two years of experience can expect to make around 553,800 LKR. Those with more than five years of experience can earn between 712,100 LKR and 1,345,400 LKR.

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