As of August 01, 2026, the average salary for a Cash and Banking Accountant in the United States is $82,503 per year, which breaks down to an hourly rate of $40.
However, a Cash and Banking Accountant's salary can vary significantly. Here’s a look at the typical salary range:
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A Cash and Banking Accountant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Cash and Banking Accountants. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Project Management | 6.93% |
| Microsoft Office | 2.51% |
| Back Office | 1.31% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Product Management
|
$103,954 |
26%
|
|
Project Management
|
$95,703 |
16%
|
|
Treasury
|
$90,753 |
10%
|
|
Business Administration
|
$90,753 |
10%
|
|
Products and Services
|
$90,753 |
10%
|
|
PowerPoint
|
$90,753 |
10%
|
For Cash and Banking Accountant roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 50% above the average. In contrast, Cash and Banking Accountant positions in Insurance or Business Services typically offer lower base pay, as these industries often view Cash and Banking Accountant as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $123,754 | $59.0 | 50% |
| Edu., Gov't. & Nonprofit | $99,003 | $48.0 | 20% |
Your level of education can impact your salary potential. While many Cash and Banking Accountants enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Cash and Banking Accountant with a Bachelor's Degree is between $76,906 and $83,541).
Cash and Banking Accountant Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.7% |
| High School | 13.3% |
| Associates | 9.6% |
| Bachelors | 61.5% |
| Masters | 14.8% |
| Doctorate | 0.0% |
Understanding how a Cash and Banking Accountant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Salaries for a Cash and Banking Accountant can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $73,133 in 2023 to around $71,808 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Cash and Banking Accountant salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $73,133 |
| 2024 | $72,729 |
| 2025 | $71,808 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Financial Services industry offers the highest average compensation for Cash and Banking Accountant roles, with salaries approximately 50% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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