Budget accountant vs tax accountant

The differences between budget accountants and tax accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a budget accountant and a tax accountant. Additionally, a tax accountant has an average salary of $62,142, which is higher than the $59,192 average annual salary of a budget accountant.

The top three skills for a budget accountant include financial data, fixed assets and journal entries. The most important skills for a tax accountant are CPA, tax audits, and income tax returns.

Budget accountant vs tax accountant overview

	Budget Accountant	Tax Accountant
Yearly salary	$59,192	$62,142
Hourly rate	$28.46	$29.88
Growth rate	6%	6%
Number of jobs	33,777	57,919
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 72%
Average age	44	44
Years of experience	4	4

Budget accountant vs tax accountant salary

Budget accountants and tax accountants have different pay scales, as shown below.

	Budget Accountant	Tax Accountant
Average salary	$59,192	$62,142
Salary range	Between $43,000 And $80,000	Between $45,000 And $83,000
Highest paying City	New York, NY	New York, NY
Highest paying state	New York	New York
Best paying company	Genentech	Pacific Investment Management Company LLC
Best paying industry	Finance	Finance

Differences between budget accountant and tax accountant education

There are a few differences between a budget accountant and a tax accountant in terms of educational background:

	Budget Accountant	Tax Accountant
Most common degree	Bachelor's Degree, 77%	Bachelor's Degree, 72%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Budget accountant vs tax accountant demographics

Here are the differences between budget accountants' and tax accountants' demographics:

	Budget Accountant	Tax Accountant
Average age	44	44
Gender ratio	Male, 49.6% Female, 50.4%	Male, 47.3% Female, 52.7%
Race ratio	Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.7% White, 62.7% American Indian and Alaska Native, 0.5%	Black or African American, 8.2% Unknown, 3.9% Hispanic or Latino, 10.5% Asian, 15.5% White, 61.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between budget accountant and tax accountant duties and responsibilities

Budget accountant example responsibilities.

Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
Prepare budgets, reconciliations and outcome reports for grants.
Facilitate data transfer and reconciliation between systems (TSI/T-II and PeopleSoft).
Review staffing compensations, medical benefits, professional insurances, headcount, and FTE metrics.
Collaborate extensively with CPA's office during preliminary and year-end audit/review process to ensure completeness of financial statements and tax returns.
Develop ROI analysis model for propose capital investments and authore requirements policy and process flow, which streamline decision-making process.

Tax accountant example responsibilities.

Utilize QuickBooks to manage client data and prepare necessary financial statements.
Manage and prepare sales and use tax account reconciliations and property tax liability accounts and prepare corresponding journal entries.
Prepared/Review financial statements according to GAAP and propose adjusting entries for clients.
Prepare tax returns for corporations, partnerships, non-profit organizations and individuals.
Work with various accounting departments, with duties such as account reconciliations, customer service, and administrative/clerical positions.
SAP, ONESOURCE, YESWIN, and BSAEfiling

Budget accountant vs tax accountant skills

Common budget accountant skills

Financial Data, 14%
Fixed Assets, 14%
Journal Entries, 14%
Reconciliations, 13%
Budget Preparation, 6%
Balance Sheet, 6%

Common tax accountant skills

CPA, 9%
Tax Audits, 4%
Income Tax Returns, 4%
Tax Research, 4%
Reconciliations, 4%
Financial Statements, 4%