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The differences between cash accountants and senior 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 cash accountant and a senior tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $57,971 average annual salary of a cash accountant.
The top three skills for a cash accountant include reconciliations, cash management and general ledger accounts. The most important skills for a senior tax accountant are CPA, state income, and tax research.
| Cash Accountant | Senior Tax Accountant | |
| Yearly salary | $57,971 | $77,537 |
| Hourly rate | $27.87 | $37.28 |
| Growth rate | 6% | 6% |
| Number of jobs | 40,765 | 57,686 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Cash accountants are accounting professionals who are responsible for recording revenues and expenses during the period when cash is received and paid, respectively. These accountants are required to prepare journal entries and perform cash account reconciliations to balance bank and book balances during month-end closing activities. They must prepare all bank deposits and generate financial and payroll reports that are submitted to the operational and executive management team. Cash accountants must also provide analysis and resolution about the discrepancies in the bank and general ledger entries to internal departments and bank representatives.
Senior Tax Accountants recommend tax strategies, as well as assist the preparation of federal, state, and local taxes. They contact clients to resolve minor tax issues and work with the senior tax manager to ensure compliance with federal, state, and local tax legislation.
Cash accountants and senior tax accountants have different pay scales, as shown below.
| Cash Accountant | Senior Tax Accountant | |
| Average salary | $57,971 | $77,537 |
| Salary range | Between $44,000 And $76,000 | Between $60,000 And $99,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | New York |
| Best paying company | - | Riverbed Holdings, Inc. |
| Best paying industry | - | Professional |
There are a few differences between a cash accountant and a senior tax accountant in terms of educational background:
| Cash Accountant | Senior Tax Accountant | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between cash accountants' and senior tax accountants' demographics:
| Cash Accountant | Senior Tax Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 31.2% Female, 68.8% | Male, 50.6% Female, 49.4% |
| Race ratio | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.8% American Indian and Alaska Native, 0.5% | Black or African American, 8.4% Unknown, 3.9% Hispanic or Latino, 10.7% Asian, 14.3% White, 62.3% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |