Post job

Fiscal manager vs tax manager

The differences between fiscal managers and tax managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a fiscal manager and a tax manager. Additionally, a tax manager has an average salary of $96,100, which is higher than the $61,354 average annual salary of a fiscal manager.

The top three skills for a fiscal manager include fiscal management, payroll taxes and general ledger. The most important skills for a tax manager are CPA, client relationships, and tax planning.

Fiscal manager vs tax manager overview

Fiscal ManagerTax Manager
Yearly salary$61,354$96,100
Hourly rate$29.50$46.20
Growth rate17%17%
Number of jobs65,13279,204
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 68%
Average age4646
Years of experience88

What does a fiscal manager do?

A fiscal manager supervises branch inventory project design to reinforce inventory levels by implementing the newest procedures and installation of software. A part of his/her or her duties and responsibilities are to execute all bookkeeping payroll functions which include employee pay adjustment processing and electronic deposits. Fiscal managers provide general oversight of monetary reporting and auditing of subcontract agencies to make sure fiscal compliance with contractual and funder requirements. They maintain individual files for every vendor or subcontractor invoices, analyze and archive vendor statements and solve billing discrepancies.

What does a tax manager do?

A Tax Manager is responsible for managing tax reporting and compliance within an organization. They provide innovative tax planning and prepare state and federal tax returns for companies.

Fiscal manager vs tax manager salary

Fiscal managers and tax managers have different pay scales, as shown below.

Fiscal ManagerTax Manager
Average salary$61,354$96,100
Salary rangeBetween $43,000 And $85,000Between $70,000 And $131,000
Highest paying CityMerced, CASan Francisco, CA
Highest paying stateNew JerseyNew York
Best paying companyCity of DetroitMeta
Best paying industryInternetFinance

Differences between fiscal manager and tax manager education

There are a few differences between a fiscal manager and a tax manager in terms of educational background:

Fiscal ManagerTax Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 68%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Fiscal manager vs tax manager demographics

Here are the differences between fiscal managers' and tax managers' demographics:

Fiscal ManagerTax Manager
Average age4646
Gender ratioMale, 34.8% Female, 65.2%Male, 58.5% Female, 41.5%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.8% White, 63.9% American Indian and Alaska Native, 0.3%Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between fiscal manager and tax manager duties and responsibilities

Fiscal manager example responsibilities.

  • Manage the annual audit process; working with auditors to ensure programs compliance and GAAP.
  • Manage accounting operations, accounting close, account reporting & reconciliations.
  • Manage bank reconciliations, financial analysis, and monthly reporting, ensuring accuracy and completeness of data.
  • Coordinate annual audit with CPA firm.
  • Close financial activity and prepare monthly financial statements in accordance with GAAP.
  • Provide general oversight of financial reporting and auditing of subcontract agencies to ensure fiscal compliance with contractual and funder requirements.
  • Show more

Tax manager example responsibilities.

  • Test and learned to analyze accounting processes managing SOX testing including accumulating documentation and reviewing other testers work.
  • Perform tax provision review to ensure compliance with ASC 740 and ASC 740-10 for public trade companies and private companies.
  • Pull data and work with Hyperion.
  • Used Lexis Nexis, RIA, and CCH to research multiple tax projects.
  • Prepare and review ASC 740 tax balances for the company s fifteen largest foreign subsidiaries.
  • Calculate, prepare and submit quarterly estimate payments without need for review from third party CPA.
  • Show more

Fiscal manager vs tax manager skills

Common fiscal manager skills
  • Fiscal Management, 8%
  • Payroll Taxes, 6%
  • General Ledger, 5%
  • Federal Regulations, 4%
  • Fiscal Policies, 4%
  • Journal Entries, 4%
Common tax manager skills
  • CPA, 16%
  • Client Relationships, 7%
  • Tax Planning, 6%
  • Tax Compliance, 5%
  • Taxation, 4%
  • Tax Research, 4%

Browse executive management jobs