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Grant accountant vs senior tax accountant

The differences between grant 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 grant accountant and a senior tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $59,472 average annual salary of a grant accountant.

The top three skills for a grant accountant include reconciliations, grants management and GAAP. The most important skills for a senior tax accountant are CPA, state income, and tax research.

Grant accountant vs senior tax accountant overview

Grant AccountantSenior Tax Accountant
Yearly salary$59,472$77,537
Hourly rate$28.59$37.28
Growth rate6%6%
Number of jobs36,03457,686
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 74%
Average age4444
Years of experience44

What does a grant accountant do?

A grant accountant is responsible for overseeing financial and grant services in an organization. They are responsible for performing accounting and administrative tasks such as gathering and analyzing data, preparing and processing financial statements, conducting audits and assessments, identifying and resolving discrepancies, and handling taxes. They may also prepare forecasts and models, supervise budgets, and submit regular reports to managers. Moreover, a grant accountant must comply with the state, federal, and local financial laws and regulations, keeping abreast of the latest changes.

What does a senior tax accountant do?

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.

Grant accountant vs senior tax accountant salary

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

Grant AccountantSenior Tax Accountant
Average salary$59,472$77,537
Salary rangeBetween $46,000 And $76,000Between $60,000 And $99,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew YorkNew York
Best paying companySearch for Common GroundRiverbed Holdings, Inc.
Best paying industryProfessionalProfessional

Differences between grant accountant and senior tax accountant education

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

Grant AccountantSenior Tax Accountant
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Grant accountant vs senior tax accountant demographics

Here are the differences between grant accountants' and senior tax accountants' demographics:

Grant AccountantSenior Tax Accountant
Average age4444
Gender ratioMale, 37.8% Female, 62.2%Male, 50.6% Female, 49.4%
Race ratioBlack or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.4% White, 62.9% 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 Percentage7%7%

Differences between grant accountant and senior tax accountant duties and responsibilities

Grant accountant example responsibilities.

  • Manage sub-awards to ensure compliance with federal and state regulations, and OMB circulars prior to payment process.
  • Manage all daily and biweekly payroll processes in accordance within establish deadlines.
  • Manage derivative accounting at global level and ensure accounting and economic hedging objectives are align.
  • Perform grant-related post-award functions, including budget and expense analysis, financial reporting and reconciliations.
  • Coordinate audit process with outside CPA firm, audit lead schedules, reports.
  • Supervise monthly payroll processing and tax calculations.
  • Show more

Senior tax accountant example responsibilities.

  • Research technical topics in taxation to present to the tax department and clients on areas of concern in the IRS code.
  • Participate in monthly accounting close with preparation and ownership of tax accrual journal entries and reconciliations.
  • Help implement, and maintain federal and state tax provision information into OneSource.
  • Work with internal and external resources to ensure implementation of CCH software on shopping cart is successful.
  • Assist and review the maintenance of the OneSource database relative to coding & mapping of the trial balance.
  • Conduct research with CCH and RIA on tax exposures, savings, refund, recovery, and credits.
  • Show more

Grant accountant vs senior tax accountant skills

Common grant accountant skills
  • Reconciliations, 9%
  • Grants Management, 5%
  • GAAP, 5%
  • Payroll, 5%
  • Financial Analysis, 4%
  • Expenditure Reports, 4%
Common senior tax accountant skills
  • CPA, 14%
  • State Income, 5%
  • Tax Research, 5%
  • Income Tax Returns, 4%
  • Tax Planning, 4%
  • Tax Compliance, 4%

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