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Industrial accountant vs senior tax accountant

The differences between industrial 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 an industrial accountant and a senior tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $43,267 average annual salary of an industrial accountant.

The top three skills for an industrial accountant include financial statements, reconciliations and payroll. The most important skills for a senior tax accountant are CPA, state income, and tax research.

Industrial accountant vs senior tax accountant overview

Industrial AccountantSenior Tax Accountant
Yearly salary$43,267$77,537
Hourly rate$20.80$37.28
Growth rate6%6%
Number of jobs42,22657,686
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 74%
Average age4444
Years of experience44

Industrial accountant vs senior tax accountant salary

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

Industrial AccountantSenior Tax Accountant
Average salary$43,267$77,537
Salary rangeBetween $25,000 And $72,000Between $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

Differences between industrial accountant and senior tax accountant education

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

Industrial AccountantSenior Tax Accountant
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 74%
Most common majorBusinessAccounting
Most common collegeHoward UniversityUniversity of Southern California

Industrial accountant vs senior tax accountant demographics

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

Industrial AccountantSenior Tax Accountant
Average age4444
Gender ratioMale, 47.8% Female, 52.2%Male, 50.6% Female, 49.4%
Race ratioBlack or African American, 5.7% Unknown, 3.8% Hispanic or Latino, 7.9% Asian, 13.1% White, 69.1% American Indian and Alaska Native, 0.4%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 industrial accountant and senior tax accountant duties and responsibilities

Industrial accountant example responsibilities.

  • Manage accounting operations, accounting close, account reporting and reconciliations.
  • Automate accounting processes via excel - bank statement reconciliations, recurring journal entries etc.
  • Collaborate with payroll conversion process from ADP to PeopleSoft; performing parallel testing and confirming accuracy of payroll information in PeopleSoft.
  • Respond to questions from business units regarding general accounting and/or PeopleSoft system matters and investigate and resolve GL accounting inconsistencies.

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

Industrial accountant vs senior tax accountant skills

Common industrial accountant skills
  • Financial Statements, 49%
  • Reconciliations, 44%
  • Payroll, 7%
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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