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Manager, finance analysis vs tax manager

The differences between managers, finance analysis 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 manager, finance analysis and a tax manager. Additionally, a manager, finance analysis has an average salary of $112,110, which is higher than the $96,100 average annual salary of a tax manager.

The top three skills for a manager, finance analysis include financial analysis, hyperion and portfolio. The most important skills for a tax manager are CPA, client relationships, and tax planning.

Manager, finance analysis vs tax manager overview

Manager, Finance AnalysisTax Manager
Yearly salary$112,110$96,100
Hourly rate$53.90$46.20
Growth rate17%17%
Number of jobs110,31079,204
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 68%
Average age4646
Years of experience88

What does a manager, finance analysis do?

A financial analysis manager, mainly responsible for managing all financial-related activities for their organization, collects data related to financial performance and consolidates it into company reports. Typically, they manage the preparation and calculation of monthly, quarterly, and annual budgets. They interpret raw financial data with the help of the financial analyst leading the organization to reach financial decisions. They also analyze company allocated budgets for inconsistencies and accounting discrepancies. They also create financial models to accurately analyze possible business changes.

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.

Manager, finance analysis vs tax manager salary

Managers, finance analysis and tax managers have different pay scales, as shown below.

Manager, Finance AnalysisTax Manager
Average salary$112,110$96,100
Salary rangeBetween $83,000 And $150,000Between $70,000 And $131,000
Highest paying CitySeattle, WASan Francisco, CA
Highest paying stateWashingtonNew York
Best paying companySouthern California EdisonMeta
Best paying industryFinanceFinance

Differences between manager, finance analysis and tax manager education

There are a few differences between a manager, finance analysis and a tax manager in terms of educational background:

Manager, Finance AnalysisTax Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 68%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Manager, finance analysis vs tax manager demographics

Here are the differences between managers, finance analysis' and tax managers' demographics:

Manager, Finance AnalysisTax Manager
Average age4646
Gender ratioMale, 73.5% Female, 26.5%Male, 58.5% Female, 41.5%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.2% White, 63.4% 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 manager, finance analysis and tax manager duties and responsibilities

Manager, finance analysis example responsibilities.

  • Manage all treasury and cash management functions and report directly to the CFO.
  • Propose and manage the re-engineering of the ERP system to provide the necessary level of detail for global reporting.
  • Manage WLD department roll-up structure utilizing Hyperion.
  • Manage monthly closing process, including reconciliations and analysis of relate accounts.
  • Manage multiple subsidiary budgets, operation forecasting and ROI analysis on capital expenditure projects in the pipeline division.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
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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.
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Manager, finance analysis vs tax manager skills

Common manager, finance analysis skills
  • Financial Analysis, 19%
  • Hyperion, 5%
  • Portfolio, 4%
  • Financial Models, 4%
  • Financial Data, 3%
  • Product Line, 3%
Common tax manager skills
  • CPA, 16%
  • Client Relationships, 7%
  • Tax Planning, 6%
  • Tax Compliance, 5%
  • Taxation, 4%
  • Tax Research, 4%

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