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Medical accountant vs senior tax accountant

The differences between medical 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 medical accountant and a senior tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $43,023 average annual salary of a medical accountant.

The top three skills for a medical accountant include medical billing, reconciliations and patient accounts. The most important skills for a senior tax accountant are CPA, state income, and tax research.

Medical accountant vs senior tax accountant overview

Medical AccountantSenior Tax Accountant
Yearly salary$43,023$77,537
Hourly rate$20.68$37.28
Growth rate6%6%
Number of jobs79,48057,686
Job satisfaction--
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 74%
Average age4444
Years of experience44

Medical accountant vs senior tax accountant salary

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

Medical AccountantSenior Tax Accountant
Average salary$43,023$77,537
Salary rangeBetween $25,000 And $71,000Between $60,000 And $99,000
Highest paying CityNashua, NHWashington, DC
Highest paying stateNew YorkNew York
Best paying companyLifePoint HealthRiverbed Holdings, Inc.
Best paying industryHealth CareProfessional

Differences between medical accountant and senior tax accountant education

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

Medical AccountantSenior Tax Accountant
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Medical accountant vs senior tax accountant demographics

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

Medical AccountantSenior Tax Accountant
Average age4444
Gender ratioMale, 27.3% Female, 72.7%Male, 50.6% Female, 49.4%
Race ratioBlack or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.2% White, 63.7% 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 medical accountant and senior tax accountant duties and responsibilities

Medical accountant example responsibilities.

  • Maintain and order supplies, manage medical office, prepare office payroll.
  • Process all payroll deduction for employees that have outstanding balances including setting up new contracts and managing current deductions.
  • Post all EOB payments and adjustments.
  • File and forward secondary claims and process appeals.
  • Perform payment postings, deposit reconciliations, batch reviews, and adjustments.
  • Enter vendor invoices and cut checks on a bi-weekly basis using QuickBooks.
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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.
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Medical accountant vs senior tax accountant skills

Common medical accountant skills
  • Medical Billing, 21%
  • Reconciliations, 16%
  • Patient Accounts, 11%
  • EOB, 10%
  • Appeals, 10%
  • Financial Reports, 8%
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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