Portfolio assistant vs tax manager

The differences between portfolio assistants 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 portfolio assistant and a tax manager. Additionally, a portfolio assistant has an average salary of $106,690, which is higher than the $96,100 average annual salary of a tax manager.

The top three skills for a portfolio assistant include financial statements, portfolio management and fixed income. The most important skills for a tax manager are CPA, client relationships, and tax planning.

Portfolio assistant vs tax manager overview

	Portfolio Assistant	Tax Manager
Yearly salary	$106,690	$96,100
Hourly rate	$51.29	$46.20
Growth rate	17%	17%
Number of jobs	5,304	79,204
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 68%
Average age	46	46
Years of experience	8	8

Portfolio assistant vs tax manager salary

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

	Portfolio Assistant	Tax Manager
Average salary	$106,690	$96,100
Salary range	Between $57,000 And $197,000	Between $70,000 And $131,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	New York
Best paying company	-	Meta
Best paying industry	-	Finance

Differences between portfolio assistant and tax manager education

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

	Portfolio Assistant	Tax Manager
Most common degree	Bachelor's Degree, 79%	Bachelor's Degree, 68%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Southern California

Portfolio assistant vs tax manager demographics

Here are the differences between portfolio assistants' and tax managers' demographics:

	Portfolio Assistant	Tax Manager
Average age	46	46
Gender ratio	Male, 36.3% Female, 63.7%	Male, 58.5% Female, 41.5%
Race ratio	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.3% 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 Percentage	11%	11%

Differences between portfolio assistant and tax manager duties and responsibilities

Portfolio assistant example responsibilities.

Block trade domestic equities for international mutual fund as well as separately manage accounts.
Support trade confirmation and securities position reconciliation with custody.
Utilize Bloomberg to provide portfolio attribution analysis for a client presentation.
Analyze market conditions, macroeconomic trends, legislation affecting eligible securities, and other investments parameters.
Negotiate & administer service contracts, select contractors and suppliers, provide quality- control oversight and, implementation of cost-containment initiatives.
Deliver a global macro and fundamental factor analysis template to expand asset class management functionality to both style and sectors.

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.

Portfolio assistant vs tax manager skills

Common portfolio assistant skills

Financial Statements, 12%
Portfolio Management, 8%
Fixed Income, 7%
Securities, 7%
Equity Research, 5%
Equities, 5%

Common tax manager skills

CPA, 16%
Client Relationships, 7%
Tax Planning, 6%
Tax Compliance, 5%
Taxation, 4%
Tax Research, 4%