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Procurement accountant vs senior tax accountant

The differences between procurement 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 procurement accountant and a senior tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $68,944 average annual salary of a procurement accountant.

The top three skills for a procurement accountant include GAAP, balance sheet accounts and accruals. The most important skills for a senior tax accountant are CPA, state income, and tax research.

Procurement accountant vs senior tax accountant overview

Procurement AccountantSenior Tax Accountant
Yearly salary$68,944$77,537
Hourly rate$33.15$37.28
Growth rate6%6%
Number of jobs36,26757,686
Job satisfaction--
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 74%
Average age4444
Years of experience44

Procurement accountant vs senior tax accountant salary

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

Procurement AccountantSenior Tax Accountant
Average salary$68,944$77,537
Salary rangeBetween $46,000 And $102,000Between $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 procurement accountant and senior tax accountant education

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

Procurement AccountantSenior Tax Accountant
Most common degreeBachelor's Degree, 81%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Procurement accountant vs senior tax accountant demographics

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

Procurement AccountantSenior Tax Accountant
Average age4444
Gender ratioMale, 57.7% Female, 42.3%Male, 50.6% Female, 49.4%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 63.9% 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 procurement accountant and senior tax accountant duties and responsibilities

Procurement accountant example responsibilities.

  • Manage month end close process including journal entries, departmental analysis and preparation of consolidate financial statements and account reconciliations.
  • Develop procedures for GAAP solutions in accordance with SOX, segregation of duties.
  • Code invoices to appropriate GL accounts.
  • Budget vendor accruals for the next fiscal year on a vendor, product and program level.
  • Reconcile purchase contract log balances with the SUNY on-line payment system to verify accuracy of balances.
  • Maintain the MarrStar database to ensure accuracy and timely availability of information for properties to provide transparency for SOX.
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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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Procurement accountant vs senior tax accountant skills

Common procurement accountant skills
  • GAAP, 42%
  • Balance Sheet Accounts, 38%
  • Accruals, 20%
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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