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The differences between project 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 project accountant and a senior tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $60,467 average annual salary of a project accountant.
The top three skills for a project accountant include reconciliations, project management and contract terms. The most important skills for a senior tax accountant are CPA, state income, and tax research.
| Project Accountant | Senior Tax Accountant | |
| Yearly salary | $60,467 | $77,537 |
| Hourly rate | $29.07 | $37.28 |
| Growth rate | 6% | 6% |
| Number of jobs | 43,672 | 57,686 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A project accountant is primarily in charge of overseeing the budget and expenditures allocated for various projects within a company. Their responsibilities revolve around reviewing financial data and work plans, managing billing and financial reports, monitoring the flow of revenue, filing purchase orders and invoices, and processing payments to subcontractors, suppliers, and more. It is also vital to coordinate with all managing personnel to prepare necessary reports such as costs and taxes. Furthermore, it is essential to maintain data and records of all transactions, all while implementing the company's policies and regulations.
Senior Tax Accountants recommend tax strategies, as well as assist the preparation of federal, state, and local taxes. They contact clients to resolve minor tax issues and work with the senior tax manager to ensure compliance with federal, state, and local tax legislation.
Project accountants and senior tax accountants have different pay scales, as shown below.
| Project Accountant | Senior Tax Accountant | |
| Average salary | $60,467 | $77,537 |
| Salary range | Between $46,000 And $79,000 | Between $60,000 And $99,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New Jersey | New York |
| Best paying company | Perficient | Riverbed Holdings, Inc. |
| Best paying industry | Professional | Professional |
There are a few differences between a project accountant and a senior tax accountant in terms of educational background:
| Project Accountant | Senior Tax Accountant | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between project accountants' and senior tax accountants' demographics:
| Project Accountant | Senior Tax Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 36.8% Female, 63.2% | Male, 50.6% Female, 49.4% |
| Race ratio | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.3% White, 63.5% 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 Percentage | 7% | 7% |