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Regional accountant vs tax accountant

The differences between regional accountants and 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 regional accountant and a tax accountant. Additionally, a tax accountant has an average salary of $62,142, which is higher than the $61,848 average annual salary of a regional accountant.

The top three skills for a regional accountant include reconciliations, payroll and balance sheet accounts. The most important skills for a tax accountant are CPA, tax audits, and income tax returns.

Regional accountant vs tax accountant overview

Regional AccountantTax Accountant
Yearly salary$61,848$62,142
Hourly rate$29.73$29.88
Growth rate6%6%
Number of jobs56,40657,919
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 72%
Average age4444
Years of experience44

What does a regional accountant do?

Regional accountants work on the preparation of accounts and tax returns, payroll administration, and auditing financial information. They utilize financial statements, account reconciliations, and balance sheets to assist with their accounting work. Regional accountants must have good communication skills, be highly analytical, and take leadership over the accounts in their assigned region.

What does a tax accountant do?

A tax accountant is an individual who works with clients to produce tax return documents that follow tax laws and regulations while keeping them updated on their return information. Tax accountants must determine tax strategies for their clients that may minimize or eliminate tax payments while arranging audits with taxation authorities. They prepare tax documents for different clients, including private companies, non-profit organizations, and private individuals. Tax accountants are also required to obtain a bachelor's degree in accounting and should understand business concepts.

Regional accountant vs tax accountant salary

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

Regional AccountantTax Accountant
Average salary$61,848$62,142
Salary rangeBetween $47,000 And $79,000Between $45,000 And $83,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Pacific Investment Management Company LLC
Best paying industry-Finance

Differences between regional accountant and tax accountant education

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

Regional AccountantTax Accountant
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 72%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Regional accountant vs tax accountant demographics

Here are the differences between regional accountants' and tax accountants' demographics:

Regional AccountantTax Accountant
Average age4444
Gender ratioMale, 42.0% Female, 58.0%Male, 47.3% Female, 52.7%
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, 8.2% Unknown, 3.9% Hispanic or Latino, 10.5% Asian, 15.5% White, 61.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between regional accountant and tax accountant duties and responsibilities

Regional accountant example responsibilities.

  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • General accounting functions include G/L, A/P, A/R, accruals & allocations, reconcile accounts, & G/L monthly close.
  • Compile and analyze financial information such as balance sheet account reconciliations, variance, revenue and expense analysis.
  • Analyze financial statements to identify, evaluate and correct financial issues, including preparation of detail account reconciliations.
  • Prepare monthly journal entries in accordance with GAAP including moderate to complex supporting calculations.
  • Verify that all GAAP accounting principal relative to the department operations have been correctly follow.
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Tax accountant example responsibilities.

  • Utilize QuickBooks to manage client data and prepare necessary financial statements.
  • Manage and prepare sales and use tax account reconciliations and property tax liability accounts and prepare corresponding journal entries.
  • Prepared/Review financial statements according to GAAP and propose adjusting entries for clients.
  • Prepare tax returns for corporations, partnerships, non-profit organizations and individuals.
  • Work with various accounting departments, with duties such as account reconciliations, customer service, and administrative/clerical positions.
  • SAP, ONESOURCE, YESWIN, and BSAEfiling
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Regional accountant vs tax accountant skills

Common regional accountant skills
  • Reconciliations, 15%
  • Payroll, 6%
  • Balance Sheet Accounts, 6%
  • Account Reconciliations, 5%
  • GAAP, 5%
  • General Ledger Accounts, 5%
Common tax accountant skills
  • CPA, 9%
  • Tax Audits, 4%
  • Income Tax Returns, 4%
  • Tax Research, 4%
  • Reconciliations, 4%
  • Financial Statements, 4%

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