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Reporting specialist vs tax accountant

The differences between reporting specialists 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 reporting specialist and a tax accountant. Additionally, a tax accountant has an average salary of $62,142, which is higher than the $56,129 average annual salary of a reporting specialist.

The top three skills for a reporting specialist include customer service, data analysis and powerpoint. The most important skills for a tax accountant are CPA, tax audits, and income tax returns.

Reporting specialist vs tax accountant overview

Reporting SpecialistTax Accountant
Yearly salary$56,129$62,142
Hourly rate$26.99$29.88
Growth rate6%6%
Number of jobs50,54357,919
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 72%
Average age4444
Years of experience44

What does a reporting specialist do?

A reporting specialist, also known as a marketing analyst, is an individual who is responsible for examining the current trends and marketing conditions for an organization. Reporting specialists are required to gather information about their potential customers, business competitors, and economic conditions. They examine databases and new reports as well as initiate questionnaires and opinion polls with the help of survey researchers. Reporting specialists must also present the information they gather to the management of the organization.

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.

Reporting specialist vs tax accountant salary

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

Reporting SpecialistTax Accountant
Average salary$56,129$62,142
Salary rangeBetween $39,000 And $80,000Between $45,000 And $83,000
Highest paying CitySan Jose, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyCitiPacific Investment Management Company LLC
Best paying industryFinanceFinance

Differences between reporting specialist and tax accountant education

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

Reporting SpecialistTax Accountant
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 72%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Reporting specialist vs tax accountant demographics

Here are the differences between reporting specialists' and tax accountants' demographics:

Reporting SpecialistTax Accountant
Average age4444
Gender ratioMale, 42.1% Female, 57.9%Male, 47.3% Female, 52.7%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.5% 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 reporting specialist and tax accountant duties and responsibilities

Reporting specialist example responsibilities.

  • Manage risks and ensure compliance with SOX controls relate to selection and contracting of suppliers.
  • Manage coordination, implementation and installation of next generation telemarketing system, an nt-base, client server environment.
  • Create VBA macros to streamline existing reporting processes.
  • Assist with developing and updating VBA code as necessary.
  • Analyze operating reports with Cognos, VendorScape and DRI.
  • Promote current HIPAA compliance beyond the minimum legally mandate.
  • Show more

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
  • Show more

Reporting specialist vs tax accountant skills

Common reporting specialist skills
  • Customer Service, 10%
  • Data Analysis, 8%
  • PowerPoint, 6%
  • BI, 5%
  • QA, 5%
  • SME, 4%
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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