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Revenue accountant vs senior tax accountant

The differences between revenue 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 revenue accountant and a senior tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $66,015 average annual salary of a revenue accountant.

The top three skills for a revenue accountant include reconciliations, GAAP and pivot tables. The most important skills for a senior tax accountant are CPA, state income, and tax research.

Revenue accountant vs senior tax accountant overview

Revenue AccountantSenior Tax Accountant
Yearly salary$66,015$77,537
Hourly rate$31.74$37.28
Growth rate6%6%
Number of jobs39,87457,686
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 74%
Average age4444
Years of experience44

What does a revenue accountant do?

A revenue accountant is responsible for monitoring clients' payments, tracking financial transactions, and resolving billing discrepancies and reconciliations. Revenue accountants release invoices and collect payments from outstanding debts. They also identify business opportunities and client partnerships to generate more revenue resources and increase the company's profitability, keeping efficient and safe storage of all account information in the database. A revenue accountant writes comprehensive reports for management's reference, requiring them to have excellent communication skills and accounting principles knowledge.

What does a senior tax accountant do?

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.

Revenue accountant vs senior tax accountant salary

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

Revenue AccountantSenior Tax Accountant
Average salary$66,015$77,537
Salary rangeBetween $48,000 And $89,000Between $60,000 And $99,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew JerseyNew York
Best paying companyGoogleRiverbed Holdings, Inc.
Best paying industryTechnologyProfessional

Differences between revenue accountant and senior tax accountant education

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

Revenue AccountantSenior Tax Accountant
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Revenue accountant vs senior tax accountant demographics

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

Revenue AccountantSenior Tax Accountant
Average age4444
Gender ratioMale, 40.0% Female, 60.0%Male, 50.6% Female, 49.4%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 14.5% White, 61.7% 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 revenue accountant and senior tax accountant duties and responsibilities

Revenue accountant example responsibilities.

  • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
  • Upload project statements of work and changes in scope into ERP system, ensuring accurate invoicing and revenue recognition.
  • Execute and maintain supporting documentation for SOX internal controls
  • Provide GAAP considerations for complex revenue transactions including audit documentation.
  • General accounting functions, including adjusting journal entries, reconciliations of global accounts including defer revenue and accruals.
  • Prepare monthly journal entries and balance sheet reconciliations for numerous domestic and international revenue accounts using foreign exchange rates.
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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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Revenue accountant vs senior tax accountant skills

Common revenue accountant skills
  • Reconciliations, 18%
  • GAAP, 10%
  • Pivot Tables, 5%
  • Financial Statements, 5%
  • SOX, 5%
  • Accruals, 5%
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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