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Senior corporate accountant vs senior tax accountant

The differences between senior corporate 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 senior corporate accountant and a senior tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $73,008 average annual salary of a senior corporate accountant.

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

Senior corporate accountant vs senior tax accountant overview

Senior Corporate AccountantSenior Tax Accountant
Yearly salary$73,008$77,537
Hourly rate$35.10$37.28
Growth rate6%6%
Number of jobs57,89557,686
Job satisfaction--
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 74%
Average age4444
Years of experience44

What does a senior corporate accountant do?

A senior corporate accountant is responsible for reviewing financial transactions and account statements of an organization, reconciling accounts receivable, managing accounts payable, and resolving bank discrepancies. Senior corporate accountants handle clients' outstanding payments, allocate budget to the department heads, and identify business opportunities that would generate more revenue resources and minimize financial loss. They write accurate financial reports to discuss with the senior management, respond to the team's inquiries and concerns, and strategize to improve financial processes.

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.

Senior corporate accountant vs senior tax accountant salary

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

Senior Corporate AccountantSenior Tax Accountant
Average salary$73,008$77,537
Salary rangeBetween $57,000 And $92,000Between $60,000 And $99,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew YorkNew York
Best paying companyAmazonRiverbed Holdings, Inc.
Best paying industryConstructionProfessional

Differences between senior corporate accountant and senior tax accountant education

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

Senior Corporate AccountantSenior Tax Accountant
Most common degreeBachelor's Degree, 79%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Senior corporate accountant vs senior tax accountant demographics

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

Senior Corporate AccountantSenior Tax Accountant
Average age4444
Gender ratioMale, 46.2% Female, 53.8%Male, 50.6% Female, 49.4%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 14.1% White, 61.6% 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 senior corporate accountant and senior tax accountant duties and responsibilities

Senior corporate accountant example responsibilities.

  • Manage CAPEX and Hyperion reporting.
  • Manage Sarbanes-Oxley documentation and perform the related testing in accordance with policy.
  • Manage all treasury activity for corporate entities including daily cash management, monthly earn fee calculations, and property relate reimbursements.
  • Prepare documentation in support of financial statements for SOX regulations, internal and external auditors.
  • Initiate financial analysis, budgeting, management planning, capital expenditure monitoring, and revenue recognition according to GAAP.
  • Research and implement functionality within ERP system.
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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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Senior corporate accountant vs senior tax accountant skills

Common senior corporate accountant skills
  • Reconciliations, 13%
  • GAAP, 9%
  • SOX, 5%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Strong Analytical, 4%
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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