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Senior relationship manager vs tax manager

The differences between senior relationship managers and tax managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a senior relationship manager and a tax manager. Additionally, a senior relationship manager has an average salary of $112,626, which is higher than the $96,100 average annual salary of a tax manager.

The top three skills for a senior relationship manager include business development, financial services and financial statements. The most important skills for a tax manager are CPA, client relationships, and tax planning.

Senior relationship manager vs tax manager overview

Senior Relationship ManagerTax Manager
Yearly salary$112,626$96,100
Hourly rate$54.15$46.20
Growth rate17%17%
Number of jobs55,25979,204
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 68%
Average age4646
Years of experience88

What does a senior relationship manager do?

A senior relationship manager is responsible for handling clients and customer relationships, ensuring that the team provides the highest quality service for the customers to maintain the company's excellent reputation and operational efficiency. Senior relationship managers analyze current market trends to identify business opportunities that meet the clients' demands and public interests, generating resources for revenues, and increasing the company's profitability. They also assist the marketing and sales team in developing promotional strategies for brand awareness to attract potential clients and create business partnerships.

What does a tax manager do?

A Tax Manager is responsible for managing tax reporting and compliance within an organization. They provide innovative tax planning and prepare state and federal tax returns for companies.

Senior relationship manager vs tax manager salary

Senior relationship managers and tax managers have different pay scales, as shown below.

Senior Relationship ManagerTax Manager
Average salary$112,626$96,100
Salary rangeBetween $78,000 And $161,000Between $70,000 And $131,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew YorkNew York
Best paying companyBloombergMeta
Best paying industryFinanceFinance

Differences between senior relationship manager and tax manager education

There are a few differences between a senior relationship manager and a tax manager in terms of educational background:

Senior Relationship ManagerTax Manager
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 68%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Senior relationship manager vs tax manager demographics

Here are the differences between senior relationship managers' and tax managers' demographics:

Senior Relationship ManagerTax Manager
Average age4646
Gender ratioMale, 64.4% Female, 35.6%Male, 58.5% Female, 41.5%
Race ratioBlack or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between senior relationship manager and tax manager duties and responsibilities

Senior relationship manager example responsibilities.

  • Manage 350 mid-market corporate accounts in healthcare, government and commercial industries nationwide with annual sales of $5M dollars.
  • Lead successful effort to establish first large-scale U.S. corporate treasury management relationship.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Coordinate and direct cross sell opportunities with relate business lines including treasury management, leasing, capital markets and investment services.
  • Provide thought leadership and client services in CRM to support $150MM revenue growth with clients.
  • Charge with handling client retention, client satisfaction, relationship profitability and identifying cross-selling opportunities.
  • Show more

Tax manager example responsibilities.

  • Test and learned to analyze accounting processes managing SOX testing including accumulating documentation and reviewing other testers work.
  • Perform tax provision review to ensure compliance with ASC 740 and ASC 740-10 for public trade companies and private companies.
  • Pull data and work with Hyperion.
  • Used Lexis Nexis, RIA, and CCH to research multiple tax projects.
  • Prepare and review ASC 740 tax balances for the company s fifteen largest foreign subsidiaries.
  • Calculate, prepare and submit quarterly estimate payments without need for review from third party CPA.
  • Show more

Senior relationship manager vs tax manager skills

Common senior relationship manager skills
  • Business Development, 7%
  • Financial Services, 6%
  • Financial Statements, 6%
  • Cross-Selling, 6%
  • SR, 6%
  • Relationship Management, 4%
Common tax manager skills
  • CPA, 16%
  • Client Relationships, 7%
  • Tax Planning, 6%
  • Tax Compliance, 5%
  • Taxation, 4%
  • Tax Research, 4%

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