Post job

Senior revenue accountant vs tax accountant

The differences between senior revenue 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 senior revenue accountant and a tax accountant. Additionally, a senior revenue accountant has an average salary of $77,865, which is higher than the $62,142 average annual salary of a tax accountant.

The top three skills for a senior revenue accountant include reconciliations, ASC and GAAP. The most important skills for a tax accountant are CPA, tax audits, and income tax returns.

Senior revenue accountant vs tax accountant overview

Senior Revenue AccountantTax Accountant
Yearly salary$77,865$62,142
Hourly rate$37.44$29.88
Growth rate6%6%
Number of jobs35,72957,919
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 72%
Average age4444
Years of experience44

What does a senior revenue accountant do?

A senior revenue accountant is in charge of overseeing the financial revenues of a company, ensuring accuracy and transparency. They primarily coordinate and supervise the accounting team to ensure a smooth workflow and assist in other activities such as preparing revenue and expenditure reports. They must also monitor all financial progress, maintain records of all transactions, and process payments as needed. Furthermore, as a senior revenue accountant, it is essential to lead and encourage the team to reach goals, all while implementing the company's policies and regulations.

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.

Senior revenue accountant vs tax accountant salary

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

Senior Revenue AccountantTax Accountant
Average salary$77,865$62,142
Salary rangeBetween $56,000 And $106,000Between $45,000 And $83,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateNew JerseyNew York
Best paying companyDatabricksPacific Investment Management Company LLC
Best paying industryTechnologyFinance

Differences between senior revenue accountant and tax accountant education

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

Senior Revenue AccountantTax Accountant
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 72%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior revenue accountant vs tax accountant demographics

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

Senior Revenue AccountantTax Accountant
Average age4444
Gender ratioMale, 45.1% Female, 54.9%Male, 47.3% Female, 52.7%
Race ratioBlack or African American, 7.5% Unknown, 3.9% Hispanic or Latino, 9.8% Asian, 18.1% White, 60.3% American Indian and Alaska Native, 0.4%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 senior revenue accountant and tax accountant duties and responsibilities

Senior revenue accountant example responsibilities.

  • Manage accounts receivable including revenue recognition in accordance with GAAP, customer billing and collection activities.
  • Assist in the implementation of Deltek CostPoint.
  • Review customer contracts for revenue recognition issues and ensure proper revenue recognition in accordance with GAAP and FASB.
  • Perform monthly account reconciliations for all accounts assign and ensure proper presentation of account balance.
  • Invoice over 100 third party sponsors using PeopleSoft.
  • Assist in the improvement of current policies and procedures in connection with Sarbanes-Oxley requirements.
  • 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

Senior revenue accountant vs tax accountant skills

Common senior revenue accountant skills
  • Reconciliations, 12%
  • ASC, 11%
  • GAAP, 8%
  • Account Reconciliations, 6%
  • SOX, 4%
  • Internal Controls, 4%
Common tax accountant skills
  • CPA, 9%
  • Tax Audits, 4%
  • Income Tax Returns, 4%
  • Tax Research, 4%
  • Reconciliations, 4%
  • Financial Statements, 4%

Browse business and financial jobs