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Senior tax accountant vs fixed asset accountant

The differences between senior tax accountants and fixed asset 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 tax accountant and a fixed asset accountant. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $59,691 average annual salary of a fixed asset accountant.

The top three skills for a senior tax accountant include CPA, state income and tax research. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Senior tax accountant vs fixed asset accountant overview

Senior Tax AccountantFixed Asset Accountant
Yearly salary$77,537$59,691
Hourly rate$37.28$28.70
Growth rate6%6%
Number of jobs57,68642,860
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 77%
Average age4444
Years of experience44

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.

What does a fixed asset accountant do?

A fixed asset accountant is responsible for processing statement reports for the company's assets, organizing account records, and handling bank reconciliations and disputes. Fixed asset accountants must have excellent knowledge of the accounting principles to determine and track the assets dispositions in various accounting systems for reference. They also ensure the accurate balance and calculate the value of all fixed assets for reports. A fixed asset accountant should be highly analytical to measure asset obligations and provide recommendations for asset acquisition.

Senior tax accountant vs fixed asset accountant salary

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

Senior Tax AccountantFixed Asset Accountant
Average salary$77,537$59,691
Salary rangeBetween $60,000 And $99,000Between $46,000 And $76,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateNew YorkNew York
Best paying companyRiverbed Holdings, Inc.Apple
Best paying industryProfessionalEnergy

Differences between senior tax accountant and fixed asset accountant education

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

Senior Tax AccountantFixed Asset Accountant
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Senior tax accountant vs fixed asset accountant demographics

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

Senior Tax AccountantFixed Asset Accountant
Average age4444
Gender ratioMale, 50.6% Female, 49.4%Male, 43.8% Female, 56.2%
Race ratioBlack 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%Black or African American, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior tax accountant and fixed asset accountant duties and responsibilities

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.
  • Show more

Fixed asset accountant example responsibilities.

  • Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Monitor purchase orders and calculate month-end accruals.
  • Support internal and external audit requirements and verify SOX documentation.
  • Calculate and reconcile deferred rent liability accruals for office leases.
  • Set up a consolidate and centralize SOX depository for require documentation.
  • Show more

Senior tax accountant vs fixed asset accountant skills

Common senior tax accountant skills
  • CPA, 14%
  • State Income, 5%
  • Tax Research, 5%
  • Income Tax Returns, 4%
  • Tax Planning, 4%
  • Tax Compliance, 4%
Common fixed asset accountant skills
  • Fixed Assets, 16%
  • Reconciliations, 8%
  • Asset System, 6%
  • GAAP, 5%
  • Financial Statements, 4%
  • Account Reconciliations, 4%

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