Everyone, absolutely everyone, is stressed when it comes to paying taxes. Whether you are a single person or a large corporate conglomerate, meeting our tax obligations is an activity few people appreciate. However, some individuals and companies have an ace up their sleeve: the advice of a Senior Tax Analyst.
The Senior Tax Analyst is in charge of studying the tax regulations applied to a business or individual in order to plan the best payment strategy, avoiding making mistakes that may be sanctioned, and at the same time taking advantage of the possible exceptions that exist in the law. There are always some shortcuts you can use. Like any senior position, these analysts will have some acolytes who will help them in their usual tasks in exchange for some tricks and secrets in the world of taxes.
If you have a bachelor's degree in accounting or finance, you can apply for the position of Senior Tax Analyst. To have more options to get the job, a master's degree is very favorable. And, of course, you also need around five years of work experience handling taxes and proven agility with numbers. This career has enormous growth expectations as well as a good salary, which is around $80,000 a year.
There is more than meets the eye when it comes to being a senior tax analyst. For example, did you know that they make an average of $36.85 an hour? That's $76,650 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.
There are certain skills that many senior tax analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, math skills and analytical skills.
If you're interested in becoming a senior tax analyst, one of the first things to consider is how much education you need. We've determined that 67.3% of senior tax analysts have a bachelor's degree. In terms of higher education levels, we found that 23.0% of senior tax analysts have master's degrees. Even though most senior tax analysts have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a senior tax analyst. When we researched the most common majors for a senior tax analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on senior tax analyst resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a senior tax analyst. In fact, many senior tax analyst jobs require experience in a role such as tax accountant. Meanwhile, many senior tax analysts also have previous career experience in roles such as tax analyst or senior tax accountant.