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Senior tax analyst vs accountant

The differences between senior tax analysts and 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 analyst and an accountant. Additionally, a senior tax analyst has an average salary of $79,029, which is higher than the $54,890 average annual salary of an accountant.

The top three skills for a senior tax analyst include ASC, state income and onesource. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Senior tax analyst vs accountant overview

Senior Tax AnalystAccountant
Yearly salary$79,029$54,890
Hourly rate$37.99$26.39
Growth rate6%6%
Number of jobs56,99660,073
Job satisfaction-3
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Average age4444
Years of experience44

What does a senior tax analyst do?

A senior tax analyst is responsible for reconciling tax accounts, preparing tax payment estimates for the state and federal income tax jurisdictions. Other tasks that you will perform include discussing inter-company accounting, conducting tax research using different tax databases, and preparing state and federal income tax returns. In addition, you will be responsible for maintaining client accounts, write-ups, and ledgers, reconciling bank statements, and researching, developing, and executing tax-efficient structure. As a senior tax analyst, you are also responsible for reviewing and analyzing tax withholdings.

What does an accountant do?

An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.

Senior tax analyst vs accountant salary

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

Senior Tax AnalystAccountant
Average salary$79,029$54,890
Salary rangeBetween $58,000 And $106,000Between $41,000 And $72,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateRhode IslandNew York
Best paying companyGoogleMeta
Best paying industryFinanceTechnology

Differences between senior tax analyst and accountant education

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

Senior Tax AnalystAccountant
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Senior tax analyst vs accountant demographics

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

Senior Tax AnalystAccountant
Average age4444
Gender ratioMale, 48.3% Female, 51.7%Male, 38.2% Female, 61.8%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 15.5% White, 60.8% American Indian and Alaska Native, 0.5%Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior tax analyst and accountant duties and responsibilities

Senior tax analyst example responsibilities.

  • Manage the production of retirement benefit checks, and ACH invoices.
  • Review various tax liability and reserve account reconciliations to ensure proper accounting treatment of tax collections and remittances.
  • Prepare sales/use tax reclassification journal entries for monthly closing and perform quarterly and annual sales/use tax accounts reconciliation for SOX control.
  • Used OneSource s/w for filing the tax returns.
  • Develop and generate ERP system reports, meeting standard reporting needs.
  • Improve: labor reporting, sales cycle, departments communication, A/R & A/P processing.
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Accountant example responsibilities.

  • Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
  • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
  • Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
  • Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.
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Senior tax analyst vs accountant skills

Common senior tax analyst skills
  • ASC, 6%
  • State Income, 5%
  • OneSource, 5%
  • Tax Compliance, 5%
  • Tax Research, 4%
  • Indirect Tax, 4%
Common accountant skills
  • Reconciliations, 14%
  • General Ledger Accounts, 6%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Payroll Tax Returns, 5%
  • Customer Service, 5%

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