Post job

Senior tax analyst vs accounting analyst

The differences between senior tax analysts and accounting analysts 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 accounting analyst. Additionally, a senior tax analyst has an average salary of $79,029, which is higher than the $58,399 average annual salary of an accounting analyst.

The top three skills for a senior tax analyst include ASC, state income and onesource. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.

Senior tax analyst vs accounting analyst overview

Senior Tax AnalystAccounting Analyst
Yearly salary$79,029$58,399
Hourly rate$37.99$28.08
Growth rate6%6%
Number of jobs56,99681,097
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 74%
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 accounting analyst do?

An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.

Senior tax analyst vs accounting analyst salary

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

Senior Tax AnalystAccounting Analyst
Average salary$79,029$58,399
Salary rangeBetween $58,000 And $106,000Between $42,000 And $79,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateRhode IslandNew York
Best paying companyGoogleGoogle
Best paying industryFinanceFinance

Differences between senior tax analyst and accounting analyst education

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

Senior Tax AnalystAccounting Analyst
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Senior tax analyst vs accounting analyst demographics

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

Senior Tax AnalystAccounting Analyst
Average age4444
Gender ratioMale, 48.3% Female, 51.7%Male, 41.6% Female, 58.4%
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, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior tax analyst and accounting analyst 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.
  • Show more

Accounting analyst example responsibilities.

  • Manage and process all ACH, EFT and wire transfer transactions daily (debit or credits).
  • Manage reconciling monthly discrepancies between ERP transfers.
  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
  • Maintain accounting controls by following GAAP and internal accounting policies; maintain financial security by following internal controls.
  • Review and approve monthly general ledger and bank account reconciliations for special condition accounts to ensure procedural consistency and compliance.
  • Show more

Senior tax analyst vs accounting analyst skills

Common senior tax analyst skills
  • ASC, 6%
  • State Income, 5%
  • OneSource, 5%
  • Tax Compliance, 5%
  • Tax Research, 4%
  • Indirect Tax, 4%
Common accounting analyst skills
  • Reconciliations, 12%
  • Customer Service, 7%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Strong Analytical, 4%
  • Payroll, 4%

Browse business and financial jobs