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Senior tax analyst vs senior accountant

The differences between senior tax analysts and senior 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 a senior accountant. Additionally, a senior tax analyst has an average salary of $79,029, which is higher than the $71,967 average annual salary of a senior accountant.

The top three skills for a senior tax analyst include ASC, state income and onesource. The most important skills for a senior accountant are reconciliations, CPA, and GAAP.

Senior tax analyst vs senior accountant overview

Senior Tax AnalystSenior Accountant
Yearly salary$79,029$71,967
Hourly rate$37.99$34.60
Growth rate6%6%
Number of jobs56,99676,816
Job satisfaction-4
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 78%
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 a senior accountant do?

A senior accountant is responsible for organizing financial reports, analyzing cost estimates, reviewing budget goals regularly, and making adjustments with the company's account statements as necessary. Senior accountants' duties also include managing account reconciliations, preparing tax documents, maintaining audit records and balance sheets, generating invoices, and providing recommendations to minimize possible financial loss. A senior accountant must have excellent analytical and critical-thinking skills and extensive knowledge of accounting and financial principles.

Senior tax analyst vs senior accountant salary

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

Senior Tax AnalystSenior Accountant
Average salary$79,029$71,967
Salary rangeBetween $58,000 And $106,000Between $55,000 And $92,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateRhode IslandNew York
Best paying companyGoogleGoogle
Best paying industryFinanceFinance

Differences between senior tax analyst and senior accountant education

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

Senior Tax AnalystSenior Accountant
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 78%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Senior tax analyst vs senior accountant demographics

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

Senior Tax AnalystSenior Accountant
Average age4444
Gender ratioMale, 48.3% Female, 51.7%Male, 46.9% Female, 53.1%
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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.5% White, 61.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between senior tax analyst and senior 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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Senior accountant example responsibilities.

  • Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Manage the review, enhancement, and creation of department policy and procedure documentation require for Sarbanes-Oxley auditing and compliance.
  • Compile and analyze financial information to prepare monthly accruals, payroll journal, general journal and bank reconciliations.
  • Research and develop policies around Medicaid and Medicare billings and prepare Medicaid cost reports.
  • Coordinate submissions of financial data from regional divisions and prepare the consolidated company financial statement using Hyperion program.
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Senior tax analyst vs senior accountant skills

Common senior tax analyst skills
  • ASC, 6%
  • State Income, 5%
  • OneSource, 5%
  • Tax Compliance, 5%
  • Tax Research, 4%
  • Indirect Tax, 4%
Common senior accountant skills
  • Reconciliations, 13%
  • CPA, 8%
  • GAAP, 7%
  • External Auditors, 4%
  • Internal Controls, 4%
  • Payroll, 4%

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