Senior tax associates are tasked with assisting the accounting and finance departments. They help with processing tax requirements and analyzing documents for accurate completion of tax filings. Similarly, they help with the analysis of financial records and account statements. They resolve billing discrepancies and perform account reconciliations. Furthermore, they handle tax disputes to mitigate complications on tax systems. Additionally, they ensure clients comply with IRS regulations and meet necessary tax obligations. Moreover, they may advise clients on employee healthcare benefits, compensation, and accounting systems.
To become a senior tax associate, you need at least a bachelor's degree in taxation, accounting, or a related field. A CPA certification may be required. You must have a minimum of three years of experience in a similar role. You must possess communication, time management, analytical, and problem-solving skills. The average annual salary of a senior tax associate is $85,097 or $40.91 an hour. This ranges from $62,000 to $115,000.
There is more than meets the eye when it comes to being a senior tax associate. For example, did you know that they make an average of $40.91 an hour? That's $85,097 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 associates 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 analytical skills, communication skills and detail oriented.
If you're interested in becoming a senior tax associate, one of the first things to consider is how much education you need. We've determined that 64.0% of senior tax associates have a bachelor's degree. In terms of higher education levels, we found that 26.1% of senior tax associates have master's degrees. Even though most senior tax associates 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 associate. When we researched the most common majors for a senior tax associate, 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 associate resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a senior tax associate. In fact, many senior tax associate jobs require experience in a role such as tax associate. Meanwhile, many senior tax associates also have previous career experience in roles such as tax internship or staff accountant.