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Senior tax associate vs tax advisor

The differences between senior tax associates and tax advisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior tax associate has an average salary of $91,872, which is higher than the $58,252 average annual salary of a tax advisor.

The top three skills for a senior tax associate include CPA, tax compliance and client relationships. The most important skills for a tax advisor are local tax returns, reconciliations, and customer service.

Senior tax associate vs tax advisor overview

Senior Tax AssociateTax Advisor
Yearly salary$91,872$58,252
Hourly rate$44.17$28.01
Growth rate6%-
Number of jobs28,33976,710
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 54%
Average age4447
Years of experience4-

What does a senior tax associate do?

A senior tax associate is responsible for assisting the accounting and finance department in processing tax requirements and analyzing documents for accurate completion of tax filings. Senior tax associates also support the analysis of financial transactions and account statements, resolving billing discrepancies, and performing account reconciliations. They handle tax disputes immediately to mitigate complications on tax systems and coordinate with the management and clients for the updates. A senior tax associate must have excellent analytical skills, as well as extensive knowledge of the financial and taxation industry.

What does a tax advisor do?

Tax Advisors are responsible for providing tax advice to clients in the area of tax legislation and tax obligations. Their duties include researching tax legislation, gathering client information, submitting tax returns, liaising with internal revenue service representing clients, and developing tax strategies. They are responsible for performing tax computations, forming family trusts, undertaking estate planning as well as consulting on matters regarding domicile and tax residence. Tax Advisors also give advice related to indirect taxation and prepare reports.

Senior tax associate vs tax advisor salary

Senior tax associates and tax advisors have different pay scales, as shown below.

Senior Tax AssociateTax Advisor
Average salary$91,872$58,252
Salary rangeBetween $66,000 And $126,000Between $29,000 And $116,000
Highest paying CityWashington, DCCumberland, RI
Highest paying stateNew YorkNew Hampshire
Best paying companyLord AbbettDLA Piper
Best paying industryFinanceEnergy

Differences between senior tax associate and tax advisor education

There are a few differences between a senior tax associate and a tax advisor in terms of educational background:

Senior Tax AssociateTax Advisor
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 54%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Senior tax associate vs tax advisor demographics

Here are the differences between senior tax associates' and tax advisors' demographics:

Senior Tax AssociateTax Advisor
Average age4447
Gender ratioMale, 49.7% Female, 50.3%Male, 36.6% Female, 63.4%
Race ratioBlack or African American, 7.8% Unknown, 3.9% Hispanic or Latino, 10.1% Asian, 17.8% White, 60.0% American Indian and Alaska Native, 0.5%Black or African American, 9.7% Unknown, 4.0% Hispanic or Latino, 17.6% Asian, 10.1% White, 58.0% American Indian and Alaska Native, 0.6%
LGBT Percentage7%8%

Differences between senior tax associate and tax advisor duties and responsibilities

Senior tax associate example responsibilities.

  • Prepare and review tax exempt-bond arbitrage rebate calculations; communicate findings to managing director and clients.
  • Identify book-tax differences to reconcile GAAP basis income to tax basis income.
  • Prepare and audit year-end/quarterly provision for public and private companies (ASC [].
  • Maintain tax and GAAP capital accounts for investors and respond to limit partner requests when necessary.
  • Assist in the booking of in-transit, and audit invoices, to ensure sales tax bill accurately.
  • Register all new DG store locations for sales and use tax with the appropriate jurisdiction within each assign state.
  • Show more

Tax advisor example responsibilities.

  • Manage a staff of six for all aspects of tax compliance, tax accounting, research, planning and IRS audits.
  • Provide payroll processing, invoicing and tax support services for small consulting business using QuickBooks software.
  • Assist customers with IRS correspondence/notices.
  • Advise companies on international taxation law and bilateral taxation recognition regimes to identify most cost effective strategies.
  • Review domestic payroll reporting metrics, ensure home/host payments are updated and reconcile for timely submission and payment.
  • Start job by assisting TurboTax user's on how to enter information into the TurboTax program.

Senior tax associate vs tax advisor skills

Common senior tax associate skills
  • CPA, 24%
  • Tax Compliance, 12%
  • Client Relationships, 5%
  • Taxation, 4%
  • FAS, 4%
  • Tax Planning, 3%
Common tax advisor skills
  • Local Tax Returns, 8%
  • Reconciliations, 7%
  • Customer Service, 7%
  • IRS, 7%
  • Income Statement, 6%
  • Individual Tax Returns, 6%

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