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Senior tax associate vs tax consultant

The differences between senior tax associates and tax consultants 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 $66,737 average annual salary of a tax consultant.

The top three skills for a senior tax associate include CPA, tax compliance and client relationships. The most important skills for a tax consultant are CPA, tax planning, and tax issues.

Senior tax associate vs tax consultant overview

Senior Tax AssociateTax Consultant
Yearly salary$91,872$66,737
Hourly rate$44.17$32.09
Growth rate6%6%
Number of jobs28,33939,379
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 63%
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 consultant do?

Tax consultants are experts in providing commercially centered tax advice and tax services to wide-ranging clients who function in all sectors of the economy. The work they do involves devising tax-efficient strategies for international and domestic-based clients in various business situations, including takeovers, company merges, and corporate reconstructions. They work continually to help clients ensure that the best business decisions are met. They also monitor and get ahead of possible changes concerning tax legislation and responding fast with guidance specific to their clients' tax requirements.

Senior tax associate vs tax consultant salary

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

Senior Tax AssociateTax Consultant
Average salary$91,872$66,737
Salary rangeBetween $66,000 And $126,000Between $47,000 And $93,000
Highest paying CityWashington, DCHartford, CT
Highest paying stateNew YorkRhode Island
Best paying companyLord AbbettCargill
Best paying industryFinanceFinance

Differences between senior tax associate and tax consultant education

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

Senior Tax AssociateTax Consultant
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 63%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Senior tax associate vs tax consultant demographics

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

Senior Tax AssociateTax Consultant
Average age4447
Gender ratioMale, 49.7% Female, 50.3%Male, 52.7% Female, 47.3%
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, 10.5% Unknown, 4.1% Hispanic or Latino, 17.0% Asian, 10.4% White, 57.6% American Indian and Alaska Native, 0.6%
LGBT Percentage7%8%

Differences between senior tax associate and tax consultant 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.
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Tax consultant example responsibilities.

  • Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
  • Maintain and generate the process of structuring and conducting business transactions to ensure that GAAP procedures are followed.
  • Develop, maintain, and ensure accounting policies and procedures are in accordance with company member agreements & GAAP.
  • Prepare returns and consult on tax and accounting issues for own clients as well as contract work for other CPA firms.
  • Work closely with CPA on data verification and documentations processing.
  • Save customers thousands of dollars on Mexico-U.S. cross-border taxation advisory.
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Senior tax associate vs tax consultant skills

Common senior tax associate skills
  • CPA, 24%
  • Tax Compliance, 12%
  • Client Relationships, 5%
  • Taxation, 4%
  • FAS, 4%
  • Tax Planning, 3%
Common tax consultant skills
  • CPA, 13%
  • Tax Planning, 7%
  • Tax Issues, 6%
  • Taxation, 6%
  • Tax Research, 5%
  • Income Tax Returns, 5%

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