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The differences between senior tax managers and reporting managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a senior tax manager and a reporting manager. Additionally, a reporting manager has an average salary of $106,336, which is higher than the $92,363 average annual salary of a senior tax manager.
The top three skills for a senior tax manager include CPA, client relationships and taxation. The most important skills for a reporting manager are GAAP, internal controls, and external auditors.
| Senior Tax Manager | Reporting Manager | |
| Yearly salary | $92,363 | $106,336 |
| Hourly rate | $44.41 | $51.12 |
| Growth rate | 17% | 17% |
| Number of jobs | 65,323 | 67,631 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 74% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A senior tax manager is responsible for overseeing an organization's tax responsibilities and ensuring that the accounting processes adhere to the state regulations and local procedures. Senior tax managers evaluate tax documents and prepare tax returns timely and efficiently. They assess the accuracy of tax provisions and implement strategic methods to resolve taxation issues by conducting research on existing tax laws and obligations. A senior tax manager must have excellent communication and organizational skills, especially in coordinating with clients to inform them of their tax updates and completion.
The duties of a reporting manager depend on one's line of work or industry of employment. Typically, they perform clerical tasks such as producing progress reports and presentations, maintaining accurate records and documentation, updating databases, managing schedules, and performing regular inspections and site visits. There are also instances where one must respond to inquiries and concerns, report to supervisors, and coordinate with other department personnel. Furthermore, as a manager, it is essential to lead and encourage the team, all while implementing the company's policies and regulations.
Senior tax managers and reporting managers have different pay scales, as shown below.
| Senior Tax Manager | Reporting Manager | |
| Average salary | $92,363 | $106,336 |
| Salary range | Between $66,000 And $128,000 | Between $80,000 And $139,000 |
| Highest paying City | Washington, DC | Richmond, CA |
| Highest paying state | New Hampshire | Washington |
| Best paying company | Microsoft | Meta |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a senior tax manager and a reporting manager in terms of educational background:
| Senior Tax Manager | Reporting Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 74% |
| Most common major | Accounting | Accounting |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between senior tax managers' and reporting managers' demographics:
| Senior Tax Manager | Reporting Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 59.6% Female, 40.4% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |