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The differences between tax accountants and senior accountant analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a tax accountant and a senior accountant analyst. Additionally, a senior accountant analyst has an average salary of $75,282, which is higher than the $62,142 average annual salary of a tax accountant.
The top three skills for a tax accountant include CPA, tax audits and income tax returns. The most important skills for a senior accountant analyst are reconciliations, external auditors, and account reconciliations.
| Tax Accountant | Senior Accountant Analyst | |
| Yearly salary | $62,142 | $75,282 |
| Hourly rate | $29.88 | $36.19 |
| Growth rate | 6% | 6% |
| Number of jobs | 57,919 | 82,010 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 75% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A tax accountant is an individual who works with clients to produce tax return documents that follow tax laws and regulations while keeping them updated on their return information. Tax accountants must determine tax strategies for their clients that may minimize or eliminate tax payments while arranging audits with taxation authorities. They prepare tax documents for different clients, including private companies, non-profit organizations, and private individuals. Tax accountants are also required to obtain a bachelor's degree in accounting and should understand business concepts.
As a senior accountant analyst, your main role is to provide professional guidance to a company. You need to have excellent preparation skills to create financial reports that clearly state the expenses and forecast the company's financial future. You should always aim for accuracy and compliance. Moreover, as a senior accountant analyst, you are supposed to give general operational assistance to the company's management.
Tax accountants and senior accountant analysts have different pay scales, as shown below.
| Tax Accountant | Senior Accountant Analyst | |
| Average salary | $62,142 | $75,282 |
| Salary range | Between $45,000 And $83,000 | Between $58,000 And $97,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | Pacific Investment Management Company LLC | BMO Capital Markets |
| Best paying industry | Finance | Finance |
There are a few differences between a tax accountant and a senior accountant analyst in terms of educational background:
| Tax Accountant | Senior Accountant Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 75% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between tax accountants' and senior accountant analysts' demographics:
| Tax Accountant | Senior Accountant Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 47.3% Female, 52.7% | Male, 49.4% Female, 50.6% |
| Race ratio | Black or African American, 8.2% Unknown, 3.9% Hispanic or Latino, 10.5% Asian, 15.5% White, 61.4% American Indian and Alaska Native, 0.5% | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.1% White, 62.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |