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Tax accountant vs senior tax accountant

The differences between tax accountants and senior tax accountants 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 tax accountant. Additionally, a senior tax accountant has an average salary of $77,537, 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 tax accountant are CPA, state income, and tax research.

Tax accountant vs senior tax accountant overview

Tax AccountantSenior Tax Accountant
Yearly salary$62,142$77,537
Hourly rate$29.88$37.28
Growth rate6%6%
Number of jobs57,91957,686
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 74%
Average age4444
Years of experience44

What does a tax accountant do?

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.

What does a senior tax accountant do?

Senior Tax Accountants recommend tax strategies, as well as assist the preparation of federal, state, and local taxes. They contact clients to resolve minor tax issues and work with the senior tax manager to ensure compliance with federal, state, and local tax legislation.

Tax accountant vs senior tax accountant salary

Tax accountants and senior tax accountants have different pay scales, as shown below.

Tax AccountantSenior Tax Accountant
Average salary$62,142$77,537
Salary rangeBetween $45,000 And $83,000Between $60,000 And $99,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkNew York
Best paying companyPacific Investment Management Company LLCRiverbed Holdings, Inc.
Best paying industryFinanceProfessional

Differences between tax accountant and senior tax accountant education

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

Tax AccountantSenior Tax Accountant
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Tax accountant vs senior tax accountant demographics

Here are the differences between tax accountants' and senior tax accountants' demographics:

Tax AccountantSenior Tax Accountant
Average age4444
Gender ratioMale, 47.3% Female, 52.7%Male, 50.6% Female, 49.4%
Race ratioBlack 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, 8.4% Unknown, 3.9% Hispanic or Latino, 10.7% Asian, 14.3% White, 62.3% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between tax accountant and senior tax accountant duties and responsibilities

Tax accountant example responsibilities.

  • Utilize QuickBooks to manage client data and prepare necessary financial statements.
  • Manage and prepare sales and use tax account reconciliations and property tax liability accounts and prepare corresponding journal entries.
  • Prepared/Review financial statements according to GAAP and propose adjusting entries for clients.
  • Prepare tax returns for corporations, partnerships, non-profit organizations and individuals.
  • Work with various accounting departments, with duties such as account reconciliations, customer service, and administrative/clerical positions.
  • SAP, ONESOURCE, YESWIN, and BSAEfiling
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Senior tax accountant example responsibilities.

  • Research technical topics in taxation to present to the tax department and clients on areas of concern in the IRS code.
  • Participate in monthly accounting close with preparation and ownership of tax accrual journal entries and reconciliations.
  • Help implement, and maintain federal and state tax provision information into OneSource.
  • Work with internal and external resources to ensure implementation of CCH software on shopping cart is successful.
  • Assist and review the maintenance of the OneSource database relative to coding & mapping of the trial balance.
  • Conduct research with CCH and RIA on tax exposures, savings, refund, recovery, and credits.
  • Show more

Tax accountant vs senior tax accountant skills

Common tax accountant skills
  • CPA, 9%
  • Tax Audits, 4%
  • Income Tax Returns, 4%
  • Tax Research, 4%
  • Reconciliations, 4%
  • Financial Statements, 4%
Common senior tax accountant skills
  • CPA, 14%
  • State Income, 5%
  • Tax Research, 5%
  • Income Tax Returns, 4%
  • Tax Planning, 4%
  • Tax Compliance, 4%

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