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Tax analyst vs senior accountant analyst

The differences between tax analysts and senior accountant analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a tax analyst, becoming a senior accountant analyst takes usually requires 2-4 years. Additionally, a senior accountant analyst has an average salary of $75,282, which is higher than the $61,745 average annual salary of a tax analyst.

The top three skills for a tax analyst include tax audits, reconciliations and tax compliance. The most important skills for a senior accountant analyst are reconciliations, external auditors, and account reconciliations.

Tax analyst vs senior accountant analyst overview

Tax AnalystSenior Accountant Analyst
Yearly salary$61,745$75,282
Hourly rate$29.69$36.19
Growth rate-7%6%
Number of jobs56,22382,010
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 75%
Average age4844
Years of experience24

What does a tax analyst do?

A tax analyst specializes in managing and filing tax forms and tax returns, all while devising strategies to reduce tax payments legally. A tax analyst may work as a member of a company or independently. Moreover, in a company setting, the responsibilities of a tax analyst revolve around coordinating with different departments to obtain all necessary documentation and financial information, maintaining accurate and extensive records of all transactions, and resolving any issues or concerns. Furthermore, it is essential to remain updated with all the tax laws, all while adhering to the policies and regulations of the company.

What does a senior accountant analyst do?

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 analyst vs senior accountant analyst salary

Tax analysts and senior accountant analysts have different pay scales, as shown below.

Tax AnalystSenior Accountant Analyst
Average salary$61,745$75,282
Salary rangeBetween $43,000 And $87,000Between $58,000 And $97,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateMaineWashington
Best paying companyMetaBMO Capital Markets
Best paying industryTechnologyFinance

Differences between tax analyst and senior accountant analyst education

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

Tax AnalystSenior Accountant Analyst
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 75%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Tax analyst vs senior accountant analyst demographics

Here are the differences between tax analysts' and senior accountant analysts' demographics:

Tax AnalystSenior Accountant Analyst
Average age4844
Gender ratioMale, 42.9% Female, 57.1%Male, 49.4% Female, 50.6%
Race ratioBlack or African American, 13.1% Unknown, 3.4% Hispanic or Latino, 15.6% Asian, 11.1% White, 56.6% American Indian and Alaska Native, 0.3%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 Percentage8%7%

Differences between tax analyst and senior accountant analyst duties and responsibilities

Tax analyst example responsibilities.

  • Utilize QuickBooks to manage client data and prepare necessary financial statements.
  • Own the preparation of the consolidated/worldwide provision calculations and AJE, including account reconciliations.
  • Prepare ASC 740 tax accounting calculations.
  • Input apportionment factors into OneSource tax system.
  • Correspond with taxpayers, accountants, and CPAs.
  • Assist in federal and state return preparation using OneSource software.
  • Show more

Senior accountant analyst example responsibilities.

  • Develop and manage Sarbanes-Oxley compliance procedures.
  • Manage complex pricing structure and maintain SalesForce CRM funnel for forecasting accuracy.
  • Provide high-level financial analysis and accounting, conduct fixed asset analysis, variance analysis, account reconciliations, and month end-closes.
  • Perform relevant SOX controls accurately and timely.
  • Research and make technical recommendations regarding GAAP accounting issues.
  • Document and test control procedures in accordance with Sarbanes-Oxley regulations.
  • Show more

Tax analyst vs senior accountant analyst skills

Common tax analyst skills
  • Tax Audits, 6%
  • Reconciliations, 4%
  • Tax Compliance, 4%
  • Tax Payments, 4%
  • Tax Software, 4%
  • Income Tax Returns, 4%
Common senior accountant analyst skills
  • Reconciliations, 11%
  • External Auditors, 5%
  • Account Reconciliations, 5%
  • General Ledger Accounts, 5%
  • GAAP, 5%
  • Financial Analysis, 5%

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