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The differences between tax associates and accounting analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax associate has an average salary of $62,466, which is higher than the $58,399 average annual salary of an accounting analyst.
The top three skills for a tax associate include strong customer service, CPA and tax planning. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.
| Tax Associate | Accounting Analyst | |
| Yearly salary | $62,466 | $58,399 |
| Hourly rate | $30.03 | $28.08 |
| Growth rate | 6% | 6% |
| Number of jobs | 42,019 | 81,097 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 74% |
| Average age | 47 | 44 |
| Years of experience | - | 4 |
Tax associates are responsible for helping businesses and individuals with state and federal income tax preparation and compliance. These professionals often work for accounting firms and financial services companies. They perform varied tasks that include reviewing income statements, financial records, and expenditures, interviewing clients about income and expenses, and minimizing their clients' tax liability. Tax associates also conduct research on tax issues and assist with tax audits, advise clients on compensation and tax information, and maintain accurate and current client records.
An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.
Tax associates and accounting analysts have different pay scales, as shown below.
| Tax Associate | Accounting Analyst | |
| Average salary | $62,466 | $58,399 |
| Salary range | Between $40,000 And $95,000 | Between $42,000 And $79,000 |
| Highest paying City | Las Vegas, NV | San Francisco, CA |
| Highest paying state | Nevada | New York |
| Best paying company | Ropes & Gray | |
| Best paying industry | Finance | Finance |
There are a few differences between a tax associate and an accounting analyst in terms of educational background:
| Tax Associate | Accounting Analyst | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 74% |
| Most common major | Accounting | Accounting |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between tax associates' and accounting analysts' demographics:
| Tax Associate | Accounting Analyst | |
| Average age | 47 | 44 |
| Gender ratio | Male, 36.4% Female, 63.6% | Male, 41.6% Female, 58.4% |
| Race ratio | Black or African American, 9.6% Unknown, 4.0% Hispanic or Latino, 18.2% Asian, 10.2% White, 57.3% American Indian and Alaska Native, 0.6% | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 7% |