Post job

Tax consultant vs senior tax accountant

The differences between tax consultants and senior tax accountants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior tax accountant has an average salary of $77,537, which is higher than the $66,737 average annual salary of a tax consultant.

The top three skills for a tax consultant include CPA, tax planning and tax issues. The most important skills for a senior tax accountant are CPA, state income, and tax research.

Tax consultant vs senior tax accountant overview

Tax ConsultantSenior Tax Accountant
Yearly salary$66,737$77,537
Hourly rate$32.09$37.28
Growth rate6%6%
Number of jobs39,37957,686
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 74%
Average age4744
Years of experience-4

What does a tax consultant do?

Tax consultants are experts in providing commercially centered tax advice and tax services to wide-ranging clients who function in all sectors of the economy. The work they do involves devising tax-efficient strategies for international and domestic-based clients in various business situations, including takeovers, company merges, and corporate reconstructions. They work continually to help clients ensure that the best business decisions are met. They also monitor and get ahead of possible changes concerning tax legislation and responding fast with guidance specific to their clients' tax requirements.

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 consultant vs senior tax accountant salary

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

Tax ConsultantSenior Tax Accountant
Average salary$66,737$77,537
Salary rangeBetween $47,000 And $93,000Between $60,000 And $99,000
Highest paying CityHartford, CTWashington, DC
Highest paying stateRhode IslandNew York
Best paying companyCargillRiverbed Holdings, Inc.
Best paying industryFinanceProfessional

Differences between tax consultant and senior tax accountant education

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

Tax ConsultantSenior Tax Accountant
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Tax consultant vs senior tax accountant demographics

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

Tax ConsultantSenior Tax Accountant
Average age4744
Gender ratioMale, 52.7% Female, 47.3%Male, 50.6% Female, 49.4%
Race ratioBlack or African American, 10.5% Unknown, 4.1% Hispanic or Latino, 17.0% Asian, 10.4% White, 57.6% American Indian and Alaska Native, 0.6%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 Percentage8%7%

Differences between tax consultant and senior tax accountant duties and responsibilities

Tax consultant example responsibilities.

  • Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
  • Maintain and generate the process of structuring and conducting business transactions to ensure that GAAP procedures are followed.
  • Develop, maintain, and ensure accounting policies and procedures are in accordance with company member agreements & GAAP.
  • Prepare returns and consult on tax and accounting issues for own clients as well as contract work for other CPA firms.
  • Work closely with CPA on data verification and documentations processing.
  • Save customers thousands of dollars on Mexico-U.S. cross-border taxation advisory.
  • Show more

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 consultant vs senior tax accountant skills

Common tax consultant skills
  • CPA, 13%
  • Tax Planning, 7%
  • Tax Issues, 6%
  • Taxation, 6%
  • Tax Research, 5%
  • Income Tax Returns, 5%
Common senior tax accountant skills
  • CPA, 14%
  • State Income, 5%
  • Tax Research, 5%
  • Income Tax Returns, 4%
  • Tax Planning, 4%
  • Tax Compliance, 4%

Browse business and financial jobs