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The differences between tax managers and accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a tax manager, becoming an accountant takes usually requires 2-4 years. Additionally, a tax manager has an average salary of $96,100, which is higher than the $54,890 average annual salary of an accountant.
The top three skills for a tax manager include CPA, client relationships and tax planning. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| Tax Manager | Accountant | |
| Yearly salary | $96,100 | $54,890 |
| Hourly rate | $46.20 | $26.39 |
| Growth rate | 17% | 6% |
| Number of jobs | 79,204 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Average age | 46 | 44 |
| Years of experience | 8 | 4 |
A Tax Manager is responsible for managing tax reporting and compliance within an organization. They provide innovative tax planning and prepare state and federal tax returns for companies.
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Tax managers and accountants have different pay scales, as shown below.
| Tax Manager | Accountant | |
| Average salary | $96,100 | $54,890 |
| Salary range | Between $70,000 And $131,000 | Between $41,000 And $72,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Meta | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a tax manager and an accountant in terms of educational background:
| Tax Manager | Accountant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between tax managers' and accountants' demographics:
| Tax Manager | Accountant | |
| Average age | 46 | 44 |
| Gender ratio | Male, 58.5% Female, 41.5% | Male, 38.2% Female, 61.8% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 7% |