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Tax manager vs business relationship manager

The differences between tax managers and business relationship managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a tax manager and a business relationship manager. Additionally, a tax manager has an average salary of $96,100, which is higher than the $87,741 average annual salary of a business relationship manager.

The top three skills for a tax manager include CPA, client relationships and tax planning. The most important skills for a business relationship manager are customer service, relationship management, and cash management.

Tax manager vs business relationship manager overview

Tax ManagerBusiness Relationship Manager
Yearly salary$96,100$87,741
Hourly rate$46.20$42.18
Growth rate17%17%
Number of jobs79,204114,003
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 75%
Average age4646
Years of experience88

What does a tax manager do?

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.

What does a business relationship manager do?

A business relationship manager is primarily responsible for improving the relationship between customers and businesses. Typically, it is their responsibility to develop strategies and business plans to strengthen client relationships, address issues and concerns, and perform corrective measures when necessary. There are instances when they have to reach out to clients through calls and correspondence, perform follow-up contacts to offer new services and opportunities, and provide industry advice or consultation. Furthermore, as a manager, it is essential to lead and encourage staff in the joint effort to reach target sales and improve client base.

Tax manager vs business relationship manager salary

Tax managers and business relationship managers have different pay scales, as shown below.

Tax ManagerBusiness Relationship Manager
Average salary$96,100$87,741
Salary rangeBetween $70,000 And $131,000Between $61,000 And $125,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew YorkNew Jersey
Best paying companyMetaAstraZeneca
Best paying industryFinanceTechnology

Differences between tax manager and business relationship manager education

There are a few differences between a tax manager and a business relationship manager in terms of educational background:

Tax ManagerBusiness Relationship Manager
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 75%
Most common majorAccountingBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Tax manager vs business relationship manager demographics

Here are the differences between tax managers' and business relationship managers' demographics:

Tax ManagerBusiness Relationship Manager
Average age4646
Gender ratioMale, 58.5% Female, 41.5%Male, 64.6% Female, 35.4%
Race ratioBlack 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between tax manager and business relationship manager duties and responsibilities

Tax manager example responsibilities.

  • Test and learned to analyze accounting processes managing SOX testing including accumulating documentation and reviewing other testers work.
  • Perform tax provision review to ensure compliance with ASC 740 and ASC 740-10 for public trade companies and private companies.
  • Pull data and work with Hyperion.
  • Used Lexis Nexis, RIA, and CCH to research multiple tax projects.
  • Prepare and review ASC 740 tax balances for the company s fifteen largest foreign subsidiaries.
  • Calculate, prepare and submit quarterly estimate payments without need for review from third party CPA.
  • Show more

Business relationship manager example responsibilities.

  • Manage cross-selling and foster customer loyalty by ensuring value to these services.
  • Originate and structure commercial loans and manage credit risk both before and after loan origination.
  • Prepare and manage annual budget, perform financial reporting, complete tax returns, and manage personnel and payroll functions.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Complete extensive executive training in business banking, with focus on commercial loan origination, deposits and treasury services.
  • Negotiate and procure supplies to maximize return on investment through use of RFP process.
  • Show more

Tax manager vs business relationship manager skills

Common tax manager skills
  • CPA, 16%
  • Client Relationships, 7%
  • Tax Planning, 6%
  • Tax Compliance, 5%
  • Taxation, 4%
  • Tax Research, 4%
Common business relationship manager skills
  • Customer Service, 10%
  • Relationship Management, 7%
  • Cash Management, 6%
  • Risk Management, 6%
  • Business Development, 6%
  • Customer Relationships, 5%

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