Senior Tax Manager Salary

Senior Tax Managers in the United States see excellent average salaries — about $127K annually. Total cash compensation for Senior Tax Managers runs from $91K to $188K depending on bonuses that can occasionally exceed $25K and profit sharing that can reach almost $16K. Earnings for this group are mostly affected by career length, followed by geography and the particular employer. For the most part, Senior Tax Managers enjoy their work and report high levels of job satisfaction. Male Senior Tax Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 53 percent of the field. Medical benefits are awarded to nearly all, and a strong majority earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$88,869 - $172,538
(Median)
$89K
$130K
$170K
MEDIAN: $126,528
10%
50%
90%

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$17.79 - $60.29
(Median)
$18
$43
$60
MEDIAN: $43.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$88,869 - $172,538  
   
Bonus
$2,557 - $24,648  
Profit Sharing
$1,016 - $16,340  
Commission
$4,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,855 - $187,877  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 980
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$17.79 - $60.29  
   
Overtime
$36.42  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$2,557 - $24,648  
   
Commission
$4,000  
Profit Sharing
$1,016 - $16,340  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,855 - $187,877  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 25
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Job Description for Senior Tax Manager

The primary role that senior tax managers fill is ensuring corporate compliance with all applicable local, state, and federal tax obligations. In addition, senior tax managers develop internal policies relating to taxation and implement these policies into existing accounting practices. Oversight of internal audits is another important aspect of senior tax managers’ duties.

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Senior Tax Manager Tasks

  • Manage and document compliance.
  • Oversee tax planning and research, and create plans and goals to advise clients.
  • Research and document tax strategies and new laws.
  • Mentor and review tax associates to develop people and revenue.
  • Lead primary review of complicated or unusual tax documents.

Common Career Paths for Senior Tax Manager


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Many Senior Tax Managers move into Tax Director roles, in which average pay is a slightly higher $160K per year. A Certified Public Accountant role is the most prevalent career advancement for Senior Tax Managers. Paychecks for that role are $59K on average. The Tax Accounting Firm Partner position is another common transition for Senior Tax Managers; in this role, salaries are typically at the $156K mark.

Senior Tax Manager Job Listings

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Popular Employer Salaries for Senior Tax Manager


Salary cannot be beat at Deloitte Tax LLP, where median pay comes to $152K. The range seems somewhat confined, however; the lower end sits at $119K, and the higher end is not far away at $205K.

Popular Skills for Senior Tax Manager


Typical Senior Tax Managers report a focused set of job skills. Most notably, skills in Legal Research, Tax Consulting, Tax Compliance, and Accounting are correlated to pay that is above average. Skills that seem to negatively impact pay include Tax Preparation. It is often found that people who know Tax Compliance are also skilled in Tax Preparation and Accounting.

Pay by Experience Level for Senior Tax Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Individuals with less than five years' experience take home around $97K. In contrast, though, people who have been on the job for five to 10 years report a six-figure median of $132K. Senior Tax Managers who work for 10 to 20 years in their occupation tend to earn about $139K. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $131K by contrast.

Pay Difference by Location

National Average: $134,910

Larger city markers indicate a job is popular in that location.

New York offers some of the highest pay in the country for Senior Tax Managers, 26 percent above the national average. Senior Tax Managers can also look forward to large paychecks in cities like San Jose (+24 percent), San Francisco (+21 percent), Los Angeles (+16 percent), and Washington (+7 percent). In Denver, salaries are 4 percent below the national average and represent the lowest-paying market. Atlanta and Houston are a couple other places where companies are known to pay below the median — salaries are 4 percent lower and 3 percent lower, respectively.

Related Job Salaries

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Experience Affects Senior Tax Manager Salaries


National Average
$135,000



Entry-Level
up arrow 28%

Skills That Affect Senior Tax Manager Salaries

Legal Research
up arrow 1%

Tax Consulting
0%

National Average
$135,000

Tax Compliance
up arrow 2%

Accounting
up arrow 2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 193 votes.

Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
20%
10-19 years
56%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 80%
medical benefits
Vision: 65%
dental benefits
None: 8%
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