Senior Tax Manager Salary

Generous salaries abound for Senior Tax Managers in the United States, with average pay above six figures ($125K) per year. Total incomes of Senior Tax Managers incorporate potential for, in a few cases, more than $25K from bonuses and close to $10K from profit sharing; these performance components cause packages to range between $88K and $186K. While experience level and the specific company impact pay for this group, geographic location is the most influential factor. Men working as Senior Tax Managers who took the survey just slightly outnumber women at 54 percent. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. The majority of Senior Tax Managers claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$85,967 - $171,624

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$18.20 - $60.50

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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
$85,967 - $171,624  
   
Bonus
$2,530 - $24,837  
Profit Sharing
$1,192 - $10,101  
Commission
$1,526 - $6,878  
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).
)
$88,322 - $186,171  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 874
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
$18.20 - $60.50  
   
Overtime
$27.00 - $48.24  
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
$2,530 - $24,837  
   
Commission
$1,526 - $6,878  
Profit Sharing
$1,192 - $10,101  
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).
)
$88,322 - $186,171  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 24
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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 $158K 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


Although the highest salaries can be found at Deloitte Tax LLP where median pay is $144K, there is little variation in compensation; paychecks are spread only between $117K and $203K.

Popular Skills for Senior Tax Manager


Senior Tax Managers report using a diverse set of skills on the job. Most notably, skills in Tax Consulting, Legal Research, Tax Compliance, and Accounting are correlated to pay that is above average. Skills that seem to negatively impact pay include Tax Preparation. Most people experienced in Tax Compliance also know 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.


Those in the early stages of their career can expect to make around $90K; however, individuals with five to 10 years of experience bring in $128K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $136K in this role. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $129K.

Pay Difference by Location


Surpassing the national average by 30 percent, Senior Tax Managers in San Jose receive some of the highest pay in the country. Senior Tax Managers can also look forward to large paychecks in cities like New York (+24 percent), San Francisco (+19 percent), Los Angeles (+18 percent), and Washington (+9 percent). Those in the field find the lowest salaries in Atlanta, 6 percent below the national average. Employers also pay below the national average in Denver (5 percent lower) and Houston (2 percent lower).

Related Job Salaries

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Experience Affects Senior Tax Manager Salaries


National Average
$132,000



Entry-Level
up arrow 32%

Skills That Affect Senior Tax Manager Salaries

Tax Consulting
up arrow 1%

National Average
$132,000

Legal Research
up arrow 1%

Tax Compliance
up arrow 2%

Accounting
up arrow 2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 185 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
19%
10-19 years
55%
20 years or more
24%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 78%
vision benefits Vision: 66% employee benefits None: 8%
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