Accountant/consultant vs senior finance consultant

The differences between accountant/consultants and senior finance consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an accountant/consultant and a senior finance consultant. Additionally, a senior finance consultant has an average salary of $97,689, which is higher than the $64,298 average annual salary of an accountant/consultant.

The top three skills for an accountant/consultant include account management, product knowledge and strong analytical. The most important skills for a senior finance consultant are financial analysis, project management, and financial services.

Accountant/consultant vs senior finance consultant overview

	Accountant/Consultant	Senior Finance Consultant
Yearly salary	$64,298	$97,689
Hourly rate	$30.91	$46.97
Growth rate	6%	9%
Number of jobs	38,916	112,032
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 71%
Average age	44	40
Years of experience	4	4

What does an accountant/consultant do?

Accountants/consultants perform accounting tasks for organizations or companies. The accountants improve accounting practices and prepare financial statements at the end of every year. They analyze financial data and offer advice on regulatory compliance issues to the finance department. It is their job to make sure that the online system is secure. Most of the day, they organize invoices, prepare statements, and supervising systems. They should be equipped with analytical skills, industry knowledge, critical thinking, and interpersonal communication.

What does a senior finance consultant do?

A senior finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.

Accountant/consultant vs senior finance consultant salary

Accountant/consultants and senior finance consultants have different pay scales, as shown below.

	Accountant/Consultant	Senior Finance Consultant
Average salary	$64,298	$97,689
Salary range	Between $47,000 And $86,000	Between $68,000 And $138,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	California	California
Best paying company	IBM	Dell
Best paying industry	Finance	Technology

Differences between accountant/consultant and senior finance consultant education

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

	Accountant/Consultant	Senior Finance Consultant
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Accountant/consultant vs senior finance consultant demographics

Here are the differences between accountant/consultants' and senior finance consultants' demographics:

	Accountant/Consultant	Senior Finance Consultant
Average age	44	40
Gender ratio	Male, 47.1% Female, 52.9%	Male, 68.2% Female, 31.8%
Race ratio	Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 12.2% White, 63.8% American Indian and Alaska Native, 0.5%	Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage	7%	7%

Differences between accountant/consultant and senior finance consultant duties and responsibilities

Accountant/consultant example responsibilities.

Manage a staff of five to ensure their compliance with GAAP as well as best practices.
Manage company responsibilities for budgets, forecasting, payroll and accounts receivable.
Manage personnel financial matters including salaries, taxation procedures and other relate issues.
Select and run weekly check run, ACH payments, and foreign payments.
Process bi-weekly ACH and EFT payment to vendors, reimbursement and rush check payments.
Coordinate with external CPA on financial tax filings i.e. , 990 for IRS regulations and maintain of IRS 501C status.

Senior finance consultant example responsibilities.

Manage contractor responsible for building a customize Hyperion Essbase cube.
Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
Review A/P & A/R aging with CFO weekly
Train employees on using the state PeopleSoft system for travel expense reimbursement.
Perform account adjustments, heavy reconciliation, as well as monthly closing of A/P, A/R and GL
Participate in cash management decisions and treasury functions.

Accountant/consultant vs senior finance consultant skills

Common accountant/consultant skills

Account Management, 17%
Product Knowledge, 14%
Strong Analytical, 13%
Leveraged, 9%
Customer Service, 8%
Customer Satisfaction, 6%

Common senior finance consultant skills

Financial Analysis, 7%
Project Management, 6%
Financial Services, 5%
Strong Analytical, 4%
Shared Services, 4%
Risk Management, 3%

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Accountant/Consultant vs Senior Finance Consultant

Updated January 8, 2025

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