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Executive consultant vs senior finance consultant

The differences between executive consultants and senior finance consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an executive consultant, becoming a senior finance consultant takes usually requires 2-4 years. Additionally, an executive consultant has an average salary of $131,331, which is higher than the $97,689 average annual salary of a senior finance consultant.

The top three skills for an executive consultant include healthcare, business development and financial services. The most important skills for a senior finance consultant are financial analysis, project management, and financial services.

Executive consultant vs senior finance consultant overview

Executive ConsultantSenior Finance Consultant
Yearly salary$131,331$97,689
Hourly rate$63.14$46.97
Growth rate10%9%
Number of jobs118,432112,032
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Average age3940
Years of experience104

What does an executive consultant do?

An executive consultant gives support and guidance to the company's management team. Their duties may vary depending on each client's needs. Other companies hire consultants to solve a particular problem or assist with operations, employees, or strategic planning. They advise partner companies in business development opportunities to pursue financial goals and financial growth. They can also provide consulting services for non-profit organizations to act as an executive member.

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.

Executive consultant vs senior finance consultant salary

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

Executive ConsultantSenior Finance Consultant
Average salary$131,331$97,689
Salary rangeBetween $90,000 And $190,000Between $68,000 And $138,000
Highest paying CitySouth San Francisco, CASan Francisco, CA
Highest paying stateWashingtonCalifornia
Best paying companyMayo ClinicDell
Best paying industryTechnologyTechnology

Differences between executive consultant and senior finance consultant education

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

Executive ConsultantSenior Finance Consultant
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Pennsylvania

Executive consultant vs senior finance consultant demographics

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

Executive ConsultantSenior Finance Consultant
Average age3940
Gender ratioMale, 67.2% Female, 32.8%Male, 68.2% Female, 31.8%
Race ratioBlack or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%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 Percentage10%7%

Differences between executive consultant and senior finance consultant duties and responsibilities

Executive consultant example responsibilities.

  • Recruit to manage key client engagements to define global strategic sourcing projects and solutions to utilize technology and advance ERP systems.
  • Manage e-commerce website and direct email campaigns to wholesale and retail customers, initiate SEO plan: organic and paid search.
  • Manage design and development of cloud-base billing application for streamlining payroll and invoicing, as well as offering real-time business analytics.
  • Own the PMO, reporting to the COO/CEO.
  • Lead and develop the expertise of individuals in the PMO.
  • Develop protocols for RFP initiation and execution.
  • Show more

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.
  • Show more

Executive consultant vs senior finance consultant skills

Common executive consultant skills
  • Healthcare, 17%
  • Business Development, 8%
  • Financial Services, 8%
  • Project Management, 7%
  • Process Improvement, 6%
  • C-Suite, 5%
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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