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The differences between finance analyst/accountants and senior accountant analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a finance analyst/accountant and a senior accountant analyst. Additionally, a senior accountant analyst has an average salary of $75,282, which is higher than the $62,975 average annual salary of a finance analyst/accountant.
The top three skills for a finance analyst/accountant include reconciliations, financial analysis and general ledger accounts. The most important skills for a senior accountant analyst are reconciliations, external auditors, and account reconciliations.
| Finance Analyst/Accountant | Senior Accountant Analyst | |
| Yearly salary | $62,975 | $75,282 |
| Hourly rate | $30.28 | $36.19 |
| Growth rate | 6% | 6% |
| Number of jobs | 118,043 | 82,010 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 75% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
In a company setting, a finance analyst/accountant is in charge of handling and monitoring financial activities, ensuring efficiency and accuracy. Their responsibilities revolve around preparing financial reports, performing audits and risk assessments, and identifying any errors and inconsistencies, resolving them promptly and efficiently. They also conduct research and analysis to identify new business opportunities, evaluate the existing procedures to determine its strengths and weaknesses, and recommend solutions to optimize operations for financial growth. Furthermore, as a finance analyst/accountant, it is essential to uphold the company's policies and regulations, including its vision and mission.
As a senior accountant analyst, your main role is to provide professional guidance to a company. You need to have excellent preparation skills to create financial reports that clearly state the expenses and forecast the company's financial future. You should always aim for accuracy and compliance. Moreover, as a senior accountant analyst, you are supposed to give general operational assistance to the company's management.
Finance analyst/accountants and senior accountant analysts have different pay scales, as shown below.
| Finance Analyst/Accountant | Senior Accountant Analyst | |
| Average salary | $62,975 | $75,282 |
| Salary range | Between $47,000 And $84,000 | Between $58,000 And $97,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | Citi | BMO Capital Markets |
| Best paying industry | Finance | Finance |
There are a few differences between a finance analyst/accountant and a senior accountant analyst in terms of educational background:
| Finance Analyst/Accountant | Senior Accountant Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 75% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance analyst/accountants' and senior accountant analysts' demographics:
| Finance Analyst/Accountant | Senior Accountant Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 50.2% Female, 49.8% | Male, 49.4% Female, 50.6% |
| Race ratio | Black or African American, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 17.0% White, 60.6% American Indian and Alaska Native, 0.5% | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.1% White, 62.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |