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Finance executive vs senior finance analyst

The differences between finance executives and senior finance analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a finance executive, becoming a senior finance analyst takes usually requires 2-4 years. Additionally, a finance executive has an average salary of $110,830, which is higher than the $83,222 average annual salary of a senior finance analyst.

The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for a senior finance analyst are financial analysis, hyperion, and financial models.

Finance executive vs senior finance analyst overview

Finance ExecutiveSenior Finance Analyst
Yearly salary$110,830$83,222
Hourly rate$53.28$40.01
Growth rate17%9%
Number of jobs137,400117,609
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 74%
Average age4640
Years of experience84

What does a finance executive do?

Finance executives oversee an organization's money and profit. They are responsible for overseeing the income and expenses of the business' money transactions. These executives evaluate financial reports such as cash-flow statements, tax planning, and budgeting. Sometimes, finance executives manage a staff of finance clerks, hire new staff, and develop schedules. They work full-time in an office, but they also often work beyond regular business hours. As for qualifications, finance executives must have at least a bachelor's degree and a considerable length of work experience in the business field.

What does a senior finance analyst do?

A Senior Financial Analyst's role is to oversee the financial aspects and manage fellow analysts in a company. Among the tasks of a Senior Financial Analyst include conducting research and analysis, providing forecast in revenue and expenditures, creating financial models that would suit the company and project more sales, and take part in the planning of finances. Moreover, being a Senior Financial Analyst means leading a team of skilled professionals in the same field of expertise.

Finance executive vs senior finance analyst salary

Finance executives and senior finance analysts have different pay scales, as shown below.

Finance ExecutiveSenior Finance Analyst
Average salary$110,830$83,222
Salary rangeBetween $68,000 And $178,000Between $62,000 And $110,000
Highest paying CityWest Babylon, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyAppleGoogle
Best paying industryGovernmentTechnology

Differences between finance executive and senior finance analyst education

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

Finance ExecutiveSenior Finance Analyst
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 74%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance executive vs senior finance analyst demographics

Here are the differences between finance executives' and senior finance analysts' demographics:

Finance ExecutiveSenior Finance Analyst
Average age4640
Gender ratioMale, 63.3% Female, 36.7%Male, 61.7% Female, 38.3%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 64.0% American Indian and Alaska Native, 0.3%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 Percentage11%7%

Differences between finance executive and senior finance analyst duties and responsibilities

Finance executive example responsibilities.

  • Manage financial statements and work independently to produce accurate records for petty cash, bank reconciliations, and data inventory.
  • Experience in ERP implementation when A/R module are migrated from old system to new PS system.
  • Improve financial results $50 million (GAAP) in 2000 over 1999 and generate the first profit in four years.
  • Assist with compliance with SOX requirements by improving internal protocols and documentation procedures.
  • Reorganize accounting department according to SOX guidelines along with recommendations for improving processes.
  • Develop decision matrix and flowcharts for a revise financial and manufacturing system within current ERP software.
  • Show more

Senior finance analyst example responsibilities.

  • Used SharePoint repository to manage all project documents.
  • Manage deployment of SQL databases across multiple platforms within a secure environment focusing on security and data integrity.
  • Leverage and improve key performance indicators to drive portfolio management to core business team leads and executive sponsors.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Validate data in Hyperion EssBase for implementation.
  • Perform month end accounting close activities including preparation of accruals and monthly financial analysis reports for business unit management.
  • Show more

Finance executive vs senior finance analyst skills

Common finance executive skills
  • Financial Statements, 18%
  • Financial Services, 12%
  • Portfolio, 12%
  • Financial Products, 3%
  • Real Estate, 3%
  • Insurance Products, 3%
Common senior finance analyst skills
  • Financial Analysis, 12%
  • Hyperion, 5%
  • Financial Models, 5%
  • Strong Analytical, 4%
  • Variance Analysis, 4%
  • Ad-Hoc Analysis, 4%

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