Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance executives and senior finance consultants 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 consultant takes usually requires 2-4 years. Additionally, a finance executive has an average salary of $110,830, which is higher than the $97,689 average annual salary of a senior finance consultant.
The top three skills for a finance executive include financial statements, financial services and portfolio. The most important skills for a senior finance consultant are financial analysis, project management, and financial services.
| Finance Executive | Senior Finance Consultant | |
| Yearly salary | $110,830 | $97,689 |
| Hourly rate | $53.28 | $46.97 |
| Growth rate | 17% | 9% |
| Number of jobs | 137,400 | 112,032 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Average age | 46 | 40 |
| Years of experience | 8 | 4 |
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.
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.
Finance executives and senior finance consultants have different pay scales, as shown below.
| Finance Executive | Senior Finance Consultant | |
| Average salary | $110,830 | $97,689 |
| Salary range | Between $68,000 And $178,000 | Between $68,000 And $138,000 |
| Highest paying City | West Babylon, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Apple | Dell |
| Best paying industry | Government | Technology |
There are a few differences between a finance executive and a senior finance consultant in terms of educational background:
| Finance Executive | Senior Finance Consultant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance executives' and senior finance consultants' demographics:
| Finance Executive | Senior Finance Consultant | |
| Average age | 46 | 40 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 68.2% Female, 31.8% |
| Race ratio | Black 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 Percentage | 11% | 7% |