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The differences between finance project managers and senior project managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior project manager has an average salary of $110,947, which is higher than the $105,050 average annual salary of a finance project manager.
The top three skills for a finance project manager include project management, financial analysis and process improvement. The most important skills for a senior project manager are project management, program management, and portfolio.
| Finance Project Manager | Senior Project Manager | |
| Yearly salary | $105,050 | $110,947 |
| Hourly rate | $50.50 | $53.34 |
| Growth rate | 17% | 16% |
| Number of jobs | 253,611 | 183,210 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| Average age | 46 | 47 |
| Years of experience | 8 | - |
A finance project manager handles the financial analysis of a project management process, including budgeting from the clients' requirements until the forecasting on project revenues. Finance project managers analyze financial statements and account transactions of a company, identifying business opportunities to generate more resources to increase revenue and profits. They create financial reports, recommending cost-reduction techniques to minimize loss while increasing the efficiency of the staff performance, strategizing procedures to maximize productivity, especially on meeting deadlines with high-quality deliverables.
Senior project managers are experienced employees assigned to oversee a specific project in the organization. They manage the project from conception to execution. They are onboard the project from the ideation phase, providing valuable insights to ensure the success of the project. Senior project managers are also in charge of managing the budget, ensuring that the expected timelines are followed, adjusting strategies when needed, and guiding project team members. It is important for senior project managers to be good leaders and communicators. They should be able to balance the interests of all the stakeholders involved in the project. They should have good interpersonal skills and decision-making skills.
Finance project managers and senior project managers have different pay scales, as shown below.
| Finance Project Manager | Senior Project Manager | |
| Average salary | $105,050 | $110,947 |
| Salary range | Between $73,000 And $150,000 | Between $82,000 And $148,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Roku |
| Best paying industry | Technology | Technology |
There are a few differences between a finance project manager and a senior project manager in terms of educational background:
| Finance Project Manager | Senior Project Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance project managers' and senior project managers' demographics:
| Finance Project Manager | Senior Project Manager | |
| Average age | 46 | 47 |
| Gender ratio | Male, 63.1% Female, 36.9% | Male, 71.4% Female, 28.6% |
| Race ratio | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% | Black or African American, 7.5% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.8% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 11% | 10% |