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The differences between funding analysts and senior finance 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 funding analyst and a senior finance analyst. Additionally, a senior finance analyst has an average salary of $83,222, which is higher than the $82,744 average annual salary of a funding analyst.
The top three skills for a funding analyst include financial statements, portfolio management and powerpoint. The most important skills for a senior finance analyst are financial analysis, hyperion, and financial models.
| Funding Analyst | Senior Finance Analyst | |
| Yearly salary | $82,744 | $83,222 |
| Hourly rate | $39.78 | $40.01 |
| Growth rate | 9% | 9% |
| Number of jobs | 62,949 | 117,609 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A funding analyst is responsible for conducting financial data analysis and creating reports according to the market performance that will help a financial institution to determine cost estimates and mitigate financial risks. Funding analysts also review the organization's programs and sponsorships, ensuring the adequate allocation of funds and resources to support such activities. They identify business opportunities and other financial services to generate more clients and close deals that would drive more revenues and increase the company's profitability.
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.
Funding analysts and senior finance analysts have different pay scales, as shown below.
| Funding Analyst | Senior Finance Analyst | |
| Average salary | $82,744 | $83,222 |
| Salary range | Between $48,000 And $142,000 | Between $62,000 And $110,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | PitchBook Data | |
| Best paying industry | Finance | Technology |
There are a few differences between a funding analyst and a senior finance analyst in terms of educational background:
| Funding Analyst | Senior Finance Analyst | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 74% |
| Most common major | Finance | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between funding analysts' and senior finance analysts' demographics:
| Funding Analyst | Senior Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 57.4% Female, 42.6% | Male, 61.7% Female, 38.3% |
| Race ratio | 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% | 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 | 7% | 7% |