Internal consultant vs senior finance consultant

The differences between internal consultants and senior finance consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an internal consultant and a senior finance consultant. Additionally, a senior finance consultant has an average salary of $97,689, which is higher than the $91,097 average annual salary of an internal consultant.

The top three skills for an internal consultant include project management, process improvement and internal controls. The most important skills for a senior finance consultant are financial analysis, project management, and financial services.

Internal consultant vs senior finance consultant overview

	Internal Consultant	Senior Finance Consultant
Yearly salary	$91,097	$97,689
Hourly rate	$43.80	$46.97
Growth rate	11%	9%
Number of jobs	70,927	112,032
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 71%
Average age	44	40
Years of experience	4	4

What does an internal consultant do?

An internal consultant is responsible for providing consultation on the business process and operations to identify key areas of improvement and review its effectiveness to support the business goals and objectives. Internal consultants must have excellent organizational skills and expertise in business planning and project management to strategize and improve existing methodologies that would raise the company's performance. They also develop training and programs necessary for the employees to maximize their productivity and manage efficiency.

What does a senior finance consultant do?

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.

Internal consultant vs senior finance consultant salary

Internal consultants and senior finance consultants have different pay scales, as shown below.

	Internal Consultant	Senior Finance Consultant
Average salary	$91,097	$97,689
Salary range	Between $67,000 And $122,000	Between $68,000 And $138,000
Highest paying City	Washington, DC	San Francisco, CA
Highest paying state	New Jersey	California
Best paying company	Citi	Dell
Best paying industry	Technology	Technology

Differences between internal consultant and senior finance consultant education

There are a few differences between an internal consultant and a senior finance consultant in terms of educational background:

	Internal Consultant	Senior Finance Consultant
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	Northwestern University	University of Pennsylvania

Internal consultant vs senior finance consultant demographics

Here are the differences between internal consultants' and senior finance consultants' demographics:

	Internal Consultant	Senior Finance Consultant
Average age	44	40
Gender ratio	Male, 62.8% Female, 37.2%	Male, 68.2% Female, 31.8%
Race ratio	Black or African American, 8.5% Unknown, 4.5% Hispanic or Latino, 9.2% Asian, 12.4% White, 65.3% American Indian and Alaska Native, 0.2%	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	12%	7%

Differences between internal consultant and senior finance consultant duties and responsibilities

Internal consultant example responsibilities.

Manage project and perform UAT of any changes from AppStore releases that relate to sales compensation elements.
Manage a team responsible for designing service-orient application architecture, standards and best practices guidelines, security and data access frameworks.
Conduct UAT sessions to validate requirements against application.
Perform gap analysis and create needed architecture and systems overviews documentation from existing Visio drawings, program coding and PowerPoint presentations.
Analyze internal knowledge infrastructure and develop optimized information system/organization.
Identify key performance indicators (KPIs), then used it to measure and set improvement targets.

Senior finance consultant example responsibilities.

Manage contractor responsible for building a customize Hyperion Essbase cube.
Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
Review A/P & A/R aging with CFO weekly
Train employees on using the state PeopleSoft system for travel expense reimbursement.
Perform account adjustments, heavy reconciliation, as well as monthly closing of A/P, A/R and GL
Participate in cash management decisions and treasury functions.

Internal consultant vs senior finance consultant skills

Common internal consultant skills

Project Management, 18%
Process Improvement, 18%
Internal Controls, 9%
Sigma, 8%
Internal Clients, 7%
Business Development, 7%

Common senior finance consultant skills

Financial Analysis, 7%
Project Management, 6%
Financial Services, 5%
Strong Analytical, 4%
Shared Services, 4%
Risk Management, 3%

Internal Consultant vs. similar jobs

Internal Consultant related careers

Internal Consultant related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Internal Consultant
Internal Consultant vs Senior Finance Consultant

Updated January 8, 2025

Browse business and financial jobs