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The differences between lead finance analysts 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 a lead finance analyst and a senior finance consultant. Additionally, a senior finance consultant has an average salary of $97,689, which is higher than the $85,672 average annual salary of a lead finance analyst.
The top three skills for a lead finance analyst include financial analysis, hyperion and financial planning analysis. The most important skills for a senior finance consultant are financial analysis, project management, and financial services.
| Lead Finance Analyst | Senior Finance Consultant | |
| Yearly salary | $85,672 | $97,689 |
| Hourly rate | $41.19 | $46.97 |
| Growth rate | 9% | 9% |
| Number of jobs | 89,105 | 112,032 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A lead finance analyst is responsible for monitoring the company's financial conditions, analyzing account statements, and resolving payment discrepancies. Lead finance analysts create expense reports and budget forecasting, as well as identifying business opportunities that would minimize loss and generate revenues for the business. They also oversee financial and business transactions, perform bank reconciliations, and manage outstanding payments. A lead finance analyst must have excellent analytical and communication skills, especially in discussing financial results to the management and recommending strategic techniques for cost-reduction activities.
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.
Lead finance analysts and senior finance consultants have different pay scales, as shown below.
| Lead Finance Analyst | Senior Finance Consultant | |
| Average salary | $85,672 | $97,689 |
| Salary range | Between $64,000 And $114,000 | Between $68,000 And $138,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Pacific Investment Management Company LLC | Dell |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a lead finance analyst and a senior finance consultant in terms of educational background:
| Lead Finance Analyst | Senior Finance Consultant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between lead finance analysts' and senior finance consultants' demographics:
| Lead Finance Analyst | Senior Finance Consultant | |
| Average age | 40 | 40 |
| Gender ratio | Male, 57.0% Female, 43.0% | Male, 68.2% Female, 31.8% |
| 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% |