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The differences between managers, finance analysis and senior finance managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a manager, finance analysis and a senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $112,110 average annual salary of a manager, finance analysis.
The top three skills for a manager, finance analysis include financial analysis, hyperion and portfolio. The most important skills for a senior finance manager are hyperion, financial performance, and financial analysis.
| Manager, Finance Analysis | Senior Finance Manager | |
| Yearly salary | $112,110 | $133,358 |
| Hourly rate | $53.90 | $64.11 |
| Growth rate | 17% | 17% |
| Number of jobs | 110,310 | 139,639 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 68% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A financial analysis manager, mainly responsible for managing all financial-related activities for their organization, collects data related to financial performance and consolidates it into company reports. Typically, they manage the preparation and calculation of monthly, quarterly, and annual budgets. They interpret raw financial data with the help of the financial analyst leading the organization to reach financial decisions. They also analyze company allocated budgets for inconsistencies and accounting discrepancies. They also create financial models to accurately analyze possible business changes.
A senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.
Managers, finance analysis and senior finance managers have different pay scales, as shown below.
| Manager, Finance Analysis | Senior Finance Manager | |
| Average salary | $112,110 | $133,358 |
| Salary range | Between $83,000 And $150,000 | Between $95,000 And $185,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Southern California Edison | Roku |
| Best paying industry | Finance | Professional |
There are a few differences between a manager, finance analysis and a senior finance manager in terms of educational background:
| Manager, Finance Analysis | Senior Finance Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 68% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers, finance analysis' and senior finance managers' demographics:
| Manager, Finance Analysis | Senior Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 70.3% Female, 29.7% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.2% White, 63.4% American Indian and Alaska Native, 0.3% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |