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The differences between managers finance planning and 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 planning and analysis and a senior finance manager. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $106,888 average annual salary of a manager finance planning and analysis.
The top three skills for a manager finance planning and analysis include financial performance, financial planning analysis and financial analysis. The most important skills for a senior finance manager are hyperion, financial performance, and financial analysis.
| Manager Finance Planning And Analysis | Senior Finance Manager | |
| Yearly salary | $106,888 | $133,358 |
| Hourly rate | $51.39 | $64.11 |
| Growth rate | 17% | 17% |
| Number of jobs | 111,706 | 139,639 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A manager finance planning and analysis oversees the daily operations of a company's financial planning department. They typically have administrative duties such as setting goals and guidelines, establishing timelines and budgets, delegating tasks among teams and staff, and reviewing financial reports regularly. They also perform research and assessments, gather and analyze financial data from different departments, coordinate staff, and solve issues and concerns when any arise. Additionally, as a manager, they must lead and empower staff to reach goals while implementing company policies and regulations.
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 planning and analysis and senior finance managers have different pay scales, as shown below.
| Manager Finance Planning And Analysis | Senior Finance Manager | |
| Average salary | $106,888 | $133,358 |
| Salary range | Between $76,000 And $148,000 | Between $95,000 And $185,000 |
| Highest paying City | San Bruno, CA | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Cravath | Roku |
| Best paying industry | Manufacturing | Professional |
There are a few differences between a manager finance planning and analysis and a senior finance manager in terms of educational background:
| Manager Finance Planning And Analysis | Senior Finance Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers finance planning and analysis' and senior finance managers' demographics:
| Manager Finance Planning And Analysis | Senior Finance Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 68.0% Female, 32.0% | Male, 70.3% Female, 29.7% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% 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% |