Post job

Manager finance planning and analysis vs senior finance manager

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 vs senior finance manager overview

Manager Finance Planning And AnalysisSenior Finance Manager
Yearly salary$106,888$133,358
Hourly rate$51.39$64.11
Growth rate17%17%
Number of jobs111,706139,639
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Average age4646
Years of experience88

What does a manager finance planning and analysis do?

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.

What does a senior finance manager do?

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.

Manager finance planning and analysis vs senior finance manager salary

Managers finance planning and analysis and senior finance managers have different pay scales, as shown below.

Manager Finance Planning And AnalysisSenior Finance Manager
Average salary$106,888$133,358
Salary rangeBetween $76,000 And $148,000Between $95,000 And $185,000
Highest paying CitySan Bruno, CASan Francisco, CA
Highest paying stateConnecticutCalifornia
Best paying companyCravathRoku
Best paying industryManufacturingProfessional

Differences between manager finance planning and analysis and senior finance manager education

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 AnalysisSenior Finance Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Manager finance planning and analysis vs senior finance manager demographics

Here are the differences between managers finance planning and analysis' and senior finance managers' demographics:

Manager Finance Planning And AnalysisSenior Finance Manager
Average age4646
Gender ratioMale, 68.0% Female, 32.0%Male, 70.3% Female, 29.7%
Race ratioBlack 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 Percentage11%11%

Differences between manager finance planning and analysis and senior finance manager duties and responsibilities

Manager finance planning and analysis example responsibilities.

  • Manage staff analysis and reporting on GAAP operating results and statutory consolidation.
  • Evaluate and screen capital projects and business expansion initiatives achieving expect ROI and organizational success.
  • Manage capital projects, coordinate profit planning and annual business meetings, and co-manage SOX compliance implementation.
  • Manage payroll and control human resource expense budgets by identifying variance between budget and results and continuously improving working efficiency.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Implement 1st systematic forecast for balance sheet and cash flow in Hyperion planning providing senior management timely analysis for decision making.
  • Show more

Senior finance manager example responsibilities.

  • Manage regional treasury functions including coordination with international HQ for daily cash balance requirements.
  • Manage staff of financial analysts who perform divisional and branch portfolio and profit/loss analysis.
  • Manage Oracle/Hyperion application upgrade used to support the close, consolidate and report process within Oracle/PeopleSoft ERP environment.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Manage eight team members' activities including daily transaction processing, monthly reconciliations and analysis, and financial statement preparation
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Show more

Manager finance planning and analysis vs senior finance manager skills

Common manager finance planning and analysis skills
  • Financial Performance, 8%
  • Financial Planning Analysis, 7%
  • Financial Analysis, 6%
  • Customer Service, 6%
  • Financial Models, 4%
  • Hyperion, 4%
Common senior finance manager skills
  • Hyperion, 7%
  • Financial Performance, 5%
  • Financial Analysis, 5%
  • Business Development, 4%
  • SR, 4%
  • Financial Models, 4%

Browse executive management jobs