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Senior associate vs senior finance consultant

The differences between senior associates 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 senior associate and a senior finance consultant. Additionally, a senior finance consultant has an average salary of $97,689, which is higher than the $83,034 average annual salary of a senior associate.

The top three skills for a senior associate include project management, business development and powerpoint. The most important skills for a senior finance consultant are financial analysis, project management, and financial services.

Senior associate vs senior finance consultant overview

Senior AssociateSenior Finance Consultant
Yearly salary$83,034$97,689
Hourly rate$39.92$46.97
Growth rate8%9%
Number of jobs54,601112,032
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 71%
Average age4440
Years of experience44

What does a senior associate do?

The Responsibilities of a Senior Associate will depend on the line of organization or industry. Most of the time, the duties will revolve around conducting various testing and assessments, planning and analysis, developing innovative solutions to boost company productivity, and keeping an organized flow of documentation. Furthermore, it is the responsibility of a Senior to Associate to lead a team of skilled professionals and shape them with extensive knowledge while adhering to its policies and regulations.

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.

Senior associate vs senior finance consultant salary

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

Senior AssociateSenior Finance Consultant
Average salary$83,034$97,689
Salary rangeBetween $56,000 And $121,000Between $68,000 And $138,000
Highest paying CityJersey City, NJSan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companySheppard Mullin Richter & HamptonDell
Best paying industryFinanceTechnology

Differences between senior associate and senior finance consultant education

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

Senior AssociateSenior Finance Consultant
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior associate vs senior finance consultant demographics

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

Senior AssociateSenior Finance Consultant
Average age4440
Gender ratioMale, 55.6% Female, 44.4%Male, 68.2% Female, 31.8%
Race ratioBlack or African American, 10.5% Unknown, 6.5% Hispanic or Latino, 15.8% Asian, 6.2% White, 60.4% American Indian and Alaska Native, 0.5%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 Percentage12%7%

Differences between senior associate and senior finance consultant duties and responsibilities

Senior associate example responsibilities.

  • Ensure timely filing for all payer mix including, manage care, medicare and Medicaid.
  • Demonstrate work assessment and supervise the Midwest ISO in implementing a process driven model to achieve compliance against current energy tariff.
  • Lead team in successful internal implementation of integration of PeopleSoft with consultant billing system
  • Perform audit and reviews on diversify clientele involving examination of financial statements in accordance with GAAP and validating internal controls.
  • Conduct data analysis and visualization to support recommendation to shed the second largest business unit and return to core business model.
  • Audit and review appeals for medical necessity.
  • Show more

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.
  • Show more

Senior associate vs senior finance consultant skills

Common senior associate skills
  • Project Management, 6%
  • Business Development, 6%
  • PowerPoint, 5%
  • Financial Services, 3%
  • GAAP, 3%
  • Risk Management, 3%
Common senior finance consultant skills
  • Financial Analysis, 7%
  • Project Management, 6%
  • Financial Services, 5%
  • Strong Analytical, 4%
  • Shared Services, 4%
  • Risk Management, 3%

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