How to hire a senior business finance analyst

How to hire a senior business finance analyst, step by step

Here's a step-by-step senior business finance analyst hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a senior business finance analyst job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new senior business finance analyst
• Step 8: Go through the hiring process checklist

What does a senior business finance analyst do?

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1. Identify your hiring needs

   Before you start hiring a senior business finance analyst, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A senior business finance analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, senior business finance analysts from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   The following list breaks down different types of senior business finance analysts and their corresponding salaries.

   Type of Senior Business Finance Analyst	Description	Hourly rate
   Senior Business Finance Analyst	Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.	$34-63
   Finance Analyst-Operations Finance	Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances... Show more	$20-51
   Finance Systems Analyst	A finance systems analyst specializes in overseeing the financial systems in a company or business. Their responsibilities revolve around producing reports and presentations, liaising with the information technology team, maintaining information on databases, and monitoring and updating the financial systems... Show more	$30-55

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Financial Analysis
   • Project Management
   • Hyperion
   • Business Process
   • Process Improvement
   • SQL
   • Shared Services
   • Provide Management
   • SR
   • Portfolio
   • Financial Support
   • Business Analysis
   • Financial Models
   • ERP

   Check all skills

   Responsibilities:

   • Extract data and develop benchmark reports using Hyperion EssBase to analyze operational efficiency of manage and own properties.
   • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
   • Appoint team lead for the administrative Hyperion reporting upgrades.
   • Present findings and analysis to executive level management and work collaboratively with management in decision making processes regarding the asset portfolio.
   • Calculate, prepare, and post month end accruals, along with compilation of statistical measurements of the services provide.
   • Process monthly /quarterly revenue accruals for proper revenue recognition.

   More senior business finance analyst duties

3. Make a budget

   Including a salary range in your senior business finance analyst job description helps attract top candidates to the position. A senior business finance analyst salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

   For example, the average salary for a senior business finance analyst in Wisconsin may be lower than in California, and an entry-level senior business finance analyst usually earns less than a senior-level senior business finance analyst. Additionally, a senior business finance analyst with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

   Average senior business finance analyst salary

   $98,262yearly

   $47.24 hourly rate

   ---

   Entry-level senior business finance analyst salary

   $72,000 yearly salary

   Updated December 19, 2025

   Average senior business finance analyst salary by state

   Rank	State	Avg. salary	Hourly rate
   1	California	$132,516	$64
   2	New York	$111,296	$54
   3	Arizona	$110,931	$53
   4	New Jersey	$105,126	$51
   5	Michigan	$104,379	$50
   6	Washington	$102,296	$49
   7	District of Columbia	$98,708	$47
   8	Maryland	$97,090	$47
   9	Massachusetts	$96,798	$47
   10	Delaware	$95,558	$46
   11	Oregon	$95,289	$46
   12	Missouri	$94,007	$45
   13	Texas	$93,395	$45
   14	South Carolina	$90,488	$44
   15	Ohio	$88,480	$43
   16	Iowa	$88,335	$42
   17	North Carolina	$87,434	$42
   18	Virginia	$87,330	$42
   19	Indiana	$87,247	$42
   20	Florida	$83,448	$40

   Average senior business finance analyst salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Avid	$136,306	$65.53
   2	Citi	$133,419	$64.14	38
   3	Airbnb	$132,491	$63.70	1
   4	Apple	$130,797	$62.88	27
   5	Moody's	$125,964	$60.56	3
   6	VMware	$125,294	$60.24
   7	New Relic	$121,668	$58.49	2
   8	Invesco	$121,477	$58.40	5
   9	GCP Applied Technologies	$119,889	$57.64
   10	Fanatics	$118,820	$57.13	13
   11	JPMorgan Chase & Co.	$118,217	$56.84	356
   12	ICU Medical	$117,435	$56.46	3
   13	Nabors Industries	$114,087	$54.85	1
   14	HSBC Bank	$113,715	$54.67
   15	Applied Materials	$113,409	$54.52	38
   16	BMO Capital Markets	$113,342	$54.49	38
   17	Nabors Holding Company	$113,312	$54.48	2
   18	Bank of America	$111,468	$53.59	1,077
   19	Ernst & Young	$110,640	$53.19	938
   20	Nike	$109,769	$52.77	15

4. Writing a senior business finance analyst job description

   A good senior business finance analyst job description should include a few things:

   • Summary of the role
   • List of responsibilities
   • Required skills and experience

   Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a senior business finance analyst job description:

   Senior business finance analyst job description example

   At Exeter Finance, we are committed to helping customers find the right financing for their next vehicle purchase. By building strong relationships with our customers and network of dealer partners we are able to give options that make sense, getting customers behind the wheel of their car.
   
   Every team member is integral to our success. Whether you're at a servicing center helping customers with their loans, in the field building relationships with dealers, or supporting the company from its corporate offices, you'll enjoy a nurturing, invigorating and positive work environment.
   
   Our vision is to be a premier finance company and lender of choice known for its People, Performance and Service.
   Job Description
   
   Job Summary
   The Sr Financial Analytics Analyst is responsible for creating and managing reports, analysis, and processes that support the Accounting, Finance, and Treasury business units. This role relies on a strong business knowledge as well as data collection and manipulation skills to translate business needs into reporting and analysis.
   
   Job Duties
   Partner with business unit leaders and other stakeholders to provide reporting and analytics to create efficiencies, identify potential challenges, ensure accuracy, and gauge performance.Develop analytics regarding loan performance, including delinquency, prepayment, and loss mitigation. This includes identifying key drivers and actionable insights.Manage on-demand (ad hoc) reporting requests from the business units in order to support the changing needs of the business. Actively contributes to the utilization of reporting tools, technical skills/abilities and improve business knowledge.Provide guidance and direction to lower level analysts while ensuring processes conform to company standards.Contribute to the continued development of report automation. This will include identifying and supporting process improvement opportunities.Other duties as assigned.
   
   Education and Work Experience
   College degree in a job related field, or equivalent experience.Six (6) or more years of similar experience in an analytics or reporting role.Automobile lending experience is preferred.Advanced proficiency in Excel, VBA, SQL/SAS, and Data Mining/compiling.Ability to use appropriate analysis, judgment, and logic when solving issues, providing recommendations and making decisions.Quantitative skills, with ability to analyze detailed statistics, and summarize findings.Ability to apply industry knowledge and critical thinking skills while solving day-to-day problems.Strong analysis and reporting skills.Good communication skills, both written and verbal.Advanced problem solving skills.High competency with reporting tools and metrics.
   
   Exeter Finance LLC is an Equal Opportunity Employer.

   Copy this example

   

5. Post your job

   To find senior business finance analysts for your business, try out a few different recruiting strategies:

   • Consider internal talent. One of the most important talent pools for any company is its current employees.
   • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any senior business finance analysts they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level senior business finance analysts with the right educational background.
   • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.

   Post your job online:

   • Post your senior business finance analyst job on Zippia to find and recruit senior business finance analyst candidates who meet your exact specifications.
   • Use field-specific websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post a job on free websites.

6. Interview candidates

   During your first interview to recruit senior business finance analysts, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

   It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new senior business finance analyst

   Once you've selected the best senior business finance analyst candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

   You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

   To prepare for the new senior business finance analyst first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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