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The differences between senior business finance analysts and business & finance analysts 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 business finance analyst and a business & finance analyst. Additionally, a senior business finance analyst has an average salary of $98,262, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a senior business finance analyst include financial analysis, project management and hyperion. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Senior Business Finance Analyst | Business & Finance Analyst | |
| Yearly salary | $98,262 | $70,514 |
| Hourly rate | $47.24 | $33.90 |
| Growth rate | 9% | 9% |
| Number of jobs | 156,768 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A senior business finance analyst is responsible for monitoring the business and financial transactions of a company, ensuring that the operational processes and functions meet the regulatory requirements and standard procedures. Senior business finance analysts analyze the company's financial performance by conducting data and statistical analysis to strategize in minimizing loss and increasing the business' efficiency and productivity. They also identify business opportunities that would generate more revenue resources by following corporate trends to provide clients' needs and public demands.
A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.
Senior business finance analysts and business & finance analysts have different pay scales, as shown below.
| Senior Business Finance Analyst | Business & Finance Analyst | |
| Average salary | $98,262 | $70,514 |
| Salary range | Between $72,000 And $133,000 | Between $50,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Avid | |
| Best paying industry | Finance | Finance |
There are a few differences between a senior business finance analyst and a business & finance analyst in terms of educational background:
| Senior Business Finance Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior business finance analysts' and business & finance analysts' demographics:
| Senior Business Finance Analyst | Business & Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 55.6% Female, 44.4% |
| Race ratio | 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% | 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 Percentage | 7% | 7% |