Post job

Senior business finance analyst vs business manager-finance manager

The differences between senior business finance analysts and business manager-finance managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior business finance analyst, becoming a business manager-finance manager takes usually requires 6-8 years. Additionally, a business manager-finance manager has an average salary of $106,036, which is higher than the $98,262 average annual salary of a senior 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 manager-finance manager are financial analysis, project management, and financial management.

Senior business finance analyst vs business manager-finance manager overview

Senior Business Finance AnalystBusiness Manager-Finance Manager
Yearly salary$98,262$106,036
Hourly rate$47.24$50.98
Growth rate9%17%
Number of jobs156,768180,161
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 64%
Average age4046
Years of experience48

What does a senior business finance analyst do?

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.

What does a business manager-finance manager do?

A business manager/finance manager is responsible for handling the financial transactions of an organization, analyzing financial reports, and monitor investment activities. Business managers/finance managers strategize effective techniques to boost the organization's financial performance and identify business opportunities to increase revenues. They also prepare financial statements and assist senior management in making corporate decisions by conducting data and statistical analysis by studying market trends. A business manager/finance manager must have excellent critical thinking and analytical skills, especially in calculating costs and expenses to minimize the company's loss and stabilize profits.

Senior business finance analyst vs business manager-finance manager salary

Senior business finance analysts and business manager-finance managers have different pay scales, as shown below.

Senior Business Finance AnalystBusiness Manager-Finance Manager
Average salary$98,262$106,036
Salary rangeBetween $72,000 And $133,000Between $73,000 And $152,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyAvidZS
Best paying industryFinanceFinance

Differences between senior business finance analyst and business manager-finance manager education

There are a few differences between a senior business finance analyst and a business manager-finance manager in terms of educational background:

Senior Business Finance AnalystBusiness Manager-Finance Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior business finance analyst vs business manager-finance manager demographics

Here are the differences between senior business finance analysts' and business manager-finance managers' demographics:

Senior Business Finance AnalystBusiness Manager-Finance Manager
Average age4046
Gender ratioMale, 61.7% Female, 38.3%Male, 58.8% Female, 41.2%
Race ratioBlack 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between senior business finance analyst and business manager-finance manager duties and responsibilities

Senior business finance analyst example 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.
  • Show more

Business manager-finance manager example responsibilities.

  • Project manage implementation of ERP forecasting and budgeting system.
  • Manage accounting operations, accounting period closing, account reporting, and reconciliations.
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Identify several ongoing reporting mistakes and leverage accounting experience to determine and implement solutions to align with the standard accounting policy.
  • Execute all aspects of management including payroll, A/R, A/P and OSHA.
  • Establish, coordinate, and supervise treasury functions and international currency management for multiple foreign currency accounts in various countries.
  • Show more

Senior business finance analyst vs business manager-finance manager skills

Common senior business finance analyst skills
  • Financial Analysis, 9%
  • Project Management, 5%
  • Hyperion, 5%
  • Business Process, 5%
  • Process Improvement, 4%
  • SQL, 4%
Common business manager-finance manager skills
  • Financial Analysis, 12%
  • Project Management, 5%
  • Financial Management, 4%
  • Oversight, 4%
  • Shared Services, 3%
  • Process Improvement, 3%

Browse business and financial jobs