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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 | Business Manager-Finance Manager | |
| Yearly salary | $98,262 | $106,036 |
| Hourly rate | $47.24 | $50.98 |
| Growth rate | 9% | 17% |
| Number of jobs | 156,768 | 180,161 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 64% |
| Average age | 40 | 46 |
| Years of experience | 4 | 8 |
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 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 analysts and business manager-finance managers have different pay scales, as shown below.
| Senior Business Finance Analyst | Business Manager-Finance Manager | |
| Average salary | $98,262 | $106,036 |
| Salary range | Between $72,000 And $133,000 | Between $73,000 And $152,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Avid | ZS |
| Best paying industry | Finance | Finance |
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 Analyst | Business Manager-Finance Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 64% |
| 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 manager-finance managers' demographics:
| Senior Business Finance Analyst | Business Manager-Finance Manager | |
| Average age | 40 | 46 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 58.8% Female, 41.2% |
| 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, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |