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The differences between senior business finance analysts and finance systems analysts 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 finance systems analyst takes usually requires 4-6 years. Additionally, a senior business finance analyst has an average salary of $98,262, which is higher than the $85,795 average annual salary of a finance systems analyst.
The top three skills for a senior business finance analyst include financial analysis, project management and hyperion. The most important skills for a finance systems analyst are financial systems, hyperion, and customer service.
| Senior Business Finance Analyst | Finance Systems Analyst | |
| Yearly salary | $98,262 | $85,795 |
| Hourly rate | $47.24 | $41.25 |
| Growth rate | 9% | 9% |
| Number of jobs | 156,768 | 188,040 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 73% |
| Average age | 40 | 43 |
| Years of experience | 4 | 6 |
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 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. One must also handle spreadsheets and other files, modify menus, troubleshoot errors, and teach the finance staff how to use all courses for a smooth workflow. Furthermore, it is essential to implement all policies and regulations, ensuring all files' security within the database.
Senior business finance analysts and finance systems analysts have different pay scales, as shown below.
| Senior Business Finance Analyst | Finance Systems Analyst | |
| Average salary | $98,262 | $85,795 |
| Salary range | Between $72,000 And $133,000 | Between $63,000 And $116,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Oregon |
| Best paying company | Avid | Apple |
| Best paying industry | Finance | Technology |
There are a few differences between a senior business finance analyst and a finance systems analyst in terms of educational background:
| Senior Business Finance Analyst | Finance Systems Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 73% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior business finance analysts' and finance systems analysts' demographics:
| Senior Business Finance Analyst | Finance Systems Analyst | |
| Average age | 40 | 43 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 55.7% Female, 44.3% |
| 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, 10.2% Unknown, 5.0% Hispanic or Latino, 11.0% Asian, 14.6% White, 59.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 8% |