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Senior business finance analyst vs finance systems analyst

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 vs finance systems analyst overview

Senior Business Finance AnalystFinance Systems Analyst
Yearly salary$98,262$85,795
Hourly rate$47.24$41.25
Growth rate9%9%
Number of jobs156,768188,040
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 73%
Average age4043
Years of experience46

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 finance systems analyst do?

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 analyst vs finance systems analyst salary

Senior business finance analysts and finance systems analysts have different pay scales, as shown below.

Senior Business Finance AnalystFinance Systems Analyst
Average salary$98,262$85,795
Salary rangeBetween $72,000 And $133,000Between $63,000 And $116,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaOregon
Best paying companyAvidApple
Best paying industryFinanceTechnology

Differences between senior business finance analyst and finance systems analyst education

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

Senior Business Finance AnalystFinance Systems Analyst
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 73%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior business finance analyst vs finance systems analyst demographics

Here are the differences between senior business finance analysts' and finance systems analysts' demographics:

Senior Business Finance AnalystFinance Systems Analyst
Average age4043
Gender ratioMale, 61.7% Female, 38.3%Male, 55.7% Female, 44.3%
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, 10.2% Unknown, 5.0% Hispanic or Latino, 11.0% Asian, 14.6% White, 59.1% American Indian and Alaska Native, 0.2%
LGBT Percentage7%8%

Differences between senior business finance analyst and finance systems analyst 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

Finance systems analyst example responsibilities.

  • Document and manage project defects find in system testing with JIRA application.
  • Manage HFM applications, application security, metadata, rules, member lists, data forms, journals.
  • Maintain and manage database integrity for accurate report calculations.
  • Manage various SDLC projects involving cross-functional teams in a multi-platform environment.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Leverage advanced SQL and VBA skills to ensure accuracy and data integrity across these structures.
  • Show more

Senior business finance analyst vs finance systems analyst skills

Common senior business finance analyst skills
  • Financial Analysis, 9%
  • Project Management, 5%
  • Hyperion, 5%
  • Business Process, 5%
  • Process Improvement, 4%
  • SQL, 4%
Common finance systems analyst skills
  • Financial Systems, 11%
  • Hyperion, 5%
  • Customer Service, 5%
  • Project Management, 5%
  • BI, 3%
  • ERP, 3%

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