Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior business finance analysts and senior 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 senior analyst. Additionally, a senior business finance analyst has an average salary of $98,262, which is higher than the $84,799 average annual salary of a senior analyst.
The top three skills for a senior business finance analyst include financial analysis, project management and hyperion. The most important skills for a senior analyst are analytics, data analysis, and tableau.
| Senior Business Finance Analyst | Senior Analyst | |
| Yearly salary | $98,262 | $84,799 |
| Hourly rate | $47.24 | $40.77 |
| Growth rate | 9% | 11% |
| Number of jobs | 156,768 | 159,807 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 68% |
| Average age | 40 | 44 |
| 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 senior analyst's responsibilities will vary in every organization or industry. However, their primary role is to gain an understanding of a company's strengths and weaknesses. Through this, they can devise strategies and determine new opportunities that would be significant in attaining financial gains and a more substantial client base. Furthermore, it is a senior analyst's responsibility to coordinate with various departments, and even clients, to establish a rapport that will be essential in gaining the needed information to catapult a company to its finest.
Senior business finance analysts and senior analysts have different pay scales, as shown below.
| Senior Business Finance Analyst | Senior Analyst | |
| Average salary | $98,262 | $84,799 |
| Salary range | Between $72,000 And $133,000 | Between $63,000 And $112,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | New Jersey |
| Best paying company | Avid | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a senior business finance analyst and a senior analyst in terms of educational background:
| Senior Business Finance Analyst | Senior Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between senior business finance analysts' and senior analysts' demographics:
| Senior Business Finance Analyst | Senior Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 61.8% Female, 38.2% |
| 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, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |