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The differences between senior business finance analysts and senior business 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 business analyst. Additionally, a senior business finance analyst has an average salary of $98,262, which is higher than the $96,844 average annual salary of a senior business 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 business analyst are project management, business analysis, and data analysis.
| Senior Business Finance Analyst | Senior Business Analyst | |
| Yearly salary | $98,262 | $96,844 |
| Hourly rate | $47.24 | $46.56 |
| Growth rate | 9% | 9% |
| Number of jobs | 156,768 | 129,426 |
| Job satisfaction | - | 4 |
| 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 Business Analyst's responsibilities may vary upon the organization or company. However, most of the time, the duties will focus on overseeing a company's business operation to analyze risks and come up with strategies that would boost financial gains and company efficiency. A Senior Business Analyst will work closely with various teams while monitoring and evaluating their performance and progress, coordinate with departments, lead fellow skilled professionals, gather and analyze data, and identify opportunities. All while prioritizing customer satisfaction and adhering to the company policies and standards.
Senior business finance analysts and senior business analysts have different pay scales, as shown below.
| Senior Business Finance Analyst | Senior Business Analyst | |
| Average salary | $98,262 | $96,844 |
| Salary range | Between $72,000 And $133,000 | Between $72,000 And $129,000 |
| Highest paying City | San Francisco, CA | San Mateo, CA |
| Highest paying state | California | California |
| Best paying company | Avid | Meta |
| Best paying industry | Finance | Finance |
There are a few differences between a senior business finance analyst and a senior business analyst in terms of educational background:
| Senior Business Finance Analyst | Senior Business Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between senior business finance analysts' and senior business analysts' demographics:
| Senior Business Finance Analyst | Senior Business Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 56.0% Female, 44.0% |
| 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, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 11% |