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The differences between senior business finance analysts and senior finance 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 finance analyst. Additionally, a senior business finance analyst has an average salary of $98,262, which is higher than the $83,222 average annual salary of a senior 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 senior finance analyst are financial analysis, hyperion, and financial models.
| Senior Business Finance Analyst | Senior Finance Analyst | |
| Yearly salary | $98,262 | $83,222 |
| Hourly rate | $47.24 | $40.01 |
| Growth rate | 9% | 9% |
| Number of jobs | 156,768 | 117,609 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Average age | 40 | 40 |
| 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 Financial Analyst's role is to oversee the financial aspects and manage fellow analysts in a company. Among the tasks of a Senior Financial Analyst include conducting research and analysis, providing forecast in revenue and expenditures, creating financial models that would suit the company and project more sales, and take part in the planning of finances. Moreover, being a Senior Financial Analyst means leading a team of skilled professionals in the same field of expertise.
Senior business finance analysts and senior finance analysts have different pay scales, as shown below.
| Senior Business Finance Analyst | Senior Finance Analyst | |
| Average salary | $98,262 | $83,222 |
| Salary range | Between $72,000 And $133,000 | Between $62,000 And $110,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Avid | |
| Best paying industry | Finance | Technology |
There are a few differences between a senior business finance analyst and a senior finance analyst in terms of educational background:
| Senior Business Finance Analyst | Senior Finance Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 74% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior business finance analysts' and senior finance analysts' demographics:
| Senior Business Finance Analyst | Senior Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 61.7% Female, 38.3% |
| 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |