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The differences between senior business finance analysts and senior finance consultants 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 consultant. Additionally, a senior business finance analyst has an average salary of $98,262, which is higher than the $97,689 average annual salary of a senior finance consultant.
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 consultant are financial analysis, project management, and financial services.
| Senior Business Finance Analyst | Senior Finance Consultant | |
| Yearly salary | $98,262 | $97,689 |
| Hourly rate | $47.24 | $46.97 |
| Growth rate | 9% | 9% |
| Number of jobs | 156,768 | 112,032 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| 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 finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.
Senior business finance analysts and senior finance consultants have different pay scales, as shown below.
| Senior Business Finance Analyst | Senior Finance Consultant | |
| Average salary | $98,262 | $97,689 |
| Salary range | Between $72,000 And $133,000 | Between $68,000 And $138,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Avid | Dell |
| Best paying industry | Finance | Technology |
There are a few differences between a senior business finance analyst and a senior finance consultant in terms of educational background:
| Senior Business Finance Analyst | Senior Finance Consultant | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior business finance analysts' and senior finance consultants' demographics:
| Senior Business Finance Analyst | Senior Finance Consultant | |
| Average age | 40 | 40 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 68.2% Female, 31.8% |
| 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% |