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Senior business finance analyst vs senior finance consultant

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 vs senior finance consultant overview

Senior Business Finance AnalystSenior Finance Consultant
Yearly salary$98,262$97,689
Hourly rate$47.24$46.97
Growth rate9%9%
Number of jobs156,768112,032
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 71%
Average age4040
Years of experience44

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 senior finance consultant do?

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 analyst vs senior finance consultant salary

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

Senior Business Finance AnalystSenior Finance Consultant
Average salary$98,262$97,689
Salary rangeBetween $72,000 And $133,000Between $68,000 And $138,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyAvidDell
Best paying industryFinanceTechnology

Differences between senior business finance analyst and senior finance consultant education

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

Senior Business Finance AnalystSenior Finance Consultant
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior business finance analyst vs senior finance consultant demographics

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

Senior Business Finance AnalystSenior Finance Consultant
Average age4040
Gender ratioMale, 61.7% Female, 38.3%Male, 68.2% Female, 31.8%
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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between senior business finance analyst and senior finance consultant 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

Senior finance consultant example responsibilities.

  • Manage contractor responsible for building a customize Hyperion Essbase cube.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Review A/P & A/R aging with CFO weekly
  • Train employees on using the state PeopleSoft system for travel expense reimbursement.
  • Perform account adjustments, heavy reconciliation, as well as monthly closing of A/P, A/R and GL
  • Participate in cash management decisions and treasury functions.
  • Show more

Senior business finance analyst vs senior finance consultant skills

Common senior business finance analyst skills
  • Financial Analysis, 9%
  • Project Management, 5%
  • Hyperion, 5%
  • Business Process, 5%
  • Process Improvement, 4%
  • SQL, 4%
Common senior finance consultant skills
  • Financial Analysis, 7%
  • Project Management, 6%
  • Financial Services, 5%
  • Strong Analytical, 4%
  • Shared Services, 4%
  • Risk Management, 3%

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