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The differences between senior business process analysts and business & 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 process analyst and a business & finance analyst. Additionally, a senior business process analyst has an average salary of $88,931, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a senior business process analyst include process improvement, project management and lean six sigma. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Senior Business Process Analyst | Business & Finance Analyst | |
| Yearly salary | $88,931 | $70,514 |
| Hourly rate | $42.76 | $33.90 |
| Growth rate | 11% | 9% |
| Number of jobs | 171,528 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
A senior business process analyst is an individual who is responsible for developing business process-related solutions for a company. Senior business process analysts must collaborate with the company's policy team to understand their processes and systems as well as identify areas for improvement. They need to work with multi-functional partners and execute project plans that will improve the team's efficiency and effectiveness. Collaborating with managers and partners, senior business process analyst must also provide the management and transparency reporting needs.
A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.
Senior business process analysts and business & finance analysts have different pay scales, as shown below.
| Senior Business Process Analyst | Business & Finance Analyst | |
| Average salary | $88,931 | $70,514 |
| Salary range | Between $66,000 And $119,000 | Between $50,000 And $99,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | Emergent BioSolutions | |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a senior business process analyst and a business & finance analyst in terms of educational background:
| Senior Business Process Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between senior business process analysts' and business & finance analysts' demographics:
| Senior Business Process Analyst | Business & Finance Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 53.0% Female, 47.0% | Male, 55.6% Female, 44.4% |
| Race ratio | Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 13.9% White, 64.8% American Indian and Alaska Native, 0.2% | 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 | 12% | 7% |