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The differences between senior directors of finance and senior finance analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a senior director of finance, becoming a senior finance analyst takes usually requires 2-4 years. Additionally, a senior director of finance has an average salary of $137,505, which is higher than the $83,222 average annual salary of a senior finance analyst.
The top three skills for a senior director of finance include SR, business development and financial management. The most important skills for a senior finance analyst are financial analysis, hyperion, and financial models.
| Senior Director Of Finance | Senior Finance Analyst | |
| Yearly salary | $137,505 | $83,222 |
| Hourly rate | $66.11 | $40.01 |
| Growth rate | 17% | 9% |
| Number of jobs | 98,470 | 117,609 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Average age | 46 | 40 |
| Years of experience | 8 | 4 |
The senior director of finance is responsible for the company's financial wellness. Finance directors are constituents of the senior executive team that incorporate operational and strategic roles, maintain accounting and financial control functions, and set up a financial strategy for the continued profitable growth of the business. Their responsibilities include supervising financial operations, managing and providing ongoing training to accounting personnel, and conducting the weekly and monthly financial evaluation. Also, the director will initiate budgets, allocate funds for capital projects, create annual financial plans and projections, as well as conduct an evaluation of financial risks and benefits on a business enterprise.
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 directors of finance and senior finance analysts have different pay scales, as shown below.
| Senior Director Of Finance | Senior Finance Analyst | |
| Average salary | $137,505 | $83,222 |
| Salary range | Between $88,000 And $212,000 | Between $62,000 And $110,000 |
| Highest paying City | Foster City, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Mayo Clinic | |
| Best paying industry | Pharmaceutical | Technology |
There are a few differences between a senior director of finance and a senior finance analyst in terms of educational background:
| Senior Director Of Finance | Senior Finance Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior directors of finance' and senior finance analysts' demographics:
| Senior Director Of Finance | Senior Finance Analyst | |
| Average age | 46 | 40 |
| Gender ratio | Male, 74.5% Female, 25.5% | Male, 61.7% Female, 38.3% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3% | 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 | 11% | 7% |