Senior Finance Analysts have a lot of responsibility on their hands. They're in charge of budgeting, helping with financial planning, prepping reports, and building financial models. But on top of all of that, they're also in charge of running a team. We're exhausted just thinking about it.
Like any other leadership position, senior finance analysts have to be able to communicate to their team in order to get goals accomplished. But you also will need these skills when working alongside executive-level team members. It'll come in handy when you assist with determining the company's investment direction and other company-wide policies.
This isn't a job that you can just walk in off the street and get. You'll have to put in the time and work to get here. Experience is the key to being a senior finance analyst. Not only will you need experience as a junior-level finance analyst, but you'll also need experience as a leader.
There is more than meets the eye when it comes to being a senior finance analyst. For example, did you know that they make an average of $42.08 an hour? That's $87,536 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.
There are certain skills that many senior finance analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, analytical skills and communication skills.
When it comes to the most important skills required to be a senior finance analyst, we found that a lot of resumes listed 23.0% of senior finance analysts included financial statements, while 5.4% of resumes included financial models, and 4.5% of resumes included business partners. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior finance analyst job title. But what industry to start with? Most senior finance analysts actually find jobs in the technology and finance industries.
If you're interested in becoming a senior finance analyst, one of the first things to consider is how much education you need. We've determined that 41.6% of senior finance analysts have a bachelor's degree. In terms of higher education levels, we found that 52.7% of senior finance analysts have master's degrees. Even though most senior finance analysts have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a senior finance analyst. When we researched the most common majors for a senior finance analyst, we found that they most commonly earn master's degree degrees or bachelor's degree degrees. Other degrees that we often see on senior finance analyst resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a senior finance analyst. In fact, many senior finance analyst jobs require experience in a role such as finance analyst. Meanwhile, many senior finance analysts also have previous career experience in roles such as senior accountant or staff accountant.