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Senior finance analyst vs control analyst

The differences between senior finance analysts and control 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 finance analyst and a control analyst. Additionally, a senior finance analyst has an average salary of $83,222, which is higher than the $69,598 average annual salary of a control analyst.

The top three skills for a senior finance analyst include financial analysis, hyperion and financial models. The most important skills for a control analyst are internal controls, risk assessments, and SOX.

Senior finance analyst vs control analyst overview

Senior Finance AnalystControl Analyst
Yearly salary$83,222$69,598
Hourly rate$40.01$33.46
Growth rate9%11%
Number of jobs117,609133,321
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 69%
Average age4044
Years of experience44

What does a senior finance analyst do?

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.

What does a control analyst do?

A control analyst is an individual who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.

Senior finance analyst vs control analyst salary

Senior finance analysts and control analysts have different pay scales, as shown below.

Senior Finance AnalystControl Analyst
Average salary$83,222$69,598
Salary rangeBetween $62,000 And $110,000Between $50,000 And $95,000
Highest paying CitySan Francisco, CAJersey City, NJ
Highest paying stateCaliforniaWashington
Best paying companyGoogleMeta
Best paying industryTechnologyEnergy

Differences between senior finance analyst and control analyst education

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

Senior Finance AnalystControl Analyst
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 69%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Senior finance analyst vs control analyst demographics

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

Senior Finance AnalystControl Analyst
Average age4044
Gender ratioMale, 61.7% Female, 38.3%Male, 51.9% Female, 48.1%
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, 8.3% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.3% American Indian and Alaska Native, 0.2%
LGBT Percentage7%12%

Differences between senior finance analyst and control analyst duties and responsibilities

Senior finance analyst example responsibilities.

  • Used SharePoint repository to manage all project documents.
  • Manage deployment of SQL databases across multiple platforms within a secure environment focusing on security and data integrity.
  • Leverage and improve key performance indicators to drive portfolio management to core business team leads and executive sponsors.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Validate data in Hyperion EssBase for implementation.
  • Perform month end accounting close activities including preparation of accruals and monthly financial analysis reports for business unit management.
  • Show more

Control analyst example responsibilities.

  • Manage the implementation and roll-out of SharePoint as a team collaboration and document management tool.
  • Develop infrastructure to enable clients to better understand and manage risks associate with their decision environment to capture opportunities.
  • Transform the month-end calculation methodology and analysis process to provide a more accurate and detail fuel accruals and variance analysis.
  • Assist in SQL database applications development custom tailor for company s needs.
  • Provide ad hoc queries as requested by various areas within the bank (SQL).
  • Conduct UAT to make sure that all applications are tested for functionality and are adequately accept by users.
  • Show more

Senior finance analyst vs control analyst skills

Common senior finance analyst skills
  • Financial Analysis, 12%
  • Hyperion, 5%
  • Financial Models, 5%
  • Strong Analytical, 4%
  • Variance Analysis, 4%
  • Ad-Hoc Analysis, 4%
Common control analyst skills
  • Internal Controls, 8%
  • Risk Assessments, 6%
  • SOX, 5%
  • Internal Audit, 4%
  • Customer Service, 4%
  • Strong Analytical, 4%

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