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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 | Control Analyst | |
| Yearly salary | $83,222 | $69,598 |
| Hourly rate | $40.01 | $33.46 |
| Growth rate | 9% | 11% |
| Number of jobs | 117,609 | 133,321 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Average age | 40 | 44 |
| Years of experience | 4 | 4 |
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.
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 analysts and control analysts have different pay scales, as shown below.
| Senior Finance Analyst | Control Analyst | |
| Average salary | $83,222 | $69,598 |
| Salary range | Between $62,000 And $110,000 | Between $50,000 And $95,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | California | Washington |
| Best paying company | Meta | |
| Best paying industry | Technology | Energy |
There are a few differences between a senior finance analyst and a control analyst in terms of educational background:
| Senior Finance Analyst | Control Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between senior finance analysts' and control analysts' demographics:
| Senior Finance Analyst | Control Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 51.9% Female, 48.1% |
| Race ratio | 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% | 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 Percentage | 7% | 12% |