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The differences between senior finance analysts and finance management 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 finance management analyst. Additionally, a senior finance analyst has an average salary of $83,222, which is higher than the $71,934 average annual salary of a finance management analyst.
The top three skills for a senior finance analyst include financial analysis, hyperion and financial models. The most important skills for a finance management analyst are financial management, financial issues, and management reports.
| Senior Finance Analyst | Finance Management Analyst | |
| Yearly salary | $83,222 | $71,934 |
| Hourly rate | $40.01 | $34.58 |
| Growth rate | 9% | 11% |
| Number of jobs | 117,609 | 184,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 72% |
| 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 finance management analyst specializes in performing extensive research and analysis to devise strategies that can help a company achieve its long-term financial goals. Their responsibilities typically revolve around having an in-depth understanding of the company and its services, gathering and reviewing its financial history and other portfolios, and determining investment opportunities to earn a significant profit. Furthermore, a finance management analyst must report their findings and present action plans, providing a comprehensive explanation to officials, all while adhering to the company's policies and regulations.
Senior finance analysts and finance management analysts have different pay scales, as shown below.
| Senior Finance Analyst | Finance Management Analyst | |
| Average salary | $83,222 | $71,934 |
| Salary range | Between $62,000 And $110,000 | Between $49,000 And $104,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | New York |
| Best paying company | Apple | |
| Best paying industry | Technology | Government |
There are a few differences between a senior finance analyst and a finance management analyst in terms of educational background:
| Senior Finance Analyst | Finance Management Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 72% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between senior finance analysts' and finance management analysts' demographics:
| Senior Finance Analyst | Finance Management Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 54.2% Female, 45.8% |
| 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |