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The differences between senior finance analysts and finance systems analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior finance analyst, becoming a finance systems analyst takes usually requires 4-6 years. Additionally, a finance systems analyst has an average salary of $85,795, which is higher than the $83,222 average annual salary of a senior finance analyst.
The top three skills for a senior finance analyst include financial analysis, hyperion and financial models. The most important skills for a finance systems analyst are financial systems, hyperion, and customer service.
| Senior Finance Analyst | Finance Systems Analyst | |
| Yearly salary | $83,222 | $85,795 |
| Hourly rate | $40.01 | $41.25 |
| Growth rate | 9% | 9% |
| Number of jobs | 117,609 | 188,040 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 73% |
| Average age | 40 | 43 |
| Years of experience | 4 | 6 |
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 systems analyst specializes in overseeing the financial systems in a company or business. Their responsibilities revolve around producing reports and presentations, liaising with the information technology team, maintaining information on databases, and monitoring and updating the financial systems. One must also handle spreadsheets and other files, modify menus, troubleshoot errors, and teach the finance staff how to use all courses for a smooth workflow. Furthermore, it is essential to implement all policies and regulations, ensuring all files' security within the database.
Senior finance analysts and finance systems analysts have different pay scales, as shown below.
| Senior Finance Analyst | Finance Systems Analyst | |
| Average salary | $83,222 | $85,795 |
| Salary range | Between $62,000 And $110,000 | Between $63,000 And $116,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Oregon |
| Best paying company | Apple | |
| Best paying industry | Technology | Technology |
There are a few differences between a senior finance analyst and a finance systems analyst in terms of educational background:
| Senior Finance Analyst | Finance Systems Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 73% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior finance analysts' and finance systems analysts' demographics:
| Senior Finance Analyst | Finance Systems Analyst | |
| Average age | 40 | 43 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 55.7% Female, 44.3% |
| 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, 10.2% Unknown, 5.0% Hispanic or Latino, 11.0% Asian, 14.6% White, 59.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 8% |