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Senior finance analyst vs manager finance planning and analysis

The differences between senior finance analysts and managers finance planning and analysis 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 manager finance planning and analysis takes usually requires 6-8 years. Additionally, a manager finance planning and analysis has an average salary of $106,888, 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 manager finance planning and analysis are financial performance, financial planning analysis, and financial analysis.

Senior finance analyst vs manager finance planning and analysis overview

Senior Finance AnalystManager Finance Planning And Analysis
Yearly salary$83,222$106,888
Hourly rate$40.01$51.39
Growth rate9%17%
Number of jobs117,609111,706
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 71%
Average age4046
Years of experience48

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 manager finance planning and analysis do?

A manager finance planning and analysis oversees the daily operations of a company's financial planning department. They typically have administrative duties such as setting goals and guidelines, establishing timelines and budgets, delegating tasks among teams and staff, and reviewing financial reports regularly. They also perform research and assessments, gather and analyze financial data from different departments, coordinate staff, and solve issues and concerns when any arise. Additionally, as a manager, they must lead and empower staff to reach goals while implementing company policies and regulations.

Senior finance analyst vs manager finance planning and analysis salary

Senior finance analysts and managers finance planning and analysis have different pay scales, as shown below.

Senior Finance AnalystManager Finance Planning And Analysis
Average salary$83,222$106,888
Salary rangeBetween $62,000 And $110,000Between $76,000 And $148,000
Highest paying CitySan Francisco, CASan Bruno, CA
Highest paying stateCaliforniaConnecticut
Best paying companyGoogleCravath
Best paying industryTechnologyManufacturing

Differences between senior finance analyst and manager finance planning and analysis education

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

Senior Finance AnalystManager Finance Planning And Analysis
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 71%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior finance analyst vs manager finance planning and analysis demographics

Here are the differences between senior finance analysts' and managers finance planning and analysis' demographics:

Senior Finance AnalystManager Finance Planning And Analysis
Average age4046
Gender ratioMale, 61.7% Female, 38.3%Male, 68.0% Female, 32.0%
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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between senior finance analyst and manager finance planning and analysis 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

Manager finance planning and analysis example responsibilities.

  • Manage staff analysis and reporting on GAAP operating results and statutory consolidation.
  • Evaluate and screen capital projects and business expansion initiatives achieving expect ROI and organizational success.
  • Manage capital projects, coordinate profit planning and annual business meetings, and co-manage SOX compliance implementation.
  • Manage payroll and control human resource expense budgets by identifying variance between budget and results and continuously improving working efficiency.
  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Implement 1st systematic forecast for balance sheet and cash flow in Hyperion planning providing senior management timely analysis for decision making.
  • Show more

Senior finance analyst vs manager finance planning and analysis 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 manager finance planning and analysis skills
  • Financial Performance, 8%
  • Financial Planning Analysis, 7%
  • Financial Analysis, 6%
  • Customer Service, 6%
  • Financial Models, 4%
  • Hyperion, 4%

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