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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 | Manager Finance Planning And Analysis | |
| Yearly salary | $83,222 | $106,888 |
| Hourly rate | $40.01 | $51.39 |
| Growth rate | 9% | 17% |
| Number of jobs | 117,609 | 111,706 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Average age | 40 | 46 |
| Years of experience | 4 | 8 |
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 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 analysts and managers finance planning and analysis have different pay scales, as shown below.
| Senior Finance Analyst | Manager Finance Planning And Analysis | |
| Average salary | $83,222 | $106,888 |
| Salary range | Between $62,000 And $110,000 | Between $76,000 And $148,000 |
| Highest paying City | San Francisco, CA | San Bruno, CA |
| Highest paying state | California | Connecticut |
| Best paying company | Cravath | |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a senior finance analyst and a manager finance planning and analysis in terms of educational background:
| Senior Finance Analyst | Manager Finance Planning And Analysis | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior finance analysts' and managers finance planning and analysis' demographics:
| Senior Finance Analyst | Manager Finance Planning And Analysis | |
| Average age | 40 | 46 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 68.0% Female, 32.0% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.7% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |