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The differences between senior finance analysts and senior finance consultants 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 senior finance consultant. Additionally, a senior finance consultant has an average salary of $97,689, 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 senior finance consultant are financial analysis, project management, and financial services.
| Senior Finance Analyst | Senior Finance Consultant | |
| Yearly salary | $83,222 | $97,689 |
| Hourly rate | $40.01 | $46.97 |
| Growth rate | 9% | 9% |
| Number of jobs | 117,609 | 112,032 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| 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 senior finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.
Senior finance analysts and senior finance consultants have different pay scales, as shown below.
| Senior Finance Analyst | Senior Finance Consultant | |
| Average salary | $83,222 | $97,689 |
| Salary range | Between $62,000 And $110,000 | Between $68,000 And $138,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Dell | |
| Best paying industry | Technology | Technology |
There are a few differences between a senior finance analyst and a senior finance consultant in terms of educational background:
| Senior Finance Analyst | Senior Finance Consultant | |
| 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 senior finance consultants' demographics:
| Senior Finance Analyst | Senior Finance Consultant | |
| Average age | 40 | 40 |
| Gender ratio | Male, 61.7% Female, 38.3% | Male, 68.2% Female, 31.8% |
| 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |