Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior finance consultants and finance leaders 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 consultant, becoming a finance leader takes usually requires 6-8 years. Additionally, a finance leader has an average salary of $117,284, which is higher than the $97,689 average annual salary of a senior finance consultant.
The top three skills for a senior finance consultant include financial analysis, project management and financial services. The most important skills for a finance leader are financial analysis, financial management, and business development.
| Senior Finance Consultant | Finance Leader | |
| Yearly salary | $97,689 | $117,284 |
| Hourly rate | $46.97 | $56.39 |
| Growth rate | 9% | 17% |
| Number of jobs | 112,032 | 93,582 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Average age | 40 | 46 |
| Years of experience | 4 | 8 |
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.
The duties of a finance leader depend on one's place or industry of employment. Typically, their responsibilities revolve around monitoring the sales and financial operations in a company, preparing financial reports and statements, finding new sales opportunities, identifying the market and client needs, and maintaining records of all financial transactions. There are also instances where a finance leader may set and allocate budgets, perform audits in costs and expenditures, all while implementing the company's policies and regulations.
Senior finance consultants and finance leaders have different pay scales, as shown below.
| Senior Finance Consultant | Finance Leader | |
| Average salary | $97,689 | $117,284 |
| Salary range | Between $68,000 And $138,000 | Between $78,000 And $174,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Oregon |
| Best paying company | Dell | Apple |
| Best paying industry | Technology | Finance |
There are a few differences between a senior finance consultant and a finance leader in terms of educational background:
| Senior Finance Consultant | Finance Leader | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior finance consultants' and finance leaders' demographics:
| Senior Finance Consultant | Finance Leader | |
| Average age | 40 | 46 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 60.0% Female, 40.0% |
| 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, 14.2% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |