What does a senior finance consultant do?

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 consultant responsibilities
Here are examples of responsibilities from real senior finance consultant resumes:
- Manage contractor responsible for building a customize Hyperion Essbase cube.
- Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
- Review A/P & A/R aging with CFO weekly
- Train employees on using the state PeopleSoft system for travel expense reimbursement.
- Perform account adjustments, heavy reconciliation, as well as monthly closing of A/P, A/R and GL
- Participate in cash management decisions and treasury functions.
- Provide business consulting services in areas of ERP implementation.
- Prepare monthly treasury reporting package for distribution to senior management.
- Prepare analysis/variance reporting for balance sheet accounts in PeopleSoft general ledger.
- Supplement other auditing/consulting teams to assess client operations to ensure compliance with regulations including Sarbanes-Oxley rules.
- Present findings and analysis to executive level management and work collaboratively with management in decision making processes regarding the asset portfolio.
- Identify fraudulent checks and ACH withdrawals.
- Enter outgoing wires or initiate ACH debits for plans with self-direct brokerage activity.
- Supervise the maintenance of SOX compliance/planning and implementation.
- Compile SOX documentation by conducting process audits and collecting data.
Senior finance consultant skills and personality traits
We calculated that 7% of Senior Finance Consultants are proficient in Financial Analysis, Project Management, and Financial Services. They’re also known for soft skills such as Computer skills, Communication skills, and Detail oriented.
We break down the percentage of Senior Finance Consultants that have these skills listed on their resume here:
- Financial Analysis, 7%
Provided project financial analysis, benchmark dashboards//scorecards, headcount analysis, delivery schedules, risk analysis, and downtime analysis.
- Project Management, 6%
Assisted with project management, enhancement design, and delivering customized reports and interfaces with sub-systems.
- Financial Services, 5%
Mentored and trained new financial service representatives.
- Strong Analytical, 4%
Prepared weekly cash management/short-term cash flow models, long-term financial forecasts and departmental budgets utilizing strong analytical and MS excel skills.
- Shared Services, 4%
Created and updated security filters in Shared Services for various geographical regions.
- Risk Management, 3%
Supported and supervised cash management, cash forecasting and risk management functions related to the various petroleum product manufacturing units.
Common skills that a senior finance consultant uses to do their job include "financial analysis," "project management," and "financial services." You can find details on the most important senior finance consultant responsibilities below.
Computer skills. To carry out their duties, the most important skill for a senior finance consultant to have is computer skills. Their role and responsibilities require that "financial analysts must be adept at using software to analyze financial data and trends, create portfolios, and make forecasts." Senior finance consultants often use computer skills in their day-to-day job, as shown by this real resume: "performed reconciliations, variance analysis and bridges for computer software industry. "
Communication skills. Another essential skill to perform senior finance consultant duties is communication skills. Senior finance consultants responsibilities require that "financial analysts must be able to clearly explain their recommendations to clients." Senior finance consultants also use communication skills in their role according to a real resume snippet: "increased asset levels by 18 million through strong client relationships communication and trust. "
Detail oriented. This is an important skill for senior finance consultants to perform their duties. For an example of how senior finance consultant responsibilities depend on this skill, consider that "financial analysts must pay attention when reviewing a possible investment, as even small issues may have large implications for its health." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of a senior finance consultant: "produced detailed financial reports and interpreted them to clients. ".
Analytical skills. For certain senior finance consultant responsibilities to be completed, the job requires competence in "analytical skills." The day-to-day duties of a senior finance consultant rely on this skill, as "financial analysts must evaluate a range of information in finding profitable investments." For example, this snippet was taken directly from a resume about how this skill applies to what senior finance consultants do: "key clients include: morgan stanley, interactive data corporation, general motors asset management and bank of tokyo. "
Math skills. Another crucial skill for a senior finance consultant to carry out their responsibilities is "math skills." A big part of what senior finance consultants relies on this skill, since "financial analysts use mathematics to estimate the value of financial securities." How this skill relates to senior finance consultant duties can be seen in an example from a senior finance consultant resume snippet: "analyzed equity investments using quantitative methods derived by reviewing financial reports and key financial data. "
The three companies that hire the most senior finance consultants are:
- Deloitte596 senior finance consultants jobs
- Guidehouse368 senior finance consultants jobs
- Ernst & Young192 senior finance consultants jobs
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Senior finance consultant vs. Finance supervisor
A finance supervisor is typically in charge of overseeing the budgets and financial activities of a company. Among their responsibilities include coordinating with different departments to gather and analyze financial data, performing audits and assessments, preparing and presenting financial reports and budget plans, updating databases, and developing strategies to optimize the finance department's operations. Moreover, as a supervisor, it is essential to lead and encourage the finance staff to reach goals, all while enforcing the company's policies and regulations.
There are some key differences in the responsibilities of each position. For example, senior finance consultant responsibilities require skills like "project management," "financial services," "shared services," and "risk management." Meanwhile a typical finance supervisor has skills in areas such as "customer service," "patients," "work ethic," and "direct reports." This difference in skills reveals the differences in what each career does.
Finance supervisors really shine in the automotive industry with an average salary of $94,318. Comparatively, senior finance consultants tend to make the most money in the technology industry with an average salary of $100,438.finance supervisors tend to reach lower levels of education than senior finance consultants. In fact, finance supervisors are 7.2% less likely to graduate with a Master's Degree and 0.4% less likely to have a Doctoral Degree.Senior finance consultant vs. Finance leader
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.
While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that senior finance consultant responsibilities requires skills like "project management," "financial services," "risk management," and "client relationships." But a finance leader might use other skills in their typical duties, such as, "cost savings," "financial operations," "indirect tax," and "leveraged."
Finance leaders earn a higher average salary than senior finance consultants. But finance leaders earn the highest pay in the finance industry, with an average salary of $120,889. Additionally, senior finance consultants earn the highest salaries in the technology with average pay of $100,438 annually.Average education levels between the two professions vary. Finance leaders tend to reach similar levels of education than senior finance consultants. In fact, they're 0.6% more likely to graduate with a Master's Degree and 0.4% less likely to earn a Doctoral Degree.What technology do you think will become more important and prevalent for senior finance consultants in the next 3-5 years?
Nate Peach Ph.D.
Associate Professor of Economics, George Fox University
Senior finance consultant vs. Senior accountant analyst
As a senior accountant analyst, your main role is to provide professional guidance to a company. You need to have excellent preparation skills to create financial reports that clearly state the expenses and forecast the company's financial future. You should always aim for accuracy and compliance. Moreover, as a senior accountant analyst, you are supposed to give general operational assistance to the company's management.
Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from senior finance consultant resumes include skills like "project management," "financial services," "shared services," and "risk management," whereas a senior accountant analyst is more likely to list skills in "general ledger accounts," "balance sheet accounts," "accruals," and "income statement. "
Senior accountant analysts earn the highest salary when working in the finance industry, where they receive an average salary of $89,199. Comparatively, senior finance consultants have the highest earning potential in the technology industry, with an average salary of $100,438.senior accountant analysts typically earn lower educational levels compared to senior finance consultants. Specifically, they're 7.6% less likely to graduate with a Master's Degree, and 0.4% less likely to earn a Doctoral Degree.Senior finance consultant vs. Finance manager
A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
Even though a few skill sets overlap between senior finance consultants and finance managers, there are some differences that are important to note. For one, a senior finance consultant might have more use for skills like "project management," "financial services," "risk management," and "client relationships." Meanwhile, some responsibilities of finance managers require skills like "cpa," "customer service," "work ethic," and "strong work ethic. "
The finance industry tends to pay the highest salaries for finance managers, with average annual pay of $118,926. Comparatively, the highest senior finance consultant annual salary comes from the technology industry.In general, finance managers hold similar degree levels compared to senior finance consultants. Finance managers are 4.6% less likely to earn their Master's Degree and 0.2% less likely to graduate with a Doctoral Degree.Types of senior finance consultant
Updated January 8, 2025











