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Senior finance manager vs finance analyst-operations finance

The differences between senior finance managers and finances analyst-operations finances can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a senior finance manager, becoming a finance analyst-operations finance takes usually requires 2-4 years. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $67,736 average annual salary of a finance analyst-operations finance.

The top three skills for a senior finance manager include hyperion, financial performance and financial analysis. The most important skills for a finance analyst-operations finance are financial analysis, financial operations, and data analysis.

Senior finance manager vs finance analyst-operations finance overview

Senior Finance ManagerFinance Analyst-Operations Finance
Yearly salary$133,358$67,736
Hourly rate$64.11$32.57
Growth rate17%9%
Number of jobs139,639144,067
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 76%
Average age4640
Years of experience84

What does a senior finance manager do?

A senior finance manager is an individual who supervises financial department staff members as well as monitors the daily financial operations within a company. Senior finance managers must keep track of the financial status and performance of the company so that they can identify areas for potential improvement. They review financial data and prepare reports to be presented to the management to help them in their business decision making. Senior finance managers must also maintain policies within the company and should have a deep understanding of financial regulations and legislations.

What does a finance analyst-operations finance do?

Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances. They reconcile transactions through data comparison and correction. It is their duty to maintain the database through data input, verification, and backup. They produce presentations restating fiscal information used by supervisors, administrators, and others. This position requires skills in financial reporting, management, communications skills, and accounting qualification.

Senior finance manager vs finance analyst-operations finance salary

Senior finance managers and finances analyst-operations finances have different pay scales, as shown below.

Senior Finance ManagerFinance Analyst-Operations Finance
Average salary$133,358$67,736
Salary rangeBetween $95,000 And $185,000Between $42,000 And $108,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyRokuMeta
Best paying industryProfessionalPharmaceutical

Differences between senior finance manager and finance analyst-operations finance education

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

Senior Finance ManagerFinance Analyst-Operations Finance
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 76%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior finance manager vs finance analyst-operations finance demographics

Here are the differences between senior finance managers' and finances analyst-operations finances' demographics:

Senior Finance ManagerFinance Analyst-Operations Finance
Average age4640
Gender ratioMale, 70.3% Female, 29.7%Male, 58.4% Female, 41.6%
Race ratioBlack or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3%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 Percentage11%7%

Differences between senior finance manager and finance analyst-operations finance duties and responsibilities

Senior finance manager example responsibilities.

  • Manage regional treasury functions including coordination with international HQ for daily cash balance requirements.
  • Manage staff of financial analysts who perform divisional and branch portfolio and profit/loss analysis.
  • Manage Oracle/Hyperion application upgrade used to support the close, consolidate and report process within Oracle/PeopleSoft ERP environment.
  • Manage financial reporting in support of CEO/CFO/President with oversight for data integrity and consistency of reporting across enterprise.
  • Manage eight team members' activities including daily transaction processing, monthly reconciliations and analysis, and financial statement preparation
  • Manage senior financial analysts responsible for evaluating the financial risks of a portfolio of large property and casualty insurance programs.
  • Show more

Finance analyst-operations finance example responsibilities.

  • Lead HFM and Essbase implementation efforts, including training of field and headquarters personnel.
  • Work with capital project leads to ensure timely project closures, compliance with GAAP, and accurate recognition of depreciation expense.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Administer the completion of monthly and quarterly payroll schedules with variance explanations for senior management in HFM (Hyperion).
  • Utilize data manipulation tools such as SQL to aid in root cause analysis and solution identification.
  • Assist accounting with GAAP requirements and annual audit reporting (capital leases, unearn income, defer rent).
  • Show more

Senior finance manager vs finance analyst-operations finance skills

Common senior finance manager skills
  • Hyperion, 7%
  • Financial Performance, 5%
  • Financial Analysis, 5%
  • Business Development, 4%
  • SR, 4%
  • Financial Models, 4%
Common finance analyst-operations finance skills
  • Financial Analysis, 9%
  • Financial Operations, 6%
  • Data Analysis, 6%
  • Customer Service, 5%
  • Strong Analytical, 5%
  • Project Management, 5%

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