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Senior finance planning analyst vs corporate finance analyst

The differences between senior finance planning analysts and corporate finance analysts 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 planning analyst and a corporate finance analyst. Additionally, a senior finance planning analyst has an average salary of $87,863, which is higher than the $76,023 average annual salary of a corporate finance analyst.

The top three skills for a senior finance planning analyst include hyperion, financial analysis and financial planning analysis. The most important skills for a corporate finance analyst are financial analysis, strong analytical, and financial models.

Senior finance planning analyst vs corporate finance analyst overview

Senior Finance Planning AnalystCorporate Finance Analyst
Yearly salary$87,863$76,023
Hourly rate$42.24$36.55
Growth rate9%9%
Number of jobs90,330114,375
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does a senior finance planning analyst do?

A senior financial planning analyst is responsible for monitoring the financial situation and stability of the company by conducting data and statistical analysis from account statement reports and market trends. Senior financial planning analysts review cost and expense forecasting, budgeting for resource allocation, and resolve financial discrepancies that may affect business functions and operations. They also identify business opportunities to generate more revenues and increase the company's profitability, design an efficient financial database, and prepare organized financial and billing reports.

What does a corporate finance analyst do?

Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.

Senior finance planning analyst vs corporate finance analyst salary

Senior finance planning analysts and corporate finance analysts have different pay scales, as shown below.

Senior Finance Planning AnalystCorporate Finance Analyst
Average salary$87,863$76,023
Salary rangeBetween $64,000 And $120,000Between $52,000 And $109,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateOregonMichigan
Best paying companyCredit KarmaGoogle
Best paying industryManufacturingFinance

Differences between senior finance planning analyst and corporate finance analyst education

There are a few differences between a senior finance planning analyst and a corporate finance analyst in terms of educational background:

Senior Finance Planning AnalystCorporate Finance Analyst
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior finance planning analyst vs corporate finance analyst demographics

Here are the differences between senior finance planning analysts' and corporate finance analysts' demographics:

Senior Finance Planning AnalystCorporate Finance Analyst
Average age4040
Gender ratioMale, 66.5% Female, 33.5%Male, 63.5% Female, 36.5%
Race ratioBlack 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 Percentage7%7%

Differences between senior finance planning analyst and corporate finance analyst duties and responsibilities

Senior finance planning analyst example responsibilities.

  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Reconcile main Essbase data repository to correct annual operating profit discrepancies of $750k.
  • Improve business analysis, developing Essbase models adopt for all program approval evaluations.
  • Perform extensive modeling for service internalization, make-vs-buy decisions, ROI and scenario analyses.
  • Facilitate periodic forecast and annual plan submission process into Hyperion by partnering with MetLife s business units.
  • Collaborate with executives and financial managers from numerous cross-functional disciplines on high-level financial projections, reporting and Hyperion administration.
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Corporate finance analyst example responsibilities.

  • Lead finance project team to create site-wide (Essbase) reporting system under extremely tight deadlines.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Record related journal entries and general ledger account reconciliations and functions using journal entry and account reconciliation software tools.
  • Provide technical expertise in process design and implementation of the new Hyperion general ledger system and associate reports.
  • Reconstruct, modify and maintain operating expense planning model in HYPERION.
  • Reduce errors and rework in daily operations via visual basic (VBA) macros and SQL manipulation.
  • Show more

Senior finance planning analyst vs corporate finance analyst skills

Common senior finance planning analyst skills
  • Hyperion, 11%
  • Financial Analysis, 11%
  • Financial Planning Analysis, 8%
  • Financial Models, 6%
  • Ad-Hoc Analysis, 5%
  • Financial Data, 4%
Common corporate finance analyst skills
  • Financial Analysis, 8%
  • Strong Analytical, 7%
  • Financial Models, 7%
  • Hyperion, 4%
  • Balance Sheet, 4%
  • Due Diligence, 4%

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