Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior finance planning analysts and planning 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 planning analyst. Additionally, a senior finance planning analyst has an average salary of $87,863, which is higher than the $68,137 average annual salary of a planning 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 planning analyst are project management, customer service, and data analysis.
| Senior Finance Planning Analyst | Planning Analyst | |
| Yearly salary | $87,863 | $68,137 |
| Hourly rate | $42.24 | $32.76 |
| Growth rate | 9% | 11% |
| Number of jobs | 90,330 | 92,380 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 40 | 44 |
| Years of experience | 4 | 4 |
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.
As a planning analyst, you will be responsible for designing and implementing a company's business and marketing strategies with the goal of driving profits and reducing costs. You will propose measures to enhance an organization's overall efficiency, and guide managers on ways to strengthen profit margins through risk awareness reduced costs, and increased revenues. Other duties include conducting risk analyses to identify areas of potential failure, maintaining the business continuity program, and handling internal and external corporate communications with the investment community and industry analysts.
Senior finance planning analysts and planning analysts have different pay scales, as shown below.
| Senior Finance Planning Analyst | Planning Analyst | |
| Average salary | $87,863 | $68,137 |
| Salary range | Between $64,000 And $120,000 | Between $49,000 And $93,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | Oregon | Rhode Island |
| Best paying company | Credit Karma | Meta |
| Best paying industry | Manufacturing | Automotive |
There are a few differences between a senior finance planning analyst and a planning analyst in terms of educational background:
| Senior Finance Planning Analyst | Planning Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between senior finance planning analysts' and planning analysts' demographics:
| Senior Finance Planning Analyst | Planning Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 66.5% Female, 33.5% | Male, 53.4% Female, 46.6% |
| 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.6% White, 65.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |