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The differences between senior finance planning analysts and senior 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 senior finance analyst. Additionally, a senior finance planning analyst has an average salary of $87,863, which is higher than the $83,222 average annual salary of a senior 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 senior finance analyst are financial analysis, hyperion, and financial models.
| Senior Finance Planning Analyst | Senior Finance Analyst | |
| Yearly salary | $87,863 | $83,222 |
| Hourly rate | $42.24 | $40.01 |
| Growth rate | 9% | 9% |
| Number of jobs | 90,330 | 117,609 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 74% |
| Average age | 40 | 40 |
| 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.
A Senior Financial Analyst's role is to oversee the financial aspects and manage fellow analysts in a company. Among the tasks of a Senior Financial Analyst include conducting research and analysis, providing forecast in revenue and expenditures, creating financial models that would suit the company and project more sales, and take part in the planning of finances. Moreover, being a Senior Financial Analyst means leading a team of skilled professionals in the same field of expertise.
Senior finance planning analysts and senior finance analysts have different pay scales, as shown below.
| Senior Finance Planning Analyst | Senior Finance Analyst | |
| Average salary | $87,863 | $83,222 |
| Salary range | Between $64,000 And $120,000 | Between $62,000 And $110,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| Best paying company | Credit Karma | |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a senior finance planning analyst and a senior finance analyst in terms of educational background:
| Senior Finance Planning Analyst | Senior Finance Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 74% |
| Most common major | Finance | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior finance planning analysts' and senior finance analysts' demographics:
| Senior Finance Planning Analyst | Senior Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 66.5% Female, 33.5% | Male, 61.7% Female, 38.3% |
| 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |