Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior finance planning analysts and senior finance managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior finance planning analyst, becoming a senior finance manager takes usually requires 6-8 years. Additionally, a senior finance manager has an average salary of $133,358, which is higher than the $87,863 average annual salary of a senior finance 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 senior finance manager are hyperion, financial performance, and financial analysis.
| Senior Finance Planning Analyst | Senior Finance Manager | |
| Yearly salary | $87,863 | $133,358 |
| Hourly rate | $42.24 | $64.11 |
| Growth rate | 9% | 17% |
| Number of jobs | 90,330 | 139,639 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 68% |
| Average age | 40 | 46 |
| Years of experience | 4 | 8 |
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 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.
Senior finance planning analysts and senior finance managers have different pay scales, as shown below.
| Senior Finance Planning Analyst | Senior Finance Manager | |
| Average salary | $87,863 | $133,358 |
| Salary range | Between $64,000 And $120,000 | Between $95,000 And $185,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| Best paying company | Credit Karma | Roku |
| Best paying industry | Manufacturing | Professional |
There are a few differences between a senior finance planning analyst and a senior finance manager in terms of educational background:
| Senior Finance Planning Analyst | Senior Finance Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 68% |
| 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 managers' demographics:
| Senior Finance Planning Analyst | Senior Finance Manager | |
| Average age | 40 | 46 |
| Gender ratio | Male, 66.5% Female, 33.5% | Male, 70.3% Female, 29.7% |
| 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, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |