Post job

Senior finance specialist vs corporate finance analyst

The differences between senior finance specialists 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 specialist and a corporate finance analyst. Additionally, a senior finance specialist has an average salary of $89,779, which is higher than the $76,023 average annual salary of a corporate finance analyst.

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

Senior finance specialist vs corporate finance analyst overview

Senior Finance SpecialistCorporate Finance Analyst
Yearly salary$89,779$76,023
Hourly rate$43.16$36.55
Growth rate9%9%
Number of jobs71,214114,375
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does a senior finance specialist do?

A finance specialist sells products and services at a financial institution. Finance specialists meet with customers to have a better understanding of their respective needs. The specialists offer insight into the trends in the financial market. They provide a suggestion on optimization strategies. It is expected of them to share their insight into the potential models in the business. The necessary skills for this job include strong communication, management experience, financial management, and analytical thinking.

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 specialist vs corporate finance analyst salary

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

Senior Finance SpecialistCorporate Finance Analyst
Average salary$89,779$76,023
Salary rangeBetween $55,000 And $146,000Between $52,000 And $109,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkMichigan
Best paying companyZSGoogle
Best paying industryTelecommunicationFinance

Differences between senior finance specialist and corporate finance analyst education

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

Senior Finance SpecialistCorporate Finance Analyst
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior finance specialist vs corporate finance analyst demographics

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

Senior Finance SpecialistCorporate Finance Analyst
Average age4040
Gender ratioMale, 47.9% Female, 52.1%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 specialist and corporate finance analyst duties and responsibilities

Senior finance specialist example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Align all financial activity with the regulations of the GAAP.
  • Analyze technical financial problems and provide professional assistance and advice concerning their solutions using GAAP and GASB standards.
  • Administer accounts payable, accounts receivable, bank statements reconciliations and confirmations.
  • Monitor and maintain various account reconciliations for audit requirements, compliance controls, and other special analysis requests.
  • Handle the tasks of monitoring payroll activities and program components to ensure compliance with establish legal and administrative requirements.
  • Show more

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 specialist vs corporate finance analyst skills

Common senior finance specialist skills
  • Financial Statements, 13%
  • Financial Data, 6%
  • Financial Analysis, 6%
  • Calculation, 4%
  • Strong Analytical, 4%
  • Financial Management, 3%
Common corporate finance analyst skills
  • Financial Analysis, 8%
  • Strong Analytical, 7%
  • Financial Models, 7%
  • Hyperion, 4%
  • Balance Sheet, 4%
  • Due Diligence, 4%

Browse business and financial jobs