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Senior finance specialist vs finance analyst-operations finance

The differences between senior finance specialists and finances analyst-operations finances 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 finance analyst-operations finance. Additionally, a senior finance specialist has an average salary of $89,779, which is higher than the $67,736 average annual salary of a finance analyst-operations finance.

The top three skills for a senior finance specialist include financial statements, financial data and financial analysis. The most important skills for a finance analyst-operations finance are financial analysis, financial operations, and data analysis.

Senior finance specialist vs finance analyst-operations finance overview

Senior Finance SpecialistFinance Analyst-Operations Finance
Yearly salary$89,779$67,736
Hourly rate$43.16$32.57
Growth rate9%9%
Number of jobs71,214144,067
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 finance analyst-operations finance do?

Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances. They reconcile transactions through data comparison and correction. It is their duty to maintain the database through data input, verification, and backup. They produce presentations restating fiscal information used by supervisors, administrators, and others. This position requires skills in financial reporting, management, communications skills, and accounting qualification.

Senior finance specialist vs finance analyst-operations finance salary

Senior finance specialists and finances analyst-operations finances have different pay scales, as shown below.

Senior Finance SpecialistFinance Analyst-Operations Finance
Average salary$89,779$67,736
Salary rangeBetween $55,000 And $146,000Between $42,000 And $108,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyZSMeta
Best paying industryTelecommunicationPharmaceutical

Differences between senior finance specialist and finance analyst-operations finance education

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

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

Senior finance specialist vs finance analyst-operations finance demographics

Here are the differences between senior finance specialists' and finances analyst-operations finances' demographics:

Senior Finance SpecialistFinance Analyst-Operations Finance
Average age4040
Gender ratioMale, 47.9% Female, 52.1%Male, 58.4% Female, 41.6%
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 finance analyst-operations finance 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.
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Finance analyst-operations finance example responsibilities.

  • Lead HFM and Essbase implementation efforts, including training of field and headquarters personnel.
  • Work with capital project leads to ensure timely project closures, compliance with GAAP, and accurate recognition of depreciation expense.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Administer the completion of monthly and quarterly payroll schedules with variance explanations for senior management in HFM (Hyperion).
  • Utilize data manipulation tools such as SQL to aid in root cause analysis and solution identification.
  • Assist accounting with GAAP requirements and annual audit reporting (capital leases, unearn income, defer rent).
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Senior finance specialist vs finance analyst-operations finance skills

Common senior finance specialist skills
  • Financial Statements, 13%
  • Financial Data, 6%
  • Financial Analysis, 6%
  • Calculation, 4%
  • Strong Analytical, 4%
  • Financial Management, 3%
Common finance analyst-operations finance skills
  • Financial Analysis, 9%
  • Financial Operations, 6%
  • Data Analysis, 6%
  • Customer Service, 5%
  • Strong Analytical, 5%
  • Project Management, 5%

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