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The differences between senior finance specialists 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 specialist and a senior finance analyst. Additionally, a senior finance specialist has an average salary of $89,779, which is higher than the $83,222 average annual salary of a senior 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 senior finance analyst are financial analysis, hyperion, and financial models.
| Senior Finance Specialist | Senior Finance Analyst | |
| Yearly salary | $89,779 | $83,222 |
| Hourly rate | $43.16 | $40.01 |
| Growth rate | 9% | 9% |
| Number of jobs | 71,214 | 117,609 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 74% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
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.
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 specialists and senior finance analysts have different pay scales, as shown below.
| Senior Finance Specialist | Senior Finance Analyst | |
| Average salary | $89,779 | $83,222 |
| Salary range | Between $55,000 And $146,000 | Between $62,000 And $110,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | ZS | |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a senior finance specialist and a senior finance analyst in terms of educational background:
| Senior Finance Specialist | Senior Finance Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 74% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior finance specialists' and senior finance analysts' demographics:
| Senior Finance Specialist | Senior Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 47.9% Female, 52.1% | 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% |