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The differences between senior finance specialists and senior finance consultants 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 consultant. Additionally, a senior finance consultant has an average salary of $97,689, which is higher than the $89,779 average annual salary of a senior finance specialist.
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 consultant are financial analysis, project management, and financial services.
| Senior Finance Specialist | Senior Finance Consultant | |
| Yearly salary | $89,779 | $97,689 |
| Hourly rate | $43.16 | $46.97 |
| Growth rate | 9% | 9% |
| Number of jobs | 71,214 | 112,032 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| 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 finance consultant is responsible for helping clients manage their account portfolios, recommending investment options, and monitoring their finances. Senior finance consultants should have extensive knowledge of the financial industry, especially on working with clients and inform them of current financial services and strategize financial plans according to the clients' needs and best interests. They also respond to clients' inquiries and concerns regarding their account performance and financial discrepancies, resolving issues to achieve the clients' long-term financial goals and objectives.
Senior finance specialists and senior finance consultants have different pay scales, as shown below.
| Senior Finance Specialist | Senior Finance Consultant | |
| Average salary | $89,779 | $97,689 |
| Salary range | Between $55,000 And $146,000 | Between $68,000 And $138,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | ZS | Dell |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a senior finance specialist and a senior finance consultant in terms of educational background:
| Senior Finance Specialist | Senior Finance Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior finance specialists' and senior finance consultants' demographics:
| Senior Finance Specialist | Senior Finance Consultant | |
| Average age | 40 | 40 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 68.2% Female, 31.8% |
| 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% |