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Senior finance specialist vs senior specialist

The differences between senior finance specialists and senior specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior specialist has an average salary of $92,360, 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 specialist are customer service, patients, and SR.

Senior finance specialist vs senior specialist overview

Senior Finance SpecialistSenior Specialist
Yearly salary$89,779$92,360
Hourly rate$43.16$44.40
Growth rate9%10%
Number of jobs71,21480,308
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 64%
Average age4044
Years of experience4-

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 senior specialist do?

A senior specialist is a financial professional responsible for assisting senior citizens in managing their economic activities. Senior specialists must manage a portfolio of investors to ensure that foreclosed properties are ready for title transfer and monetary reimbursements. To reach compliance goals, senior specialists must provide staff training on Microsoft Office suite and other software applications. They also handle customer complaints through phone or email and provide their customer with the proper solution.

Senior finance specialist vs senior specialist salary

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

Senior Finance SpecialistSenior Specialist
Average salary$89,779$92,360
Salary rangeBetween $55,000 And $146,000Between $63,000 And $134,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyZSCheniere Energy
Best paying industryTelecommunicationPharmaceutical

Differences between senior finance specialist and senior specialist education

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

Senior Finance SpecialistSenior Specialist
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Senior finance specialist vs senior specialist demographics

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

Senior Finance SpecialistSenior Specialist
Average age4044
Gender ratioMale, 47.9% Female, 52.1%Male, 51.4% Female, 48.6%
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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage7%11%

Differences between senior finance specialist and senior specialist 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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Senior specialist example responsibilities.

  • Manage the JSC QMS system.
  • Lead special projects, train and mentore lean sigma teams.
  • Manage capacity planning activities for UAT and production environment.
  • Manage coordination, implementation and installation of next generation telemarketing system, an nt-base, client server environment.
  • Assist in the setup of the Documentum ACLs for WPS & QA and WPS, such that duplication doesn't occur.
  • Maintain awareness of HIPAA, SOX, GLB and other regulatory statues ensuring compliance within the work group.
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Senior finance specialist vs senior specialist skills

Common senior finance specialist skills
  • Financial Statements, 13%
  • Financial Data, 6%
  • Financial Analysis, 6%
  • Calculation, 4%
  • Strong Analytical, 4%
  • Financial Management, 3%
Common senior specialist skills
  • Customer Service, 10%
  • Patients, 9%
  • SR, 8%
  • Java, 6%
  • Project Management, 5%
  • PowerPoint, 5%

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