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Senior finance specialist vs specialist

The differences between senior finance specialists and specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior finance specialist, becoming a specialist takes usually requires 1-2 years. Additionally, a senior finance specialist has an average salary of $89,779, which is higher than the $58,013 average annual salary of a specialist.

The top three skills for a senior finance specialist include financial statements, financial data and financial analysis. The most important skills for a specialist are patients, customer service, and work ethic.

Senior finance specialist vs specialist overview

Senior Finance SpecialistSpecialist
Yearly salary$89,779$58,013
Hourly rate$43.16$27.89
Growth rate9%10%
Number of jobs71,214358,433
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 49%
Average age4042
Years of experience42

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 specialist do?

Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.

Senior finance specialist vs specialist salary

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

Senior Finance SpecialistSpecialist
Average salary$89,779$58,013
Salary rangeBetween $55,000 And $146,000Between $32,000 And $104,000
Highest paying CityNew York, NYJersey City, NJ
Highest paying stateNew YorkNew Jersey
Best paying companyZSThe Citadel
Best paying industryTelecommunication-

Differences between senior finance specialist and specialist education

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

Senior Finance SpecialistSpecialist
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Senior finance specialist vs specialist demographics

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

Senior Finance SpecialistSpecialist
Average age4042
Gender ratioMale, 47.9% Female, 52.1%Male, 47.5% Female, 52.5%
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, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4%
LGBT Percentage7%11%

Differences between senior finance specialist and 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.
  • Show more

Specialist example responsibilities.

  • Create, manage, and assist users with SharePoint sites.
  • Manage an on-site IRB and company good clinical practice (GCP) inspection.
  • Manage SharePoint sites by creating, editing, and customizing company sites, libraries and security.
  • Manage the building of accounts, assigning of static IP's, and scheduling of business class installations.
  • Convert servers from UNIX to Linux, all hardware diagnostics and repair including printers/plotters/desktops etc.
  • Follow safety procedures such as maintenance of all equipment (Telxon scanners, terminals and ladders).
  • Show more

Senior finance specialist vs 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 specialist skills
  • Patients, 15%
  • Customer Service, 11%
  • Work Ethic, 5%
  • Patient Care, 4%
  • Exceptional Client, 4%
  • Troubleshoot, 4%

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