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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 | Specialist | |
| Yearly salary | $89,779 | $58,013 |
| Hourly rate | $43.16 | $27.89 |
| Growth rate | 9% | 10% |
| Number of jobs | 71,214 | 358,433 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 49% |
| Average age | 40 | 42 |
| Years of experience | 4 | 2 |
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.
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 specialists and specialists have different pay scales, as shown below.
| Senior Finance Specialist | Specialist | |
| Average salary | $89,779 | $58,013 |
| Salary range | Between $55,000 And $146,000 | Between $32,000 And $104,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | ZS | The Citadel |
| Best paying industry | Telecommunication | - |
There are a few differences between a senior finance specialist and a specialist in terms of educational background:
| Senior Finance Specialist | Specialist | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between senior finance specialists' and specialists' demographics:
| Senior Finance Specialist | Specialist | |
| Average age | 40 | 42 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 47.5% Female, 52.5% |
| 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, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 7% | 11% |