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The differences between account analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an account analyst and an analyst. Additionally, an analyst has an average salary of $73,007, which is higher than the $55,829 average annual salary of an account analyst.
The top three skills for an account analyst include customer service, patients and financial statements. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Account Analyst | Analyst | |
| Yearly salary | $55,829 | $73,007 |
| Hourly rate | $26.84 | $35.10 |
| Growth rate | 6% | 11% |
| Number of jobs | 106,327 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Account analysts are responsible for analyzing account statements and financial transactions of an organization, resolving billing discrepancies, and managing account receivables. They assess the company's financial stability and identify opportunities to improve data analysis techniques by adhering to accounting principles and the company's operational protocols. Account analysts prepare financial reports, evaluate accounts payable, assist in tax audits, and release invoices. They should have excellent analytical and communication skills, especially on posting accurate account reports on the database.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Account analysts and analysts have different pay scales, as shown below.
| Account Analyst | Analyst | |
| Average salary | $55,829 | $73,007 |
| Salary range | Between $39,000 And $78,000 | Between $53,000 And $99,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | Venable | The Citadel |
| Best paying industry | Finance | Technology |
There are a few differences between an account analyst and an analyst in terms of educational background:
| Account Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between account analysts' and analysts' demographics:
| Account Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.0% Female, 62.0% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 8.9% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |