Accounting analyst vs control analyst

The differences between accounting analysts and control 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 accounting analyst and a control analyst. Additionally, a control analyst has an average salary of $69,598, which is higher than the $58,399 average annual salary of an accounting analyst.

The top three skills for an accounting analyst include reconciliations, customer service and account reconciliations. The most important skills for a control analyst are internal controls, risk assessments, and SOX.

Accounting analyst vs control analyst overview

	Accounting Analyst	Control Analyst
Yearly salary	$58,399	$69,598
Hourly rate	$28.08	$33.46
Growth rate	6%	11%
Number of jobs	81,097	133,321
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 69%
Average age	44	44
Years of experience	4	4

What does an accounting analyst do?

An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.

What does a control analyst do?

A control analyst is an individual who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.

Accounting analyst vs control analyst salary

Accounting analysts and control analysts have different pay scales, as shown below.

	Accounting Analyst	Control Analyst
Average salary	$58,399	$69,598
Salary range	Between $42,000 And $79,000	Between $50,000 And $95,000
Highest paying City	San Francisco, CA	Jersey City, NJ
Highest paying state	New York	Washington
Best paying company	Google	Meta
Best paying industry	Finance	Energy

Differences between accounting analyst and control analyst education

There are a few differences between an accounting analyst and a control analyst in terms of educational background:

	Accounting Analyst	Control Analyst
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 69%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	Northwestern University

Accounting analyst vs control analyst demographics

Here are the differences between accounting analysts' and control analysts' demographics:

	Accounting Analyst	Control Analyst
Average age	44	44
Gender ratio	Male, 41.6% Female, 58.4%	Male, 51.9% Female, 48.1%
Race ratio	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5%	Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.3% American Indian and Alaska Native, 0.2%
LGBT Percentage	7%	12%

Differences between accounting analyst and control analyst duties and responsibilities

Accounting analyst example responsibilities.

Manage and process all ACH, EFT and wire transfer transactions daily (debit or credits).
Manage reconciling monthly discrepancies between ERP transfers.
Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
Maintain accounting controls by following GAAP and internal accounting policies; maintain financial security by following internal controls.
Review and approve monthly general ledger and bank account reconciliations for special condition accounts to ensure procedural consistency and compliance.

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Control analyst example responsibilities.

Manage the implementation and roll-out of SharePoint as a team collaboration and document management tool.
Develop infrastructure to enable clients to better understand and manage risks associate with their decision environment to capture opportunities.
Transform the month-end calculation methodology and analysis process to provide a more accurate and detail fuel accruals and variance analysis.
Assist in SQL database applications development custom tailor for company s needs.
Provide ad hoc queries as requested by various areas within the bank (SQL).
Conduct UAT to make sure that all applications are tested for functionality and are adequately accept by users.

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Accounting analyst vs control analyst skills

Common accounting analyst skills

Reconciliations, 12%
Customer Service, 7%
Account Reconciliations, 6%
GAAP, 5%
Strong Analytical, 4%
Payroll, 4%

Common control analyst skills

Internal Controls, 8%
Risk Assessments, 6%
SOX, 5%
Internal Audit, 4%
Customer Service, 4%
Strong Analytical, 4%

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Updated January 8, 2025

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