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Asset analyst vs finance analyst

The differences between asset analysts and finance 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 asset analyst and a finance analyst. Additionally, an asset analyst has an average salary of $72,242, which is higher than the $69,887 average annual salary of a finance analyst.

The top three skills for an asset analyst include asset management, fixed assets and real estate. The most important skills for a finance analyst are financial analysis, financial models, and financial data.

Asset analyst vs finance analyst overview

Asset AnalystFinance Analyst
Yearly salary$72,242$69,887
Hourly rate$34.73$33.60
Growth rate9%9%
Number of jobs67,864138,600
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does an asset analyst do?

Asset analysts are accounting professionals who specialize in the management of the company's assets. They maintain the company's record of assets. They ensure that their database is updated. They also ensure that all physical assets are properly maintained. Asset analysts prepare reports related to these assets and draft recommendations as needed. They also keep themselves updated on the current trends in both the industry and in the economic market. They should always be on the lookout for possible asset acquisitions to improve the company's economic standing.

What does a finance analyst do?

A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.

Asset analyst vs finance analyst salary

Asset analysts and finance analysts have different pay scales, as shown below.

Asset AnalystFinance Analyst
Average salary$72,242$69,887
Salary rangeBetween $47,000 And $109,000Between $46,000 And $104,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateMassachusettsConnecticut
Best paying companyPacific Investment Management Company LLCThe Citadel
Best paying industryFinanceFinance

Differences between asset analyst and finance analyst education

There are a few differences between an asset analyst and a finance analyst in terms of educational background:

Asset AnalystFinance Analyst
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Asset analyst vs finance analyst demographics

Here are the differences between asset analysts' and finance analysts' demographics:

Asset AnalystFinance Analyst
Average age4040
Gender ratioMale, 53.2% Female, 46.8%Male, 56.2% Female, 43.8%
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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between asset analyst and finance analyst duties and responsibilities

Asset analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Compare large data sets using SQL queries.
  • Streamline procedure of data scrubbing restrict securities and accounts, decreasing processing time.
  • Supervise payroll and benefits calculation, taxes submission, equipment inventory and other relate activities.
  • Resolve technical coding issue in GSEC entity where securities are being inaccurately release, decreasing deficit numbers and analysis time.
  • Perform in a multifacete role providing full-scale accounting and financial services, payroll management, database administration, and recording/reporting.
  • Show more

Finance analyst example responsibilities.

  • Manage company asset accounts, wire funds to clients and record and structure amounts into QuickBooks.
  • Manage the UAT team involve in the testing of an enterprise accounting and project management software.
  • Manage customer portfolio to department KPI's, target balance, aging metrics, cash recovery and write-off tolerance.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Manage and maintain information in worldwide-military database which include exemptions, transfers, retirements, and payroll records.
  • Accomplish project accounting functions including project costing, time reporting, project accruals and proper capitalization of development costs.
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Asset analyst vs finance analyst skills

Common asset analyst skills
  • Asset Management, 18%
  • Fixed Assets, 5%
  • Real Estate, 5%
  • Financial Statements, 4%
  • Securities, 4%
  • Process Improvement, 4%
Common finance analyst skills
  • Financial Analysis, 9%
  • Financial Models, 5%
  • Financial Data, 5%
  • Strong Analytical, 4%
  • Variance Analysis, 4%
  • Hyperion, 3%

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