Asset management analyst vs contract analyst

The differences between asset management analysts and contract 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 management analyst and a contract analyst. Additionally, an asset management analyst has an average salary of $68,448, which is higher than the $54,544 average annual salary of a contract analyst.

The top three skills for an asset management analyst include asset management, portfolio and real estate. The most important skills for a contract analyst are customer service, contract management, and contract terms.

Asset management analyst vs contract analyst overview

	Asset Management Analyst	Contract Analyst
Yearly salary	$68,448	$54,544
Hourly rate	$32.91	$26.22
Growth rate	11%	9%
Number of jobs	137,566	58,593
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 67%
Average age	44	40
Years of experience	4	4

What does an asset management analyst do?

Asset management specialists are employees who oversee all of the company's assets. They ensure that all assets are in proper condition. Asset management specialists handle the asset management plan of the company. They organize capital investments, asset acquisitions, asset dispositions. They ensure that all paperwork involved is properly filed. They also ensure that all agreements made would be beneficial to the company. This would help them ensure the company's longevity in the business. Asset management specialists also develop recommendations on the company's existing assets and how the company can expand its asset portfolio.

What does a contract analyst do?

A contract analyst is primarily in charge of thoroughly reviewing contract terms and conditions, negotiating and addressing changes on behalf of a company or an individual, and avoiding financial disadvantages or any disputes. They are responsible for consulting with clients, analyzing clauses and liabilities, recommending amendments, documenting all transactions, and monitoring every change in the contract. Furthermore, there are instances when a contract analyst must coordinate with all department officers, advising them of any significant changes that the contracts might bring.

Asset management analyst vs contract analyst salary

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

	Asset Management Analyst	Contract Analyst
Average salary	$68,448	$54,544
Salary range	Between $46,000 And $100,000	Between $39,000 And $74,000
Highest paying City	Hartford, CT	Jersey City, NJ
Highest paying state	Connecticut	New Jersey
Best paying company	eBay	AstraZeneca
Best paying industry	Finance	Pharmaceutical

Differences between asset management analyst and contract analyst education

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

	Asset Management Analyst	Contract Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Asset management analyst vs contract analyst demographics

Here are the differences between asset management analysts' and contract analysts' demographics:

	Asset Management Analyst	Contract Analyst
Average age	44	40
Gender ratio	Male, 64.4% Female, 35.6%	Male, 41.2% Female, 58.8%
Race ratio	Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2%	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 Percentage	12%	7%

Differences between asset management analyst and contract analyst duties and responsibilities

Asset management analyst example responsibilities.

Modify and test data models design for remedy database used to manage inventory of hardware and software.
Manage all areas of PC physical inventory including remote site visits to audit for compliance with procedures and policies.
Manage SharePoint library and request accurately.
Prepare and post journal entries (re-classes, accruals, accrual reversals) and provide support documentation for month-end close.
Perform general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
Analyze CIP and review capital asset supporting documents.

Contract analyst example responsibilities.

Manage RFQ generation, proposal analysis, documentation, PO generation, and subcontractor and supplier follow-up.
Lead and educate internal stakeholders in the proper use of document review and approval processes using SharePoint document management tools.
Conduct internal audits of the company and audits of subcontractor performance and adherence to Medicare and Medicaid regulations.
Coordinate and monitor ethics training with NFA and vendor.
Identify issues and conduct investigations of ethics and compliance relate matters.
Develop and issue structured requests for information (RFI, RFQ, and RFP).

Asset management analyst vs contract analyst skills

Common asset management analyst skills

Asset Management, 17%
Portfolio, 8%
Real Estate, 6%
PowerPoint, 5%
Customer Service, 4%
Property Management, 4%

Common contract analyst skills

Customer Service, 10%
Contract Management, 8%
Contract Terms, 5%
SQL, 5%
HR, 4%
Data Entry, 4%

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Asset Management Analyst
Asset Management Analyst vs Contract Analyst

Updated January 8, 2025

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