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Budget engineer vs senior cost analyst

The differences between budget engineers and senior cost analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a budget engineer and a senior cost analyst. Additionally, a budget engineer has an average salary of $79,218, which is higher than the $77,845 average annual salary of a senior cost analyst.

Budget engineer vs senior cost analyst overview

Budget EngineerSenior Cost Analyst
Yearly salary$79,218$77,845
Hourly rate$38.09$37.43
Growth rate3%3%
Number of jobs96353,872
Job satisfaction--
Most common degreeBachelor's Degree, 83%Bachelor's Degree, 78%
Average age4747
Years of experience44

Budget engineer vs senior cost analyst salary

Budget engineers and senior cost analysts have different pay scales, as shown below.

Budget EngineerSenior Cost Analyst
Average salary$79,218$77,845
Salary rangeBetween $43,000 And $145,000Between $57,000 And $105,000
Highest paying City-Washington, DC
Highest paying state-California
Best paying company-Apple
Best paying industry-Automotive

Differences between budget engineer and senior cost analyst education

There are a few differences between a budget engineer and a senior cost analyst in terms of educational background:

Budget EngineerSenior Cost Analyst
Most common degreeBachelor's Degree, 83%Bachelor's Degree, 78%
Most common majorEngineering And Industrial ManagementAccounting
Most common collegeNorthwestern UniversityUniversity of Pennsylvania

Budget engineer vs senior cost analyst demographics

Here are the differences between budget engineers' and senior cost analysts' demographics:

Budget EngineerSenior Cost Analyst
Average age4747
Gender ratioMale, 54.5% Female, 45.5%Male, 63.5% Female, 36.5%
Race ratioBlack or African American, 10.0% Unknown, 4.3% Hispanic or Latino, 10.6% Asian, 9.6% White, 64.5% American Indian and Alaska Native, 0.9%Black or African American, 10.1% Unknown, 4.5% Hispanic or Latino, 15.6% Asian, 7.9% White, 60.8% American Indian and Alaska Native, 1.0%
LGBT Percentage13%13%

Differences between budget engineer and senior cost analyst duties and responsibilities

Budget engineer example responsibilities.

  • Manage credit card revenue reporting and reconciliations for multiple credit card merchant accounts which include recommending and implementing process improvements.
  • Expedite and simplify the quotation process for solar water heating systems by accurately representing solar water heating system performance through MATLAB models
  • Perform periodic accounting activities including reconciliations of bank and credit card accounts, coordinate and complete annual audits as necessary.

Senior cost analyst example responsibilities.

  • Lead HFM and Essbase implementation efforts, including training of field and headquarters personnel.
  • Prepare and post journal entries, prepare balance sheet reconciliations and analysis of plant performance for presentation to internal management.
  • Work also include preliminary stages of SOX compliance and implementation at the plant level.
  • Run the entire tests for the SOX quarterly audit and check for any issue for the audit.
  • Finance representative on ERP system implementation team.
  • Prepare month-end accruals and perform month-end/year-end close.
  • Show more

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