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Business solutions specialist vs funding specialist

The differences between business solutions specialists and funding specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business solutions specialist has an average salary of $109,100, which is higher than the $43,459 average annual salary of a funding specialist.

The top three skills for a business solutions specialist include technology solutions, business solutions and windows. The most important skills for a funding specialist are data entry, excellent organizational, and ACH.

Business solutions specialist vs funding specialist overview

Business Solutions SpecialistFunding Specialist
Yearly salary$109,100$43,459
Hourly rate$52.45$20.89
Growth rate11%-3%
Number of jobs121,00947,806
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 61%
Average age4444
Years of experience--

What does a business solutions specialist do?

Business solutions specialists' primary role is to collaborate with the management to comprehend the company's business problems and create effective solutions. They suggest ideas and business strategies to realize the company revenue goals. These business specialists work with the management to determine new business opportunities and design their business proposals. Also, they coordinate with project managers in arranging and implementing designated projects. In addition, they help ensure project requirements are understood and project deliverables match the requirements.

What does a funding specialist do?

A Funding Specialist is in charge of facilitating the funding procedures of a company. They mainly function by identifying the funding needs of projects and programs, conducting extensive research and analyses, and developing plans and strategies to secure funding, all while adhering to the company's policies and regulations. Moreover, aside from planning, a funding specialist is also responsible for liaising with internal and external parties, establishing budget guidelines, preparing and processing documents, and resolving issues promptly and efficiently should any arise.

Business solutions specialist vs funding specialist salary

Business solutions specialists and funding specialists have different pay scales, as shown below.

Business Solutions SpecialistFunding Specialist
Average salary$109,100$43,459
Salary rangeBetween $81,000 And $146,000Between $30,000 And $62,000
Highest paying CityOlympia, WAUrban Honolulu, HI
Highest paying stateWashingtonHawaii
Best paying companyRoss StoresNorthern Trust
Best paying industryTransportationFinance

Differences between business solutions specialist and funding specialist education

There are a few differences between a business solutions specialist and a funding specialist in terms of educational background:

Business Solutions SpecialistFunding Specialist
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Business solutions specialist vs funding specialist demographics

Here are the differences between business solutions specialists' and funding specialists' demographics:

Business Solutions SpecialistFunding Specialist
Average age4444
Gender ratioMale, 57.6% Female, 42.4%Male, 36.9% Female, 63.1%
Race ratioBlack or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage11%11%

Differences between business solutions specialist and funding specialist duties and responsibilities

Business solutions specialist example responsibilities.

  • Manage training and presentation collateral on SharePoint system, resulting in recycling of documentation for consistent messaging across enterprise.
  • Execute numerous presentations at national-level healthcare conferences
  • Improve LightSpeed POS deployment procedures producing faster turn around times and reduce costs.
  • Key player in testing ad functionality for new POS system and developing procedural documentation.
  • Enter requisitions and vouchers into PeopleSoft for payment of hospital items which cannot be purchase by credit card.
  • Execute numerous presentations at national-level healthcare conferences

Funding specialist example responsibilities.

  • Manage a variety of operational tasks for moderately complex securities transactions that require knowledge of vary systems and processes.
  • Assist the quantitative analyst in improving the work efficiency by optimizing VBA codes for the fund analysis.
  • Work daily with equities, fix income, futures, swaps, options, FX and other derivative instruments.
  • Facilitate month-end close processes, invoicing, journal entries and account reconciliations
  • Perform extensive market research in Bloomberg terminals and Capital-IQ to analyze companies.
  • Prepare PowerPoint presentations and updates of financial spreadsheets for internal and external distribution.
  • Show more

Business solutions specialist vs funding specialist skills

Common business solutions specialist skills
  • Technology Solutions, 17%
  • Business Solutions, 11%
  • Windows, 11%
  • User Acceptance, 8%
  • Customer Service, 8%
  • Customer Relationships, 8%
Common funding specialist skills
  • Data Entry, 11%
  • Excellent Organizational, 9%
  • ACH, 7%
  • Quality Customer Service, 6%
  • Escrow, 5%
  • Loan Packages, 4%

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