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The differences between buying analysts and control analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a buying analyst, becoming a control analyst takes usually requires 2-4 years. Additionally, a buying analyst has an average salary of $77,425, which is higher than the $69,598 average annual salary of a control analyst.
The top three skills for a buying analyst include purchase orders, delivery schedules and MRP. The most important skills for a control analyst are internal controls, risk assessments, and SOX.
| Buying Analyst | Control Analyst | |
| Yearly salary | $77,425 | $69,598 |
| Hourly rate | $37.22 | $33.46 |
| Growth rate | 11% | 11% |
| Number of jobs | 22,966 | 133,321 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 69% |
| Average age | 48 | 44 |
| Years of experience | 6 | 4 |
A buying analyst specializes in conducting extensive market research and analysis to develop conclusions and recommendations that will help companies in making purchase decisions. They focus on studying the suppliers and competing companies, gathering and analyzing consumer feedback, performing audits and risk assessments, and making forecast models. They may also assess and evaluate external parties, such as vendors and distributors. Through the findings of their research, a buying analyst may also help in establishing guidelines, protocols, and methods to optimize business operations and develop solutions against problem areas.
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.
Buying analysts and control analysts have different pay scales, as shown below.
| Buying Analyst | Control Analyst | |
| Average salary | $77,425 | $69,598 |
| Salary range | Between $52,000 And $113,000 | Between $50,000 And $95,000 |
| Highest paying City | Palo Alto, CA | Jersey City, NJ |
| Highest paying state | Washington | Washington |
| Best paying company | YellowHammer | Meta |
| Best paying industry | Finance | Energy |
There are a few differences between a buying analyst and a control analyst in terms of educational background:
| Buying Analyst | Control Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between buying analysts' and control analysts' demographics:
| Buying Analyst | Control Analyst | |
| Average age | 48 | 44 |
| Gender ratio | Male, 52.2% Female, 47.8% | Male, 51.9% Female, 48.1% |
| Race ratio | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.4% White, 65.9% American Indian and Alaska Native, 0.8% | 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% |