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Commissions analyst vs control analyst

The differences between commissions analysts and control 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 commissions analyst and a control analyst. Additionally, a control analyst has an average salary of $69,598, which is higher than the $57,373 average annual salary of a commissions analyst.

The top three skills for a commissions analyst include calculation, payroll and salesforce. The most important skills for a control analyst are internal controls, risk assessments, and SOX.

Commissions analyst vs control analyst overview

Commissions AnalystControl Analyst
Yearly salary$57,373$69,598
Hourly rate$27.58$33.46
Growth rate11%11%
Number of jobs66,303133,321
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 69%
Average age4444
Years of experience44

What does a commissions analyst do?

A commission analyst is responsible for reviewing financial information and reviewing account statements to post accurate updates on the company's database. Commission analysts assess financial and business transactions, write cost analysis reports, and perform account reconciliation procedures. They also resolve billing discrepancies and identify opportunities to minimize financial loss and increase revenues. A commission analyst must have excellent communication and analytical skills, as well as extensive knowledge of the financial industry, verifying the accuracy of account information, and validating commission reports.

What does a control analyst do?

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.

Commissions analyst vs control analyst salary

Commissions analysts and control analysts have different pay scales, as shown below.

Commissions AnalystControl Analyst
Average salary$57,373$69,598
Salary rangeBetween $40,000 And $80,000Between $50,000 And $95,000
Highest paying CityFreehold, NJJersey City, NJ
Highest paying stateNew JerseyWashington
Best paying companyMetaMeta
Best paying industryTechnologyEnergy

Differences between commissions analyst and control analyst education

There are a few differences between a commissions analyst and a control analyst in terms of educational background:

Commissions AnalystControl Analyst
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Commissions analyst vs control analyst demographics

Here are the differences between commissions analysts' and control analysts' demographics:

Commissions AnalystControl Analyst
Average age4444
Gender ratioMale, 36.5% Female, 63.5%Male, 51.9% Female, 48.1%
Race ratioBlack or African American, 8.6% Unknown, 4.5% Hispanic or Latino, 9.3% Asian, 11.7% White, 65.7% American Indian and Alaska Native, 0.2%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 Percentage12%12%

Differences between commissions analyst and control analyst duties and responsibilities

Commissions analyst example responsibilities.

  • Manage analysis and settlement of treasury activity for all markets.
  • Utilize the Salesforce tool in order to research commission data that has been provide by the sales team.
  • Coordinate, prepare, and analyze documents for SOX requirements and audits.
  • Review CRM database for out of date sales opportunities, missing part information or client updates.
  • Run analysis (SQL reports, excel) to compare variance at the time of termination.
  • Researched/Compare billing system (CSG) to sales software (SalesForce) and contracts for confirmation of commission earn.
  • Show more

Control analyst example responsibilities.

  • Manage the implementation and roll-out of SharePoint as a team collaboration and document management tool.
  • Develop infrastructure to enable clients to better understand and manage risks associate with their decision environment to capture opportunities.
  • Transform the month-end calculation methodology and analysis process to provide a more accurate and detail fuel accruals and variance analysis.
  • Assist in SQL database applications development custom tailor for company s needs.
  • Provide ad hoc queries as requested by various areas within the bank (SQL).
  • Conduct UAT to make sure that all applications are tested for functionality and are adequately accept by users.
  • Show more

Commissions analyst vs control analyst skills

Common commissions analyst skills
  • Calculation, 10%
  • Payroll, 9%
  • Salesforce, 9%
  • HR, 6%
  • Pivot Tables, 5%
  • Reconciliations, 4%
Common control analyst skills
  • Internal Controls, 8%
  • Risk Assessments, 6%
  • SOX, 5%
  • Internal Audit, 4%
  • Customer Service, 4%
  • Strong Analytical, 4%

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