Contract analyst vs control analyst

The differences between contract 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 contract analyst and a control analyst. Additionally, a control analyst has an average salary of $69,598, which is higher than the $54,544 average annual salary of a contract analyst.

The top three skills for a contract analyst include customer service, contract management and contract terms. The most important skills for a control analyst are internal controls, risk assessments, and SOX.

Contract analyst vs control analyst overview

	Contract Analyst	Control Analyst
Yearly salary	$54,544	$69,598
Hourly rate	$26.22	$33.46
Growth rate	9%	11%
Number of jobs	58,593	133,321
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 69%
Average age	40	44
Years of experience	4	4

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.

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.

Contract analyst vs control analyst salary

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

	Contract Analyst	Control Analyst
Average salary	$54,544	$69,598
Salary range	Between $39,000 And $74,000	Between $50,000 And $95,000
Highest paying City	Jersey City, NJ	Jersey City, NJ
Highest paying state	New Jersey	Washington
Best paying company	AstraZeneca	Meta
Best paying industry	Pharmaceutical	Energy

Differences between contract analyst and control analyst education

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

	Contract Analyst	Control Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 69%
Most common major	Business	Business
Most common college	University of Pennsylvania	Northwestern University

Contract analyst vs control analyst demographics

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

	Contract Analyst	Control Analyst
Average age	40	44
Gender ratio	Male, 41.2% Female, 58.8%	Male, 51.9% Female, 48.1%
Race ratio	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%	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%

Differences between contract analyst and control analyst duties and responsibilities

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).

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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.

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Contract analyst vs control analyst skills

Common contract analyst skills

Customer Service, 10%
Contract Management, 8%
Contract Terms, 5%
SQL, 5%
HR, 4%
Data Entry, 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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Updated January 8, 2025

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