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The differences between contract finance analysts and revenue 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 finance analyst and a revenue analyst. Additionally, a revenue analyst has an average salary of $66,985, which is higher than the $64,424 average annual salary of a contract finance analyst.
The top three skills for a contract finance analyst include financial analysis, SQL and cost analysis. The most important skills for a revenue analyst are revenue cycle, customer service, and patients.
| Contract Finance Analyst | Revenue Analyst | |
| Yearly salary | $64,424 | $66,985 |
| Hourly rate | $30.97 | $32.20 |
| Growth rate | 9% | 9% |
| Number of jobs | 103,192 | 65,034 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A contract finance analyst specializes in evaluating and managing contracts to help companies avoid financial losses and disputes. It is their duty to understand the needs and goals of a company, review contracts thoroughly, analyze the clauses and liabilities, negotiate contract terms, and recommend amendments on behalf of the clients. There are also instances where they must prepare and process documentation, maintain records, and provide departments with cost-effective methods to comply with the contract's obligations. Above all, a contract finance analyst must monitor every amendment and procedure.
A revenue analyst is primarily in charge of analyzing a company's revenues and expenditures to help them make better business decisions. Their responsibilities revolve around tracking the company finances, gathering and recording data, producing progress reports, and identifying opportunities to boost sales and profits. There are also instances when a revenue analyst must devise plans to cut costs, recommend budgets, build models, develop revenue forecasts, and comply with the laws and regulations. Furthermore, it is also essential to implement the company's policies and guidelines to the team and every task involved.
Contract finance analysts and revenue analysts have different pay scales, as shown below.
| Contract Finance Analyst | Revenue Analyst | |
| Average salary | $64,424 | $66,985 |
| Salary range | Between $44,000 And $93,000 | Between $48,000 And $91,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Great American Insurance | |
| Best paying industry | Finance | Technology |
There are a few differences between a contract finance analyst and a revenue analyst in terms of educational background:
| Contract Finance Analyst | Revenue Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between contract finance analysts' and revenue analysts' demographics:
| Contract Finance Analyst | Revenue Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 52.5% Female, 47.5% | Male, 42.3% Female, 57.7% |
| 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |