Control accountant vs finance management analyst

The differences between control accountants and finance management 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 control accountant and a finance management analyst. Additionally, a finance management analyst has an average salary of $71,934, which is higher than the $66,563 average annual salary of a control accountant.

The top three skills for a control accountant include reconciliations, general ledger accounts and payroll taxes. The most important skills for a finance management analyst are financial management, financial issues, and management reports.

Control accountant vs finance management analyst overview

	Control Accountant	Finance Management Analyst
Yearly salary	$66,563	$71,934
Hourly rate	$32.00	$34.58
Growth rate	6%	11%
Number of jobs	75,702	184,284
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 72%
Average age	44	44
Years of experience	4	4

What does a control accountant do?

A Control Accountant is in charge of managing a company's accounting records and spearheads the development of financial reports. Although the extent of their responsibilities depends on their place or industry of employment, it typically includes coordinating with different teams to gather and analyze data, conduct audits and risk analyses, monitor budgets and expenditures, review documents and other transactions and develop strategies to optimize operations. A Control Accountant leads and encourages staff to reach goals while implementing the company's policies and regulations.

What does a finance management analyst do?

A finance management analyst specializes in performing extensive research and analysis to devise strategies that can help a company achieve its long-term financial goals. Their responsibilities typically revolve around having an in-depth understanding of the company and its services, gathering and reviewing its financial history and other portfolios, and determining investment opportunities to earn a significant profit. Furthermore, a finance management analyst must report their findings and present action plans, providing a comprehensive explanation to officials, all while adhering to the company's policies and regulations.

Control accountant vs finance management analyst salary

Control accountants and finance management analysts have different pay scales, as shown below.

	Control Accountant	Finance Management Analyst
Average salary	$66,563	$71,934
Salary range	Between $48,000 And $91,000	Between $49,000 And $104,000
Highest paying City	New York, NY	Washington, DC
Highest paying state	New York	New York
Best paying company	Marathon Oil	Apple
Best paying industry	Finance	Government

Differences between control accountant and finance management analyst education

There are a few differences between a control accountant and a finance management analyst in terms of educational background:

	Control Accountant	Finance Management Analyst
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 72%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	Northwestern University

Control accountant vs finance management analyst demographics

Here are the differences between control accountants' and finance management analysts' demographics:

	Control Accountant	Finance Management Analyst
Average age	44	44
Gender ratio	Male, 49.2% Female, 50.8%	Male, 54.2% Female, 45.8%
Race ratio	Black or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%	Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage	7%	12%

Differences between control accountant and finance management analyst duties and responsibilities

Control accountant example responsibilities.

Prepare internal financial reports for treasury manage accounts include in external compliance reports.
Collect, analyze, interpret, and document information to support quarterly SOX reviews.
Ensure proper accounting in compliance with GAAP, regulatory reporting requirements and joint ownership contracts.
Identify variances between corporations, establish payable/receivable ledgers, and clear open variances in accordance with GAAP.
Control regional account analysis, provide explanations and backup to SOX reporting department.
Perform domestic and international roll forwards, quarterly schedules for goodwill, trademarks and acquisition activities utilizing Hyperion.

Finance management analyst example responsibilities.

Investigate and manage accounting reconciliations or discrepancies, including auditing and verifying daily transactions with cash balances for correlations and accuracy.
Review DTS authorizations for every traveler belonging to AEC.
Communicate daily with the accounting department to derive amounts and invoice numbers for DOD and non DOD customers.
Serve as the primary GFEBS user for the LRC and act as the coordinator for training and access to GFEBS.
Calculate salaries in preparation to cost transfer in GFEBS to the correct cost centers/ WBS elements (cost collectors).
Maintain accounting practices for the ambulatory surgery center in QuickBooks.

Control accountant vs finance management analyst skills

Common control accountant skills

Reconciliations, 11%
General Ledger Accounts, 7%
Payroll Taxes, 6%
Account Reconciliations, 5%
Accruals, 5%
Internal Controls, 5%

Common finance management analyst skills

Financial Management, 13%
Financial Issues, 10%
Management Reports, 9%
Financial Policies, 9%
DOD, 9%
Budget Estimates, 8%

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Control Accountant vs Finance Management Analyst

Updated January 8, 2025

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