Control analyst vs finance management analyst

The differences between control analysts 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 analyst and a finance management analyst. Additionally, a finance management analyst has an average salary of $71,934, which is higher than the $69,598 average annual salary of a control analyst.

The top three skills for a control analyst include internal controls, risk assessments and SOX. The most important skills for a finance management analyst are financial management, financial issues, and management reports.

Control analyst vs finance management analyst overview

	Control Analyst	Finance Management Analyst
Yearly salary	$69,598	$71,934
Hourly rate	$33.46	$34.58
Growth rate	11%	11%
Number of jobs	133,321	184,284
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 72%
Average age	44	44
Years of experience	4	4

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.

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 analyst vs finance management analyst salary

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

	Control Analyst	Finance Management Analyst
Average salary	$69,598	$71,934
Salary range	Between $50,000 And $95,000	Between $49,000 And $104,000
Highest paying City	Jersey City, NJ	Washington, DC
Highest paying state	Washington	New York
Best paying company	Meta	Apple
Best paying industry	Energy	Government

Differences between control analyst and finance management analyst education

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

	Control Analyst	Finance Management Analyst
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Control analyst vs finance management analyst demographics

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

	Control Analyst	Finance Management Analyst
Average age	44	44
Gender ratio	Male, 51.9% Female, 48.1%	Male, 54.2% Female, 45.8%
Race ratio	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%	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	12%	12%

Differences between control analyst and finance management analyst duties and responsibilities

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.

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 analyst vs finance management analyst skills

Common control analyst skills

Internal Controls, 8%
Risk Assessments, 6%
SOX, 5%
Internal Audit, 4%
Customer Service, 4%
Strong Analytical, 4%

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 Analyst vs Finance Management Analyst

Updated January 8, 2025

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