Finance administrator vs finance management analyst

The differences between finance administrators and finance management analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a finance administrator, becoming a finance management analyst takes usually requires 2-4 years. Additionally, a finance management analyst has an average salary of $71,934, which is higher than the $55,541 average annual salary of a finance administrator.

The top three skills for a finance administrator include customer service, financial aid and powerpoint. The most important skills for a finance management analyst are financial management, financial issues, and management reports.

Finance administrator vs finance management analyst overview

	Finance Administrator	Finance Management Analyst
Yearly salary	$55,541	$71,934
Hourly rate	$26.70	$34.58
Growth rate	17%	11%
Number of jobs	130,256	184,284
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 72%
Average age	46	44
Years of experience	8	4

What does a finance administrator do?

A finance administrator is responsible for supporting the financial operations of an organization, handling the accuracy of financial transactions, and resolving discrepancies in the company's financial statements. Finance administrators analyze the company's financial performance, including its losses and revenues, writing financial reports, and providing recommendations for cost-reduction processes to minimize financial risks. They also handle the allocation of departmental budgets, assist in tax audits, and process invoices and payroll release. A finance administrator must have excellent analytical skills and an extensive knowledge of the financial industry.

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.

Finance administrator vs finance management analyst salary

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

	Finance Administrator	Finance Management Analyst
Average salary	$55,541	$71,934
Salary range	Between $38,000 And $80,000	Between $49,000 And $104,000
Highest paying City	Dover, DE	Washington, DC
Highest paying state	Delaware	New York
Best paying company	State Street	Apple
Best paying industry	Manufacturing	Government

Differences between finance administrator and finance management analyst education

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

	Finance Administrator	Finance Management Analyst
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	University of Pennsylvania	Northwestern University

Finance administrator vs finance management analyst demographics

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

	Finance Administrator	Finance Management Analyst
Average age	46	44
Gender ratio	Male, 29.3% Female, 70.7%	Male, 54.2% Female, 45.8%
Race ratio	Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.2% White, 63.9% American Indian and Alaska Native, 0.3%	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	11%	12%

Differences between finance administrator and finance management analyst duties and responsibilities

Finance administrator example responsibilities.

Manage the design and implementation of appropriate controls as per Sarbanes-Oxley (SOX) and internal corporate procedures.
Manage key logistics and secure necessary resources within budget constraints.
Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
Do A/P, A/R and G/L.
Prepare daily, weekly and monthly reports including fund loans, commissions, titles, A/P & A/R.
Assist families with Medicaid applications.

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.

Finance administrator vs finance management analyst skills

Common finance administrator skills

Customer Service, 17%
Financial Aid, 12%
PowerPoint, 7%
Rehabilitation, 7%
Balance Sheet, 4%
Human Resources, 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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Finance Administrator vs Finance Management Analyst

Updated January 8, 2025

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