Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance advisors and accounting 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 finance advisor and an accounting analyst. Additionally, a finance advisor has an average salary of $64,993, which is higher than the $58,399 average annual salary of an accounting analyst.
The top three skills for a finance advisor include team support, wealth management and securities. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.
| Finance Advisor | Accounting Analyst | |
| Yearly salary | $64,993 | $58,399 |
| Hourly rate | $31.25 | $28.08 |
| Growth rate | 15% | 6% |
| Number of jobs | 106,311 | 81,097 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 74% |
| Average age | 45 | 44 |
| Years of experience | 4 | 4 |
A Financial Advisor specializes in sharing their expertise with an individual or company on how to handle and boost finances. The responsibilities of a Financial Advisor include creating and proposing a strategy to attain financial gains through profits and investments, educating the client about new methods and opportunities, monitor and evaluate progress, and as well as plan policies according to the clients' life changes. Furthermore, it is also the duty of the Financial Advisor to research new investments that would be of great help to the client's assets.
An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.
Finance advisors and accounting analysts have different pay scales, as shown below.
| Finance Advisor | Accounting Analyst | |
| Average salary | $64,993 | $58,399 |
| Salary range | Between $34,000 And $121,000 | Between $42,000 And $79,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | New York |
| Best paying company | Enbridge | |
| Best paying industry | Finance | Finance |
There are a few differences between a finance advisor and an accounting analyst in terms of educational background:
| Finance Advisor | Accounting Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 74% |
| Most common major | Business | Accounting |
| Most common college | University of Minnesota - Twin Cities | University of Pennsylvania |
Here are the differences between finance advisors' and accounting analysts' demographics:
| Finance Advisor | Accounting Analyst | |
| Average age | 45 | 44 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 41.6% Female, 58.4% |
| Race ratio | Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1% | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 5% | 7% |