Post job

Finance analyst vs finance management analyst

The differences between finance 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 finance analyst and a finance management analyst. Additionally, a finance management analyst has an average salary of $71,934, which is higher than the $69,887 average annual salary of a finance analyst.

The top three skills for a finance analyst include financial analysis, financial models and financial data. The most important skills for a finance management analyst are financial management, financial issues, and management reports.

Finance analyst vs finance management analyst overview

Finance AnalystFinance Management Analyst
Yearly salary$69,887$71,934
Hourly rate$33.60$34.58
Growth rate9%11%
Number of jobs138,600184,284
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 72%
Average age4044
Years of experience44

What does a finance analyst do?

A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.

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 analyst vs finance management analyst salary

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

Finance AnalystFinance Management Analyst
Average salary$69,887$71,934
Salary rangeBetween $46,000 And $104,000Between $49,000 And $104,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateConnecticutNew York
Best paying companyThe CitadelApple
Best paying industryFinanceGovernment

Differences between finance analyst and finance management analyst education

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

Finance AnalystFinance Management Analyst
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Finance analyst vs finance management analyst demographics

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

Finance AnalystFinance Management Analyst
Average age4044
Gender ratioMale, 56.2% Female, 43.8%Male, 54.2% Female, 45.8%
Race ratioBlack 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage7%12%

Differences between finance analyst and finance management analyst duties and responsibilities

Finance analyst example responsibilities.

  • Manage company asset accounts, wire funds to clients and record and structure amounts into QuickBooks.
  • Manage the UAT team involve in the testing of an enterprise accounting and project management software.
  • Manage customer portfolio to department KPI's, target balance, aging metrics, cash recovery and write-off tolerance.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Manage and maintain information in worldwide-military database which include exemptions, transfers, retirements, and payroll records.
  • Accomplish project accounting functions including project costing, time reporting, project accruals and proper capitalization of development costs.
  • Show more

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.
  • Show more

Finance analyst vs finance management analyst skills

Common finance analyst skills
  • Financial Analysis, 9%
  • Financial Models, 5%
  • Financial Data, 5%
  • Strong Analytical, 4%
  • Variance Analysis, 4%
  • Hyperion, 3%
Common finance management analyst skills
  • Financial Management, 13%
  • Financial Issues, 10%
  • Management Reports, 9%
  • Financial Policies, 9%
  • DOD, 9%
  • Budget Estimates, 8%

Browse business and financial jobs