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The differences between finances analyst-operations finances and business & finance 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-operations finance and a business & finance analyst. Additionally, a business & finance analyst has an average salary of $70,514, which is higher than the $67,736 average annual salary of a finance analyst-operations finance.
The top three skills for a finance analyst-operations finance include financial analysis, financial operations and data analysis. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Finance Analyst-Operations Finance | Business & Finance Analyst | |
| Yearly salary | $67,736 | $70,514 |
| Hourly rate | $32.57 | $33.90 |
| Growth rate | 9% | 9% |
| Number of jobs | 144,067 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances. They reconcile transactions through data comparison and correction. It is their duty to maintain the database through data input, verification, and backup. They produce presentations restating fiscal information used by supervisors, administrators, and others. This position requires skills in financial reporting, management, communications skills, and accounting qualification.
A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.
Finances analyst-operations finances and business & finance analysts have different pay scales, as shown below.
| Finance Analyst-Operations Finance | Business & Finance Analyst | |
| Average salary | $67,736 | $70,514 |
| Salary range | Between $42,000 And $108,000 | Between $50,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Meta | |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a finance analyst-operations finance and a business & finance analyst in terms of educational background:
| Finance Analyst-Operations Finance | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finances analyst-operations finances' and business & finance analysts' demographics:
| Finance Analyst-Operations Finance | Business & Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 58.4% Female, 41.6% | Male, 55.6% Female, 44.4% |
| Race ratio | Black 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |