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Finance analyst-operations finance vs finance management analyst

The differences between finances analyst-operations finances 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-operations finance and a finance management analyst. Additionally, a finance management analyst has an average salary of $71,934, 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 finance management analyst are financial management, financial issues, and management reports.

Finance analyst-operations finance vs finance management analyst overview

Finance Analyst-Operations FinanceFinance Management Analyst
Yearly salary$67,736$71,934
Hourly rate$32.57$34.58
Growth rate9%11%
Number of jobs144,067184,284
Job satisfaction--
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 72%
Average age4044
Years of experience44

What does a finance analyst-operations finance do?

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.

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-operations finance vs finance management analyst salary

Finances analyst-operations finances and finance management analysts have different pay scales, as shown below.

Finance Analyst-Operations FinanceFinance Management Analyst
Average salary$67,736$71,934
Salary rangeBetween $42,000 And $108,000Between $49,000 And $104,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateCaliforniaNew York
Best paying companyMetaApple
Best paying industryPharmaceuticalGovernment

Differences between finance analyst-operations finance and finance management analyst education

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

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

Finance analyst-operations finance vs finance management analyst demographics

Here are the differences between finances analyst-operations finances' and finance management analysts' demographics:

Finance Analyst-Operations FinanceFinance Management Analyst
Average age4044
Gender ratioMale, 58.4% Female, 41.6%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-operations finance and finance management analyst duties and responsibilities

Finance analyst-operations finance example responsibilities.

  • Lead HFM and Essbase implementation efforts, including training of field and headquarters personnel.
  • Work with capital project leads to ensure timely project closures, compliance with GAAP, and accurate recognition of depreciation expense.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Administer the completion of monthly and quarterly payroll schedules with variance explanations for senior management in HFM (Hyperion).
  • Utilize data manipulation tools such as SQL to aid in root cause analysis and solution identification.
  • Assist accounting with GAAP requirements and annual audit reporting (capital leases, unearn income, defer rent).
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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.
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Finance analyst-operations finance vs finance management analyst skills

Common finance analyst-operations finance skills
  • Financial Analysis, 9%
  • Financial Operations, 6%
  • Data Analysis, 6%
  • Customer Service, 5%
  • Strong Analytical, 5%
  • Project Management, 5%
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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