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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 | Finance Management Analyst | |
| Yearly salary | $67,736 | $71,934 |
| Hourly rate | $32.57 | $34.58 |
| Growth rate | 9% | 11% |
| Number of jobs | 144,067 | 184,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 72% |
| Average age | 40 | 44 |
| 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 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.
Finances analyst-operations finances and finance management analysts have different pay scales, as shown below.
| Finance Analyst-Operations Finance | Finance Management Analyst | |
| Average salary | $67,736 | $71,934 |
| Salary range | Between $42,000 And $108,000 | Between $49,000 And $104,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | New York |
| Best paying company | Meta | Apple |
| Best paying industry | Pharmaceutical | Government |
There are a few differences between a finance analyst-operations finance and a finance management analyst in terms of educational background:
| Finance Analyst-Operations Finance | Finance Management Analyst | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between finances analyst-operations finances' and finance management analysts' demographics:
| Finance Analyst-Operations Finance | Finance Management Analyst | |
| Average age | 40 | 44 |
| Gender ratio | Male, 58.4% Female, 41.6% | Male, 54.2% Female, 45.8% |
| 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, 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 | 7% | 12% |