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Finance analyst-operations finance vs operations analyst

The differences between finances analyst-operations finances and operations analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance analyst-operations finance has an average salary of $67,736, which is higher than the $63,082 average annual salary of an operations analyst.

The top three skills for a finance analyst-operations finance include financial analysis, financial operations and data analysis. The most important skills for an operations analyst are customer service, SQL, and data analysis.

Finance analyst-operations finance vs operations analyst overview

Finance Analyst-Operations FinanceOperations Analyst
Yearly salary$67,736$63,082
Hourly rate$32.57$30.33
Growth rate9%23%
Number of jobs144,067141,707
Job satisfaction-3
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 72%
Average age4045
Years of experience4-

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 an operations analyst do?

Operations analysts serve an essential role within the operations team that supports data management, trade processes, client reporting, and problem resolution. They have to ensure data systems integrity by working closely with the operations team and the client support services manager. Their work focuses on several areas, including maintaining trading systems and portfolio accounting, creating and verifying client performance files, and performing electronic operations reconciliation. To be qualified for this position, one should possess several qualities, including proficient computer skills, excellent communication skills, and attention to detail.

Finance analyst-operations finance vs operations analyst salary

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

Finance Analyst-Operations FinanceOperations Analyst
Average salary$67,736$63,082
Salary rangeBetween $42,000 And $108,000Between $44,000 And $90,000
Highest paying CitySan Francisco, CAJersey City, NJ
Highest paying stateCaliforniaNew Jersey
Best paying companyMetaIntuitive Surgical
Best paying industryPharmaceuticalFinance

Differences between finance analyst-operations finance and operations analyst education

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

Finance Analyst-Operations FinanceOperations Analyst
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Finance analyst-operations finance vs operations analyst demographics

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

Finance Analyst-Operations FinanceOperations Analyst
Average age4045
Gender ratioMale, 58.4% Female, 41.6%Male, 58.8% Female, 41.2%
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, 12.6% Unknown, 6.0% Hispanic or Latino, 13.8% Asian, 11.2% White, 55.8% American Indian and Alaska Native, 0.6%
LGBT Percentage7%9%

Differences between finance analyst-operations finance and operations 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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Operations analyst example responsibilities.

  • Manage EDI error processing and exception reporting and interface with the state exchanges to facilitate resolution.
  • Excel in liaising between business and technical areas to achieve on-time, on-budget and on-spec project completions.
  • Develop VBA macros to automate various data intensive processes
  • Manage IP distribution services domestically and globally to enterprise and broadband customers.
  • Manage small-scale projects from inception to implementation following BCUS SDLC project methodology.
  • Manage the month-end financial statement reporting process, including journal entry preparation, and account reconciliations.
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Finance analyst-operations finance vs operations 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 operations analyst skills
  • Customer Service, 10%
  • SQL, 6%
  • Data Analysis, 6%
  • Project Management, 5%
  • Process Improvement, 5%
  • Strong Analytical, 4%

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