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The differences between finance management specialists and finances analyst-operations finances can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a finance management specialist, becoming a finance analyst-operations finance takes usually requires 2-4 years. Additionally, a finance management specialist has an average salary of $70,219, which is higher than the $67,736 average annual salary of a finance analyst-operations finance.
The top three skills for a finance management specialist include financial resources, financial reports and financial data. The most important skills for a finance analyst-operations finance are financial analysis, financial operations, and data analysis.
| Finance Management Specialist | Finance Analyst-Operations Finance | |
| Yearly salary | $70,219 | $67,736 |
| Hourly rate | $33.76 | $32.57 |
| Growth rate | 17% | 9% |
| Number of jobs | 143,820 | 144,067 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 76% |
| Average age | 46 | 40 |
| Years of experience | 8 | 4 |
A finance management specialist is in charge of overseeing and managing a company's financial activities, ensuring accuracy and smooth workflow. They typically coordinate with different departments to gather accurate data, manage budgets and schedules, prepare cost and budget reports, and assess existing procedures to identify areas needing improvement. They must also maintain extensive records, produce sales forecasts, and participate in creating financial goals and objectives. Furthermore, as a finance management specialist, it is essential to develop strategies to optimize financial operations, all while implementing the company's policies and regulations.
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.
Finance management specialists and finances analyst-operations finances have different pay scales, as shown below.
| Finance Management Specialist | Finance Analyst-Operations Finance | |
| Average salary | $70,219 | $67,736 |
| Salary range | Between $48,000 And $101,000 | Between $42,000 And $108,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | PayPal | Meta |
| Best paying industry | Government | Pharmaceutical |
There are a few differences between a finance management specialist and a finance analyst-operations finance in terms of educational background:
| Finance Management Specialist | Finance Analyst-Operations Finance | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance management specialists' and finances analyst-operations finances' demographics:
| Finance Management Specialist | Finance Analyst-Operations Finance | |
| Average age | 46 | 40 |
| Gender ratio | Male, 52.1% Female, 47.9% | Male, 58.4% Female, 41.6% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.1% White, 63.6% American Indian and Alaska Native, 0.3% | 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 | 11% | 7% |