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Finance management specialist vs finance analyst-operations finance

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 vs finance analyst-operations finance overview

Finance Management SpecialistFinance Analyst-Operations Finance
Yearly salary$70,219$67,736
Hourly rate$33.76$32.57
Growth rate17%9%
Number of jobs143,820144,067
Job satisfaction--
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 76%
Average age4640
Years of experience84

What does a finance management specialist do?

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.

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.

Finance management specialist vs finance analyst-operations finance salary

Finance management specialists and finances analyst-operations finances have different pay scales, as shown below.

Finance Management SpecialistFinance Analyst-Operations Finance
Average salary$70,219$67,736
Salary rangeBetween $48,000 And $101,000Between $42,000 And $108,000
Highest paying CityWashington, DCSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyPayPalMeta
Best paying industryGovernmentPharmaceutical

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

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

Finance Management SpecialistFinance Analyst-Operations Finance
Most common degreeBachelor's Degree, 61%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance management specialist vs finance analyst-operations finance demographics

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

Finance Management SpecialistFinance Analyst-Operations Finance
Average age4640
Gender ratioMale, 52.1% Female, 47.9%Male, 58.4% Female, 41.6%
Race ratioBlack 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 Percentage11%7%

Differences between finance management specialist and finance analyst-operations finance duties and responsibilities

Finance management specialist example responsibilities.

  • Specialize in data collection logistics and documentation on specific vehicles and manage inventory using CRM applications.
  • Project team member on ERP implementations for several clients.
  • Execute and, validate all credit card purchases in ERP and with DFAS.
  • Process incoming checks from employees & other outside sources for deposit to the U.S. Treasury.
  • Ensure GAAP compliance in revenue recognition, forecasting, internal account structure management, reporting & analysis.
  • Prepare monthly, quarterly, and annual forecasts including trend/margin analysis, and ensuring proper GAAP revenue recognition.
  • Show more

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).
  • Show more

Finance management specialist vs finance analyst-operations finance skills

Common finance management specialist skills
  • Financial Resources, 10%
  • Financial Reports, 7%
  • Financial Data, 6%
  • Budget Formulation, 6%
  • Budget Execution, 5%
  • Financial Management Systems, 5%
Common finance analyst-operations finance skills
  • Financial Analysis, 9%
  • Financial Operations, 6%
  • Data Analysis, 6%
  • Customer Service, 5%
  • Strong Analytical, 5%
  • Project Management, 5%

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