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Finance planning analyst vs corporate finance analyst

The differences between finance planning analysts and corporate finance 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 planning analyst and a corporate finance analyst. Additionally, a finance planning analyst has an average salary of $77,027, which is higher than the $76,023 average annual salary of a corporate finance analyst.

The top three skills for a finance planning analyst include financial analysis, powerpoint and financial planning analysis. The most important skills for a corporate finance analyst are financial analysis, strong analytical, and financial models.

Finance planning analyst vs corporate finance analyst overview

Finance Planning AnalystCorporate Finance Analyst
Yearly salary$77,027$76,023
Hourly rate$37.03$36.55
Growth rate9%9%
Number of jobs103,172114,375
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does a finance planning analyst do?

Financial planning analysts are professionals in charge of the company's budgeting, forecasting, and analysis. The role of the analysts is crucial to the major decisions of corporations. They employ quantitative techniques and formulas to make things happen the easy way. They offer financial consulting and strategic support to the enterprise's senior management. Also, it is their job to monitor relevant laws, economic trends, and other factors affecting the financial state of the company.

What does a corporate finance analyst do?

Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.

Finance planning analyst vs corporate finance analyst salary

Finance planning analysts and corporate finance analysts have different pay scales, as shown below.

Finance Planning AnalystCorporate Finance Analyst
Average salary$77,027$76,023
Salary rangeBetween $56,000 And $105,000Between $52,000 And $109,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyMichigan
Best paying companyGoogleGoogle
Best paying industryFinanceFinance

Differences between finance planning analyst and corporate finance analyst education

There are a few differences between a finance planning analyst and a corporate finance analyst in terms of educational background:

Finance Planning AnalystCorporate Finance Analyst
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 76%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance planning analyst vs corporate finance analyst demographics

Here are the differences between finance planning analysts' and corporate finance analysts' demographics:

Finance Planning AnalystCorporate Finance Analyst
Average age4040
Gender ratioMale, 61.7% Female, 38.3%Male, 63.5% Female, 36.5%
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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between finance planning analyst and corporate finance analyst duties and responsibilities

Finance planning analyst example responsibilities.

  • Lead an initiative to improve high and low level user communication regarding company forecasting and reporting software, IBM Cognos TM1.
  • Manage complex securities and investment portfolio reporting.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Facilitate month-end close process by delegating the preparation of journal entries and reconciliations.
  • Used SQL and QMF query languages to audit data.
  • Work with the accounting department to ensure proper GAAP compliance and reporting methods.
  • Show more

Corporate finance analyst example responsibilities.

  • Lead finance project team to create site-wide (Essbase) reporting system under extremely tight deadlines.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Record related journal entries and general ledger account reconciliations and functions using journal entry and account reconciliation software tools.
  • Provide technical expertise in process design and implementation of the new Hyperion general ledger system and associate reports.
  • Reconstruct, modify and maintain operating expense planning model in HYPERION.
  • Reduce errors and rework in daily operations via visual basic (VBA) macros and SQL manipulation.
  • Show more

Finance planning analyst vs corporate finance analyst skills

Common finance planning analyst skills
  • Financial Analysis, 9%
  • PowerPoint, 8%
  • Financial Planning Analysis, 7%
  • Financial Performance, 6%
  • Financial Models, 6%
  • Hyperion, 5%
Common corporate finance analyst skills
  • Financial Analysis, 8%
  • Strong Analytical, 7%
  • Financial Models, 7%
  • Hyperion, 4%
  • Balance Sheet, 4%
  • Due Diligence, 4%

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