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Finance planning analyst vs finance analyst-operations finance

The differences between finance planning analysts and finances analyst-operations finances 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 finance analyst-operations finance. Additionally, a finance planning analyst has an average salary of $77,027, which is higher than the $67,736 average annual salary of a finance analyst-operations finance.

The top three skills for a finance planning analyst include financial analysis, powerpoint and financial planning analysis. The most important skills for a finance analyst-operations finance are financial analysis, financial operations, and data analysis.

Finance planning analyst vs finance analyst-operations finance overview

Finance Planning AnalystFinance Analyst-Operations Finance
Yearly salary$77,027$67,736
Hourly rate$37.03$32.57
Growth rate9%9%
Number of jobs103,172144,067
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 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 planning analyst vs finance analyst-operations finance salary

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

Finance Planning AnalystFinance Analyst-Operations Finance
Average salary$77,027$67,736
Salary rangeBetween $56,000 And $105,000Between $42,000 And $108,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateNew JerseyCalifornia
Best paying companyGoogleMeta
Best paying industryFinancePharmaceutical

Differences between finance planning analyst and finance analyst-operations finance education

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

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

Finance planning analyst vs finance analyst-operations finance demographics

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

Finance Planning AnalystFinance Analyst-Operations Finance
Average age4040
Gender ratioMale, 61.7% Female, 38.3%Male, 58.4% Female, 41.6%
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 finance analyst-operations finance 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

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 planning analyst vs finance analyst-operations finance skills

Common finance planning analyst skills
  • Financial Analysis, 9%
  • PowerPoint, 8%
  • Financial Planning Analysis, 7%
  • Financial Performance, 6%
  • Financial Models, 6%
  • Hyperion, 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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