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Finance supervisor vs finance analyst

The differences between finance supervisors and 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 supervisor and a finance analyst. Additionally, a finance supervisor has an average salary of $76,387, which is higher than the $69,887 average annual salary of a finance analyst.

The top three skills for a finance supervisor include customer service, patients and reconciliations. The most important skills for a finance analyst are financial analysis, financial models, and financial data.

Finance supervisor vs finance analyst overview

Finance SupervisorFinance Analyst
Yearly salary$76,387$69,887
Hourly rate$36.72$33.60
Growth rate6%9%
Number of jobs80,296138,600
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 76%
Average age4440
Years of experience44

What does a finance supervisor do?

A finance supervisor is typically in charge of overseeing the budgets and financial activities of a company. Among their responsibilities include coordinating with different departments to gather and analyze financial data, performing audits and assessments, preparing and presenting financial reports and budget plans, updating databases, and developing strategies to optimize the finance department's operations. Moreover, as a supervisor, it is essential to lead and encourage the finance staff to reach goals, all while enforcing the company's policies and regulations.

What does a finance analyst do?

A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.

Finance supervisor vs finance analyst salary

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

Finance SupervisorFinance Analyst
Average salary$76,387$69,887
Salary rangeBetween $55,000 And $104,000Between $46,000 And $104,000
Highest paying CityJersey City, NJSan Francisco, CA
Highest paying stateNew JerseyConnecticut
Best paying companyPacific Gas and ElectricThe Citadel
Best paying industryAutomotiveFinance

Differences between finance supervisor and finance analyst education

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

Finance SupervisorFinance Analyst
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance supervisor vs finance analyst demographics

Here are the differences between finance supervisors' and finance analysts' demographics:

Finance SupervisorFinance Analyst
Average age4440
Gender ratioMale, 47.2% Female, 52.8%Male, 56.2% Female, 43.8%
Race ratioBlack or African American, 8.8% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5%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 supervisor and finance analyst duties and responsibilities

Finance supervisor example responsibilities.

  • Lead financial planning & analysis, accounting/general ledger operations and GAAP financial reporting for multiple locations.
  • Supervise month-end close activities, including reviewing journal entries, account reconciliations, financial statement preparation, inventory and capital.
  • Create and update Hyperion reports for various departmental needs.
  • Prepare and update SOX and internal policies and procedures quarterly for the accounting department.
  • Conduct audits of processes to determine compliance with prescribe procedures, accuracy of records and SOX.
  • Team leader for the accounting department during the upgrade of the company's ERP system from FP2 to FP7.
  • Show more

Finance analyst example responsibilities.

  • Manage company asset accounts, wire funds to clients and record and structure amounts into QuickBooks.
  • Manage the UAT team involve in the testing of an enterprise accounting and project management software.
  • Manage customer portfolio to department KPI's, target balance, aging metrics, cash recovery and write-off tolerance.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Manage and maintain information in worldwide-military database which include exemptions, transfers, retirements, and payroll records.
  • Accomplish project accounting functions including project costing, time reporting, project accruals and proper capitalization of development costs.
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Finance supervisor vs finance analyst skills

Common finance supervisor skills
  • Customer Service, 13%
  • Patients, 6%
  • Reconciliations, 6%
  • Internal Controls, 6%
  • Strong Analytical, 6%
  • Payroll, 5%
Common finance analyst skills
  • Financial Analysis, 9%
  • Financial Models, 5%
  • Financial Data, 5%
  • Strong Analytical, 4%
  • Variance Analysis, 4%
  • Hyperion, 3%

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