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The differences between finance systems analysts and analyst leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a finance systems analyst and an analyst lead. Additionally, an analyst lead has an average salary of $95,264, which is higher than the $85,795 average annual salary of a finance systems analyst.
The top three skills for a finance systems analyst include financial systems, hyperion and customer service. The most important skills for an analyst lead are analytics, data analysis, and project management.
| Finance Systems Analyst | Analyst Lead | |
| Yearly salary | $85,795 | $95,264 |
| Hourly rate | $41.25 | $45.80 |
| Growth rate | 9% | 9% |
| Number of jobs | 188,040 | 122,353 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 66% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
A finance systems analyst specializes in overseeing the financial systems in a company or business. Their responsibilities revolve around producing reports and presentations, liaising with the information technology team, maintaining information on databases, and monitoring and updating the financial systems. One must also handle spreadsheets and other files, modify menus, troubleshoot errors, and teach the finance staff how to use all courses for a smooth workflow. Furthermore, it is essential to implement all policies and regulations, ensuring all files' security within the database.
The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials. Through the results, an analyst lead can provide advice, devise strategies for business optimization, spearhead the development of processes, identify strengths and weaknesses, and offer recommendations on areas in need of improvement. All of this is done while in adherence to the company's vision and mission.
Finance systems analysts and analyst leads have different pay scales, as shown below.
| Finance Systems Analyst | Analyst Lead | |
| Average salary | $85,795 | $95,264 |
| Salary range | Between $63,000 And $116,000 | Between $74,000 And $122,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| Best paying company | Apple | |
| Best paying industry | Technology | Finance |
There are a few differences between a finance systems analyst and an analyst lead in terms of educational background:
| Finance Systems Analyst | Analyst Lead | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 66% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance systems analysts' and analyst leads' demographics:
| Finance Systems Analyst | Analyst Lead | |
| Average age | 43 | 43 |
| Gender ratio | Male, 55.7% Female, 44.3% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 10.2% Unknown, 5.0% Hispanic or Latino, 11.0% Asian, 14.6% White, 59.1% American Indian and Alaska Native, 0.2% | Black or African American, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |