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Finance systems analyst vs finance management analyst

The differences between finance systems analysts and finance management analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a finance systems analyst, becoming a finance management analyst takes usually requires 2-4 years. Additionally, a finance systems analyst has an average salary of $85,795, which is higher than the $71,934 average annual salary of a finance management analyst.

The top three skills for a finance systems analyst include financial systems, hyperion and customer service. The most important skills for a finance management analyst are financial management, financial issues, and management reports.

Finance systems analyst vs finance management analyst overview

Finance Systems AnalystFinance Management Analyst
Yearly salary$85,795$71,934
Hourly rate$41.25$34.58
Growth rate9%11%
Number of jobs188,040184,284
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 72%
Average age4344
Years of experience64

What does a finance systems analyst do?

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.

What does a finance management analyst do?

A finance management analyst specializes in performing extensive research and analysis to devise strategies that can help a company achieve its long-term financial goals. Their responsibilities typically revolve around having an in-depth understanding of the company and its services, gathering and reviewing its financial history and other portfolios, and determining investment opportunities to earn a significant profit. Furthermore, a finance management analyst must report their findings and present action plans, providing a comprehensive explanation to officials, all while adhering to the company's policies and regulations.

Finance systems analyst vs finance management analyst salary

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

Finance Systems AnalystFinance Management Analyst
Average salary$85,795$71,934
Salary rangeBetween $63,000 And $116,000Between $49,000 And $104,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateOregonNew York
Best paying companyAppleApple
Best paying industryTechnologyGovernment

Differences between finance systems analyst and finance management analyst education

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

Finance Systems AnalystFinance Management Analyst
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 72%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Finance systems analyst vs finance management analyst demographics

Here are the differences between finance systems analysts' and finance management analysts' demographics:

Finance Systems AnalystFinance Management Analyst
Average age4344
Gender ratioMale, 55.7% Female, 44.3%Male, 54.2% Female, 45.8%
Race ratioBlack 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage8%12%

Differences between finance systems analyst and finance management analyst duties and responsibilities

Finance systems analyst example responsibilities.

  • Document and manage project defects find in system testing with JIRA application.
  • Manage HFM applications, application security, metadata, rules, member lists, data forms, journals.
  • Maintain and manage database integrity for accurate report calculations.
  • Manage various SDLC projects involving cross-functional teams in a multi-platform environment.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Leverage advanced SQL and VBA skills to ensure accuracy and data integrity across these structures.
  • Show more

Finance management analyst example responsibilities.

  • Investigate and manage accounting reconciliations or discrepancies, including auditing and verifying daily transactions with cash balances for correlations and accuracy.
  • Review DTS authorizations for every traveler belonging to AEC.
  • Communicate daily with the accounting department to derive amounts and invoice numbers for DOD and non DOD customers.
  • Serve as the primary GFEBS user for the LRC and act as the coordinator for training and access to GFEBS.
  • Calculate salaries in preparation to cost transfer in GFEBS to the correct cost centers/ WBS elements (cost collectors).
  • Maintain accounting practices for the ambulatory surgery center in QuickBooks.
  • Show more

Finance systems analyst vs finance management analyst skills

Common finance systems analyst skills
  • Financial Systems, 11%
  • Hyperion, 5%
  • Customer Service, 5%
  • Project Management, 5%
  • BI, 3%
  • ERP, 3%
Common finance management analyst skills
  • Financial Management, 13%
  • Financial Issues, 10%
  • Management Reports, 9%
  • Financial Policies, 9%
  • DOD, 9%
  • Budget Estimates, 8%

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