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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 | Finance Management Analyst | |
| Yearly salary | $85,795 | $71,934 |
| Hourly rate | $41.25 | $34.58 |
| Growth rate | 9% | 11% |
| Number of jobs | 188,040 | 184,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Average age | 43 | 44 |
| Years of experience | 6 | 4 |
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.
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 analysts and finance management analysts have different pay scales, as shown below.
| Finance Systems Analyst | Finance Management Analyst | |
| Average salary | $85,795 | $71,934 |
| Salary range | Between $63,000 And $116,000 | Between $49,000 And $104,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | Oregon | New York |
| Best paying company | Apple | Apple |
| Best paying industry | Technology | Government |
There are a few differences between a finance systems analyst and a finance management analyst in terms of educational background:
| Finance Systems Analyst | Finance Management Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 72% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between finance systems analysts' and finance management analysts' demographics:
| Finance Systems Analyst | Finance Management Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 55.7% Female, 44.3% | Male, 54.2% Female, 45.8% |
| 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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 12% |