Finance systems analyst vs process analyst

The differences between finance systems analysts and process 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 process analyst takes usually requires 2-4 years. Additionally, a finance systems analyst has an average salary of $85,795, which is higher than the $73,233 average annual salary of a process analyst.

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

Finance systems analyst vs process analyst overview

	Finance Systems Analyst	Process Analyst
Yearly salary	$85,795	$73,233
Hourly rate	$41.25	$35.21
Growth rate	9%	11%
Number of jobs	188,040	123,238
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 66%
Average age	43	44
Years of experience	6	4

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 process analyst do?

A process analyst is also known as an operations research analyst, who evaluates in detail the steps in producing products and making important decisions as well as providing recommendations on how to enhance them. They are IT specialists that analyze the business process and workflows to determine how they can be computerized and improved. Responsibilities include identifying problems and risks as well as engaging in problem resolution. Important skills to consider for applicants include being innovative thinkers and goal-oriented.

Finance systems analyst vs process analyst salary

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

	Finance Systems Analyst	Process Analyst
Average salary	$85,795	$73,233
Salary range	Between $63,000 And $116,000	Between $49,000 And $108,000
Highest paying City	San Francisco, CA	Santa Clara, CA
Highest paying state	Oregon	Connecticut
Best paying company	Apple	Apple
Best paying industry	Technology	Finance

Differences between finance systems analyst and process analyst education

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

	Finance Systems Analyst	Process Analyst
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 66%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	Northwestern University

Finance systems analyst vs process analyst demographics

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

	Finance Systems Analyst	Process Analyst
Average age	43	44
Gender ratio	Male, 55.7% Female, 44.3%	Male, 50.8% Female, 49.2%
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, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 12.2% White, 66.0% American Indian and Alaska Native, 0.2%
LGBT Percentage	8%	12%

Differences between finance systems analyst and process 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.

Process analyst example responsibilities.

Lead the development and implementation of application and infrastructure solutions that are stable, operationally healthy, and supportable in production.
Develop and manage department SharePoint site to use as a collaborative document management tool.
Collaborate with project manager in tracking and managing project development process following RUP base SDLC methodologies.
Used Visio for process mapping to review operational procedures when determining areas of improvement.
Look at Java code to help debug it.
Test CRM platform through complex use of matrices to be able to segment a database for a more applicable personal contact.

Finance systems analyst vs process analyst skills

Common finance systems analyst skills

Financial Systems, 11%
Hyperion, 5%
Customer Service, 5%
Project Management, 5%
BI, 3%
ERP, 3%

Common process analyst skills

Process Improvement, 9%
Project Management, 7%
Customer Service, 6%
Continuous Improvement, 5%
Sigma, 4%
Business Processes, 4%

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Finance Systems Analyst vs Process Analyst

Updated January 8, 2025

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