Post job

Fiscal analyst vs accounting analyst

The differences between fiscal analysts and accounting 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 fiscal analyst and an accounting analyst. Additionally, an accounting analyst has an average salary of $58,399, which is higher than the $51,960 average annual salary of a fiscal analyst.

The top three skills for a fiscal analyst include payroll, financial data and management system. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.

Fiscal analyst vs accounting analyst overview

Fiscal AnalystAccounting Analyst
Yearly salary$51,960$58,399
Hourly rate$24.98$28.08
Growth rate6%6%
Number of jobs37,05381,097
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 74%
Average age4444
Years of experience44

What does a fiscal analyst do?

A fiscal analyst specializes in providing analytical services to help companies monitor and develop budgets and financial activities. Their responsibilities include gathering and analyzing financial data, conducting market research and analysis, arranging spreadsheets, updating databases, and producing regular budget reports and forecasts. To carry out their duties, they typically use special software and programs, coordinate with various departments, and have knowledge in court collections. Moreover, a fiscal analyst may assist staff, all while implementing the company's policies and regulations.

What does an accounting analyst do?

An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.

Fiscal analyst vs accounting analyst salary

Fiscal analysts and accounting analysts have different pay scales, as shown below.

Fiscal AnalystAccounting Analyst
Average salary$51,960$58,399
Salary rangeBetween $35,000 And $75,000Between $42,000 And $79,000
Highest paying CitySanta Rosa, CASan Francisco, CA
Highest paying stateNew JerseyNew York
Best paying companyJacobs Engineering GroupGoogle
Best paying industryHealth CareFinance

Differences between fiscal analyst and accounting analyst education

There are a few differences between a fiscal analyst and an accounting analyst in terms of educational background:

Fiscal AnalystAccounting Analyst
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 74%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal analyst vs accounting analyst demographics

Here are the differences between fiscal analysts' and accounting analysts' demographics:

Fiscal AnalystAccounting Analyst
Average age4444
Gender ratioMale, 39.4% Female, 60.6%Male, 41.6% Female, 58.4%
Race ratioBlack or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5%Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between fiscal analyst and accounting analyst duties and responsibilities

Fiscal analyst example responsibilities.

  • Manage the UW system approvals such as eProcurement including pro-cards, CTA and ARIBA transactions.
  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Develop fiscal reports for initiatives for state legislature concerning the Medicare and Medicaid programs.
  • Maintain GAAP and SAAM through careful examination of request employee and vendor reimbursements.
  • Prepare periodic general ledger balance sheet account reconciliations, as well as adjusting entries relate to the reconciliations.
  • Implement in house databases in order to analyze Medicaid disbursements by region
  • Show more

Accounting analyst example responsibilities.

  • Manage and process all ACH, EFT and wire transfer transactions daily (debit or credits).
  • Manage reconciling monthly discrepancies between ERP transfers.
  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
  • Maintain accounting controls by following GAAP and internal accounting policies; maintain financial security by following internal controls.
  • Review and approve monthly general ledger and bank account reconciliations for special condition accounts to ensure procedural consistency and compliance.
  • Show more

Fiscal analyst vs accounting analyst skills

Common fiscal analyst skills
  • Payroll, 9%
  • Financial Data, 7%
  • Management System, 5%
  • GAAP, 5%
  • Financial Statements, 5%
  • Reconciliations, 5%
Common accounting analyst skills
  • Reconciliations, 12%
  • Customer Service, 7%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Strong Analytical, 4%
  • Payroll, 4%

Browse business and financial jobs