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The differences between lead finance analysts and analyst leads can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a lead finance analyst, becoming an analyst lead takes usually requires 4-6 years. Additionally, an analyst lead has an average salary of $95,264, which is higher than the $85,672 average annual salary of a lead finance analyst.
The top three skills for a lead finance analyst include financial analysis, hyperion and financial planning analysis. The most important skills for an analyst lead are analytics, data analysis, and project management.
| Lead Finance Analyst | Analyst Lead | |
| Yearly salary | $85,672 | $95,264 |
| Hourly rate | $41.19 | $45.80 |
| Growth rate | 9% | 9% |
| Number of jobs | 89,105 | 122,353 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 66% |
| Average age | 40 | 43 |
| Years of experience | 4 | 6 |
A lead finance analyst is responsible for monitoring the company's financial conditions, analyzing account statements, and resolving payment discrepancies. Lead finance analysts create expense reports and budget forecasting, as well as identifying business opportunities that would minimize loss and generate revenues for the business. They also oversee financial and business transactions, perform bank reconciliations, and manage outstanding payments. A lead finance analyst must have excellent analytical and communication skills, especially in discussing financial results to the management and recommending strategic techniques for cost-reduction activities.
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.
Lead finance analysts and analyst leads have different pay scales, as shown below.
| Lead Finance Analyst | Analyst Lead | |
| Average salary | $85,672 | $95,264 |
| Salary range | Between $64,000 And $114,000 | Between $74,000 And $122,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Pacific Investment Management Company LLC | |
| Best paying industry | Telecommunication | Finance |
There are a few differences between a lead finance analyst and an analyst lead in terms of educational background:
| Lead Finance Analyst | Analyst Lead | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between lead finance analysts' and analyst leads' demographics:
| Lead Finance Analyst | Analyst Lead | |
| Average age | 40 | 43 |
| Gender ratio | Male, 57.0% Female, 43.0% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | 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 | 7% | 8% |