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Lead finance analyst vs finance analyst-operations finance

The differences between lead finance analysts and finances analyst-operations finances can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a lead finance analyst and a finance analyst-operations finance. Additionally, a lead finance analyst has an average salary of $85,672, which is higher than the $67,736 average annual salary of a finance analyst-operations finance.

The top three skills for a lead finance analyst include financial analysis, hyperion and financial planning analysis. The most important skills for a finance analyst-operations finance are financial analysis, financial operations, and data analysis.

Lead finance analyst vs finance analyst-operations finance overview

Lead Finance AnalystFinance Analyst-Operations Finance
Yearly salary$85,672$67,736
Hourly rate$41.19$32.57
Growth rate9%9%
Number of jobs89,105144,067
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does a lead finance analyst do?

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.

What does a finance analyst-operations finance do?

Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances. They reconcile transactions through data comparison and correction. It is their duty to maintain the database through data input, verification, and backup. They produce presentations restating fiscal information used by supervisors, administrators, and others. This position requires skills in financial reporting, management, communications skills, and accounting qualification.

Lead finance analyst vs finance analyst-operations finance salary

Lead finance analysts and finances analyst-operations finances have different pay scales, as shown below.

Lead Finance AnalystFinance Analyst-Operations Finance
Average salary$85,672$67,736
Salary rangeBetween $64,000 And $114,000Between $42,000 And $108,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyPacific Investment Management Company LLCMeta
Best paying industryTelecommunicationPharmaceutical

Differences between lead finance analyst and finance analyst-operations finance education

There are a few differences between a lead finance analyst and a finance analyst-operations finance in terms of educational background:

Lead Finance AnalystFinance Analyst-Operations Finance
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Lead finance analyst vs finance analyst-operations finance demographics

Here are the differences between lead finance analysts' and finances analyst-operations finances' demographics:

Lead Finance AnalystFinance Analyst-Operations Finance
Average age4040
Gender ratioMale, 57.0% Female, 43.0%Male, 58.4% Female, 41.6%
Race ratioBlack 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between lead finance analyst and finance analyst-operations finance duties and responsibilities

Lead finance analyst example responsibilities.

  • Manage and train a team of twelve employees to create SQL audits to identify errors in electronic billing.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Point of contact for external audit engagements relate to preparation of GAAP audit financial statements.
  • Complete bank reconciliations on a monthly basis.
  • Post cash receipts daily, and ensure accurate reconciliation to banks and ERP system.
  • Standardize processes in preparation of ERP implementation.
  • Show more

Finance analyst-operations finance example responsibilities.

  • Lead HFM and Essbase implementation efforts, including training of field and headquarters personnel.
  • Work with capital project leads to ensure timely project closures, compliance with GAAP, and accurate recognition of depreciation expense.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Administer the completion of monthly and quarterly payroll schedules with variance explanations for senior management in HFM (Hyperion).
  • Utilize data manipulation tools such as SQL to aid in root cause analysis and solution identification.
  • Assist accounting with GAAP requirements and annual audit reporting (capital leases, unearn income, defer rent).
  • Show more

Lead finance analyst vs finance analyst-operations finance skills

Common lead finance analyst skills
  • Financial Analysis, 9%
  • Hyperion, 8%
  • Financial Planning Analysis, 6%
  • Ad-Hoc Analysis, 4%
  • Balance Sheet, 3%
  • Financial Data, 3%
Common finance analyst-operations finance skills
  • Financial Analysis, 9%
  • Financial Operations, 6%
  • Data Analysis, 6%
  • Customer Service, 5%
  • Strong Analytical, 5%
  • Project Management, 5%

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