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Lead finance analyst vs finance management analyst

The differences between lead finance analysts and finance management 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 lead finance analyst and a finance management analyst. Additionally, a lead finance analyst has an average salary of $85,672, which is higher than the $71,934 average annual salary of a finance management analyst.

The top three skills for a lead finance analyst include financial analysis, hyperion and financial planning analysis. The most important skills for a finance management analyst are financial management, financial issues, and management reports.

Lead finance analyst vs finance management analyst overview

Lead Finance AnalystFinance Management Analyst
Yearly salary$85,672$71,934
Hourly rate$41.19$34.58
Growth rate9%11%
Number of jobs89,105184,284
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 72%
Average age4044
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 management analyst do?

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.

Lead finance analyst vs finance management analyst salary

Lead finance analysts and finance management analysts have different pay scales, as shown below.

Lead Finance AnalystFinance Management Analyst
Average salary$85,672$71,934
Salary rangeBetween $64,000 And $114,000Between $49,000 And $104,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateCaliforniaNew York
Best paying companyPacific Investment Management Company LLCApple
Best paying industryTelecommunicationGovernment

Differences between lead finance analyst and finance management analyst education

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

Lead Finance AnalystFinance Management Analyst
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Lead finance analyst vs finance management analyst demographics

Here are the differences between lead finance analysts' and finance management analysts' demographics:

Lead Finance AnalystFinance Management Analyst
Average age4044
Gender ratioMale, 57.0% Female, 43.0%Male, 54.2% Female, 45.8%
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, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage7%12%

Differences between lead finance analyst and finance management analyst 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 management analyst example responsibilities.

  • Investigate and manage accounting reconciliations or discrepancies, including auditing and verifying daily transactions with cash balances for correlations and accuracy.
  • Review DTS authorizations for every traveler belonging to AEC.
  • Communicate daily with the accounting department to derive amounts and invoice numbers for DOD and non DOD customers.
  • Serve as the primary GFEBS user for the LRC and act as the coordinator for training and access to GFEBS.
  • Calculate salaries in preparation to cost transfer in GFEBS to the correct cost centers/ WBS elements (cost collectors).
  • Maintain accounting practices for the ambulatory surgery center in QuickBooks.
  • Show more

Lead finance analyst vs finance management analyst 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 management analyst skills
  • Financial Management, 13%
  • Financial Issues, 10%
  • Management Reports, 9%
  • Financial Policies, 9%
  • DOD, 9%
  • Budget Estimates, 8%

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