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The differences between lead finance analysts and lead managers 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 a lead manager takes usually requires 4-6 years. Additionally, a lead manager has an average salary of $101,883, 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 a lead manager are safety procedures, sales floor, and gross margin.
| Lead Finance Analyst | Lead Manager | |
| Yearly salary | $85,672 | $101,883 |
| Hourly rate | $41.19 | $48.98 |
| Growth rate | 9% | 6% |
| Number of jobs | 89,105 | 385,395 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 52% |
| Average age | 40 | 44 |
| 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.
A lead manager is primarily in charge of overseeing the progress of a particular office or department. Although the responsibilities will vary depending on their industry, it will typically revolve around producing progress reports, reviewing documentation and transactions, managing the budget, procuring supplies, and devising strategies to generate leads and reach goals faster. Furthermore, as a lead manager, it is essential to spearhead projects and encourage staff, all while implementing the company's policies and regulations.
Lead finance analysts and lead managers have different pay scales, as shown below.
| Lead Finance Analyst | Lead Manager | |
| Average salary | $85,672 | $101,883 |
| Salary range | Between $64,000 And $114,000 | Between $73,000 And $140,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | California | Alaska |
| Best paying company | Pacific Investment Management Company LLC | Trulia |
| Best paying industry | Telecommunication | Retail |
There are a few differences between a lead finance analyst and a lead manager in terms of educational background:
| Lead Finance Analyst | Lead Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between lead finance analysts' and lead managers' demographics:
| Lead Finance Analyst | Lead Manager | |
| Average age | 40 | 44 |
| Gender ratio | Male, 57.0% Female, 43.0% | Male, 54.2% Female, 45.8% |
| 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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 10% |