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Lead finance analyst vs lead manager

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 vs lead manager overview

Lead Finance AnalystLead Manager
Yearly salary$85,672$101,883
Hourly rate$41.19$48.98
Growth rate9%6%
Number of jobs89,105385,395
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 52%
Average age4044
Years of experience46

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 lead manager do?

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 analyst vs lead manager salary

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

Lead Finance AnalystLead Manager
Average salary$85,672$101,883
Salary rangeBetween $64,000 And $114,000Between $73,000 And $140,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaAlaska
Best paying companyPacific Investment Management Company LLCTrulia
Best paying industryTelecommunicationRetail

Differences between lead finance analyst and lead manager education

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

Lead Finance AnalystLead Manager
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Lead finance analyst vs lead manager demographics

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

Lead Finance AnalystLead Manager
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, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%10%

Differences between lead finance analyst and lead manager 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

Lead manager example responsibilities.

  • Lead a team of in home geek squad agents that have the highest productivity in the company.
  • Define processes and procedures for manual and automate testing and implement tools to achieve the overall QA objectives.
  • Manage social media networks for increase public visibility through Facebook.
  • Manage employee payroll activities and effectively evaluate employee performance for promotion opportunities.
  • Manage several customer service incidents and tend to emergencies including the administration lifesaving CPR to a gym patron.
  • Require to be certify in CPR, a and first aid.
  • Show more

Lead finance analyst vs lead manager 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 lead manager skills
  • Safety Procedures, 15%
  • Sales Floor, 12%
  • Gross Margin, 12%
  • PET, 9%
  • Performance Evaluations, 8%
  • Product Knowledge, 7%

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