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Management analyst vs finance management analyst

The differences between management 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 management analyst and a finance management analyst. Additionally, a finance management analyst has an average salary of $71,934, which is higher than the $69,804 average annual salary of a management analyst.

The top three skills for a management analyst include customer service, project management and logistics. The most important skills for a finance management analyst are financial management, financial issues, and management reports.

Management analyst vs finance management analyst overview

Management AnalystFinance Management Analyst
Yearly salary$69,804$71,934
Hourly rate$33.56$34.58
Growth rate11%11%
Number of jobs169,171184,284
Job satisfaction5-
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 72%
Average age4444
Years of experience44

What does a management analyst do?

A management analyst is responsible for monitoring the efficiency and effectiveness of management operations, providing strategic advice and procedures to improve its services, and building excellent relationships with customers and business partners. Management analysts identify business opportunities that would help the business generate more revenues and meet long-term profitability goals. They develop techniques in maximizing productivity and optimization, recommending new systems, and upgrading existing processes. A management analyst must have excellent critical thinking and communication skills, especially when evaluating complex data and performance reports.

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.

Management analyst vs finance management analyst salary

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

Management AnalystFinance Management Analyst
Average salary$69,804$71,934
Salary rangeBetween $49,000 And $98,000Between $49,000 And $104,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew JerseyNew York
Best paying companyThe CitadelApple
Best paying industryProfessionalGovernment

Differences between management analyst and finance management analyst education

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

Management AnalystFinance Management Analyst
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Management analyst vs finance management analyst demographics

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

Management AnalystFinance Management Analyst
Average age4444
Gender ratioMale, 46.5% Female, 53.5%Male, 54.2% Female, 45.8%
Race ratioBlack or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.7% White, 65.2% American Indian and Alaska Native, 0.2%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 Percentage12%12%

Differences between management analyst and finance management analyst duties and responsibilities

Management analyst example responsibilities.

  • Manage and mediate web communities for IRS online initiatives (management resource center, etc . )
  • Manage cross-functional and technical teams in the analysis, development, QA, implementation and support of products.
  • Update, manage, and configure Wiki and JIRA portals to reflect improvements and information sharing as the PMO evolves.
  • Perform reviews of select teams and programs to determine whether VBA and federal policies and guidelines are effectively implement and manage.
  • Lead JAD sessions to bring the business users and the scrum team to same converging point on requirements and change management.
  • Manage all technical documentation for PMI's certification program.
  • 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

Management analyst vs finance management analyst skills

Common management analyst skills
  • Customer Service, 9%
  • Project Management, 7%
  • Logistics, 5%
  • Data Analysis, 5%
  • Process Improvement, 4%
  • Management System, 4%
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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