Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between managers, finance analysis and finance analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a manager, finance analysis, becoming a finance analyst takes usually requires 2-4 years. Additionally, a manager, finance analysis has an average salary of $112,110, which is higher than the $69,887 average annual salary of a finance analyst.
The top three skills for a manager, finance analysis include financial analysis, hyperion and portfolio. The most important skills for a finance analyst are financial analysis, financial models, and financial data.
| Manager, Finance Analysis | Finance Analyst | |
| Yearly salary | $112,110 | $69,887 |
| Hourly rate | $53.90 | $33.60 |
| Growth rate | 17% | 9% |
| Number of jobs | 110,310 | 138,600 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 76% |
| Average age | 46 | 40 |
| Years of experience | 8 | 4 |
A financial analysis manager, mainly responsible for managing all financial-related activities for their organization, collects data related to financial performance and consolidates it into company reports. Typically, they manage the preparation and calculation of monthly, quarterly, and annual budgets. They interpret raw financial data with the help of the financial analyst leading the organization to reach financial decisions. They also analyze company allocated budgets for inconsistencies and accounting discrepancies. They also create financial models to accurately analyze possible business changes.
A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.
Managers, finance analysis and finance analysts have different pay scales, as shown below.
| Manager, Finance Analysis | Finance Analyst | |
| Average salary | $112,110 | $69,887 |
| Salary range | Between $83,000 And $150,000 | Between $46,000 And $104,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | Connecticut |
| Best paying company | Southern California Edison | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a manager, finance analysis and a finance analyst in terms of educational background:
| Manager, Finance Analysis | Finance Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 76% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers, finance analysis' and finance analysts' demographics:
| Manager, Finance Analysis | Finance Analyst | |
| Average age | 46 | 40 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.2% White, 63.4% American Indian and Alaska Native, 0.3% | 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 Percentage | 11% | 7% |