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The differences between operations analysts and finance analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a finance analyst has an average salary of $69,887, which is higher than the $63,082 average annual salary of an operations analyst.
The top three skills for an operations analyst include customer service, SQL and data analysis. The most important skills for a finance analyst are financial analysis, financial models, and financial data.
| Operations Analyst | Finance Analyst | |
| Yearly salary | $63,082 | $69,887 |
| Hourly rate | $30.33 | $33.60 |
| Growth rate | 23% | 9% |
| Number of jobs | 141,707 | 138,600 |
| Job satisfaction | 3 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 76% |
| Average age | 45 | 40 |
| Years of experience | - | 4 |
Operations analysts serve an essential role within the operations team that supports data management, trade processes, client reporting, and problem resolution. They have to ensure data systems integrity by working closely with the operations team and the client support services manager. Their work focuses on several areas, including maintaining trading systems and portfolio accounting, creating and verifying client performance files, and performing electronic operations reconciliation. To be qualified for this position, one should possess several qualities, including proficient computer skills, excellent communication skills, and attention to detail.
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.
Operations analysts and finance analysts have different pay scales, as shown below.
| Operations Analyst | Finance Analyst | |
| Average salary | $63,082 | $69,887 |
| Salary range | Between $44,000 And $90,000 | Between $46,000 And $104,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Intuitive Surgical | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between an operations analyst and a finance analyst in terms of educational background:
| Operations Analyst | Finance Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between operations analysts' and finance analysts' demographics:
| Operations Analyst | Finance Analyst | |
| Average age | 45 | 40 |
| Gender ratio | Male, 58.8% Female, 41.2% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 12.6% Unknown, 6.0% Hispanic or Latino, 13.8% Asian, 11.2% White, 55.8% American Indian and Alaska Native, 0.6% | 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 | 9% | 7% |