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The differences between procurement analysts and control 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 procurement analyst and a control analyst. Additionally, a control analyst has an average salary of $69,598, which is higher than the $64,448 average annual salary of a procurement analyst.
The top three skills for a procurement analyst include purchase orders, supplier performance and customer service. The most important skills for a control analyst are internal controls, risk assessments, and SOX.
| Procurement Analyst | Control Analyst | |
| Yearly salary | $64,448 | $69,598 |
| Hourly rate | $30.98 | $33.46 |
| Growth rate | 11% | 11% |
| Number of jobs | 75,154 | 133,321 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Procurement analysts procure favorable contracts by acting as liaisons between suppliers and their employers. They are hired by organizations that rely on supply chain management to analyze and evaluate potential suppliers, prepare reports about monthly supply costs, and negotiate contracts. With good critical thinking skills, these procurement analysts who are also known as purchasing analysts, evaluate vendors and suppliers based on the speed of delivery, quality, and price. They use quantitative methods to support fact-based decision-making to become competitive and to ensure cost-efficiency and high quality of the products and services.
A control analyst is an individual who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.
Procurement analysts and control analysts have different pay scales, as shown below.
| Procurement Analyst | Control Analyst | |
| Average salary | $64,448 | $69,598 |
| Salary range | Between $45,000 And $91,000 | Between $50,000 And $95,000 |
| Highest paying City | Washington, DC | Jersey City, NJ |
| Highest paying state | Maryland | Washington |
| Best paying company | PayPal | Meta |
| Best paying industry | Retail | Energy |
There are a few differences between a procurement analyst and a control analyst in terms of educational background:
| Procurement Analyst | Control Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between procurement analysts' and control analysts' demographics:
| Procurement Analyst | Control Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 47.7% Female, 52.3% | Male, 51.9% Female, 48.1% |
| Race ratio | Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.8% White, 66.4% American Indian and Alaska Native, 0.2% | Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.3% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |