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Program finance analyst vs finance analyst-operations finance

The differences between program finance analysts and finances analyst-operations finances can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a program finance analyst and a finance analyst-operations finance. Additionally, a finance analyst-operations finance has an average salary of $67,736, which is higher than the $57,254 average annual salary of a program finance analyst.

The top three skills for a program finance analyst include financial analysis, variance analysis and program management. The most important skills for a finance analyst-operations finance are financial analysis, financial operations, and data analysis.

Program finance analyst vs finance analyst-operations finance overview

Program Finance AnalystFinance Analyst-Operations Finance
Yearly salary$57,254$67,736
Hourly rate$27.53$32.57
Growth rate9%9%
Number of jobs154,305144,067
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does a program finance analyst do?

A program finance analyst is an individual who supports the execution of program financial services to ensure effective and transparent utilization of financial resources. Program finance analysts must obtain and compile information regarding the credit history of loan applicants, corporate financial statements, and other financial information. They communicate with faculty members and business administrators about the company's financial status and provide recommendations for strategic planning. Program finance analysts must also monitor the financial performance of a project and provide analysis for project managers concerning burn rates and potential overruns.

What does a finance analyst-operations finance do?

Financial analysts are professionals who are in charge of the financial operations of businesses. The analysts analyze results, monitor variances, determine trends, and suggest management-related actions to improve corporate finances. They reconcile transactions through data comparison and correction. It is their duty to maintain the database through data input, verification, and backup. They produce presentations restating fiscal information used by supervisors, administrators, and others. This position requires skills in financial reporting, management, communications skills, and accounting qualification.

Program finance analyst vs finance analyst-operations finance salary

Program finance analysts and finances analyst-operations finances have different pay scales, as shown below.

Program Finance AnalystFinance Analyst-Operations Finance
Average salary$57,254$67,736
Salary rangeBetween $42,000 And $76,000Between $42,000 And $108,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyMicrosoftMeta
Best paying industryTechnologyPharmaceutical

Differences between program finance analyst and finance analyst-operations finance education

There are a few differences between a program finance analyst and a finance analyst-operations finance in terms of educational background:

Program Finance AnalystFinance Analyst-Operations Finance
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Program finance analyst vs finance analyst-operations finance demographics

Here are the differences between program finance analysts' and finances analyst-operations finances' demographics:

Program Finance AnalystFinance Analyst-Operations Finance
Average age4040
Gender ratioMale, 53.5% Female, 46.5%Male, 58.4% Female, 41.6%
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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage7%7%

Differences between program finance analyst and finance analyst-operations finance duties and responsibilities

Program finance analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Prepare monthly accounts payable accruals as well as researching and analyzing account variances.
  • Provide monthly and quarterly accruals of channel programs and MDF to revenue accounting team.
  • Ensure accurate forecasting in using Hyperion.
  • Perform monthly contract invoicing/billings, program account reconciliations, and sales forecasting.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Show more

Finance analyst-operations finance example responsibilities.

  • Lead HFM and Essbase implementation efforts, including training of field and headquarters personnel.
  • Work with capital project leads to ensure timely project closures, compliance with GAAP, and accurate recognition of depreciation expense.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Administer the completion of monthly and quarterly payroll schedules with variance explanations for senior management in HFM (Hyperion).
  • Utilize data manipulation tools such as SQL to aid in root cause analysis and solution identification.
  • Assist accounting with GAAP requirements and annual audit reporting (capital leases, unearn income, defer rent).
  • Show more

Program finance analyst vs finance analyst-operations finance skills

Common program finance analyst skills
  • Financial Analysis, 13%
  • Variance Analysis, 5%
  • Program Management, 5%
  • Financial Data, 4%
  • Earned Value Management, 3%
  • Strong Analytical, 3%
Common finance analyst-operations finance skills
  • Financial Analysis, 9%
  • Financial Operations, 6%
  • Data Analysis, 6%
  • Customer Service, 5%
  • Strong Analytical, 5%
  • Project Management, 5%

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