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Project finance analyst vs corporate finance analyst

The differences between project finance analysts and corporate finance 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 project finance analyst and a corporate finance analyst. Additionally, a project finance analyst has an average salary of $77,005, which is higher than the $76,023 average annual salary of a corporate finance analyst.

The top three skills for a project finance analyst include financial analysis, project management and financial data. The most important skills for a corporate finance analyst are financial analysis, strong analytical, and financial models.

Project finance analyst vs corporate finance analyst overview

Project Finance AnalystCorporate Finance Analyst
Yearly salary$77,005$76,023
Hourly rate$37.02$36.55
Growth rate9%9%
Number of jobs106,230114,375
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 76%
Average age4040
Years of experience44

What does a project finance analyst do?

A project finance analyst is responsible for analyzing the financial needs and reports of an organization's project management system. Project finance analysts review project terms and expense forecasting and identify strategies to minimize financial loss. They also resolve account discrepancies and file accurate financial statements upon the assessment of project plans, resources, and timetables. A project finance analyst must have excellent communication and analytical skills to determine potential risks and enhance the company's portfolio for business proposals.

What does a corporate finance analyst do?

Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.

Project finance analyst vs corporate finance analyst salary

Project finance analysts and corporate finance analysts have different pay scales, as shown below.

Project Finance AnalystCorporate Finance Analyst
Average salary$77,005$76,023
Salary rangeBetween $54,000 And $108,000Between $52,000 And $109,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying statePennsylvaniaMichigan
Best paying companyGoogleGoogle
Best paying industryManufacturingFinance

Differences between project finance analyst and corporate finance analyst education

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

Project Finance AnalystCorporate Finance Analyst
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Project finance analyst vs corporate finance analyst demographics

Here are the differences between project finance analysts' and corporate finance analysts' demographics:

Project Finance AnalystCorporate Finance Analyst
Average age4040
Gender ratioMale, 48.8% Female, 51.2%Male, 63.5% Female, 36.5%
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 project finance analyst and corporate finance analyst duties and responsibilities

Project finance analyst example responsibilities.

  • Lead a reconciliations project team responsible for the implementing new systemic reconciliations replacing manual and legacy processes.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Work with the accounting team to ensure revenue recognition rules where in compliance with GAAP and internal policy.
  • Ensure that budgets are loaded into ERP properly and tie to control totals
  • Complete coursework through PeopleSoft in order to thoroughly understand each module's processes.
  • Identify and implement optimal manner of extracting, purging and transferring data from old systems to PeopleSoft.
  • Show more

Corporate finance analyst example responsibilities.

  • Lead finance project team to create site-wide (Essbase) reporting system under extremely tight deadlines.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Record related journal entries and general ledger account reconciliations and functions using journal entry and account reconciliation software tools.
  • Provide technical expertise in process design and implementation of the new Hyperion general ledger system and associate reports.
  • Reconstruct, modify and maintain operating expense planning model in HYPERION.
  • Reduce errors and rework in daily operations via visual basic (VBA) macros and SQL manipulation.
  • Show more

Project finance analyst vs corporate finance analyst skills

Common project finance analyst skills
  • Financial Analysis, 11%
  • Project Management, 9%
  • Financial Data, 4%
  • Strong Analytical, 4%
  • Hyperion, 3%
  • Financial Management, 3%
Common corporate finance analyst skills
  • Financial Analysis, 8%
  • Strong Analytical, 7%
  • Financial Models, 7%
  • Hyperion, 4%
  • Balance Sheet, 4%
  • Due Diligence, 4%

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