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Project finance analyst vs finance systems analyst

The differences between project finance analysts and finance systems analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a project finance analyst, becoming a finance systems analyst takes usually requires 4-6 years. Additionally, a finance systems analyst has an average salary of $85,795, which is higher than the $77,005 average annual salary of a project 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 finance systems analyst are financial systems, hyperion, and customer service.

Project finance analyst vs finance systems analyst overview

Project Finance AnalystFinance Systems Analyst
Yearly salary$77,005$85,795
Hourly rate$37.02$41.25
Growth rate9%9%
Number of jobs106,230188,040
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 73%
Average age4043
Years of experience46

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 finance systems analyst do?

A finance systems analyst specializes in overseeing the financial systems in a company or business. Their responsibilities revolve around producing reports and presentations, liaising with the information technology team, maintaining information on databases, and monitoring and updating the financial systems. One must also handle spreadsheets and other files, modify menus, troubleshoot errors, and teach the finance staff how to use all courses for a smooth workflow. Furthermore, it is essential to implement all policies and regulations, ensuring all files' security within the database.

Project finance analyst vs finance systems analyst salary

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

Project Finance AnalystFinance Systems Analyst
Average salary$77,005$85,795
Salary rangeBetween $54,000 And $108,000Between $63,000 And $116,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying statePennsylvaniaOregon
Best paying companyGoogleApple
Best paying industryManufacturingTechnology

Differences between project finance analyst and finance systems analyst education

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

Project Finance AnalystFinance Systems Analyst
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 73%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Project finance analyst vs finance systems analyst demographics

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

Project Finance AnalystFinance Systems Analyst
Average age4043
Gender ratioMale, 48.8% Female, 51.2%Male, 55.7% Female, 44.3%
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, 10.2% Unknown, 5.0% Hispanic or Latino, 11.0% Asian, 14.6% White, 59.1% American Indian and Alaska Native, 0.2%
LGBT Percentage7%8%

Differences between project finance analyst and finance systems 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

Finance systems analyst example responsibilities.

  • Document and manage project defects find in system testing with JIRA application.
  • Manage HFM applications, application security, metadata, rules, member lists, data forms, journals.
  • Maintain and manage database integrity for accurate report calculations.
  • Manage various SDLC projects involving cross-functional teams in a multi-platform environment.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Leverage advanced SQL and VBA skills to ensure accuracy and data integrity across these structures.
  • Show more

Project finance analyst vs finance systems 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 finance systems analyst skills
  • Financial Systems, 11%
  • Hyperion, 5%
  • Customer Service, 5%
  • Project Management, 5%
  • BI, 3%
  • ERP, 3%

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