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Proposal specialist vs funding specialist

The differences between proposal specialists and funding specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a proposal specialist has an average salary of $66,454, which is higher than the $43,459 average annual salary of a funding specialist.

The top three skills for a proposal specialist include powerpoint, RFP and sharepoint. The most important skills for a funding specialist are data entry, excellent organizational, and ACH.

Proposal specialist vs funding specialist overview

Proposal SpecialistFunding Specialist
Yearly salary$66,454$43,459
Hourly rate$31.95$20.89
Growth rate6%-3%
Number of jobs25,14147,806
Job satisfaction5-
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 61%
Average age4444
Years of experience--

What does a proposal specialist do?

A proposal specialist is responsible for evaluating business contracts for clients, especially on landing partnerships and long-term projects. Proposal specialists review the contract's effectiveness and accuracy, adhering to the company's internal guidelines and policies. They ensure that the document delivers all the critical information of the company, as well as pricing offers and related terms of service. A proposal specialist also meets with the client to formally discuss contract details and respond to their inquiries, concerns, and requests.

What does a funding specialist do?

A Funding Specialist is in charge of facilitating the funding procedures of a company. They mainly function by identifying the funding needs of projects and programs, conducting extensive research and analyses, and developing plans and strategies to secure funding, all while adhering to the company's policies and regulations. Moreover, aside from planning, a funding specialist is also responsible for liaising with internal and external parties, establishing budget guidelines, preparing and processing documents, and resolving issues promptly and efficiently should any arise.

Proposal specialist vs funding specialist salary

Proposal specialists and funding specialists have different pay scales, as shown below.

Proposal SpecialistFunding Specialist
Average salary$66,454$43,459
Salary rangeBetween $44,000 And $98,000Between $30,000 And $62,000
Highest paying CityWashington, DCUrban Honolulu, HI
Highest paying stateMassachusettsHawaii
Best paying companyRopes & GrayNorthern Trust
Best paying industryManufacturingFinance

Differences between proposal specialist and funding specialist education

There are a few differences between a proposal specialist and a funding specialist in terms of educational background:

Proposal SpecialistFunding Specialist
Most common degreeBachelor's Degree, 76%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityWestern Carolina University

Proposal specialist vs funding specialist demographics

Here are the differences between proposal specialists' and funding specialists' demographics:

Proposal SpecialistFunding Specialist
Average age4444
Gender ratioMale, 31.5% Female, 68.5%Male, 36.9% Female, 63.1%
Race ratioBlack or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage11%11%

Differences between proposal specialist and funding specialist duties and responsibilities

Proposal specialist example responsibilities.

  • Implement Salesforce for division and manage pipeline and post-award contract documentation.
  • Provide editing, proofreading, word processing, graphics, and editing support for the technical volume of the proposal.
  • Employ various means to develop creative documents necessary to communicate the company's ability to perform services request in the RFP.
  • Edit and help develop relevant PowerPoint presentations.
  • Assist in preparation of oral presentations using PowerPoint.
  • Develop proposals and all documentation/justification requirements in response to government RFPs and RFQs and government inquiries for various non-profit companies.
  • Show more

Funding specialist example responsibilities.

  • Manage a variety of operational tasks for moderately complex securities transactions that require knowledge of vary systems and processes.
  • Assist the quantitative analyst in improving the work efficiency by optimizing VBA codes for the fund analysis.
  • Work daily with equities, fix income, futures, swaps, options, FX and other derivative instruments.
  • Facilitate month-end close processes, invoicing, journal entries and account reconciliations
  • Perform extensive market research in Bloomberg terminals and Capital-IQ to analyze companies.
  • Prepare PowerPoint presentations and updates of financial spreadsheets for internal and external distribution.
  • Show more

Proposal specialist vs funding specialist skills

Common proposal specialist skills
  • PowerPoint, 10%
  • RFP, 7%
  • SharePoint, 6%
  • Project Management, 5%
  • Subject Matter Experts, 5%
  • Business Development, 5%
Common funding specialist skills
  • Data Entry, 11%
  • Excellent Organizational, 9%
  • ACH, 7%
  • Quality Customer Service, 6%
  • Escrow, 5%
  • Loan Packages, 4%

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