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The differences between purchase 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 purchase analyst and a control analyst. Additionally, a control analyst has an average salary of $69,598, which is higher than the $64,581 average annual salary of a purchase analyst.
The top three skills for a purchase analyst include purchase orders, supplier performance and continuous improvement. The most important skills for a control analyst are internal controls, risk assessments, and SOX.
| Purchase Analyst | Control Analyst | |
| Yearly salary | $64,581 | $69,598 |
| Hourly rate | $31.05 | $33.46 |
| Growth rate | 11% | 11% |
| Number of jobs | 88,542 | 133,321 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A purchase analyst is responsible for looking at the market outlook and determining what and when to buy when ordering supplies. They are responsible for making an investment in a product or technology, and contracting with vendors. You have varied duties and responsibilities that include researching product prices and comparisons, determining price history and cost-effectiveness, and providing leadership for logistics, resource management decisions, and sourcing. You will also be responsible for purchasing equipment from suppliers and working closely with leadership to develop sourcing strategies.
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.
Purchase analysts and control analysts have different pay scales, as shown below.
| Purchase Analyst | Control Analyst | |
| Average salary | $64,581 | $69,598 |
| Salary range | Between $42,000 And $98,000 | Between $50,000 And $95,000 |
| Highest paying City | Milford, MA | Jersey City, NJ |
| Highest paying state | New Jersey | Washington |
| Best paying company | MPS Horticulture | Meta |
| Best paying industry | Retail | Energy |
There are a few differences between a purchase analyst and a control analyst in terms of educational background:
| Purchase Analyst | Control Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between purchase analysts' and control analysts' demographics:
| Purchase Analyst | Control Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 45.8% Female, 54.2% | Male, 51.9% Female, 48.1% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 10.6% White, 67.2% 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% |