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Purchase analyst vs control analyst

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 vs control analyst overview

Purchase AnalystControl Analyst
Yearly salary$64,581$69,598
Hourly rate$31.05$33.46
Growth rate11%11%
Number of jobs88,542133,321
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 69%
Average age4444
Years of experience44

What does a purchase analyst do?

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.

What does a control analyst do?

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 analyst vs control analyst salary

Purchase analysts and control analysts have different pay scales, as shown below.

Purchase AnalystControl Analyst
Average salary$64,581$69,598
Salary rangeBetween $42,000 And $98,000Between $50,000 And $95,000
Highest paying CityMilford, MAJersey City, NJ
Highest paying stateNew JerseyWashington
Best paying companyMPS HorticultureMeta
Best paying industryRetailEnergy

Differences between purchase analyst and control analyst education

There are a few differences between a purchase analyst and a control analyst in terms of educational background:

Purchase AnalystControl Analyst
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Purchase analyst vs control analyst demographics

Here are the differences between purchase analysts' and control analysts' demographics:

Purchase AnalystControl Analyst
Average age4444
Gender ratioMale, 45.8% Female, 54.2%Male, 51.9% Female, 48.1%
Race ratioBlack 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 Percentage12%12%

Differences between purchase analyst and control analyst duties and responsibilities

Purchase analyst example responsibilities.

  • Transport purchases and contract and manage carriers (freight forwarders in order to arrange and manage the transportation of purchases.
  • Write RFI and RFP documents and manage the process for each.
  • Compile and manage the RFP excel database containing incumbent supplier pricing and alternative supplier pricing.
  • Manage purchasing data within proprietary applications and ERP systems with accuracy.
  • Manage and determine obsolete and/or slow moving inventory for all above mention commodities.
  • Manage factory activities for key commodities encompassing resource management in materials and production.
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Control analyst example responsibilities.

  • Manage the implementation and roll-out of SharePoint as a team collaboration and document management tool.
  • Develop infrastructure to enable clients to better understand and manage risks associate with their decision environment to capture opportunities.
  • Transform the month-end calculation methodology and analysis process to provide a more accurate and detail fuel accruals and variance analysis.
  • Assist in SQL database applications development custom tailor for company s needs.
  • Provide ad hoc queries as requested by various areas within the bank (SQL).
  • Conduct UAT to make sure that all applications are tested for functionality and are adequately accept by users.
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Purchase analyst vs control analyst skills

Common purchase analyst skills
  • Purchase Orders, 13%
  • Supplier Performance, 11%
  • Continuous Improvement, 5%
  • ERP, 5%
  • Cost Analysis, 5%
  • Logistics, 4%
Common control analyst skills
  • Internal Controls, 8%
  • Risk Assessments, 6%
  • SOX, 5%
  • Internal Audit, 4%
  • Customer Service, 4%
  • Strong Analytical, 4%

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