Reconciliation analyst vs finance management analyst

The differences between reconciliation analysts and finance management 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 reconciliation analyst and a finance management analyst. Additionally, a finance management analyst has an average salary of $71,934, which is higher than the $55,716 average annual salary of a reconciliation analyst.

The top three skills for a reconciliation analyst include reconciliations, portfolio and reconciliation process. The most important skills for a finance management analyst are financial management, financial issues, and management reports.

Reconciliation analyst vs finance management analyst overview

	Reconciliation Analyst	Finance Management Analyst
Yearly salary	$55,716	$71,934
Hourly rate	$26.79	$34.58
Growth rate	11%	11%
Number of jobs	59,659	184,284
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 72%
Average age	44	44
Years of experience	4	4

What does a reconciliation analyst do?

A reconciliation analyst is responsible for resolving transaction discrepancies between institutions, especially in financial and business records. Reconciliation analysts conduct audits on reports to identify gaps and inconsistencies and escalate it to the reconciliation supervisor for resolution recommendation. They also review account statements, update information on the database, and coordinate with other departments for the necessary filing of documents. A reconciliation analyst must have excellent analytical and critical-thinking skills, especially in providing immediate solutions to clients by adhering to the company's requirements and regulations.

What does a finance management analyst do?

A finance management analyst specializes in performing extensive research and analysis to devise strategies that can help a company achieve its long-term financial goals. Their responsibilities typically revolve around having an in-depth understanding of the company and its services, gathering and reviewing its financial history and other portfolios, and determining investment opportunities to earn a significant profit. Furthermore, a finance management analyst must report their findings and present action plans, providing a comprehensive explanation to officials, all while adhering to the company's policies and regulations.

Reconciliation analyst vs finance management analyst salary

Reconciliation analysts and finance management analysts have different pay scales, as shown below.

	Reconciliation Analyst	Finance Management Analyst
Average salary	$55,716	$71,934
Salary range	Between $39,000 And $79,000	Between $49,000 And $104,000
Highest paying City	Boston, MA	Washington, DC
Highest paying state	Massachusetts	New York
Best paying company	J.P. Morgan	Apple
Best paying industry	Finance	Government

Differences between reconciliation analyst and finance management analyst education

There are a few differences between a reconciliation analyst and a finance management analyst in terms of educational background:

	Reconciliation Analyst	Finance Management Analyst
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Reconciliation analyst vs finance management analyst demographics

Here are the differences between reconciliation analysts' and finance management analysts' demographics:

	Reconciliation Analyst	Finance Management Analyst
Average age	44	44
Gender ratio	Male, 38.0% Female, 62.0%	Male, 54.2% Female, 45.8%
Race ratio	Black or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 11.4% White, 66.9% American Indian and Alaska Native, 0.2%	Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage	12%	12%

Differences between reconciliation analyst and finance management analyst duties and responsibilities

Reconciliation analyst example responsibilities.

Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
Execute all aspects of the international account reconciliations and settlements with international vendors, including currency exchange.
Add new trading partners to EDI.
Use team SharePoint to upload disposal reports.
Respond to all correspondence via written or verbal communication, within DOD timeframe.
Develop SQL scripts that improve the efficiency of processes, analysis, and reporting.

Finance management analyst example responsibilities.

Investigate and manage accounting reconciliations or discrepancies, including auditing and verifying daily transactions with cash balances for correlations and accuracy.
Review DTS authorizations for every traveler belonging to AEC.
Communicate daily with the accounting department to derive amounts and invoice numbers for DOD and non DOD customers.
Serve as the primary GFEBS user for the LRC and act as the coordinator for training and access to GFEBS.
Calculate salaries in preparation to cost transfer in GFEBS to the correct cost centers/ WBS elements (cost collectors).
Maintain accounting practices for the ambulatory surgery center in QuickBooks.

Reconciliation analyst vs finance management analyst skills

Common reconciliation analyst skills

Reconciliations, 12%
Portfolio, 7%
Reconciliation Process, 6%
Financial Reports, 4%
Securities, 4%
SQL, 4%

Common finance management analyst skills

Financial Management, 13%
Financial Issues, 10%
Management Reports, 9%
Financial Policies, 9%
DOD, 9%
Budget Estimates, 8%

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Reconciliation Analyst
Reconciliation Analyst vs Finance Management Analyst

Updated January 8, 2025

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