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The differences between reconciliation analysts and staff 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 staff analyst. Additionally, a staff analyst has an average salary of $99,158, 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 staff analyst are project management, process improvement, and technical support.
| Reconciliation Analyst | Staff Analyst | |
| Yearly salary | $55,716 | $99,158 |
| Hourly rate | $26.79 | $47.67 |
| Growth rate | 11% | 11% |
| Number of jobs | 59,659 | 174,178 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have. They also assess the current roles in the company to see if those roles are really needed. Staff Analysts ensure that the manpower allocation in the company is efficient. They analyze staff-related data to check whether there are more areas for improvement. Staff Analysts may also be assigned to come up with projects related to improving productivity.
Reconciliation analysts and staff analysts have different pay scales, as shown below.
| Reconciliation Analyst | Staff Analyst | |
| Average salary | $55,716 | $99,158 |
| Salary range | Between $39,000 And $79,000 | Between $71,000 And $136,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | J.P. Morgan | Bayer |
| Best paying industry | Finance | Technology |
There are a few differences between a reconciliation analyst and a staff analyst in terms of educational background:
| Reconciliation Analyst | Staff Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between reconciliation analysts' and staff analysts' demographics:
| Reconciliation Analyst | Staff Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.0% Female, 62.0% | Male, 47.6% Female, 52.4% |
| 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.1% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |