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Senior cost analyst vs certified medical technician

The differences between senior cost analysts and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior cost analyst, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a senior cost analyst has an average salary of $77,845, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for a senior cost analyst include financial analysis, cost analysis and cost estimates. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Senior cost analyst vs certified medical technician overview

Senior Cost AnalystCertified Medical Technician
Yearly salary$77,845$38,859
Hourly rate$37.43$18.68
Growth rate3%5%
Number of jobs53,872164,424
Job satisfaction--
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 28%
Average age4744
Years of experience412

What does a senior cost analyst do?

Senior cost analysts are lead professionals who collaborate with a variety of departments to gather financial data and perform analysis to uncover inefficiencies. These analysts are required to develop accurate cost estimates that are used in producing pricing quotations on products and programs. They must utilize the enterprise resource planning (ERP) business system to track the quotation process and maintain standard costs through cost roll activities. Senior cost analysts must also collaborate with managers to facilitate initiatives and projects that are cost-saving.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Senior cost analyst vs certified medical technician salary

Senior cost analysts and certified medical technicians have different pay scales, as shown below.

Senior Cost AnalystCertified Medical Technician
Average salary$77,845$38,859
Salary rangeBetween $57,000 And $105,000Between $28,000 And $53,000
Highest paying CityWashington, DCDenton, TX
Highest paying stateCaliforniaAlaska
Best paying companyAppleFavorite Healthcare Staffing
Best paying industryAutomotiveHealth Care

Differences between senior cost analyst and certified medical technician education

There are a few differences between a senior cost analyst and a certified medical technician in terms of educational background:

Senior Cost AnalystCertified Medical Technician
Most common degreeBachelor's Degree, 78%Bachelor's Degree, 28%
Most common majorAccountingNursing
Most common collegeUniversity of PennsylvaniaUniversity of Connecticut

Senior cost analyst vs certified medical technician demographics

Here are the differences between senior cost analysts' and certified medical technicians' demographics:

Senior Cost AnalystCertified Medical Technician
Average age4744
Gender ratioMale, 63.5% Female, 36.5%Male, 20.4% Female, 79.6%
Race ratioBlack or African American, 10.1% Unknown, 4.5% Hispanic or Latino, 15.6% Asian, 7.9% White, 60.8% American Indian and Alaska Native, 1.0%Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage13%8%

Differences between senior cost analyst and certified medical technician duties and responsibilities

Senior cost analyst example responsibilities.

  • Lead HFM and Essbase implementation efforts, including training of field and headquarters personnel.
  • Prepare and post journal entries, prepare balance sheet reconciliations and analysis of plant performance for presentation to internal management.
  • Work also include preliminary stages of SOX compliance and implementation at the plant level.
  • Run the entire tests for the SOX quarterly audit and check for any issue for the audit.
  • Finance representative on ERP system implementation team.
  • Prepare month-end accruals and perform month-end/year-end close.
  • Show more

Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
  • Show more

Senior cost analyst vs certified medical technician skills

Common senior cost analyst skills
  • Financial Analysis, 9%
  • Cost Analysis, 6%
  • Cost Estimates, 5%
  • Reconciliations, 5%
  • DOD, 4%
  • Variance Analysis, 4%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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