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Strategic planning analyst vs finance analyst

The differences between strategic planning analysts and finance 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 strategic planning analyst and a finance analyst. Additionally, a strategic planning analyst has an average salary of $77,834, which is higher than the $69,887 average annual salary of a finance analyst.

The top three skills for a strategic planning analyst include powerpoint, data analysis and market research. The most important skills for a finance analyst are financial analysis, financial models, and financial data.

Strategic planning analyst vs finance analyst overview

Strategic Planning AnalystFinance Analyst
Yearly salary$77,834$69,887
Hourly rate$37.42$33.60
Growth rate11%9%
Number of jobs58,606138,600
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age4440
Years of experience44

What does a strategic planning analyst do?

A strategic planning analyst specializes in developing strategies to help businesses deal with organizational issues and reach their short and long-term goals. Among their responsibilities include understanding the company's needs and goals, performing extensive research and analysis to identify client and business opportunities, setting up guidelines and timelines, gathering and analyzing data to identify the strengths and weaknesses of current operations, and developing analytical models and forecasts. Moreover, a strategic planning analyst must recommend solutions while adhering to the company's policies and regulations.

What does a finance analyst do?

A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.

Strategic planning analyst vs finance analyst salary

Strategic planning analysts and finance analysts have different pay scales, as shown below.

Strategic Planning AnalystFinance Analyst
Average salary$77,834$69,887
Salary rangeBetween $54,000 And $110,000Between $46,000 And $104,000
Highest paying CityArlington, VASan Francisco, CA
Highest paying stateVirginiaConnecticut
Best paying companyMetaThe Citadel
Best paying industryHospitalityFinance

Differences between strategic planning analyst and finance analyst education

There are a few differences between a strategic planning analyst and a finance analyst in terms of educational background:

Strategic Planning AnalystFinance Analyst
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityUniversity of Pennsylvania

Strategic planning analyst vs finance analyst demographics

Here are the differences between strategic planning analysts' and finance analysts' demographics:

Strategic Planning AnalystFinance Analyst
Average age4440
Gender ratioMale, 55.5% Female, 44.5%Male, 56.2% Female, 43.8%
Race ratioBlack or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2%Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage12%7%

Differences between strategic planning analyst and finance analyst duties and responsibilities

Strategic planning analyst example responsibilities.

  • Lead central team summarizing and prioritizing all DOD opportunities, enabling more efficient and effective resource allocation across several program departments.
  • Assist management with evaluation of restructuring alternatives, procurement of financing, negotiations with multiple constituencies and issuance of new securities.
  • Develop summary charts per SOX requirements for total IPT roll-up visibility and presentations to management.

Finance analyst example responsibilities.

  • Manage company asset accounts, wire funds to clients and record and structure amounts into QuickBooks.
  • Manage the UAT team involve in the testing of an enterprise accounting and project management software.
  • Manage customer portfolio to department KPI's, target balance, aging metrics, cash recovery and write-off tolerance.
  • Manage contract database and SalesForce for historical research and financial reporting purposes.
  • Manage and maintain information in worldwide-military database which include exemptions, transfers, retirements, and payroll records.
  • Accomplish project accounting functions including project costing, time reporting, project accruals and proper capitalization of development costs.
  • Show more

Strategic planning analyst vs finance analyst skills

Common strategic planning analyst skills
  • PowerPoint, 11%
  • Data Analysis, 9%
  • Market Research, 9%
  • Strategic Plan, 6%
  • Financial Analysis, 4%
  • Business Development, 4%
Common finance analyst skills
  • Financial Analysis, 9%
  • Financial Models, 5%
  • Financial Data, 5%
  • Strong Analytical, 4%
  • Variance Analysis, 4%
  • Hyperion, 3%

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