What Does a Business Control Analyst Do?

What Analysts Do

Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.

We looked at the average business control analyst annual salary and compared it with the average of an analyst. Generally speaking, analysts receive $9,406 lower pay than business control analysts per year.

While the salaries between these two careers can be different, they do share some of the same responsibilities. Employees in both business control analysts and analysts positions are skilled in financial analysis, sox, and enterprise risk management.

There are some key differences in responsibilities as well. For example, a business control analyst responsibilities require skills like “risk management,” “internal audit,” “governance,” and “powerpoint.” Meanwhile a typical analyst has skills in areas such as “customer service,” “troubleshoot,” “data analysis,” and “management system.” This difference in skills reveals how truly different these two careers really are.

Analysts receive the highest salaries in the technology industry coming in with an average yearly salary of $79,330. But business control analysts are paid more in the finance industry with an average salary of $98,957.

The education levels that analysts earn is a bit different than that of business control analysts. In particular, analysts are 2.5% less likely to graduate with a Master’s Degree than a business control analyst. Additionally, they’re 0.3% more likely to earn a Doctoral Degree.

What Are The Duties Of a Staff Analyst?

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.

Next up, we have the staff analyst profession to look over. This career brings along a higher average salary when compared to a business control analyst annual salary. In fact, staff analysts salary difference is $16,745 higher than the salary of business control analysts per year.

Not everything about these jobs is different. Take their skills, for example. Business control analysts and staff analysts both include similar skills like “sql,” “financial analysis,” and “sox” on their resumes.

But both careers also use different skills, according to real business control analyst resumes. While business control analyst responsibilities can utilize skills like “risk management,” “internal audit,” “governance,” and “powerpoint,” some staff analysts use skills like “project management,” “technical support,” “windows,” and “logistics.”

On average, staff analysts earn a higher salary than business control analysts. There are industries that support higher salaries in each profession respectively. Interestingly enough, staff analysts earn the most pay in the technology industry with an average salary of $107,444. Whereas, business control analysts have higher paychecks in the finance industry where they earn an average of $98,957.

When it comes to the differences in education between the two professions, staff analysts tend to reach similar levels of education than business control analysts. In fact, they’re 0.4% more likely to graduate with a Master’s Degree and 0.3% more likely to earn a Doctoral Degree.

How a Planning Analyst Compares

As a planning analyst, you will be responsible for designing and implementing a company’s business and marketing strategies with the goal of driving profits and reducing costs. You will propose measures to enhance an organization’s overall efficiency, and guide managers on ways to strengthen profit margins through risk awareness reduced costs, and increased revenues. Other duties include conducting risk analyses to identify areas of potential failure, maintaining the business continuity program, and handling internal and external corporate communications with the investment community and industry analysts.

Let’s now take a look at the planning analyst profession. On average, these workers make lower salaries than business control analysts with a $14,276 difference per year.

While looking through the resumes of several business control analysts and planning analysts we discovered that both professions have similar skills. These similarities include skills such as “sql,” “financial analysis,” and “process improvement,” but they differ when it comes to other required skills.

As mentioned, these two careers differ between other skills that are required for performing the work exceedingly well. For example, gathering from business control analysts resumes, they are more likely to have skills like “risk management,” “internal audit,” “governance,” and “powerpoint.” But a planning analyst might have skills like “project management,” “customer service,” “data analysis,” and “logistics.”

Interestingly enough, planning analysts earn the most pay in the automotive industry, where they command an average salary of $76,869. As mentioned previously, business control analysts highest annual salary comes from the finance industry with an average salary of $98,957.

When it comes to education, planning analysts tend to earn similar education levels than business control analysts. In fact, they’re 0.4% less likely to earn a Master’s Degree, and 0.5% less likely to graduate with a Doctoral Degree.

Description Of a Project Analyst

A project analyst is responsible for overseeing the development of new projects upon completion of data gathering. A project analyst must provide plans and design the project to its full potential. For this, it is essential to conduct extensive research and coordinate with all staff and departments involved through regular reports and various forms of communication. Furthermore, a project analyst must devise strategies to improve particular projects for it to succeed and achieve better results, all in adherence to the company policies and regulations.

The fourth career we look at typically earns lower pay than business control analysts. On average, project analysts earn a difference of $11,239 lower per year.

While their salaries may vary, business control analysts and project analysts both use similar skills to perform their jobs. Resumes from both professions include skills like “risk management,” “financial analysis,” and “process improvement. “

While some skills are shared by these professions, there are some differences to note. “internal audit,” “governance,” “powerpoint,” and “business control” are skills that have shown up on business control analysts resumes. Additionally, project analyst uses skills like project management, data analysis, customer service, and status reports on their resumes.

In general, project analysts make a higher salary in the manufacturing industry with an average of $76,006. The highest business control analyst annual salary stems from the finance industry.

The average resume of project analysts showed that they earn similar levels of education to business control analysts. So much so that the likelihood of them earning a Master’s Degree is 0.9% more. Additionally, they’re more likely to earn a Doctoral Degree by 0.1%.