How To Become A Reports Analysis Manager: What It Is and Career Path

What is a reports analysis manager and how to become one

Updated January 8, 2025

3 min read

Quoted Expert

Janet Tarase

As a reports analysis manager, you'll get to play a key role in developing the best practices for financial management services for a company. If you choose to take on this role, you'll be responsible for supporting the company's strategic and operational priorities, including complex proposals relating to growth and new business opportunities.

Depending on the size and structure of the company, the reports analysis manager may take on different tasks. For example, you may be expected to prepare and monitor high-level budget reports and forecasts, undertake financial modelling and analysis, and contribute to strategic planning of business goals. You may also be asked to develop initiatives and solutions to improve the company's financial capability and respond to complex financial management issues.

If you're interested in this career field, then you must have a Bachelor's degree in business, finance, information systems or a related field. Advanced skills in SQL and Microsoft Excel, among other software programs are also helpful.

What general advice would you give to a Reports Analysis Manager?

Janet Tarase

Lead Accounting Faculty / Accounting Department Chair, Red Rocks Community College

Create a vision board to set your yearly objectives and a long-term strategic plan that includes your professional and personal goal aspirations; be prepared to modify both of these guides as things change in your life. Join LinkedIn, if you haven't already, update it and make sure it is current. Make connections with a local professionals' group and create a network of like-minded, goal-oriented individuals. Also find a mentor or ask senior employees for their advice and counseling. Clean up your social media accounts or at the very least mark your questionable content as private so you are not sharing it publicly; become the professional you want to be. Continue your professional development, either through your employer, free online programs, or by furthering your education. Keep track of your accomplishments and continue to update your biography and resume. Finally, be appreciative and modest - thank those that help you and make sure to acknowledge those who participated in your successes.

ScoreReports Analysis ManagerUS Average

Salary

7.5

Avg. Salary $96,576

Avg. Salary $59,228

Stability Level

9.5

Growth Rate 17%

Growth Rate 0.3%

Diversity

3.3

Race

American Indian and Alaska Native 0.34%

Asian 9.35%

Black or African American 7.67%

Hispanic or Latino 14.74%

Unknown 4.11%

White 63.80%

Gender

female 35.16%

male 64.84%

Age - 46

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46

Stress Level

9.5

Stress level is very high

7.1 - high

Complexity Level

9.3

Complexity Level is advanced

7 - challenging

Work Life Balance

4.9

Work Life balance is fair

6.4 - fair

Key steps to become a reports analysis manager

Explore reports analysis manager education requirements

Most common reports analysis manager degrees

Bachelor's

67.9 %

Master's

22.6 %

Associate

6.6 %

Start to develop specific reports analysis manager skills

Skills	Percentages
Data Analysis	8.17%
Financial Analysis	5.63%
Data Management	5.40%
Hyperion	5.38%
Data Collection	5.18%

Complete relevant reports analysis manager training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New reports analysis managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a reports analysis manager based on U.S. Bureau of Labor Statistics data and data from real reports analysis manager resumes.

Research reports analysis manager duties and responsibilities

Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
Analyze various financial and operational KPI reports for actual compare to goals, projections and historical trends and recommend corrective actions.
Direct implementation team for year-two detail XBRL tagging solution.
Increase financial reporting cycle efficiency through ERP software module implementations.

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