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Associate Financial Analyst Salary

Associate Financial Analysts command the highest salaries on the East Coast; the three top-paying cities are New York, Washington, and Boston. Residence is the biggest factor affecting pay for this group, followed by tenure. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Work is enjoyable for Associate Financial Analysts, who typically claim high levels of job satisfaction. Generally, women make up less than a third of all Associate Financial Analysts who answered the questionnnaire. The data in this summary comes from the PayScale salary survey.

$40,230 - $77,225
(Median)
$40K
$53K
$77K
MEDIAN: $53,490
10%
50%
90%

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$12.37 - $24.03
(Median)
$12
$18
$24
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$29K$58K$87K
Salary
$40,230 - $77,225  
   
Bonus
$502 - $14,385  
Profit Sharing
$500 - $2,250  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,006 - $85,954  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 205
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$15$30$45
Hourly Rate
$12.37 - $24.03  
   
Overtime
$26.25 - $37.77  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$30K$60K$90K
Bonus
$502 - $14,385  
   
Profit Sharing
$500 - $2,250  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,006 - $85,954  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 13

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Job Description for Associate Financial Analyst

Associate financial analysts are in charge of analyzing financial information on behalf of their company. They are responsible for conducting and processing large amounts of financial data on a regular basis. They create detailed reports based on their observations and analysis results. One of their main duties includes reviewing and updating financial information in company workbooks. In addition, they perform quality reviews to identify financial discrepancies. They strive to find a prompt solution, but they escalate issues as needed. They maintain documents for controls, depending on assigned operations of the project. Associate financial analysts provide support to ledger balances and find financial results. They also perform reconciliation of balances and transactions. They follow strict financial and privacy procedures to maintain ethical positions. These individuals also participate in audits to monitor the process in a controlled environment. These individuals provide financial advice for forecasting activities.

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Associate Financial Analyst Tasks

  • Collect data from key acquisition stakeholders and compiles for management.
  • Schedule and administer internal calls with key acquisition stakeholders.
  • Coordinate logistics for onsite functional due diligence.
  • Prepare company profiles of potential acquisition targets.
  • Maintain mergers and acquisitions database.

Common Career Paths for Associate Financial Analyst


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Associate Financial Analysts who move on to become Senior Financial Analysts may enjoy significant pay raises, as Senior Financial Analysts get paid an average of $74K per year.

Associate Financial Analyst Job Listings

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Popular Skills for Associate Financial Analyst


Survey takers who work as Associate Financial Analysts report a focused set of job skills. Most notably, skills in Financial Reporting, Financial Analysis, Financial Modeling, and Microsoft Excel are correlated to pay that is above average, with boosts between 7 percent and 12 percent. Most people experienced in Financial Analysis also know Financial Reporting and Financial Modeling.

Pay by Experience Level for Associate Financial Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Workers in their first five years can expect to earn $54K, but people who have been around for five to 10 years earn a noticeably bigger sum of $61K. After working for 10 to 20 years, Associate Financial Analysts make a median salary of $53K. Associate Financial Analysts who surpass 20 years on the job report pay that isn't higher than those with 10 to 20 years.

Associate Financial Analyst Reviews

What is it like working as an Associate Financial Analyst?

Associate Financial Analyst in Louisville:
"Corporate Culture."
Pros: The nature of the work and laid-back environment of the company.
Cons: The location.

Related Job Salaries

United States (change)

Experience Affects Associate Financial Analyst Salaries


National Average
$54,000


Experienced
up arrow 3%

Late-Career
up arrow 3%

Skills That Affect Associate Financial Analyst Salaries

Financial Reporting
up arrow 12%


Financial Modeling
up arrow 7%

Microsoft Excel
up arrow 4%

National Average
$54,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.

Gender

Female
28 %
Male
72 %

Years of Experience

Less than 1 year
16%
1-4 years
61%
5-9 years
16%
10-19 years
4%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 78%
vision benefits Vision: 65% employee benefits None: 11%