Associate Financial Analyst Salary

An average Associate Financial Analyst in the United States can expect to take home roughly $54K per year. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Most people who answered the questionnaire are men; 68 percent of Associate Financial Analysts are male.

$40,694 - $77,351
(Median)
$41K
$54K
$77K
MEDIAN: $53,879
10%
50%
90%

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$14.09 - $25.46
(Median)
$14
$19
$25
MEDIAN: $19.00
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
$40,694 - $77,351  
   
Bonus
$509 - $14,265  
Profit Sharing
$486.05 - $2,035  
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).
)
$40,216 - $85,520  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 222
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
$14.09 - $25.46  
   
Overtime
$26.71 - $37.44  
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
$509 - $14,265  
   
Profit Sharing
$486.05 - $2,035  
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).
)
$40,216 - $85,520  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 20
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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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There are some Associate Financial Analysts — though it's uncommon — that transition into Senior Financial Analysts, where earnings are an average $75K annually.

Associate Financial Analyst Job Listings

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Popular Skills for Associate Financial Analyst


Associate Financial Analysts who responded to the survey report just a handful of professional skills. Most notably, skills in Financial Analysis, Financial Reporting, Financial Modeling, and Microsoft Excel are correlated to pay that is above average, with boosts between 6 percent and 8 percent. For most people, competency in Financial Analysis indicates knowledge of 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.


The average worker who claims fewer than five years of experience earns around $54K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $62K. Associate Financial Analysts who work for 10 to 20 years in their occupation tend to earn about $53K. Associate Financial Analysts who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 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.

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Experience Affects Associate Financial Analyst Salaries



National Average
$54,000

Late-Career
up arrow 3%

Experienced
up arrow 4%

Skills That Affect Associate Financial Analyst Salaries


Financial Reporting
up arrow 6%

Financial Modeling
up arrow 6%

Microsoft Excel
up arrow 4%

National Average
$54,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 27 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
17%
1-4 years
61%
5-9 years
16%
10-19 years
4%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 79%
vision benefits Vision: 67% employee benefits None: 11%
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