Median pay for Associate Financial Analysts in the United States lies in the neighborhood of $55K per year. Geography and career duration each impact pay for this group, with the former having the largest influence. For the most part, Associate Financial Analysts enjoy their work and report high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Generally, women make up less than a third of all Associate Financial Analysts who answered the questionnnaire.

$43,977 - $81,108
(Median)
$44K
$55K
$81K
MEDIAN: $54,903
10%
50%
90%

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$13.86 - $30.82
(Median)
$14
$23
$31
MEDIAN: $22.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$29K$58K$87K
Salary
$43,977 - $81,108  
   
Bonus
$1,039 - $13,506  
Profit Sharing
$2,000  
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).
)
$42,994 - $85,752  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 200
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$13.86 - $30.82  
   
Overtime
$8.21 - $45.33  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$1,039 - $13,506  
   
Profit Sharing
$2,000  
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).
)
$42,994 - $85,752  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 21
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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 $76K annually.

Associate Financial Analyst Job Listings

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Popular Skills for Associate Financial Analyst


Survey takers who work as Associate Financial Analysts typically report just a few professional skills. Most notably, skills in Financial Modeling, Financial Analysis, Financial Reporting, and Microsoft Excel are correlated to pay that is above average. It is often found that people who know Financial Analysis are also skilled in 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.


Relatively untried employees who have less than five years' experience make $56K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $67K. Associate Financial Analysts who work for 10 to 20 years in their occupation tend to earn about $56K. Seasoned veterans with 20 years under their belts enjoy a median income of $53K.

Pay Difference by Location

National Average: $56,276

Larger city markers indicate a job is popular in that location.

For those looking to make money, Associate Financial Analysts in New York enjoy an exceptional pay rate, 33 percent above the national average. Associate Financial Analysts will also find cushy salaries in San Francisco (+24 percent) and Washington (+10 percent). With compensation 4 percent below the national average, Boston is not known for hefty paychecks and actually represents the lowest-paying market.

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

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Experience Affects Associate Financial Analyst Salaries


Experienced
0%

National Average
$56,000


Late-Career
up arrow 6%

Skills That Affect Associate Financial Analyst Salaries

Financial Modeling
up arrow 11%

Financial Analysis
up arrow 2%

National Average
$56,000

Financial Reporting
up arrow 1%

Microsoft Excel
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 19 votes.

Gender

Female
28 %
Male
72 %

Years of Experience

Less than 1 year
24%
1-4 years
60%
5-9 years
12%
10-19 years
4%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 80%
medical benefits
Vision: 68%
dental benefits
None: 8%
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