Associate Financial Analysts in the United States take home an average $55K per year. Overall cash earnings for Associate Financial Analysts stretch from $44K on the lower end to $91K near the top, and the heftiest packages can encompass around $12K from bonuses and $5K from profit sharing. Geography and career length each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Most workers in this position report high levels of job satisfaction. Making up 73 percent of those who took the survey, male Associate Financial Analysts greatly outnumber their female counterparts. This report is based on responses to the PayScale salary survey.

$44,392 - $84,980
$44K
$55K
$85K
MEDIAN: $55,294
10%
50%
90%

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$14.24 - $31.25
$14
$24
$31
MEDIAN: $23.79
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$31K$62K$93K
Salary
$44,392 - $84,980  
   
Bonus
$1,359 - $11,973  
Profit Sharing
$0.00 - $4,966  
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).
)
$43,818 - $90,558  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 195
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
$14.24 - $31.25  
   
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
$1,359 - $11,973  
   
Profit Sharing
$0.00 - $4,966  
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).
)
$43,818 - $90,558  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 19

Find Out Exactly What You Should Be Paid

United States (change)

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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

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

Common Career Paths for Associate Financial Analyst


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While Associate Financial Analysts do not often become Senior Financial Analysts, the job pays $76K per year on average.

Associate Financial Analyst Job Listings

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Popular Skills for Associate Financial Analyst


Associate Financial Analysts report a focused set of job skills. Most notably, skills in Financial Modeling, Financial Analysis, Financial Reporting, and Microsoft Excel are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Data Analysis. Those proficient in Financial Analysis are, more often than not, 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 $57K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $73K. Associate Financial Analysts with one to two decades of relevant experience report an average salary of approximately $82K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $53K.

Pay Difference by Location

National Average: $56,980

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

Associate Financial Analysts will find that New York offers an impressive pay rate, one which exceeds the national average by 41 percent. Associate Financial Analysts will also find cushy salaries in San Francisco (+22 percent), Chicago (+19 percent), Washington (+9 percent), and Miami (+3 percent). Associate Financial Analysts' salaries are heavily influenced by location — Associate Financial Analysts in Minneapolis bring in salaries that are 21 percent lower than the national average.

Associate Financial Analyst Reviews

Q: 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

Key Stats for Associate Financial Analyst

Gender

Female
27 %
Male
73 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.
058
Less than 1 year
23%
1-4 years
58%
5-9 years
15%
10-19 years
3%
20 years or more
0%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Associate Financial Analyst Salaries

Experienced
up arrow 43%


National Average
$57,000


Late-Career
up arrow 8%

Skills That Affect Associate Financial Analyst Salaries

Financial Modeling
up arrow 14%


National Average
$57,000


Financial Reporting
up arrow 2%

Data Analysis
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
23%
1-4 years
58%
5-9 years
15%
10-19 years
3%
20 years or more
0%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
dental benefits
None: 9%
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