Associate Financial Analyst Salary

Associate Financial Analysts in the United States can expect to earn an average of $56K per year. Career duration and the particular city each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a strong majority. Making up 75 percent of those who took the survey, male Associate Financial Analysts greatly outnumber their female counterparts. Job satisfaction is high and work is enjoyable for most Associate Financial Analysts. The information for this snapshot was generated by responses to the PayScale salary survey.

$45,349 - $83,879
$45K
$56K
$84K
MEDIAN: $56,293
10%
50%
90%

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$14.43 - $30.32
$14
$24
$30
MEDIAN: $23.57
10%
50%
90%

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$0$88K
Salary $45,349 - $83,879
Bonus $1,010 - $11,049
Profit Sharing $1,500
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).
)
$44,725 - $88,492
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 166
Hourly Data $0$46
Hourly Rate $14.43 - $30.32
Overtime $8.14 - $46.05
Annual Data $0$88K
Bonus $1,010 - $11,049
Profit Sharing $1,500
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).
)
$44,725 - $88,492
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 13

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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Many Associate Financial Analysts move into a Senior Financial Analyst role, and folks who currently hold that position report a much higher median income of $76K per year.

Associate Financial Analyst Job Listings

Popular Skills for Associate Financial Analyst


Associate Financial Analysts generally report applying a varied skill set to their work. Most notably, skills in Financial Modeling, Financial Analysis, Microsoft Excel, and Financial Reporting are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis. Those educated in Financial Analysis tend to be well versed in Financial Reporting and Financial Modeling.

Pay by Experience Level for Associate Financial Analyst

Pay by Experience for an Associate Financial Analyst has a negative trend. An entry-level Associate Financial Analyst with less than 5 years of experience can expect to earn an average total compensation of $57,000 based on 173 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Associate Financial Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $76,000 based on 31 salaries. An experienced Associate Financial Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $90,000 based on 6 salaries. An Associate Financial Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $53,000 based on 6 salaries.

Pay Difference by Location

National Average: $57,815

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

New York is home to an above-average pay rate for Associate Financial Analysts, 37 percent higher than the national average. Associate Financial Analysts will also find cushy salaries in Detroit (+26 percent), San Francisco (+21 percent), Chicago (+13 percent), and Washington (+7 percent). Compared to the national average, Minneapolis Associate Financial Analysts have considerably lower salaries, 22 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Two other places where employers offer below-median salaries are Baltimore (20 percent less) and Columbus (15 percent less).

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
25 %
Male
75 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.
Less than 1 year
25%
1-4 years
58%
5-9 years
15%
10-19 years
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Associate Financial Analyst Salaries

Experienced
▲55%

▲31%

National Average
$58,000

▼1%

Late-Career
▼9%

Skills That Affect Associate Financial Analyst Salaries



National Average
$58,000



Data Analysis
▼6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
25%
1-4 years
58%
5-9 years
15%
10-19 years
2%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 79%
vision benefits
Vision: 72%
no benefits
None: 10%
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