Associate Financial Analyst Salary

For Associate Financial Analysts, yearly average wages total $56K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Male Associate Financial Analysts are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Medical benefits are awarded to nearly all, and most earn dental coverage. The majority of workers are highly satisfied with their job.

$44,917 - $84,292
$45K
$56K
$84K
MEDIAN: $56,174
10%
50%
90%

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$14.19 - $31.46
$14
$24
$31
MEDIAN: $24.01
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$30K$60K$90K
Salary
$44,917 - $84,292  
   
Bonus
$1,923 - $11,335  
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).
)
$44,360 - $87,994  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 171
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
$14.19 - $31.46  
   
Overtime
$8.21 - $45.96  
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
$1,923 - $11,335  
   
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).
)
$44,360 - $87,994  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 18

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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Associate Financial Analysts might see a strong upturn in salary after transitioning into upper-level roles such as Senior Financial Analyst, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $76K per year.

Associate Financial Analyst Job Listings

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Popular Skills for Associate Financial Analyst


Survey results imply that Associate Financial Analysts put a diverse skill set to use. Most notably, skills in Financial Modeling, Financial Analysis, Microsoft Excel, and Financial Reporting 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

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: $57,886

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

Home to some of the best pay for Associate Financial Analysts, New York offers exceptional salaries, 36 percent above the national average. Associate Financial Analysts can also look forward to large paychecks in cities like Detroit (+26 percent), San Francisco (+20 percent), Chicago (+13 percent), and Washington (+7 percent). Associate Financial Analysts in Minneapolis report much lower salaries than the rest of the country — 22 percent below the national average — proving that residence is a major factor in overall pay. Workers in Baltimore and Columbus earn salaries that trail the national average for those in this profession (20 percent less and 15 percent less, respectively).

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
28 %
Male
72 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.
Less than 1 year
25%
1-4 years
57%
5-9 years
15%
10-19 years
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Associate Financial Analyst Salaries

Experienced
▲55%

▲31%

National Average
$58,000

▼2%

Late-Career
▼9%

Skills That Affect Associate Financial Analyst Salaries



National Average
$58,000



Data Analysis
▼7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.

Gender

Female
28 %
Male
72 %

Years of Experience

Less than 1 year
25%
1-4 years
57%
5-9 years
15%
10-19 years
3%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 82%
vision benefits
Vision: 71%
no benefits
None: 9%