Finance Analyst Salary (United States)

Approximately two-thirds of Finance Analysts report fewer than five years in the field, making for a fairly junior workforce. The group as a whole takes home roughly $56,851 per year on average. Compensation generally starts at $38,605 and does not exceed $79,945 per year. Overall cash earnings for Finance Analysts stretch from $39,183 on the lower end to $77,315 near the top, and the heftier packages can encompass around $9,841 from bonuses and $7,946 from profit sharing. Geographic location and tenure each impact pay for this group, with the former having the largest influence. The majority in this profession are lucky enough to receive benefits; most get medical and dental insurance, and a majority get vision plans, too. Men make up a slight majority of Finance Analysts (58 percent). The majority of Finance Analysts claim high levels of job satisfaction. The numbers for this synopsis were furnished by individuals who completed PayScale's salary questionnaire.
Finance Analyst Salary (?
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.
)
$39,183 - $77,315
(Median)
39K
47K
56K
67K
77K
MEDIAN: $56,317
10%
25%
50%
75%
90%
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Finance Analyst Salary (?
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.
)
$14.45 - $28.77
(Median)
14
20
25
29
MEDIAN: $20
10%
50%
75%
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$27K$54K$81K
Salary
$39,183 - $77,315  
   
Bonus
$0.00 - $9,841  
Profit Sharing
$195.74 - $7,946  
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).
)
$38,605 - $79,945  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 722
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$18$36$54
Hourly Rate
$14.45 - $28.77  
   
Overtime
$10.85 - $53.28  
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$50K$100K$150K
Bonus
$0.00 - $9,841  
   
Profit Sharing
$195.74 - $7,946  
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).
)
$38,605 - $79,945  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 61
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Job Description for Finance Analyst

  • Create reports, presentations and other communicative devices to convey data and recommendations.
  • Oversee audits and make recommendations based on findings.
  • Identify metrics, analyze data, create models and forecasts and update existing analyses.
  • Reconcile data, research root causes for discrepancies and assist in updating processes.

Common Career Paths for Finance Analyst

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Oftentimes, Finance Analysts' salaries rise greatly in accordance with career advancement. Those who assume a higher-end position such as a Finance Manager usually get paid an extra $26K per year. It is quite typical for Finance Analysts to transition into roles as Senior Financial Analysts or Senior Finance Analysts, where expected earnings are an additional $17,196 or $14,631 per year.

Finance Analyst Job Listings

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Popular Skills for Finance Analyst

Survey results imply that Finance Analysts put a diverse skill set to use. Most notably, skills in Financial Modeling, Financial Analysis, Budgeting, and Accounting are correlated to pay that is above average, with boosts of 16 percent, 4 percent, 4 percent, and 4 percent, respectively. Those educated in Financial Analysis tend to be well-versed in Financial Reporting.

Pay by Experience Level for Finance Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Though starting salaries approximate $55K, they climb to $65K after five to 10 years. Those with one to two decades of experience under their belt tend to see salaries around $69,981. Following a couple decades of work, Finance Analysts watch their salaries dip to an average of $63K. Experienced employees who have 10-20 years of experience make up 11 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 13 percent, and senior people with more than 20 years under their belt fill out the remaining less than five. Workers in this area tend to have one to nine years of experience.

Pay Difference By Location

up arrow 24%
San Jose
up arrow 21%
up arrow 17%
San Diego
up arrow 15%
up arrow 12%
San Francisco
up arrow 11%
up arrow 6%
National Average
$57,000
Atlanta
up arrow 1%
Washington
up arrow 1%
Denver
up arrow 6%
up arrow 9%
Phoenix
up arrow 9%
Philadelphia
up arrow 18%
Cleveland
up arrow 30%
Larger circles over a city indicate a job is popular in that location.
Surpassing the national average by 24 percent, Finance Analysts in Houston receive some of the highest pay in the country. San Jose, Seattle, San Diego, and New York also offer top salaries for Finance Analysts. Workers in these cities can expect to earn about 21 percent, 17 percent, 15 percent, and 12 percent more, respectively. One of the biggest compensable factors for Finance Analysts is geography, with workers in Cleveland earning a whopping 30 percent below the national average. Not at the bottom but still paying below the median are employers in Philadelphia and Boston (-18 percent and -9 percent, respectively).

Related Job Salaries

Experience Affects Finance Analyst Salaries

National Average
$57,000

Skills That Affect Finance Analyst Salaries

Financial Modeling
up arrow 16%
Financial Analysis
up arrow 4%
Budgeting
up arrow 4%
Accounting
up arrow 3%
Financial Reporting
up arrow 2%
Microsoft Excel
up arrow 1%
National Average
$57,000
Microsoft Access
up arrow 2%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 188 votes.

Gender

Female
42%
female alumni
 
Male
58%
male alumni

Years of Experience

Less than 1 year
13%
1-4 years
50%
5-9 years
22%
10-19 years
11%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 79%
vision benefits Vision: 65% employee benefits None: 9%
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