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Finance Analyst Salary (United States)

Slightly less than two-thirds of Finance Analysts report less than five years' experience, making for a field full of relatively fresh workers who earn around $56K annually on average. In the world of Finance Analysts, overall cash allowance can occasionally include more than $10K from bonuses and, in some exceptional cases, $8K from profit sharing, causing incomes to vary widely between $39K and $80K. Residence is the biggest factor affecting pay for this group, followed by years of experience. Medical benefits are awarded to a strong majority, and most earn dental coverage. Male Finance Analysts are just a bit more common than females ones, with males workers composing 58 percent of the field. The majority of Finance Analysts claim high levels of job satisfaction. This report is based on responses to the PayScale salary survey.
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  
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  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 61
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Location:
Years in Field/Career:
United States (change)

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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Compensation usually increases greatly for Finance Analysts who advance to upper-end positions like Finance Manager. Finance Managers usually make $83K per year. When Finance Analysts are ready for the next step in their careers, they often become Senior Financial Analysts or Senior Finance Analysts. Those roles pay an additional $17K and $15K, respectively.

Finance Analyst Job Listings

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Popular Skills for Finance Analyst

Survey results suggest that Finance Analysts put a wide range of professional skills 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. Most people experienced in Financial Analysis also know Financial Reporting.

Pay by Experience Level for Finance Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Salaries of relatively inexperienced workers fall in the neighborhood of $54K, but folks who have racked up five to 10 years see a notably higher median of $65K. For Finance Analysts, 10 to 20 years of experience on the job amounts to an average salary of $70K. For some reason, Finance Analysts with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $63K. Between one and nine years is the typical spectrum of experience for those in this line of work — of those who took the survey, a fair portion land within it. Experienced employees who have 10-20 years of experience make up close to a tenth of the workforce; inexperienced individuals who have been working for less than one year comprise one-eighth, and senior people with more than 20 years under their belt fill out the remaining less than five percent.

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.
Houston is home to an above-average pay rate for Finance Analysts, 24 percent higher than the national average. Also paying near the top of the field are San Jose, Seattle, San Diego, and New York, where Finance Analysts annually earn 21 percent, 17 percent, 15 percent, and 12 percent more than the national average. Compared to the national average, Cleveland Finance Analysts have considerably lower salaries, 30 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Below-median salaries also turn up in Philadelphia and Boston (18 percent lower and 9 percent lower, respectively).

Related Job Salaries

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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%