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Finance Analyst Salary

Finance Analysts in the United States can expect wages of $56K annually on average. Total cash compensation to Finance Analysts approaches anywhere from $39K on the lower end to $80K on the higher end; in exceptional cases, this can include more than $10K from bonuses and upwards of $8K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by tenure. Women are just slightly outnumbered, with male Finance Analysts making up 58 percent of survey respondents. Medical benefits are awarded to nearly all, and a strong majority earn dental coverage. Work is enjoyable for Finance Analysts, who typically claim high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.
$39,260 - $77,137
(Median)
39K
47K
56K
67K
77K
MEDIAN: $56,385
10%
25%
50%
75%
90%

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$14.51 - $29.91
(Median)
15
21
26
30
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
$39,260 - $77,137  
   
Bonus
$0.00 - $9,916  
Profit Sharing
$206.08 - $7,757  
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).
)
$38,899 - $80,309  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 787
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
$14.51 - $29.91  
   
Overtime
$11.07 - $53.26  
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 - $9,916  
   
Profit Sharing
$206.08 - $7,757  
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).
)
$38,899 - $80,309  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 64
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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Finance Analysts often transition into upper level Finance Manager positions, where pay tends to be much higher. On average, Finance Managers earn $83K per year. Senior Financial Analysts or Senior Finance Analysts are common next-step roles for Finance Analysts moving up in their careers; annual pay for Senior Financial Analysts is $17K higher on average, and it's $15K higher for Senior Finance Analysts.

Finance Analyst Job Listings

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Popular Skills for Finance Analyst


Survey results suggest that Finance Analysts use a fairly large toolkit of professional skills. Most notably, skills in Financial Modeling, Budgeting, Financial Analysis, and Accounting are correlated to pay that is above average, with boosts between 5 percent and 15 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Access. Most people skilled in Financial Analysis are similarly competent in Financial Reporting.

Pay by Experience Level for Finance 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 $55K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $65K. Finance Analysts see a median salary of $69K after reaching one to two decades on the job. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $62K.

Pay Difference by Location


For Finance Analysts, busy Houston offers a higher-than-average pay rate, 23 percent above the national average. Finance Analysts can also look forward to large paychecks in cities like San Jose (+22 percent), Seattle (+17 percent), San Diego (+14 percent), and New York (+11 percent). Place of residence plays a huge part in a Finance Analyst's salary, with Cleveland Finance Analysts earning salaries that are 30 percent less than the national average. A couple other locations with smaller-than-average paychecks include Philadelphia (17 percent lower) and Boston (7 percent lower).

Related Job Salaries

Experience Affects Finance Analyst Salaries




National Average
$57,000


Skills That Affect Finance Analyst Salaries

Financial Modeling
up arrow 15%



Accounting
up arrow 3%

Microsoft Excel
up arrow 2%

Financial Reporting
up arrow 2%

National Average
$57,000

Microsoft Access
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 185 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
14%
1-4 years
50%
5-9 years
21%
10-19 years
11%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 79%
vision benefits Vision: 65% employee benefits None: 8%