Finance Analyst Salary

Finance Analysts in the United States pull down an average of $56K annually. Incomes of Finance Analysts vary widely depending on performance components; bonuses and profit sharing that can occasionally exceed $10K cause paychecks to spread between $39K on the low end and $80K on the high end. The most influential factor affecting pay for this group is location, though career duration and the specific company have a (lesser) impact as well. Male Finance Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 58 percent of the field. The majority of workers are highly satisfied with their job. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to the larger part. This snapshot results from replies to PayScale's salary survey.

$39,337 - $76,836
(Median)
$39K
$56K
$77K
MEDIAN: $56,344
10%
50%
90%

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$14.05 - $32.75
(Median)
$14
$22
$33
MEDIAN: $21.00
10%
50%
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
$39,337 - $76,836  
   
Bonus
$0.00 - $9,939  
Profit Sharing
$275.84 - $9,729  
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).
)
$38,781 - $80,401  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 856
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
$14.05 - $32.75  
   
Overtime
$11.98 - $51.90  
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 - $9,939  
   
Profit Sharing
$275.84 - $9,729  
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).
)
$38,781 - $80,401  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 80
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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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Finance Analysts who move on to become Finance Managers may enjoy significant pay raises, as Finance Managers get paid an average of $83K per year. It is quite typical for Finance Analysts to transition into roles as Senior Financial Analysts or Senior Finance Analysts, where reported median earnings are $18K and $15K higher per year.

Finance Analyst Job Listings

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Popular Employer Salaries for Finance Analyst


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, Budgeting, Financial Analysis, and Accounting are correlated to pay that is above average, with boosts between 4 percent and 10 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Access. Those proficient in Financial Analysis are, more often than not, also skilled in 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 $55K, 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 $67K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $63K.

Pay Difference by Location


San Jose is home to an above-average pay rate for Finance Analysts, 24 percent higher than the national average. Finance Analysts can also look forward to large paychecks in cities like Houston (+22 percent), Seattle (+13 percent), San Francisco (+12 percent), and New York (+12 percent). The smallest paychecks in the market, 10 percent south of the national average, can be found in Atlanta. A couple other locations with smaller-than-average paychecks include Boston and Denver (5 percent lower).

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 10%


Financial Analysis
up arrow 4%

Accounting
up arrow 2%

Microsoft Excel
up arrow 1%

Financial Reporting
up arrow 1%

National Average
$57,000

Microsoft Access
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 167 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
14%
1-4 years
51%
5-9 years
20%
10-19 years
10%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 80%
vision benefits Vision: 67% employee benefits None: 8%
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