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Finance Analyst Salary

Earnings for Finance Analysts in the United States come in at around $56K per year on average. Cash earnings for Finance Analysts — including $10K in bonuses and $5K in profit sharing proceeds near the top of the pay scale — generally stretch from $39K to $80K depending on individual performance. Residence and career duration each impact pay for this group, with the former having the largest influence. For the most part, Finance Analysts enjoy their work and report high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a fair number collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.

$39,565 - $76,812
(Median)
$40K
$56K
$77K
MEDIAN: $56,181
10%
50%
90%

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$14.47 - $32.52
(Median)
$14
$21
$33
MEDIAN: $20
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
$39,565 - $76,812  
   
Bonus
$0.00 - $9,939  
Profit Sharing
$195.74 - $5,189  
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).
)
$39,165 - $80,157  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 839
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
$14.47 - $32.52  
   
Overtime
$11.82 - $52.26  
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 - $9,939  
   
Profit Sharing
$195.74 - $5,189  
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).
)
$39,165 - $80,157  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 71

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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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Advancing into a Finance Manager role seems to be a popular career move for Finance Analysts, and folks who currently work in the latter position report a notably larger median income of $83K per year. Finance Analysts typically move into roles as Senior Financial Analysts or Senior Finance Analysts, and those positions pay $18K more and $15K more, respectively.

Finance Analyst Job Listings

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Popular Skills for Finance Analyst


Finance Analysts report using a pretty varied skill set on the job. 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 11 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Access. Most people who know 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.


The average worker who claims fewer than five years of experience earns around $54K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $65K. Finance Analysts bring in $68K after working for 10 to 20 years. For some reason, Finance Analysts with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $64K.

Pay Difference by Location


Houston is home to an above-average pay rate for Finance Analysts, 23 percent higher than the national average. Finance Analysts will also find cushy salaries in San Jose (+23 percent), San Diego (+20 percent), New York (+12 percent), and Seattle (+12 percent). Falling short of the national average by 11 percent, the area with the worst salaries is Dallas. Employers also pay below the national average in Boston and Atlanta (6 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 11%

Financial Analysis
up arrow 4%

Budgeting
up arrow 4%

Microsoft Excel
up arrow 2%

Financial Reporting
up arrow 2%

Accounting
up arrow 2%

National Average
$57,000

Microsoft Access
up arrow 4%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 190 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
14%
1-4 years
51%
5-9 years
20%
10-19 years
11%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 79%
vision benefits Vision: 66% employee benefits None: 8%