Financial Analyst, Corporate Salary
Earnings for Corporate Financial Analysts in the United States come in at around $62K annually on average. Final cash compensation to Corporate Financial Analysts varies from around $46K to approximately $95K; choice pay grades include potential for bonuses and profit sharing as high as $12K and $15K, respectively. Career duration is the biggest factor affecting pay for this group, followed by geography. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The majority of workers are highly satisfied with their job. Male Corporate Financial Analysts who responded to the survey are more common than women; more than half (67 percent) are men. This report is based on answers to PayScale's salary questionnaire.
|Salary||$46,101 - $88,359|
|Bonus||$981 - $11,843|
|Profit Sharing||$-0.49 - $14,681|
|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).)
|$45,963 - $94,693|
|Hourly Rate||$16.47 - $35.48|
|Overtime||$10.21 - $59.70|
|Bonus||$981 - $11,843|
|Profit Sharing||$-0.49 - $14,681|
|Total Pay (||$45,963 - $94,693|
Job Description for Financial Analyst, Corporate
A corporate financial analyst’s main responsibilities include analyzing and understanding programs such as rebates, royalties, marketing support, and/or promotions. They also have to research, find, and fix any problems associated with customer liability. A corporate financial analyst reviews contracts to make sure companies comply with their organization's standards and audit controls, as well as make sure that fiscal year-end closing deadlines are all met (and any financial schedule is properly prepared). Corporate financial analysts also have to create reports on their analysis as required by management.Read More...
Qualifications for this position typically include a bachelor’s degree in finance or a related field. Employers may also require prior experience in a similar role. A corporate financial analyst should have a thorough understanding of relational databases and be proficient in basic computer software such as Microsoft Excel and Access. They must have excellent interpersonal skills to communicate effectively with individuals at all levels of their organization. The corporate financial analyst's environment is typically high volume and fast paced, requiring the analyst to handle multiple projects at a time. The corporate financial analyst typically works during regular business hours, although overtime may be required as deadlines occur.
Financial Analyst, Corporate Tasks
- Create financial strategies for customers in line with their desires and resources.
- Manage client relationships and grow customer base.
- Assess trends in client and market behavior and modify strategies to optimize financial growth.
- Manage portfolios and update customers on current or future developments.
Common Career Paths for Financial Analyst, Corporate
Corporate Financial Analysts' salaries may rise greatly for those who assume a higher-end position such as a Chief Financial Officer. The average Chief Financial Officer brings home $123K per year. The most common next step for a Corporate Financial Analyst is to become a Senior Financial Analyst or a Finance Manager. The former position pays an additional $11K per year on average, and the latter position pays $20K more per year.
Popular Skills for Financial Analyst, Corporate
Corporate Financial Analysts seem to exploit a large range of skills on the job. Most notably, skills in Data Modeling, Accounting, Financial Reporting, and Budget Management are correlated to pay that is above average, with boosts between 4 percent and 7 percent. Skills that pay less than market rate include Microsoft Access, Microsoft Office, and Cognos. Those familiar with Financial Analysis also tend to know Data Analysis, Forecasting, and Accounting.
Pay by Experience Level for Financial Analyst, Corporate
Pay by Experience for a Financial Analyst, Corporate has a positive trend. An entry-level Financial Analyst, Corporate with less than 5 years of experience can expect to earn an average total compensation of $61,000 based on 255 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Analyst, Corporate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $72,000 based on 100 salaries. An experienced Financial Analyst, Corporate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $78,000 based on 54 salaries. A Financial Analyst, Corporate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $95,000 based on 16 salaries.
Pay Difference by Location
For Corporate Financial Analysts, busy San Francisco offers a higher-than-average pay rate, 39 percent above the national average. Corporate Financial Analysts can also look forward to large paychecks in cities like Boston (+16 percent), Seattle (+14 percent), Chicago (+12 percent), and Portland (+11 percent). Orlando is home to the smallest salaries in the field, lagging the national average by 8 percent. Salt Lake City and Los Angeles are a couple other places where companies are known to pay below the median — salaries are 5 percent lower and 3 percent lower, respectively.
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Key Stats for Financial Analyst, Corporate
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