Financial Analyst, Corporate Salary
The average Corporate Financial Analyst in the United States can expect to rake in roughly $62K per year. Total cash compensation for Corporate Financial Analysts runs from $46K to $95K depending on bonuses that can occasionally exceed $12K and profit sharing that can reach almost $15K. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. Corporate Financial Analysts who participated in the survey are largely men, dominating at 68 percent. Medical benefits are awarded to almost all, and a large number earn dental coverage.
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
As Corporate Financial Analysts transition into upper-level roles such as Chief Financial Officer, they may see a strong upturn in salary. Chief Financial Officers earn $123K on average per year. A common career progression for a Corporate Financial Analyst is to become a Senior Financial Analyst or a Finance Manager. Compared to Corporate Financial Analysts, the first group earns $11K more on average, and the second group earns $20K more.
Financial Analyst Job Listings
Search for more jobs:
Popular Skills for Financial Analyst, Corporate
Corporate Financial Analysts report using a large range of skills on the job. Most notably, skills in Accounting, Financial Reporting, Budgeting, and Budget Management are correlated to pay that is above average, with boosts between 3 percent and 5 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Access, Microsoft Office, and Cognos. Most people who know Financial Analysis also know Data Analysis, Forecasting, and Accounting.
Pay by Experience Level for Financial Analyst, Corporate
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Corporate Financial Analysts with a rich background of experience are typically rewarded with larger paychecks. Salaries for inexperienced workers average out to $73K, and those with five to 10 years' experience earn a higher median of $60K. Corporate Financial Analysts bring in $79K after working for 10 to 20 years. Survey participants who have worked for more than two decades report bringing in $102K on average.
Pay Difference by Location
San Francisco offers some of the highest pay in the country for Corporate Financial Analysts, 41 percent above the national average. Corporate Financial Analysts will also find cushy salaries in Boston (+16 percent), Seattle (+14 percent), Chicago (+12 percent), and Portland (+10 percent). Salt Lake City is home to the smallest salaries in the field, lagging the national average by 20 percent. Below-median salaries also turn up in Orlando and Columbus (7 percent lower and 3 percent lower, respectively).
Related Job Salaries
Key Stats for Financial Analyst, Corporate
Rated 4 out of 5
based on 63 votes.