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Junior Financial Analyst Salary

Median pay for Junior Financial Analysts in the United States is around $44K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. The majority of Junior Financial Analysts (62 percent) survey respondents are male. Most Junior Financial Analysts report high levels of job satisfaction. This report is based on responses to the PayScale salary survey.
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$34,798 - $59,935
(Median)
$35K
$44K
$60K
MEDIAN: $44,117
10%
50%
90%

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$13.52 - $25.02
(Median)
$14
$19
$25
MEDIAN: $19.00
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$21K$42K$63K
Salary
$34,798 - $59,935  
   
Bonus
$0.00 - $5,811  
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).
)
$34,317 - $61,276  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 210
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$12$24$36
Hourly Rate
$13.52 - $25.02  
   
Overtime
$1.20 - $35.98  
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$24K$48K$72K
Bonus
$0.00 - $5,811  
   
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).
)
$34,317 - $61,276  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 37

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United States (change)


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Job Description for Junior Financial Analyst

A junior financial analyst is responsible for assisting senior analysts in various accounting and/or financial management duties. Depending on the structure and function of the organization, a junior financial analyst may be part of the finance or accounting department. Duties may include gathering and analyzing market data, as well as drafting financial reports. Data collection may take place through research, interviews, and Internet searches. Analysis is typically communicated through written financial and statistical reports. Accounting tasks tend to include preparation of monthly accounting statements, analysis of internal financials, monitoring budgets, and documenting variances. At the discretion of the senior team members, a junior financial analyst may also be called on to make recommendations.

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Junior Financial Analyst Tasks

  • Analyze business processes and procedures to identify areas of weakness; offer solutions to improve operations.
  • Prepare financial reports on market trends, customer analysis, statistics, costs and margin structures.
  • Analyze and interpret financial and market data to provide logical, repeatable explanations.

Common Career Paths for Junior Financial Analyst


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While Junior Financial Analysts do not often become Senior Financial Analysts, the job pays $74K per year on average.

Junior Financial Analyst Job Listings

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Popular Skills for Junior Financial Analyst


Job skills reported by Junior Financial Analysts are limited. Most notably, skills in Financial Analysis, Financial Reporting, Microsoft Excel, and Financial Modeling are correlated to pay that is above average. Most people skilled in Financial Analysis are similarly competent in Financial Reporting.

Pay Difference by Location


Junior Financial Analysts will find that Boston offers an impressive pay rate, one which exceeds the national average by 19 percent. Junior Financial Analysts will also find cushy salaries in Houston (+14 percent), New York (+7 percent), Los Angeles (+6 percent), and Washington (+3 percent). Chicago is the lowest-paying area, 7 percent south of the national average.

Related Job Salaries

United States (change)

Experience Affects Junior Financial Analyst Salaries

Experienced
up arrow 41%

Mid-Career
up arrow 11%

National Average
$44,000


Skills That Affect Junior Financial Analyst Salaries

Financial Analysis
up arrow 2%

Financial Reporting
up arrow 1%

National Average
$44,000

Microsoft Excel
up arrow 2%

Financial Modeling
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
30%
1-4 years
59%
5-9 years
7%
10-19 years
4%
20 years or more
1%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 79%
vision benefits Vision: 62% employee benefits None: 12%
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