An average Junior Financial Analyst in the United States can expect to take home roughly $48K per year. Cash earnings for Junior Financial Analysts — which occasionally include more than $5K from bonuses and more than $8K from profit sharing — stretch from around $38K to approximately $61K. Career duration and the particular city each impact pay for this group, with the former having the largest influence. The majority of Junior Financial Analysts claim high levels of job satisfaction. A large number receive medical and dental insurance and the larger part get vision insurance. This snapshot results from replies to PayScale's salary survey.
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$38,540 - $61,352
$39K
$48K
$61K
MEDIAN: $48,165
10%
50%
90%

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$15.29 - $25.34
$15
$20
$25
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$21K$42K$63K
Salary
$38,540 - $61,352  
   
Bonus
$0.00 - $5,420  
Profit Sharing
$0.00 - $7,854  
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).
)
$37,588 - $61,479  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 242
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$15.29 - $25.34  
   
Overtime
$22.80 - $38.01  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $5,420  
   
Profit Sharing
$0.00 - $7,854  
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).
)
$37,588 - $61,479  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 45

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

Common Career Paths for Junior Financial Analyst


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Many Junior Financial Analysts move into a Senior Financial Analyst role, and folks who currently hold that position report a much higher median income of $76K per year.

Junior Financial Analyst Job Listings

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Popular Skills for Junior Financial Analyst


Junior Financial Analysts report using a wide range of professional skills. Most notably, skills in Data Analysis, Financial Analysis, Financial Reporting, and Microsoft Excel are correlated to pay that is above average. Skills that seem to negatively impact pay include Microsoft Office. For most people, competency in Financial Analysis indicates knowledge of Financial Reporting.

Pay Difference by Location

National Average: $48,392

Larger city markers indicate a job is popular in that location.

Junior Financial Analysts will find that Dallas offers an impressive pay rate, one which exceeds the national average by 7 percent. Junior Financial Analysts will also find cushy salaries in Houston (+4 percent), Washington (+3 percent), New York (+3 percent), and Boston (+2 percent). San Diego ranks last in the field for pay, reporting salaries 3 percent below the national average. Below-median salaries also turn up in Los Angeles and Atlanta (2 percent lower).

Related Job Salaries

Key Stats for Junior Financial Analyst

Gender

Female
41 %
Male
59 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 26 votes.
Less than 1 year
29%
1-4 years
63%
5-9 years
6%
10-19 years
1%
20 years or more
1%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Junior Financial Analyst Salaries

Experienced
up arrow 45%


National Average
$48,000


Skills That Affect Junior Financial Analyst Salaries


Data Analysis
up arrow 3%


Microsoft Excel
0%

Financial Modeling
0%

National Average
$48,000

Microsoft Office
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 26 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
29%
1-4 years
63%
5-9 years
6%
10-19 years
1%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 81%
vision benefits
Vision: 67%
dental benefits
None: 11%
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