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Junior Financial Analyst Salary

Median pay for Junior Financial Analysts in the United States is around $44K annually. Most receive medical and dental insurance and more than half get vision insurance. More than half of Junior Financial Analysts (63 percent) survey respondents are men. Work is enjoyable for Junior Financial Analysts, who typically claim high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.
$34,795 - $58,795
(Median)
35K
51K
59K
MEDIAN: $43,664
10%
75%
90%

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$13.44 - $24.60
(Median)
13
18
21
25
MEDIAN: $18.00
10%
50%
75%
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$20K$40K$60K
Salary
$34,795 - $58,795  
   
Bonus
$0.00 - $5,134  
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).
)
$34,017 - $59,649  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 160
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
$13.44 - $24.60  
   
Overtime
$0.00 - $35.09  
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 - $5,134  
   
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).
)
$34,017 - $59,649  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 26
United States (change)

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 not commonly seen, Junior Financial Analysts who transition into a Senior Financial Analyst position may see a rise in pay. The median salary for Senior Financial Analysts is $74K per year.

Junior Financial Analyst Job Listings

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Popular Skills for Junior Financial Analyst


Junior Financial Analysts report a narrow range of specific skills. Those who have experience with Financial Analysis, Financial Reporting, and Microsoft Excel can expect to be compensated well for these skills. Those proficient in Financial Analysis are, more often than not, also skilled in Financial Reporting.

Pay Difference by Location


Junior Financial Analysts working in New York make a little more than the national average; however, geographic location doesn't seem to influence pay too heavily overall.

Related Job Salaries

Experience Affects Junior Financial Analyst Salaries

Experienced
up arrow 33%

Mid-Career
up arrow 15%


National Average
$44,000

Skills That Affect Junior Financial Analyst Salaries

Financial Analysis
up arrow 1%

Financial Reporting
0%

National Average
$44,000

Microsoft Excel
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
29%
1-4 years
61%
5-9 years
7%
10-19 years
4%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 81%
vision benefits Vision: 63% employee benefits None: 12%