Junior Financial Analyst Salary

The average Junior Financial Analyst in the United States earns approximately $48K per year. Including potential for bonuses and profit sharing — peaking near $6K and $8K, respectively — total cash payment to Junior Financial Analysts can bottom out near $38K or peak near $62K depending on individual performance. Experience level and the particular city each impact pay for this group, with the former having the largest influence. There are more male Junior Financial Analysts than female among those who completed the questionnaire, making up 61 percent. A large number receive medical and dental insurance and the larger part get vision insurance. Job satisfaction is high and work is enjoyable for most Junior Financial Analysts. The data in this summary comes from the PayScale salary survey.
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$38,854 - $61,342
$39K
$48K
$61K
MEDIAN: $48,268
10%
50%
90%

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$15.26 - $25.21
$15
$20
$25
MEDIAN: $20.14
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
$38,854 - $61,342  
   
Bonus
$0.00 - $6,172  
Profit Sharing
$-0.50 - $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).
)
$37,880 - $61,507  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 222
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
$15.26 - $25.21  
   
Overtime
$22.06 - $38.62  
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 - $6,172  
   
Profit Sharing
$-0.50 - $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).
)
$37,880 - $61,507  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 44

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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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Advancing into a Senior Financial Analyst role seems to be a popular career move for Junior Financial Analysts, and folks who currently work in the latter position report a notably larger median income of $76K per year.

Junior Financial Analyst Job Listings

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Popular Skills for Junior Financial Analyst


Survey results suggest that Junior Financial Analysts use a fairly large toolkit of professional skills. Most notably, skills in Data Analysis, Financial Analysis, Financial Modeling, and Financial Reporting are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office. Those educated in Financial Analysis tend to be well versed in Financial Reporting.

Pay Difference by Location

National Average: $48,427

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

Surpassing the national average by 9 percent, Junior Financial Analysts in Chicago receive some of the highest pay in the country. Junior Financial Analysts will also find cushy salaries in Dallas (+7 percent), Washington (+4 percent), Houston (+4 percent), and Los Angeles (+4 percent). The lowest-paying market is San Diego, which sits 6 percent below the national average. Workers in Atlanta and Philadelphia earn less than others in this profession; their salaries fall short of the national average by 1 percent.

Related Job Salaries

Key Stats for Junior Financial Analyst

Gender

Female
39 %
Male
61 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 24 votes.
Less than 1 year
30%
1-4 years
63%
5-9 years
5%
10-19 years
1%
20 years or more
1%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Junior Financial Analyst Salaries

Experienced
▲45%

▲8%

▼0%

National Average
$48,000

Skills That Affect Junior Financial Analyst Salaries




Financial Modeling
▲2%

Microsoft Excel
▼0%

National Average
$48,000

Microsoft Office
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 24 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
30%
1-4 years
63%
5-9 years
5%
10-19 years
1%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 82%
vision benefits
Vision: 66%
no benefits
None: 10%