Junior Financial Analysts in the United States take home an average $48K annually. Including potential for bonuses and profit sharing — peaking near $7K and $6K, respectively — total cash payment to Junior Financial Analysts can bottom out near $37K or peak near $64K depending on individual performance. Career duration is the biggest factor affecting pay for this group, followed by geography. In this profession, most enjoy medical and dental coverage, and the greater part have vision insurance, as well. Men make up a slight majority of Junior Financial Analysts (58 percent) who responded to the survey. For the most part, people in this position report moderate levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
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$38,162 - $63,025
(Median)
$38K
$48K
$63K
MEDIAN: $47,954
10%
50%
90%

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$15.23 - $25.46
(Median)
$15
$21
$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$22K$44K$66K
Salary
$38,162 - $63,025  
   
Bonus
$0.00 - $6,625  
Profit Sharing
$0.00 - $6,050  
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).
)
$37,485 - $63,740  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 241
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
$15.23 - $25.46  
   
Overtime
$23.05 - $38.22  
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 - $6,625  
   
Profit Sharing
$0.00 - $6,050  
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).
)
$37,485 - $63,740  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 43
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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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Junior Financial Analysts do not often transition into Senior Financial Analyst roles. The role averages $76K per year.

Junior Financial Analyst Job Listings

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Popular Skills for Junior Financial Analyst


Survey results show that Junior Financial Analysts use a fair number of skills. Most notably, skills in Data Analysis, Financial Analysis, Financial Reporting, and Microsoft Excel are correlated to pay that is above average. At the other end of the pay range are skills like Microsoft Office. Most people who know Financial Analysis also know Financial Reporting.

Pay Difference by Location

National Average: $48,489

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

Dallas is home to an above-average pay rate for Junior Financial Analysts, 7 percent higher than the national average. Junior Financial Analysts can also look forward to large paychecks in cities like Houston (+4 percent), New York (+4 percent), Boston (+1 percent), and Chicago (+1 percent). The smallest paychecks in the market, 4 percent south of the national average, can be found in Los Angeles. Atlanta and Philadelphia are a couple other places where companies are known to pay below the median — salaries tend to be 2 percent less than the median.

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Experience Affects Junior Financial Analyst Salaries

Experienced
up arrow 44%

Mid-Career
up arrow 8%

National Average
$48,000


Skills That Affect Junior Financial Analyst Salaries

Data Analysis
up arrow 5%

Financial Analysis
up arrow 3%

Financial Reporting
up arrow 2%

National Average
$48,000

Microsoft Excel
up arrow 1%

Financial Modeling
up arrow 2%

Microsoft Office
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
29%
1-4 years
62%
5-9 years
6%
10-19 years
1%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 83%
medical benefits
Vision: 67%
dental benefits
None: 11%
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