Junior Financial Analyst Salary

Junior Financial Analysts in the United States pull down an average of $49K annually. In the world of Junior Financial Analysts, overall income ranges from $39K near the bottom to $63K at the top; this can include more than $7K from bonuses and more than $8K from profit sharing in exceptional cases. Career duration is the biggest factor affecting pay for this group, followed by geography. Men account for the majority of Junior Financial Analysts who responded to the questionnaire — 62 percent to be exact. Medical and dental benefits are awarded to most, and the greater part earn vision coverage. Most Junior Financial Analysts are fairly content with their jobs, and work satisfaction falls in line with the national average. The numbers in this rundown were provided by PayScale's salary survey participants.
Read More
$39,047 - $61,775
$39K
$49K
$62K
MEDIAN: $48,672
10%
50%
90%

Add this chart to your site: 640px    300px

$15.22 - $24.76
$15
$20
$25
MEDIAN: $19.78
10%
50%
90%

Add this chart to your site: 640px    300px

$0$62K
Salary $39,047 - $61,775
Bonus $0.00 - $6,821
Profit Sharing $0.00 - $7,928
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).
)
$37,492 - $62,149
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 217
Hourly Data $0$39
Hourly Rate $15.22 - $24.76
Overtime $23.17 - $39.04
Annual Data $0$62K
Bonus $0.00 - $6,821
Profit Sharing $0.00 - $7,928
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).
)
$37,492 - $62,149
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 45

Find Out Exactly What You Should Be Paid

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


There are some Junior Financial Analysts — though it's uncommon — that transition into Senior Financial Analysts, where earnings are an average $76K annually.

Junior Financial Analyst Job Listings

Popular Skills for Junior Financial Analyst


Junior Financial Analysts report using a diverse set of skills on the job. Most notably, skills in Data Analysis, Financial Analysis, Financial Modeling, and Financial Reporting are correlated to pay that is above average. Skills that seem to negatively impact pay include Microsoft Office. The majority of those who know Financial Analysis also know Financial Reporting.

Pay Difference by Location

National Average: $48,341

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

For Junior Financial Analysts, working in the bustling city of Chicago has its advantages, including an above-average pay rate. Junior Financial Analysts can also look forward to large paychecks in cities like Dallas (+6 percent), Washington (+3 percent), Houston (+3 percent), and Los Angeles (+2 percent). San Diego is home to the smallest salaries in the field, lagging the national average by 7 percent. Employers also pay below the national average in Atlanta and Philadelphia (2 percent lower).

Related Job Salaries

Key Stats for Junior Financial Analyst

Gender

Female
36 %
Male
64 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 29 votes.
Less than 1 year
27%
1-4 years
68%
5-9 years
4%
10-19 years
1%
20 years or more
0%
ADVERTISEMENT
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 29 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
27%
1-4 years
68%
5-9 years
4%
10-19 years
1%
20 years or more
0%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 81%
vision benefits
Vision: 69%
no benefits
None: 11%
ADVERTISEMENT