Senior Financial Analyst in Detroit, Michigan Salary

A Senior Financial Analyst in Detroit, Michigan earns an average salary of $79,387 per year. A skill in SAP SAP Financial Accounting and Controlling (SAP FICO) is associated with high pay for this job.

$62,795 - $102,705
$63K
$81K
$100K
MEDIAN: $81,211
10%
50%
90%

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$0$108K
Salary $62,795 - $102,705
Bonus $2,936 - $14,403
Profit Sharing $7,861
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).
)
$63,206 - $108,097
  • Country: United States
  • Currency: USD
  • Updated: 17 Nov 2017
  • Individuals Reporting: 62

Job Description for Senior Financial Analyst

The position of senior financial analyst requires high degrees of proficiency in analyzing accounting data, determining economic, statistical, and financial risks, and organizing real-world solutions that will lead to the successful completion of their projects. Senior financial analysts may be required to manage teams of analysts, which includes assigning tasks, reviewing reports, determining risks and rewards, compiling data, and organizing presentations for upper management. Senior financial analysts may also be responsible for training team members to develop additional skills and/or improve their existing skills.

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Senior Financial Analyst Tasks

  • Provide financial analysis support to various areas of the company.
  • Prepare detailed annual financial budget and monthly financial forecasts.
  • Assist with preparation of weekly, monthly and quarterly financial analysis schedules of actual vs. budget variances.

About Detroit, Michigan

Wayne County, Michigan
677,124
Male:
319,265 (47.2%)
Female:
357,859 (52.8%)
Detroit (/dᵻˈtrɔɪt/) is the most populous city in the U.S. state of Michigan, the fourth-largest city in the Midwest and the largest city on the United States–Canada border. It is the seat of Wayne County, the most populous county in the state. The municipality of Detroit had a 2015 estimated population of 677,116, making it the 21st-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people and lies at the heart of the Great Lakes Megalopolis area, with around 60 million people. Roughly one-half of Michigan's population lives in Metro Detroit alone. The Detroit–Windsor area, a commercial link straddling the Canada–U.S. border, has a total population of about 5.7 million. Detroit is a major port on the Detroit River, a strait that connects the Great Lakes system to the Saint Lawrence Seaway. The Detroit Metropolitan Airport is among the most important hubs...
Detroit:
$25,980
Michigan:
$51,084
$747
Detroit:
$42,600
Michigan:
$137,500
10.9%

Senior Financial Analyst Job Listings

Pay by Experience Level for Senior Financial Analyst

Pay by Experience for a Senior Financial Analyst has a positive trend. An entry-level Senior Financial Analyst with less than 5 years of experience can expect to earn an average total compensation of $82,000 based on 24 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Financial Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $85,000 based on 23 salaries. An experienced Senior Financial Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $81,000 based on 14 salaries. A Senior Financial Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $98,000 based on 8 salaries.

Key Stats for Senior Financial Analyst

Gender

Female
28 %
Male
73 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
1-4 years
27%
5-9 years
37%
10-19 years
21%
20 years or more
15%

Experience Affects Senior Financial Analyst Salaries

Late-Career
▲14%

National Average
$86,000

▼1%

▼4%

▼6%

Skills That Affect Senior Financial Analyst Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
▲12%

Accounting
▼0%

National Average
$86,000



Financial Modeling
▼1%

Financial Reporting
▼3%

Budget Management
▼4%

Powerpoint
▼4%

Microsoft Office
▼5%

Forecasting
▼6%

Data Analysis
▼6%

▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
28 %
Male
73 %

Years of Experience

1-4 years
27%
5-9 years
37%
10-19 years
21%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 91%
vision benefits
Vision: 76%
no benefits
None: 7%