The average salary for a Senior Financial Analyst in Chicago, Illinois is $78,888.
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$63k - $95k
$2k - $12k
$666 - $10k
$66k - $104k
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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 …Read more
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.
Popular Employer Salaries for Senior Financial Analyst
The top respondents for the job title Senior Financial Analyst are from the companies BMO Financial Group, Discover Financial Services LLC and The Northern Trust Company. Reported salaries are highest at Discover Financial Services LLC where the average pay is $94,497. Other companies that offer high salaries for this role include Abbvie, Inc and Walgreen Co., earning around $79,856 and $75,000, respectively. AON Corporation pays the lowest at around $61,768. BMO Financial Group and CNA Insurance Company also pay on the lower end of the scale, paying $73,820 and $73,986, respectively.
Explore the most common career paths for Senior Financial Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Senior Financial Analyst
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Senior Financial Analyst Job Listings
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Popular Skills for Senior Financial Analyst
Skills in Financial Analysis, Financial Reporting, Financial Modeling and Forecasting are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
Pay by Experience Level for Senior Financial Analyst
An early career Senior Financial Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $76,138 based on 191 salaries. A mid-career Senior Financial Analyst with 5-9 years of experience earns an average total compensation of $81,720 based on 244 salaries. An experienced Senior Financial Analyst with 10-19 years of experience earns an average total compensation of $83,218 based on 76 salaries. In their late career (20 years and higher), employees earn an average total compensation of $82,000.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Senior Financial Analyst in their job title in San Francisco, California earn an average of 22.5% more than the national average. These job titles also find higher than average salaries in Seattle, Washington (11.4% more) and New York, New York (4.9% more). The lowest salaries can be found in Atlanta, Georgia (1.4% less) and Boston, Massachusetts (0.4% less).
Years of Experience
This data is based on 518 survey responses.
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