A Financial Analyst salary is strongly influenced by a candidate’s technical skills, including an aptitude for financial forecasting and the ability to provide strategic recommendations to help the company achieve key goals. Knowledge of technical solutions such as SAP and Oracle, and experience with predictive analytics will be essential to help candidates reach the top of the salary percentiles.
Percentiles of a Financial Analyst salary
In the Robert Half Salary Guide, salaries are broken down by percentiles. This allows you to see how different skills, experience and qualifications – along with different roles, can shape a Financial Analyst salary.
A Financial Analyst in this salary range will have less experience than typical however along with a Bachelor’s degree in Finance or Accounting, candidates are often expected to hold, or be working towards, additional qualifications such as Chartered Accountant (CA) or Certified Practising Accountant (CPA). Required skills include the ability to analysis data to identify opportunities for revenue and margin growth and articulate this in a compelling manner to business leaders.
This Financial Analyst salary percentile applies to candidates with average experience. The role is more complex, and is likely to call for collaborative skills to interact with other departments such as sales, marketing, IT, and operations to provide detailed analytical support. Experience in the preparation and delivery of monthly management reports for the leadership team is often essential at this salary level. Candidates will also be expected to complete analysis and modelling to monitor yields, support decision making and optimise the use of company resources.
A considerable level of experience is required for financial analysts in this salary percentile. The role is increasingly strategic rather than hands-on, and candidates will be expected to play a key role in the areas of planning and performance reporting to drive value and add business insights. Along with experience in providing accurate financial and non-financial analysis, candidates will be expected deliver budgeting and forecasting revisions to help the company plan for the future.
At this level of Financial Analyst salary, the role calls for a high level of expertise – and reflecting this, candidates will be expected to have significant, highly relevant experience. Ideal skills include the ability to proactively identify risks and opportunities, and work with the senior management team to establish plans of action to maximise the organisation’s financial results. Responsibilities will include analysis of product and sales margins, pricing policies, and working capital management to identify commercial risks and opportunities.