Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Corporate finance analyst hiring summary. Here are some key points about hiring corporate finance analysts in the United States:
Here's a step-by-step corporate finance analyst hiring guide:
Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.
First, determine the employments status of the corporate finance analyst you need to hire. Certain corporate finance analyst roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect corporate finance analyst also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
The following list breaks down different types of corporate finance analysts and their corresponding salaries.
| Type of Corporate Finance Analyst | Description | Hourly rate |
|---|---|---|
| Corporate Finance Analyst | Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments. | $25-52 |
| Analyst | Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes... Show more | $25-47 |
| Equity Analyst | An equity analyst's role is to help clients navigate through stocks and bonds using their expertise. In a company setting, their responsibilities revolve around performing extensive research and analysis on areas such as the stock market, coordinating with different departments to gather necessary data, identifying new opportunities, preparing and analyzing the company's financial records, and creating forecast models... Show more | $32-75 |
Including a salary range in your corporate finance analyst job description helps attract top candidates to the position. A corporate finance analyst salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a corporate finance analyst in Louisiana may be lower than in Michigan, and an entry-level corporate finance analyst usually earns less than a senior-level corporate finance analyst. Additionally, a corporate finance analyst with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $94,142 | $45 |
| 2 | Michigan | $86,233 | $41 |
| 3 | Pennsylvania | $83,996 | $40 |
| 4 | New York | $83,086 | $40 |
| 5 | District of Columbia | $79,831 | $38 |
| 6 | New Jersey | $79,224 | $38 |
| 7 | Connecticut | $78,004 | $38 |
| 8 | Washington | $77,779 | $37 |
| 9 | Virginia | $77,677 | $37 |
| 10 | North Carolina | $76,885 | $37 |
| 11 | Massachusetts | $71,318 | $34 |
| 12 | Indiana | $70,858 | $34 |
| 13 | Delaware | $70,083 | $34 |
| 14 | Ohio | $69,390 | $33 |
| 15 | Oregon | $67,727 | $33 |
| 16 | Texas | $67,000 | $32 |
| 17 | Illinois | $66,740 | $32 |
| 18 | Maine | $63,030 | $30 |
| 19 | Colorado | $62,337 | $30 |
| 20 | Hawaii | $60,068 | $29 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | $133,543 | $64.20 | 53 | |
| 2 | Western Digital | $127,201 | $61.15 | 5 |
| 3 | Ep Energy | $126,161 | $60.65 | |
| 4 | Conning | $121,571 | $58.45 | 2 |
| 5 | Intuit | $117,759 | $56.61 | 30 |
| 6 | BNY Mellon | $115,788 | $55.67 | 31 |
| 7 | Intuitive Surgical | $115,684 | $55.62 | 2 |
| 8 | MUFG EMEA | $115,381 | $55.47 | |
| 9 | Chegg | $115,355 | $55.46 | |
| 10 | Univar | $114,865 | $55.22 | 2 |
| 11 | Five Below | $114,831 | $55.21 | 3 |
| 12 | Cal | $113,849 | $54.74 | |
| 13 | Goldman Sachs | $113,830 | $54.73 | 36 |
| 14 | Yahoo | $113,745 | $54.69 | |
| 15 | State Street | $113,387 | $54.51 | 21 |
| 16 | Santander Private Banking International | $112,969 | $54.31 | 18 |
| 17 | Waters | $112,839 | $54.25 | 21 |
| 18 | Aera Energy | $111,785 | $53.74 | |
| 19 | William Blair | $111,301 | $53.51 | 19 |
| 20 | Autodesk | $110,968 | $53.35 | 13 |
A job description for a corporate finance analyst role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a corporate finance analyst job description:
There are a few common ways to find corporate finance analysts for your business:
Recruiting corporate finance analysts requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the corporate finance analyst candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new corporate finance analyst first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Recruiting corporate finance analysts involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $76,023 per year for a corporate finance analyst, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for corporate finance analysts in the US typically range between $25 and $52 an hour.