A finance analyst/accountant is an individual who looks at past and current financial trends to help an organization or a business gain market share and profitability. The professionals review an organization's financial data regularly, generate financial reports, and offer recommendations for increasing profits and customers.
A finance/accounting analyst also researches market conditions and consumer practices to offer recommendations for increasing investment opportunities and business success. These individuals also analyze the profits, expenses and provide reports to upper management and clients.
A finance analyst/accountant typically has a bachelor's degree in accounting, finance, marketing, or a related field. However, some employers may consider applicants with comparable skills and experience. Also, many of these individuals may have a certified public accountant (CPA) license, as well as experience in sales and marketing. These individuals should possess strong communication, analytical, math, and organizational skills and be comfortable working with financial software.
A finance analyst/accountant can make up to $60,000 per year in the US, and the career field is expected to grow 6% by 2028.
What is a Finance Analyst/Accountant?
What Does a Finance Analyst/Accountant Do
There are certain skills that many finance analyst/accountants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, analytical skills and communication skills.
How To Become a Finance Analyst/Accountant
If you're interested in becoming a finance analyst/accountant, one of the first things to consider is how much education you need. We've determined that 75.4% of finance analyst/accountants have a bachelor's degree. In terms of higher education levels, we found that 14.4% of finance analyst/accountants have master's degrees. Even though most finance analyst/accountants have a college degree, it's possible to become one with only a high school degree or GED.
Finance Analyst/Accountant Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, a finance analyst/accountant can determine their career goals through the career progression. For example, they could start out with a role such as finance analyst, progress to a title such as senior accountant and then eventually end up with the title regional controller.
Average Salary for a Finance Analyst/Accountant
What Am I Worth?
States With The Most Finance Analyst/Accountant Jobs
Number Of Finance Analyst/Accountant Jobs By State
| Rank | State | Number of Jobs | Average Salary |
|---|---|---|---|
| 1 | California | 6,393 | $63,736 |
| 2 | Texas | 3,518 | $61,064 |
| 3 | New York | 2,638 | $80,758 |
| 4 | Florida | 2,509 | $54,989 |
| 5 | Illinois | 2,151 | $58,220 |
| 6 | Virginia | 1,905 | $67,522 |
| 7 | Massachusetts | 1,697 | $68,241 |
| 8 | Pennsylvania | 1,629 | $65,050 |
| 9 | Georgia | 1,516 | $58,416 |
| 10 | Washington | 1,481 | $63,285 |
| 11 | North Carolina | 1,433 | $59,473 |
| 12 | Ohio | 1,311 | $58,273 |
| 13 | New Jersey | 1,210 | $76,367 |
| 14 | Colorado | 1,200 | $58,488 |
| 15 | Maryland | 1,190 | $63,385 |
| 16 | Minnesota | 1,176 | $55,077 |
| 17 | Michigan | 1,129 | $55,213 |
| 18 | Arizona | 1,077 | $59,525 |
| 19 | Wisconsin | 1,036 | $55,340 |
| 20 | Oklahoma | 978 | $58,715 |
| 21 | Missouri | 898 | $53,415 |
| 22 | Tennessee | 866 | $52,825 |
| 23 | Indiana | 741 | $51,816 |
| 24 | Kansas | 716 | $48,759 |
| 25 | Utah | 715 | $51,574 |
| 26 | Alabama | 695 | $57,408 |
| 27 | Connecticut | 656 | $64,077 |
| 28 | Oregon | 639 | $58,432 |
| 29 | South Carolina | 498 | $58,755 |
| 30 | Iowa | 469 | $52,762 |
| 31 | Kentucky | 397 | $55,700 |
| 32 | Arkansas | 393 | $53,214 |
| 33 | Nevada | 340 | $59,521 |
| 34 | Louisiana | 332 | $52,844 |
| 35 | Nebraska | 294 | $49,873 |
| 36 | Mississippi | 256 | $47,643 |
| 37 | Delaware | 251 | $64,768 |
| 38 | New Hampshire | 247 | $54,718 |
| 39 | New Mexico | 222 | $58,513 |
| 40 | Idaho | 222 | $55,723 |
| 41 | Rhode Island | 208 | $63,326 |
| 42 | Maine | 162 | $52,561 |
| 43 | Hawaii | 160 | $48,535 |
| 44 | North Dakota | 152 | $46,136 |
| 45 | West Virginia | 149 | $53,968 |
| 46 | Alaska | 141 | $60,631 |
| 47 | South Dakota | 134 | $49,256 |
| 48 | Montana | 131 | $45,933 |
| 49 | Wyoming | 123 | $49,368 |
| 50 | Vermont | 111 | $55,536 |
Top Colleges for Finance Analyst/Accountants
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of Southern California
Los Angeles, CA • Private
4. SUNY at Binghamton
Vestal, NY • Private
5. Villanova University
Villanova, PA • Private
6. San Diego State University
San Diego, CA • Private
7. Bentley University
Waltham, MA • Private
8. Boston University
Boston, MA • Private
9. SUNY Stony Brook
Stony Brook, NY • Private
10. New York University
New York, NY • Private
Top Skills For a Finance Analyst/Accountant
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 9.1% of finance analyst/accountants listed reconciliations on their resume, but soft skills such as computer skills and analytical skills are important as well.
Choose From 10+ Customizable Finance Analyst/Accountant Resume templates
Zippia allows you to choose from different easy-to-use Finance Analyst/Accountant templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Finance Analyst/Accountant resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Finance Analyst/Accountant Demographics
Finance Analyst/Accountant Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among finance analyst/accountants, 49.8% of them are women, while 50.2% are men.
- The most common race/ethnicity among finance analyst/accountants is White, which makes up 64.1% of all finance analyst/accountants.
- The most common foreign language among finance analyst/accountants is Spanish at 38.8%.
Work Experience Programs For Finance Analyst/Accountants
Virtual work experience programs replicate work at top companies and help you gain the skills to be successful when applying and working there. In only a few hours, learn the relevant tools necessary to complete a typical work day at that company. Virtual work experience programs are 100% free, open-access, and self-paced. No experience or application is required!
Company: Ashurst UK
Cost: Free
Duration: 4-5 hours
Company: JPMorgan Chase & Co.
Cost: Free
Duration: 4-5 hours
Online Courses For Finance Analyst/Accountant That You May Like
Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...
Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal...
Adjusting entry creation, posting adjusting entries to a worksheet, creating financial statements from the trial balance...
Best States For a Finance Analyst/Accountant
Some places are better than others when it comes to starting a career as a finance analyst/accountant. The best states for people in this position are New York, New Jersey, Massachusetts, and Virginia. Finance analyst/accountants make the most in New York with an average salary of $80,758. Whereas in New Jersey and Massachusetts, they would average $76,367 and $68,241, respectively. While finance analyst/accountants would only make an average of $67,522 in Virginia, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. New York
$80,758
Avg. Salary
2. District of Columbia
$75,815
Avg. Salary
3. Massachusetts
$68,241
Avg. Salary
How Do Finance Analyst/Accountant Rate Their Jobs?
Top Finance Analyst/Accountant Employers
Most Common Employers For Finance Analyst/Accountant
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | Citi | $87,513 | $42.07 | 16 |
| 2 | JPMorgan Chase & Co. | $86,213 | $41.45 | 12 |
| 3 | IBM | $86,068 | $41.38 | 18 |
| 4 | Morgan Stanley | $81,776 | $39.32 | 6 |
| 5 | Motorola Solutions | $76,797 | $36.92 | 9 |
| 6 | M&T Bank | $75,124 | $36.12 | 24 |
| 7 | Wilmington Trust | $71,069 | $34.17 | 7 |
| 8 | General Electric | $70,694 | $33.99 | 6 |
| 9 | Lockheed Martin | $68,857 | $33.10 | 11 |
| 10 | Chevron | $67,963 | $32.67 | 16 |
Finance Analyst/Accountant Videos
