How to hire a finance and reporting analyst

How to hire a finance and reporting analyst, step by step

Here's a step-by-step finance and reporting analyst hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a finance and reporting analyst job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new finance and reporting analyst
• Step 8: Go through the hiring process checklist

What does a finance and reporting analyst do?

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1. Identify your hiring needs

   Before you start hiring a finance and reporting analyst, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them a finance and reporting analyst to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a finance and reporting analyst that fits the bill.

   The following list breaks down different types of finance and reporting analysts and their corresponding salaries.

   Type of Finance And Reporting Analyst	Description	Hourly rate
   Finance And Reporting Analyst	Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.	$25-48
   Risk Analyst	As a risk analyst, you will oversee the identification, assessment, and monitoring of risks that your company has been exposed to. You will evaluate financial documents, potential clients, and economic conditions to determine the level of risk in business decisions... Show more	$28-53
   Treasury Analyst	A treasury analyst is a professional who manages and analyses the financial activities of an organization that can include cash flows, liability obligations, and assets. Treasury analysts are required to execute the daily cash management of the organization such as cash forecasting, investing of excess cash, and running a hedging program in interest rates... Show more	$25-48

   Show more

2. Create an ideal candidate profile

   Common skills:

   • PowerPoint
   • Reconciliations
   • Financial Analysis
   • External Auditors
   • Internal Controls
   • Financial Data
   • Hyperion
   • Process Improvement
   • US Gaap
   • SOX
   • Financial Statements
   • Pivot Tables
   • SQL
   • Data Analysis

   Check all skills

   Responsibilities:

   • Manage derivative accounting at global level and ensure accounting and economic hedging objectives are align.
   • Maintain integrity of subsidiary financial data via account reconciliations, supervise accounting activities, and implement control measures where necessary.
   • Review and analyze financial data and reconciliations to ensure accuracy and compliance with the departmental guidelines and company policy.
   • Perform quality control on data and formulas by utilizing multiple ERP's.
   • Extract and assess ERP system data for use by senior financial management in decision-making.
   • Resolve disparities and protract discrepancies for a diverse blend of securities hold in structure portfolios.

   More finance and reporting analyst duties

3. Make a budget

   Including a salary range in your finance and reporting analyst job description is a great way to entice the best and brightest candidates. A finance and reporting analyst salary can vary based on several factors:

   • Location. For example, finance and reporting analysts' average salary in alaska is 36% less than in california.
   • Seniority. Entry-level finance and reporting analysts earn 47% less than senior-level finance and reporting analysts.
   • Certifications. A finance and reporting analyst with a few certifications under their belt will likely demand a higher salary.
   • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a finance and reporting analyst's salary.

   Average finance and reporting analyst salary

   $73,160yearly

   $35.17 hourly rate

   ---

   Entry-level finance and reporting analyst salary

   $53,000 yearly salary

   Updated December 19, 2025

   Average finance and reporting analyst salary by state

   Rank	State	Avg. salary	Hourly rate
   1	California	$93,178	$45
   2	New York	$83,222	$40
   3	Massachusetts	$78,020	$38
   4	New Jersey	$76,756	$37
   5	Pennsylvania	$76,469	$37
   6	Washington	$76,031	$37
   7	District of Columbia	$75,140	$36
   8	Michigan	$74,286	$36
   9	Ohio	$73,055	$35
   10	Arizona	$72,732	$35
   11	Virginia	$71,410	$34
   12	Georgia	$69,180	$33
   13	North Carolina	$69,019	$33
   14	Texas	$67,785	$33
   15	Indiana	$67,601	$33
   16	South Carolina	$64,673	$31
   17	Iowa	$64,284	$31
   18	Illinois	$63,947	$31
   19	Florida	$63,796	$31
   20	Colorado	$63,660	$31

   Average finance and reporting analyst salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	Invesco	$107,836	$51.84	7
   2	Citicorp North America, Inc	$106,498	$51.20
   3	Marathon Petroleum	$104,794	$50.38
   4	Barclays	$103,852	$49.93	2
   5	MUFG EMEA	$102,842	$49.44
   6	The New York Times Company	$102,156	$49.11	2
   7	Citi	$101,653	$48.87	44
   8	CF Industries	$101,085	$48.60
   9	Bank of the West	$100,636	$48.38
   10	Deutsche Bank	$100,458	$48.30	7
   11	BNP Paribas	$100,088	$48.12	4
   12	TriState Capital Bank	$99,631	$47.90
   13	Goldman Sachs	$98,664	$47.43	16
   14	Magnetar Capital	$98,576	$47.39
   15	Morgan Stanley	$95,987	$46.15	56
   16	Nike	$95,807	$46.06	8
   17	City National Bank	$95,801	$46.06	123
   18	National Storage Affiliates	$95,633	$45.98	1
   19	Vista Equity Partners	$95,349	$45.84	1
   20	Florida Power and Light	$94,036	$45.21	14

4. Writing a finance and reporting analyst job description

   A finance and reporting analyst job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a finance and reporting analyst job description:

   Finance and reporting analyst job description example

   Are you inspired by “what's next”? So are we.
   
   When you join the Albemarle team, you contribute to a better tomorrow. You will play a role in powering many of the world's largest and most critical industries, from energy and communications to transportation and electronics. We are putting innovation to work to improve people's lives and we want YOU to be a part of it.
   
   Job Description
   
   The Financial Reporting Analyst of Consolidations shall participate in the consolidation of the Company's global financial statements and preparation and review of key financial statements and management reports including, but not limited to, the consolidated balance sheet, income statement, earnings report and/or statement of cash flows.
   
   Responsibilities and Accountabilities
   On a monthly and/or quarterly basis the Analyst shall participate in: Consolidation of the Company's financial results in accordance with US GAAP, including generation of adjusting and eliminating journal entries Preparation and/or first level review of financial statements Preparation and/or first level review of rollforwards and other flux analyses Preparation and/or approval of journal entries and balance sheet reconciliations Assist in research and application of technical accounting as requested Assist with Special projects and/or transactions as requested
   
   Qualifications
   2-4 years of relevant accounting experience2+ years of public accounting experience preferred CPA preferred BS in Accounting or FinanceProven ability to work in fast-paced, detailed, and deadline-oriented environment by balancing multiple priorities and resources simultaneously Operates with strong conceptual thinking rather than strictly in a 'rules' framework Strong analytical and critical thinking skills required with an attention to detail to collect, monitor, and analyze data Effective communication skills, both written and verbal, to report to all levels of management Strong organizational skills and ability to prioritize workload to meet tight deadlines in a dynamic work environment High level of integrity, dependability, sense of urgency and results-orientation.Team player with flexibility to shift priorities.Approaches all responsibilities with a sense of ownership and a desire to set standards for the department and to produce quality work products Highly proficient in Microsoft Office ExcelSAP & BPC experience a plus; but not required
   Choose to unlock your full POTENTIAL. Apply today.

   Copy this example

   

5. Post your job

   To find finance and reporting analysts for your business, try out a few different recruiting strategies:

   • Consider internal talent. One of the most important talent pools for any company is its current employees.
   • Ask for referrals. Reach out to friends, family members, and your current work to ask if they know any finance and reporting analysts they would recommend.
   • Recruit at local colleges. Attend job fairs at local colleges to recruit entry-level finance and reporting analysts with the right educational background.
   • Social media platforms. LinkedIn, Facebook, and Twitter have more than 3.5 billion users, and they're a great place for company branding and reaching potential job candidates.

   To find finance and reporting analyst candidates, you can consider the following options:

   • Post your job opening on Zippia or other job search websites.
   • Use niche websites that focus on engineering and technology jobs, such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post your job on free job posting websites.

6. Interview candidates

   Recruiting finance and reporting 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.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new finance and reporting analyst

   Once you've decided on a perfect finance and reporting analyst candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   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 employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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How much does it cost to hire a finance and reporting analyst?