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How to hire a finance management analyst

Finance management analyst hiring summary. Here are some key points about hiring finance management analysts in the United States:

  • In the United States, the median cost per hire a finance management analyst is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new finance management analyst to become settled and show total productivity levels at work.

How to hire a finance management analyst, step by step

To hire a finance management analyst, you should clearly understand the skills and experience you are looking for in a candidate, and allocate a budget for the position. You will also need to post and promote the job opening to reach potential candidates. Here's a step-by-step guide on how to hire a finance management analyst:

Here's a step-by-step finance management 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 management analyst job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new finance management analyst
  • Step 8: Go through the hiring process checklist

What does a finance management analyst do?

A finance management analyst specializes in performing extensive research and analysis to devise strategies that can help a company achieve its long-term financial goals. Their responsibilities typically revolve around having an in-depth understanding of the company and its services, gathering and reviewing its financial history and other portfolios, and determining investment opportunities to earn a significant profit. Furthermore, a finance management analyst must report their findings and present action plans, providing a comprehensive explanation to officials, all while adhering to the company's policies and regulations.

Learn more about the specifics of what a finance management analyst does
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  1. Identify your hiring needs

    Before you start hiring a finance management 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?

    Hiring the perfect finance management 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 finance management analysts and their corresponding salaries.

    Type of Finance Management AnalystDescriptionHourly rate
    Finance Management AnalystManagement analysts, often called management consultants, propose ways to improve the efficiency of an organization. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.$23-50
    AnalystAnalysts 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
    Finance OfficerA finance officer is responsible for monitoring the financial department and the transactions of an organization. Finance officers analyze financial reports, update account statements, and oversee the budget allocation for business operations... Show more$20-52
  2. Create an ideal candidate profile

    Common skills:
    • Financial Management
    • Financial Issues
    • Management Reports
    • Financial Policies
    • DOD
    • Budget Estimates
    • Financial Systems
    • Budget Execution
    • Financial Analysis
    • Financial Data
    • Financial Reports
    • Strong Analytical
    • Internal Controls
    • Data Analysis
    Check all skills
    Responsibilities:
    • Investigate and manage accounting reconciliations or discrepancies, including auditing and verifying daily transactions with cash balances for correlations and accuracy.
    • Review DTS authorizations for every traveler belonging to AEC.
    • Communicate daily with the accounting department to derive amounts and invoice numbers for DOD and non DOD customers.
    • Serve as the primary GFEBS user for the LRC and act as the coordinator for training and access to GFEBS.
    • Calculate salaries in preparation to cost transfer in GFEBS to the correct cost centers/ WBS elements (cost collectors).
    • Maintain accounting practices for the ambulatory surgery center in QuickBooks.
    More finance management analyst duties
  3. Make a budget

    Including a salary range in your finance management analyst job description helps attract top candidates to the position. A finance management 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 finance management analyst in Nebraska may be lower than in New York, and an entry-level finance management analyst usually earns less than a senior-level finance management analyst. Additionally, a finance management 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.

    Average finance management analyst salary

    $71,934yearly

    $34.58 hourly rate

    Entry-level finance management analyst salary
    $49,000 yearly salary
    Updated December 28, 2025

    Average finance management analyst salary by state

    RankStateAvg. salaryHourly rate
    1District of Columbia$106,356$51
    2New York$91,237$44
    3Massachusetts$91,003$44
    4New Jersey$90,782$44
    5Virginia$84,401$41
    6North Carolina$84,072$40
    7California$80,717$39
    8Maryland$78,028$38
    9Georgia$76,998$37
    10Washington$76,991$37
    11Pennsylvania$76,410$37
    12Illinois$75,961$37
    13Ohio$72,767$35
    14Colorado$71,688$34
    15Utah$68,612$33
    16Texas$67,996$33
    17Florida$66,713$32
    18Missouri$61,750$30
    19Indiana$61,717$30
    20Nevada$60,575$29

    Average finance management analyst salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Apple$120,517$57.9444
    2California Resources$111,503$53.61
    3Amazon$101,521$48.81299
    4Barclays$97,780$47.013
    5Shearman & Sterling$97,389$46.82
    6MUFG EMEA$95,283$45.81
    7Santander Private Banking International$94,869$45.6119
    8GM Financial$93,065$44.7410
    9Quantitative Risk Management$92,664$44.55
    10UBS$92,109$44.2812
    11AIG$91,567$44.0226
    12Iris Software$90,912$43.71
    13Citi$89,171$42.8773
    14Booz Allen Hamilton$88,965$42.7779
    15Primatics Financial$88,758$42.67
    16U.S. Secret Service$88,190$42.40
    17Avanade$87,939$42.281
    18NTT Data International L.L.C.$87,310$41.9818
    19BlackRock$87,022$41.8436
    20Santander Bank$86,990$41.8214
  4. Writing a finance management analyst job description

    A finance management 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 management analyst job description:

    Finance management analyst job description example

    Our CFM Finance Analyst collaborates with Project Managers and Delivery Leads to provide finance support for a regional business unit(s). This entry level, non-travel position serves as a hands-on member of the finance team, passionate about supporting the Delivery organization in financial reviews and project financial management deliverables, such as opening and closing projects, invoicing, collections, and forecasting.
    Key responsibilities

    The CFM Analyst is responsible for assisting in a variety of areas focused on partnering with Delivery to ensure accurate tracking and reporting on project and regional level financials.

    Specific scope of work will include:
    Collaborating with cross-functional teams to create client invoices and ensure payments are received and applied on time Partnering with Delivery organization and with the CFM lead to ensure compliance with US GAAP and internal policies and controls, including but not limited to contract IC checklists and revenue recognition policies Supporting the lead in preparing the ATMs (Accounting Treatment Memos) for assigned projects Teaming with Project Managers to monitor engagement profitability Coordinating with the lead to develop and prepare engagement-specific reports for client financial management over the course of the project's life Providing recommendations to Project Managers with respect to project financial performance, key financial metrics, etc. Supporting the lead to provide financial data for consolidation of Regional budgets and forecasts Completing detailed monthly close activities and forecast submissions for assigned projects Provide commercial and financial support of new opportunity pricing during the pursuit phase Reconciliation of monthly actuals and variances to forecast
    Years of Experience:

    0 to 3 years' experience in finance/accounting position

    Education

    Bachelor's degree in finance, business administration or accounting

    Required Skills/Experience
    Detail oriented, hands-on team member ready to collaborate with the regional finance team as well cross-functional teams Highly organized with excellent analytical skills Self-starter with a curiosity to learn new processes Ability to manage independent work effort Confidence to engage with contract executives regarding financial reporting and accounting matters Excellent communication skills including proficiency in English Knowledge of Excel and MS Windows based software packages: Word, Outlook, etc.
    Desired Skills:
    Cumulative GPA of 3.2 or higher Knowledge of consulting companies Knowledge of SAP Financials and US GAAP

    Avanade requires all new hires to be fully vaccinated against COVID-19 as a condition of employment. Avanade will consider requests for medical or religious accommodation to this vaccination requirement on an individual basis.
  5. Post your job

    There are various strategies that you can use to find the right finance management analyst for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your finance management analyst job on Zippia to find and recruit finance management analyst candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit finance management analysts, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

    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.

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

    Once you have selected a candidate for the finance management analyst position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

    It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

    To prepare for the new finance management 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.

  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 management analyst?

Recruiting finance management 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 $71,934 per year for a finance management 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 finance management analysts in the US typically range between $23 and $50 an hour.

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