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Job outlook for finance systems analysts in the United States
Finance systems analyst job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected finance systems analyst job growth rate is 9% from 2018-2028.
About 56,000 new jobs for finance systems analysts are projected over the next decade.
Finance systems analyst salaries have increased 8% for finance systems analysts in the last 5 years.
There are over 6,264 finance systems analysts currently employed in the United States.
There are 188,040 active finance systems analyst job openings in the US.
The average finance systems analyst salary is $85,795.
Are finance systems analyst jobs in demand?
Finance systems analyst job and salary trends over time
Finance systems analyst jobs over time
Finance systems analyst job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 6,264 | 0.00% |
| 2020 | 5,904 | 0.00% |
| 2019 | 5,603 | 0.00% |
| 2018 | 4,853 | 0.00% |
| 2017 | 4,710 | 0.00% |
Average finance systems analyst salary over time
Finance systems analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $85,795 | $41.25 | +3.4% |
| 2025 | $82,968 | $39.89 | +2.3% |
| 2024 | $81,090 | $38.99 | +0.5% |
| 2023 | $80,660 | $38.78 | +1.2% |
| 2022 | $79,701 | $38.32 | +1.7% |
Finance systems analyst jobs by state
Most common states for finance systems analysts
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 606 | 87% |
| 2 | Delaware | 961,939 | 434 | 45% |
| 3 | North Dakota | 755,393 | 276 | 37% |
| 4 | Alaska | 739,795 | 264 | 36% |
| 5 | Vermont | 623,657 | 216 | 35% |
| 6 | Virginia | 8,470,020 | 2,766 | 33% |
| 7 | Minnesota | 5,576,606 | 1,844 | 33% |
| 8 | Wyoming | 579,315 | 194 | 33% |
| 9 | Massachusetts | 6,859,819 | 2,223 | 32% |
| 10 | New Hampshire | 1,342,795 | 423 | 32% |
| 11 | Washington | 7,405,743 | 2,312 | 31% |
| 12 | Connecticut | 3,588,184 | 1,068 | 30% |
| 13 | Rhode Island | 1,059,639 | 323 | 30% |
| 14 | Maryland | 6,052,177 | 1,745 | 29% |
| 15 | Illinois | 12,802,023 | 3,599 | 28% |
| 16 | Oregon | 4,142,776 | 1,105 | 27% |
| 17 | South Dakota | 869,666 | 231 | 27% |
| 18 | Georgia | 10,429,379 | 2,673 | 26% |
| 19 | Arizona | 7,016,270 | 1,858 | 26% |
| 20 | Colorado | 5,607,154 | 1,452 | 26% |
Most common cities for finance systems analysts
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Annapolis | 4 | 10% | $85,505 |
| 2 | Lansing | 3 | 3% | $76,590 |
| 3 | Springfield | 3 | 3% | $73,519 |
| 4 | Baton Rouge | 4 | 2% | $82,269 |
| 5 | Hartford | 3 | 2% | $82,318 |
| 6 | Tallahassee | 3 | 2% | $69,645 |
| 7 | Carlsbad | 2 | 2% | $99,135 |
| 8 | Washington | 10 | 1% | $94,010 |
| 9 | Atlanta | 6 | 1% | $81,634 |
| 10 | Boston | 6 | 1% | $89,877 |
| 11 | Urban Honolulu | 3 | 1% | $68,432 |
| 12 | Des Moines | 2 | 1% | $66,047 |
| 13 | Chicago | 9 | 0% | $76,566 |
| 14 | Phoenix | 5 | 0% | $86,286 |
| 15 | Los Angeles | 4 | 0% | $103,983 |
| 16 | Denver | 3 | 0% | $78,481 |
| 17 | Indianapolis | 3 | 0% | $68,456 |
| 18 | Dallas | 2 | 0% | $81,393 |
Finance Systems Analyst job outlook: Expert opinions
Our panel of finance systems analyst experts
UMass Lowell
Merrimack College
University of Cincinnati Clermont College
University of North Dakota
University of Washington
Widener University
University of Southern Maine
Belmont University
Western Kentucky University
John Jay College of Criminal Justice of the City University of New York
University of California, Santa Cruz
Siena College
Mount St Mary's University
University of Maryland - College Park
Christopher Newport University
Michael Ciuchta Ph.D.
Associate Professor, Program Coordinator, Masters of Science in EntrepreneurshipUMass Lowell
Department of Marketing, Entrepreneurship & Innovation
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Michael Ciuchta Ph.D.: Obviously we are seeing a tremendous increase in AI and other digital technologies. These will become a more crucial skill set for many careers going forward. But I wouldn't downplay the role of what are traditionally seen as soft skills like empathy, communications, and judgment. Not only can these distinguish you from robots but from your human competitors as well.
What will help Finance Systems Analysts increase their earning potential?
Michael Ciuchta Ph.D.: If all you want is the highest potential starting salary, then you should aim for careers that offer them. But that is a shortsighted way to view things. For example, many careers that have tournament-like pay structures (think entertainment) often have very low starting salaries but the so-called winners enjoy outsized financial gains. If you are thinking about a more traditional career, I think it's important to make sure you are more valuable to your employer than they are to you. This means you have to market yourself, both to your current employer as well as to potential ones. Of course, this approach may not be for everyone and maximizing your salary potential is only one thing you should be considering when assessing job and career opportunities.
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Dr. Swagata Banerjee PhD: Digital literacy: As technology continues to evolve, proficiency in digital tools and platforms will become increasingly essential. Adaptability: The ability to quickly learn new skills and adapt to changing circumstances will be crucial in a rapidly evolving industry landscape. Data literacy: Understanding and analyzing data will become more important for making informed decisions and optimizing strategies. Interdisciplinary skills: The ability to work across different disciplines and collaborate effectively with diverse teams will be highly valued. Emotional intelligence: Soft skills such as empathy, communication, and teamwork will continue to be in demand as workplaces become more interconnected and dynamic.
Renee Robinson Ph.D.
Professor of CommunicationWhat general advice would you give to a Finance Systems Analyst?
Renee Robinson Ph.D.: How can you maximize your salary potential when starting your career in your field?
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Adam Roth: I recommend that students start by identifying a specific skill in demand within your field, such as data analysis or social media marketing, and focus on developing expertise in that area. Research salary ranges and living costs in particular areas where you’re interested in working to ensure your compensation aligns with the local market. Always negotiate a salary and consider other aspects of the offer, such as funds for continuing education, technology and more. Continuing to network and establish demand for your services is essential; attend industry events, join professional associations, and engage with professionals in your field. Never miss an opportunity to reach out to and check in with your professional contacts. Pursue additional learning opportunities and education, such as certifications or advanced degrees, to provide a competitive advantage and increase your earning potential over time.
What general advice would you give to a Finance Systems Analyst?
Bradley Andrew Ph.D.: So-called soft skills are still in demand by employers, based on recent surveys, because a smaller percentage of graduates possess them. These include:
Showing up and on time;
Having a strong work ethic;
Critical thinking skills
Social skills, including the ability to get along well with people, motivate and encourage them, and leadership skills. Also be able to schmooze with clients over dinner or drinks, or just in your office. A personal touch and connection is something software can’t provide.
Creativity—Apple products, for example, appeal to many people because of their combination of form and function.
The ability to work AI in order to increase one’s productivity will become more important over the next 5 years.
What will help Finance Systems Analysts increase their earning potential?
Bradley Andrew Ph.D.: Once you have your first job, ask about or determine the 20% of your supervisor’s job that they hate and start doing that for them. They will love you for it and it will quickly get you recognition. You’ll also be well on your way to learning your boss’s job. Continue doing this as you progress in your career (Kudos to Theo Epstein, former GM for the Red Sox, for this recommendation)
No matter the task you’re given, do it to the absolute best of your abilities. In the professional world, you may often be given menial tasks or tasks that you don’t believe are part of your job description. Doing those tasks to the absolute best of your ability leads to increased trust, recognition and responsibility and will put you “above class.” If asked, the coffee you bring should be the best your boss has ever had. You never know who’s watching.
Don’t expect credit and don’t ask for credit when things go right; give the credit to others.
Keith Kerr Prof.
What general advice would you give to a Finance Systems Analyst?
Keith Kerr Prof.: There are two approaches to maximizing your salary potential, but only one approach that is completely under our control. While we can learn the best ways to approach employers to advocate for raises and promotions, the outcome of this is dependent on many external factors. What you can control, however, is how you manage the money that you do make. Taking the time to make a detailed budget of your income, expenses and debts allows one to find ways to control their spending, thus generating extra cash for saving and investing each month.
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Keith Kerr Prof.: There are two basic ways that most people in the US find financial success: Either find a job that pays a high salary, or find a career that you love, regardless of the salary, and make a habit of saving and investing part of your income each month starting with your first paycheck.
If you invest only $90 a month starting at 21 and ending at retirement, you would have a bit over 1 million dollars (assuming a 10% annual gain). Wait just 5 years and start doing this at 26 and your 5 years of time will have cost you $400,000 by retirement. This is the power of compounding. Start early and even with a lower salary, you still can find financial success while pursuing careers that are meaningful to you.
What will help Finance Systems Analysts increase their earning potential?
Keith Kerr Prof.: Grant writing is perhaps the most important skill for sociology majors to acquire. Not all sociology programs offer such skills (luckily my department at Quinnipiac does), but all sociology programs offer courses in research methodology. These skills are all skills that are needed to successfully write grants.
More so, with the research skills and practice in grant writing, one is in a position to approach potential employers as a hire that will more than pay for itself in the grant money that the potential employee can bring into the organization.
What general advice would you give to a Finance Systems Analyst?
Melissa Zimdars: To remember that you're going to learn a lot on the job and that failure is part of the learning process. It's okay to ask questions and to not know things, but you must be willing to take feedback, adjust, and grow.
What will help Finance Systems Analysts increase their earning potential?
Melissa Zimdars: Recognize that your first career opportunity won't be your last. If the job you land after college does not have opportunities for growth or advancement, it's imperative that you keep an eye out for them elsewhere as you continue to gain experience in your field.
Fawen Zhang PhD
Professor of AudiologyUniversity of Cincinnati Clermont College
Communication Disorders Sciences And Services
What will help Finance Systems Analysts increase their earning potential?
Fawen Zhang PhD: This is perfect! Thank you so much. We will be sure to feature your response in the article and send a draft over for your review before we promote it.
Yvette Koepke
Associate Dean for Academic SuccessUniversity of North Dakota
Ethnic, Cultural Minority, Gender, And Group Studies
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Yvette Koepke: Salary: Preparation is key. Prepare by taking advantage of opportunities and experiences through projects, jobs, internships, organizations, or volunteering. Prepare by doing homework about the field and the position, and research showing the value of diversity. And prepare by practicing how best to make the case for what you can contribute.
What will help Finance Systems Analysts increase their earning potential?
Victor Menaldo: Develop oral communication skills that allow you to speak in an articulate manner and organize your thoughts to signal your competence, knowledge, work ethic, and willingness to keep learning and improving.
Tongyang Yang Ph.D.
Assistant Professor of Economics and Business AnalyticsWidener University
Business/Commerce
What general advice would you give to a Finance Systems Analyst?
Tongyang Yang Ph.D.: There are many reasons that people like about being a business analyst, including reasons listed as follows: 1. Analytical Skills and Data Exploration: BAs often analyze data to understand trends and identify areas for improvement. Seeing a successful implementation and its positive impact can be very rewarding. 2. Problem-solving. BAs get to identify inefficiencies and propose solutions that can improve how a business operates. 3. Continuous learning. Business analysts may work on a range of projects and the field of business analysis may be constantly evolving, which required BAs to actively cultivate skills in new businesses. For example, the coming of the AI era requires BAs to master AI fundamentals and data fluency. 4. While some thrive on the problem-solving and communication aspects of a BA role, others may find them less appealing. Carefully consider your personality and preferences to see if this aligns with your career goals.
Tove Rasmussen
LecturerUniversity of Southern Maine
Specialized Sales, Merchandising And Marketing Operations
What general advice would you give to a Finance Systems Analyst?
Tove Rasmussen: Tove Rasmussen advises graduates beginning their career in the field to...
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Tove Rasmussen: Tove Rasmussen believes that the skills that will become more important and prevalent in the field in the next 3-5 years are...
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Dr. Tisha Brown-Gaines: Colleges and universities try very hard to prepare students for life after graduation. Most students have the required skill sets for their field of study. However, the journey after attaining a degree still can be tricky. Selecting the right field for you is paramount. Information Systems (IS) is a great major. The interdisciplinary aspect of Information Systems (IS) allows graduates to select from numerous opportunities in the field. However, this can be quite overwhelming when students have options to apply to countless jobs. My advice would be to reflect on several assignments, projects or internship experiences during your undergraduate career that captured your interest, made you smile while completing the assignment or even one which began as a random goal and became personal. Start by identifying tasks that made you inquire more about a topic outside of the minimum requirements or a task that was challenging but helped to improve a skill set. Reflecting on these experiences will allow you to effectively navigate what areas to consider and what jobs to apply to in a sea of endless opportunities. Additionally, having the ability to reflect on past accomplishments can motivate and challenge graduates to achieve additional goals as they continue building their careers.
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Timothy Rich PhD: Think about the types of jobs that interest you and the skills necessary for those jobs early. So many students start thinking about post-graduation life spring their senior year, when it should be an incremental process much earlier. Another pieces of advice would be to talk to faculty and alum about your interests, find internship or research opportunities when possible, and try to figure out early your strengths and weaknesses. It's easy for students, especially high performing ones, to not fully consider what their weaknesses are. I encourage students to jot down what they see as their skills too and to share them with others. It helps them to identify what's a common skill versus something that might make them stick out.
Professor Shonna Trinch Ph.D.
ProfessorJohn Jay College of Criminal Justice of the City University of New York
Ethnic, Cultural Minority, Gender, And Group Studies
What general advice would you give to a Finance Systems Analyst?
Professor Shonna Trinch Ph.D.: Being able to negotiate a salary is also a skill that students need to learn and one that is rarely taught in college. Students need to be able to ask for more than they are offered, but also take jobs at entry levels, prove themselves and then ask for an increase in pay six months into the job after they have shown that they are doing the work and achieving their goals.
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Stephanie Lain Ph.D.: I would advise graduates to be open to considering jobs in lots of different fields. The skills acquired through their major- such as problem-solving, critical thinking, and writing- are ones that transfer well to a variety of situations.
What will help Finance Systems Analysts increase their earning potential?
Stephanie Lain Ph.D.: The most important skills in my view are flexibility in thinking- the ability to apply knowledge to new situations- and the so-called "soft skills", being able to work with people face-to-face. This is a skill that has somewhat been lost with the advent of Zoom and rise of AI technologies but it is very important in building human connection.
What general advice would you give to a Finance Systems Analyst?
Sunita Goel PhD: Great. Will send you the responses soon. Please let me know the latest deadline by which you need them.
What Finance Systems Analyst skills would you recommend for someone trying to advance their career?
Sunita Goel PhD: Great. Will send you the responses soon. Please let me know the latest deadline by which you need them.
What will help Finance Systems Analysts increase their earning potential?
Sunita Goel PhD: Great. Will send you the responses soon. Please let me know the latest deadline by which you need them.
What general advice would you give to a Finance Systems Analyst?
Sagar Raina D.Sc.: The transition from the academic world to the industry is a significant milestone and may be overwhelming for the beginners. The first and foremost advice I would give is to be “patient”, be “positive” and be “open to learning”. The field of Information Systems consists of the three important components – people, processes, and technology. The graduates beginning their careers should be able to understand and learn about the “people” working in the organization, the “processes” of the organization and the “technology” used by the organization. To accomplish this, work hard, be open to ask questions to the senior colleagues and keep yourself informed about the new trends in Information Systems sector.
What will help Finance Systems Analysts increase their earning potential?
Dr. Rellie Derfler-Rozin: I think one should both generate several options (rather than rush to get one job) and be open to considering different types of organizations (large companies, startups) in different location and roles. One should also take on growth opportunities including through online classes and certificates that are content-related and can enhance one’s potential contribution to the organization as well as signal commitment and motivation. Finally, one should engage in in-depth research to find what are packages that are being offered to candidates with similar qualifications in similar roles and similar education background so they have an accurate benchmark. This research should not only be conducted online but also leveraging on one’s network, university office of career services, connections on LinkedIn and so forth.
What general advice would you give to a Finance Systems Analyst?
Prof. Phillip Bazzani: Being a business analyst offers a mix of rewarding and challenging experiences. Analysts enjoy the variety and impact of the role, working on diverse projects, solving complex problems, and driving organizational improvements. However, the job can be frustrating, especially when dealing with some 'old school' managers who don’t fully embrace the value of data analytics. Common dislikes include scope creep and 'analysis paralysis,' leading to increased workload and stress for both the analyst and the manager. Despite these challenges, many find the role highly rewarding because of its dynamic nature. Navigating conflicting stakeholder interests and keeping up with technological advancements can also be demanding. Talented business analysts can accommodate these demands and often advance to leadership positions because of their ability to appreciate connecting data with informed decision-making.