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Job outlook for reconciliation analysts in the United States
Are reconciliation analyst jobs in demand?
Reconciliation analyst job and salary trends over time
Reconciliation analyst jobs over time
Reconciliation analyst job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 1,199 | 0.00% |
| 2020 | 1,145 | 0.00% |
| 2019 | 1,107 | 0.00% |
| 2018 | 1,068 | 0.00% |
| 2017 | 1,028 | 0.00% |
Average reconciliation analyst salary over time
Reconciliation analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $55,716 | $26.79 | +2.8% |
| 2024 | $54,191 | $26.05 | +2.0% |
| 2023 | $53,142 | $25.55 | +1.4% |
| 2022 | $52,405 | $25.19 | +1.4% |
| 2021 | $51,693 | $24.85 | +0.0% |
Reconciliation analyst jobs by state
Most common states for reconciliation analysts
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 790 | 114% |
| 2 | Virginia | 8,470,020 | 2,011 | 24% |
| 3 | Delaware | 961,939 | 185 | 19% |
| 4 | Maryland | 6,052,177 | 1,018 | 17% |
| 5 | Massachusetts | 6,859,819 | 1,054 | 15% |
| 6 | Colorado | 5,607,154 | 760 | 14% |
| 7 | Alaska | 739,795 | 91 | 12% |
| 8 | Wyoming | 579,315 | 68 | 12% |
| 9 | Utah | 3,101,833 | 338 | 11% |
| 10 | Rhode Island | 1,059,639 | 119 | 11% |
| 11 | Vermont | 623,657 | 67 | 11% |
| 12 | New York | 19,849,399 | 1,893 | 10% |
| 13 | Illinois | 12,802,023 | 1,238 | 10% |
| 14 | Arizona | 7,016,270 | 702 | 10% |
| 15 | Minnesota | 5,576,606 | 581 | 10% |
| 16 | Oregon | 4,142,776 | 411 | 10% |
| 17 | Connecticut | 3,588,184 | 370 | 10% |
| 18 | Hawaii | 1,427,538 | 137 | 10% |
| 19 | New Hampshire | 1,342,795 | 131 | 10% |
| 20 | Washington | 7,405,743 | 686 | 9% |
Most common cities for reconciliation analysts
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Jupiter | 1 | 2% | $43,934 |
| 2 | Fort Lauderdale | 1 | 1% | $44,031 |
| 3 | Lakeland | 1 | 1% | $43,924 |
| 4 | Livonia | 1 | 1% | $52,153 |
| 5 | Salt Lake City | 1 | 1% | $55,969 |
| 6 | Tempe | 1 | 1% | $54,137 |
| 7 | Chicago | 2 | 0% | $54,467 |
| 8 | Boston | 1 | 0% | $77,000 |
| 9 | Irving | 1 | 0% | $63,580 |
Reconciliation Analyst job outlook: Expert opinions
Our panel of reconciliation analyst experts
UMass Lowell
University of Cincinnati Clermont College
University of Washington
University of Southern Maine
Western Kentucky University
University of Minnesota - Twin Cities
Coastal Carolina University
Drexel University
Wake Forest University
University of Minnesota - Duluth
Bradley University
University of South Carolina
Arizona State University
Michael Ciuchta Ph.D.
Associate Professor, Program Coordinator, Masters of Science in EntrepreneurshipUMass Lowell
Department of Marketing, Entrepreneurship & Innovation
What Reconciliation 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 Reconciliation 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.
Fawen Zhang PhD
Professor of AudiologyUniversity of Cincinnati Clermont College
Communication Disorders Sciences And Services
What will help Reconciliation 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.
What Reconciliation Analyst skills would you recommend for someone trying to advance their career?
Victor Menaldo: Interacting with AI and knowing how to best exploit it to get the most out of it: increase productivity and value added in whatever field one is in.
What will help Reconciliation 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.
Tove Rasmussen
LecturerUniversity of Southern Maine
Specialized Sales, Merchandising And Marketing Operations
What general advice would you give to a Reconciliation Analyst?
Tove Rasmussen: Tove Rasmussen advises graduates beginning their career in the field to...
What Reconciliation 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.
What general advice would you give to a Reconciliation Analyst?
Dr. Paige Novak P.E. (Minnesota), BCEE: Ask questions, stay curious and open minded, take opportunities to learn and develop new skills.
Mark Chandler
Director of Government Relations and Professor of PracticeCoastal Carolina University
Intelligence, Command Control And Information Operations
What Reconciliation Analyst skills would you recommend for someone trying to advance their career?
Mark Chandler: First, focus on being good at your job. Focus on learning your specific assigned area. Get the basics down – analytic skills, communication skills. Build a strong work ethic and professional foundation. If you can find a good mentor, link up with them. Be willing to go the “extra mile” in being a team player and doing things to help others on the team, and put in the hours. In intelligence, you will not always like what policy makers do or say. It’s not our job to agree or disagree with the policy, our job is to study the situation, present the facts and then present a fact-based analytic assessment. Keep opinion, bias, and politics out of our work. This will be a challenge, but it’s one you have to recognize in order to not succumb to it.
What Reconciliation Analyst skills would you recommend for someone trying to advance their career?
Mark Stehr PhD: At the start of your career, it's very important to land a role where you learn a lot and find good mentors. The additional skills will pay dividends as your career progresses.
What will help Reconciliation Analysts increase their earning potential?
Mary Rodena-Krasan Ph.D.: A degree in German Studies is extraordinarily flexible, giving you a skill set that makes you suitable to a variety of fields. Be open to every opportunity and never underestimate the skill sets learning a new language has afforded you - cross-cultural competence, interlinguistic technological adeptness, problem solving, information analysis, and critical thinking. Employers want someone they don't have to hand-hold. Studying a foreign language requires a lot of self-initiative - apply that to every assignment at the job and don't be afraid to suggest approaches! Your ability to undertake something new and be successful has already been proven by your German studies degree!
What Reconciliation Analyst skills would you recommend for someone trying to advance their career?
Dr. Mark Evans: Don't stop learning. Treat your first job like more graduate school. Learn everything you can.
Ahmed Maamoun Ph.D.
Assistant Professor of Marketing & 8X Recipient of the University of Minnesota’s Certificate for “Outstanding Teaching and Dedication to Helping Students Learn”University of Minnesota - Duluth
Marketing
What will help Reconciliation Analysts increase their earning potential?
Ahmed Maamoun Ph.D.: The news from the job market is quite startling. A recent study from McKinsey & Company
estimates that nearly half of all U.S. jobs will be automated by 2030. Artificial Intelligence,
machine learning, and robots will make routine and conventional jobs obsolete. Most of what
students are learning will be irrelevant and dated by the time they graduate. This highlights the
need for emphasizing not just the academic abilities of graduates, but their soft and professional
skills as well. Graduates (regardless of their undergraduate major) who demonstrate a capacity to
think critically, communicate clearly, learn adaptively, make ethical decisions, work well with
others, and solve complex problems will stand a better chance of surviving in that ever-changing
job market. For example, in one survey, 93% of employers reported that "a candidate's
demonstrated capacity to think critically, communicate clearly, and solve complex problems is
more important than his or her undergraduate major."
Candace Esken Ph.D.
Assistant Professor of Management & LeadershipBradley University
Foster College of Business
What soft skills should all Reconciliation Analysts possess?
Candace Esken Ph.D.: Excellent communication skills are absolutely essential for management analysts. Usually, these skills are best demonstrated during the interview process with little room for error. In addition, applicants should have strong interpersonal skills because much of their job requires them to work with managers and employees of various organizations. Furthermore, soft skills such as leadership, confidence, and time management are highly valued.
What hard/technical skills are most important for Reconciliation Analysts?
Candace Esken Ph.D.: The most important hard skills for management analysts are problem-solving, data analysis, and presentation skills. The central focus of their work revolves around solving problems for clients by analyzing large chunks of data and drawing meaningful conclusions. Analysts also spend a great deal of time creating sophisticated presentations to enhance communication with clients. Management Analysts should be especially skilled with excel and PowerPoint.
What skills will help Reconciliation Analysts earn the most?
Candace Esken Ph.D.: Analysts who have both sets of critical hard and soft skills, a tough combination to deliver, will have the most earning potential. Typically, once an analyst has proven themselves on several projects and built a credible reputation, they will have opportunities for increased earnings. Furthermore, analysts with an MBA degree typically earn a higher salary and receive larger signing bonuses.
What general advice would you give to a Reconciliation Analyst?
Joel Stevenson: I would not enter the job market at this time. I would apply to the Masters of Human Resources Program at U of SC. If I could not get into the program, I would take an HR job and apply again to the Master's Program. Reason...with a Master's in HR, the starting salary is right at $85,000 per year. Cost and amount of time it takes to get your Master's, $25,000, and 15 months.
Hitendra Chaturvedi
Professor of PracticeArizona State University
Supply Chain Management Department
Will there be an enduring impact of the coronavirus pandemic on Reconciliation Analysts?
Hitendra Chaturvedi: Enduring? Not sure because we have short memories. Next 2-3 years? Absolutely! Students have to learn to show their best in interviews and meetings on the square box of a computer screen, and that is something they have not been taught to do. Moreover, I also believe that living at home where you are still a son/daughter has also made adult and grown-up type interactions less frequent. This has caused many students not to speak up, and I worry that it may show up in competitive interviews with potential employers. I do not think these graduating students will have any problem adjusting to working from home.