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How to hire a revenue analyst

Revenue analyst hiring summary. Here are some key points about hiring revenue analysts in the United States:

  • The median cost to hire a revenue analyst is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Small businesses spend $1,105 per revenue analyst on training each year, while large companies spend $658.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • There are a total of 9,154 revenue analysts in the US, and there are currently 65,034 job openings in this field.
  • New York, NY, has the highest demand for revenue analysts, with 25 job openings.

How to hire a revenue analyst, step by step

To hire a revenue analyst, you should create an ideal candidate profile, determine a budget, and post and promote your job. Here's a step-by-step guide on how to hire a revenue analyst:

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

What does a revenue analyst do?

A revenue analyst is primarily in charge of analyzing a company's revenues and expenditures to help them make better business decisions. Their responsibilities revolve around tracking the company finances, gathering and recording data, producing progress reports, and identifying opportunities to boost sales and profits. There are also instances when a revenue analyst must devise plans to cut costs, recommend budgets, build models, develop revenue forecasts, and comply with the laws and regulations. Furthermore, it is also essential to implement the company's policies and guidelines to the team and every task involved.

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

    Before you post your revenue analyst job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a revenue analyst for hire on a part-time basis or as a contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    A revenue analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, revenue analysts from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

    This list presents revenue analyst salaries for various positions.

    Type of Revenue AnalystDescriptionHourly rate
    Revenue AnalystFinancial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.$23-43
    Finance Analyst/AccountantIn a company setting, a finance analyst/accountant is in charge of handling and monitoring financial activities, ensuring efficiency and accuracy. Their responsibilities revolve around preparing financial reports, performing audits and risk assessments, and identifying any errors and inconsistencies, resolving them promptly and efficiently... Show more$22-40
    Business & Finance AnalystA financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization... Show more$24-47
  2. Create an ideal candidate profile

    Common skills:
    • Revenue Cycle
    • Customer Service
    • Patients
    • Strong Analytical
    • Process Improvement
    • SQL
    • Data Analysis
    • Reservations
    • Reconciliations
    • Excellent Interpersonal
    • CPT
    • Revenue Management
    • Financial Reports
    • Journal Entries
    Check all skills
    Responsibilities:
    • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
    • Perform monthly revenue variance analysis and account reconciliations to ensure royalty payments and financial transactions are recorded accurately and timely.
    • Prepare monthly closing journal entries in both OneGlobe and Hyperion accounting systems.
    • Assist in directing accounting clerical staff in accounts payable, payroll processing, invoicing, and accuracy of journal entries post.
    • Execute month-end/quarterly/year-end procedures in accordance with GAAP.
    • Prepare yearly audit documents following SOX regulations.
    More revenue analyst duties
  3. Make a budget

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

    $66,985yearly

    $32.20 hourly rate

    Entry-level revenue analyst salary
    $48,000 yearly salary
    Updated January 18, 2026

    Average revenue analyst salary by state

    RankStateAvg. salaryHourly rate
    1California$89,374$43
    2Pennsylvania$81,637$39
    3New Jersey$75,857$36
    4Massachusetts$74,250$36
    5New York$72,474$35
    6District of Columbia$71,201$34
    7Washington$68,999$33
    8Nevada$67,983$33
    9Arizona$67,109$32
    10North Carolina$65,053$31
    11Oregon$63,096$30
    12Texas$62,559$30
    13Tennessee$60,883$29
    14Georgia$60,708$29
    15Minnesota$57,303$28
    16Hawaii$56,600$27
    17Florida$55,313$27
    18Colorado$54,914$26
    19Ohio$54,676$26
    20Illinois$54,407$26

    Average revenue analyst salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Google$117,364$56.4236
    2DoorDash$112,862$54.26
    3Apple$108,557$52.1914
    4Bed Bath & Beyond$108,420$52.13
    5Chegg$103,806$49.91
    6Cisco$100,149$48.153
    7Western Digital$98,375$47.303
    8Synopsys$97,412$46.83
    9Amazon$97,287$46.77166
    10Bloom Energy$93,507$44.963
    11Bain & Company$92,624$44.539
    12Snowflake Computing$92,052$44.264
    13Adobe$91,351$43.9212
    14eBay$91,103$43.804
    15Asana$91,067$43.784
    16Oracle$90,975$43.74488
    17Bloomberg$90,097$43.3222
    18Applied Materials$89,954$43.2532
    19Guidewire Software$88,852$42.722
    20VIAVI Solutions$88,451$42.52
  4. Writing a revenue analyst job description

    A revenue 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. To help get you started, here's an example of a revenue analyst job description:

    Revenue analyst job description example

    Epic Analyst - Revenue Cycle - (220002ZC) Description Department Profile

    TGH Information Technologies invests over $100 million annually on technology and services. Over 75 percent of the department's team members hold professional certification in technology and IT-related functions. Tampa General has earned numerous awards for health information technology, including the prestigious “HIMSS Stage 7 Award” issued to less than four percent of all hospitals in the country, and Hospital and Health Network's “Most Wired - Advanced” award for the past several years. TGH's Information Technologies division earned “Best Hospital IT Department” by Healthcare IT News.

    Job Summary

    Under the direct supervision of a manager or director and according to established policies and procedures, the Specialist II performs routine analysis to include evaluation of hardware and software based on end user criteria. The Specialist II demonstrates mastery of workflow analysis, design, development, testing, training, implementation, management and support of assigned application systems and/or projects. Directly interacts with assigned department managers and senior level staff to provide automation services in support of department's strategic and operational objectives. Maintains system specification and technical documentation. Acts as liaison between Information Technology vendors and TGH. Participates in and/or leads department and hospital task forces, focus groups and/or committees as assigned by their supervisor to meet the group objectives. Employs intermediate analytical and technical evaluative process; managerial and interpersonal perspectives. Responsible for performing job duties in accordance with mission, vision and values of Tampa General Hospital.
    Qualifications
    Bachelor of Arts or Bachelor of Science required with minimum of 8+ years information technology / applications experience including multi-application mastery of design, build, test, and support of job related applications or equivalent healthcare/health related experience.
    10+ years with strong workflow design experience in both Epic PB/HB with mastery of HB.
    Charge router experience a must with a high level of understanding of revenue cycle operations.
    Benefits Engine/Prelude certifications a plus but not required.

    Primary Location: TampaWork Locations: TGH Corporate Center 606 w. Kennedy Blvd. Tampa 33606Job: Information TechnologyOrganization: TGH - HospitalSchedule: Full-time Scheduled Days: Monday, Tuesday, Wednesday, Thursday, FridayShift: Day JobJob Posting: Sep 23, 2022, 8:21:09 PM
  5. Post your job

    To find the right revenue analyst for your business, consider trying out a few different recruiting strategies:

    • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
    • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with revenue analysts they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit revenue analysts who meet your education requirements.
    • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.
    Post your job online:
    • Post your revenue analyst job on Zippia to find and recruit revenue analyst candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit revenue 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.

    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 revenue analyst

    Once you have selected a candidate for the revenue 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 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 revenue analyst?

There are different types of costs for hiring revenue analysts. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new revenue analyst employee.

You can expect to pay around $66,985 per year for a revenue 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 revenue analysts in the US typically range between $23 and $43 an hour.

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