Financial Analyst Financial Services in Chicago, IL

Financial Analyst Job Description

Financial analysts must have the ability to effectively communicate across all levels of the organization since they can be highly visible and interact daily with executive management, project team leaders, sales managers and financial professionals. A thorough knowledge of general accounting procedures, reporting and expense analysis, and journal posting is required. A bachelor’s degree in business, accounting or finance is required; an MBA is preferred. A professional certification such as a CPA or CFA is a plus. A minimum of five to 10 years of experience in the banking industry is required, as are excellent technology skills, particularly Microsoft Excel and other financial software.

Typical financial analyst duties:

Analyzing new and existing product lines, promotion spending and service segment costs of the organization

Preparing profit and loss models, balance sheets and other management reports, using Microsoft Excel to forecast financial outcomes

Maintaining confidential financial information

Performing budgeting variance and forecasting analysis for various levels of management

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SAP S/4HANA

Microsoft Excel

PeopleSoft Application

Oracle R12 E-Business Suite (EBS)

ERP Solutions

Finance

Perform Ad Hoc Financial

Financial Services

Reporting

Budget Processes

Salary for Financial Analyst Financial Services in Chicago, IL

87730 - 122450

25th percentile

87730

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

111290

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

122450

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accountant, 5+ Years' Experience – Financial Services

94240

117490

135470

Accountant, 3-5 Years' Experience – Financial Services

83080

102920

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Accountant, 1-3 Years' Experience – Financial Services

70060

87420

103230

Product Controller, Manager

101990

126480

146630

Product Controller, 3-5 Years' Experience

81220

118110

131750

Product Controller, 1-3 Years' Experience

66030

93620

112220

Business Systems Analyst – Financial Services

108190

130510

152210

Internal Wholesaler

58590

70370

84010

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