Financial Analyst Financial Services in Grand Rapids, MI

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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Salary for Financial Analyst Financial Services in Grand Rapids, MI

61920 - 86430

25th percentile

61920

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

78475

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

86430

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Accountant, 5+ Years’ Experience – Financial Services

72025

87290

97610

Accountant, 3-5 Years’ Experience – Financial Services

61275

75895

86430

Accountant, 1-3 Years’ Experience – Financial Services

52030

64070

74820

Product Controller, Manager

73315

90730

105350

Product Controller, 3-5 Years’ Experience

57835

84065

93740

Product Controller, 1-3 Years’ Experience

47300

66865

80195

Business Systems Analyst – Financial Services

76325

92020

107285

Internal Wholesaler

42570

51170

61060

Tax Accountant – Financial Services

55040

67510

84495

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