Financial Analyst Financial Services in Memphis, TN

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 Memphis, TN

69120 - 96480

25th percentile

69120

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

50th percentile

87600

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

96480

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

80400

97440

108960

Accountant, 3-5 Years’ Experience – Financial Services

68400

84720

96480

Accountant, 1-3 Years’ Experience – Financial Services

58080

71520

83520

Product Controller, Manager

81840

101280

117600

Product Controller, 3-5 Years’ Experience

64560

93840

104640

Product Controller, 1-3 Years’ Experience

52800

74640

89520

Business Systems Analyst – Financial Services

85200

102720

119760

Internal Wholesaler

47520

57120

68160

Tax Accountant – Financial Services

61440

75360

94320

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