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Assistant Financial Analyst Jobs in Springfield, MA

CFS

Senior Financial Analyst

East Hartford, CT

$84K - $104K/yr

Partner with Site Controllers during month-end and quarter-end close activities * Assist with board reporting, strategic analysis, and ad hoc finance projects * Drive process improvement, reporting ...

CVS Health

Senior Financial Analyst

Hartford, CT

$46K - $112K/yr

Ensure compliance with capital policy and assist with tax audits as needed. Required Qualifications ... Background in financial analysis and process improvement leveraging data and research * Experience ...

Compass Group

SR SYSTEM FINANCIAL ANALYST

Hartford, CT · On-site

$86K - $107K/yr

You will assist with all the accounting and control functions at the account including all revenue ... Improves financial status by compiling and analyzing budgets and forecast, monitoring variances ...

Compass Group

SR SYSTEM FINANCIAL ANALYST

Hartford, CT

$86K - $107K/yr

You will assist with all the accounting and control functions at the account including all revenue ... Improves financial status by compiling and analyzing budgets and forecast, monitoring variances ...

Morrison Healthcare

SR SYSTEM FINANCIAL ANALYST

Hartford, CT · On-site

$86K - $107K/yr

You will assist with all the accounting and control functions at the account including all revenue ... Improves financial status by compiling and analyzing budgets and forecast, monitoring variances ...

Compass Group

SR SYSTEM FINANCIAL ANALYST

Hartford, CT · On-site

$86K - $107K/yr

You will assist with all the accounting and control functions at the account including all revenue ... Improves financial status by compiling and analyzing budgets and forecast, monitoring variances ...

CFS

Senior Finance Analyst

Hartford, CT

$72K/yr

Prepare and analyze monthly financial statements in accordance with GAAP * Monitor grant spending and manage restricted funds * Assist with audit preparation, including account reconciliations and ...

CVS Health

Specialty Trade Finance Analyst

Hartford, CT · On-site

$43K - $93K/yr

The Financial Analyst - Specialty Trade Finance is responsible for supporting the Specialty Trade ... Extract and analyze drug utilization data from multiple databases. * Assist with the production of ...

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All JobsAssistant Financial Analyst JobsAssistant Financial Analyst Jobs in Springfield, MA

Assistant Financial Analyst information

See Springfield, MA salary details

$10

$23

$40

How much do assistant financial analyst jobs pay per hour?

As of Jun 28, 2026, the average hourly pay for assistant financial analyst in Springfield, MA is $23.27, according to ZipRecruiter salary data. Most workers in this role earn between $18.22 and $26.11 per hour, depending on experience, location, and employer.

What is the lowest salary for a financial analyst?

The lowest salary for a financial analyst typically starts around $50,000 to $60,000 annually, depending on location, experience, and industry. Entry-level positions or those in smaller markets may offer lower compensation, while certifications like CFA can lead to higher starting salaries.

What are some common challenges faced by Assistant Financial Analysts in their day-to-day work?

Assistant Financial Analysts often encounter challenges such as managing tight deadlines during reporting periods, ensuring data accuracy while handling large volumes of financial information, and adapting quickly to changes in financial regulations or company policies. They also need to balance multiple projects simultaneously and communicate findings clearly to both finance and non-finance colleagues. Developing strong organizational and technical skills, as well as being proactive in seeking guidance from senior analysts, can help navigate these common hurdles.

What is the difference between Assistant Financial Analyst vs Financial Analyst?

AspectAssistant Financial AnalystFinancial Analyst
Required CredentialsBachelor's degree in finance, accounting, or related field; some certifications like CFA Level IBachelor's degree; often pursuing CFA or CPA certifications
Work EnvironmentSupportive team, entry-level tasks, data analysisMore independent, decision-making, strategic analysis
Employer & Industry UsageFinancial services, corporate finance, investment firmsSame industries, with increased responsibilities

Assistant Financial Analysts typically handle data collection and basic analysis under supervision, while Financial Analysts take on more complex financial modeling and strategic decision-making. The roles are part of the same career path, with the Assistant position serving as an entry point to becoming a Financial Analyst.

Is 40 too late to start a career in finance?

Starting a career as an Assistant Financial Analyst at age 40 is possible, as many employers value experience and skills over age. Success often depends on relevant education, certifications like the CFA, and building financial analysis skills through training or self-study. Age should not be a barrier if you demonstrate strong analytical abilities and a commitment to learning.

What does an Assistant Financial Analyst do?

An Assistant Financial Analyst supports senior analysts and finance teams by gathering data, preparing reports, analyzing financial statements, and helping with budgeting and forecasting. Their role often involves conducting research on market trends, compiling financial models, and assisting in the preparation of presentations for internal or client meetings. They play a crucial role in ensuring the accuracy of financial information and providing insights that help guide business decisions.

Will AI replace financial analysts?

AI is transforming the role of financial analysts by automating data analysis and reporting tasks, but it is unlikely to fully replace them. Financial analysts will continue to be essential for interpreting insights, making strategic decisions, and providing context that AI tools cannot replicate. Skills in data analysis, critical thinking, and understanding financial markets remain important for the role.

What are the key skills and qualifications needed to thrive as an Assistant Financial Analyst, and why are they important?

To thrive as an Assistant Financial Analyst, you need analytical skills, a solid grasp of finance and accounting principles, and usually a bachelor's degree in finance, accounting, or a related field. Familiarity with financial modeling, Excel, and enterprise resource planning (ERP) systems like SAP or Oracle is commonly required. Attention to detail, strong communication, and problem-solving abilities help set top performers apart. These skills and qualities are crucial for producing accurate financial reports, supporting decision-making, and ensuring organizational financial health.

What does a financial analyst assistant do?

A financial analyst assistant supports senior analysts by gathering and analyzing financial data, preparing reports, and maintaining financial models. They often use tools like Excel and require strong attention to detail, organizational skills, and basic understanding of financial concepts to help inform investment or business decisions.
What are the most commonly searched types of Financial Analyst jobs in Springfield, MA? The most popular types of Financial Analyst jobs in Springfield, MA are:
What are popular job titles related to Assistant Financial Analyst jobs in Springfield, MA? For Assistant Financial Analyst jobs in Springfield, MA, the most frequently searched job titles are:
What job categories do people searching Assistant Financial Analyst jobs in Springfield, MA look for? The top searched job categories for Assistant Financial Analyst jobs in Springfield, MA are:
What cities near Springfield, MA are hiring for Assistant Financial Analyst jobs? Cities near Springfield, MA with the most Assistant Financial Analyst job openings:
Assistant Financial Analyst jobs near you
Infographic showing various Assistant Financial Analyst job openings in Springfield, MA as of June 2026, with employment types broken down into 72% Full Time, 27% Part Time, and 1% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution, with an average salary of $48,406 per year, or $23.3 per hour.
Financial Analyst

Financial Analyst

COMMUNITY RENEWAL TEAM INC

Hartford, CT • On-site

$25/hr

Full-time

Posted 5 days ago

Community Renewal Team rating

5.3

Company rating: 5.3 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

Job description

LB JOB DESCRIPTION

POSITION TITLE:    Financial Analyst

DEPARTMENT:        Finance

FLSA STATUS:          Non-Exempt

REPORTS TO:           Financial Analysis Supervisor

GENERAL DESCRIPTION OF DUTIES

The Financial Analyst is responsible for financial monitoring and analysis to the approved budget, monthly revenue recognition entries, applicable reporting to the funding source, and assistance in the preparation of annual budgets for assigned programs and grants.

SPECIFIC DUTIES AND RESPONSIBILITIES

ESSENTIAL JOB FUNCTIONS

The list of essential functions, as outlined herein, is intended to be representative of the tasks performed within this classification. It is not necessarily descriptive of any one position in the class. The omission of an essential function does not preclude management from assigning duties not listed herein if such functions are a logical assignment to the position.

  • Responsible for providing financial projections, budget variance explanations, and forecasting to Program Managers on a monthly basis.
  • Verify all budgeted expenses (salary, fringe, occupancy and direct expense line items) on a monthly basis against the actual expenses and summarize results in monthly scheduled meetings with Program Managers to ensure grants are on track, data is accurately reported and make recommendations to Program Managers for budget line adjustments.
  • Ensure proper billing is reported in connection with the monthly financial closing and work with the Accounting Manager and Controller to ensure collection of assigned funds occurs.
  • Maintain financial program files for assigned programs.
  • Complete all required financial reports to funder based on scheduled due dates as listed in the executed grant contracts.
  • Conduct budget analysis in preparation of completing budget revisions. Review and prepare budget modifications and request revisions to efficiently use all funds before the program fiscal year/contract period ends.
  • Assist with Funder’s monitoring visits.  
  • Assist with annual audit and closing of funds.
  • Assist with monthly, quarterly, and annual closing processes.
  • Prepare journal entries and reconcile general ledger and subsidiary accounts.

ADDITIONAL JOB FUNCTIONS

  • Perform all other duties as assigned.

MINIMUM TRAINING AND EXPERIENCE

Education: Associate degree in Accounting, Finance, Economics or Business Administration required. Bachelor degree preferred. 

Experience: A minimum of two (2) years of related experience. Knowledge of Generally accepted accounting practices and principles, Fund or governmental accounting practices and principles. 

Demonstrated Skills: Ability to use financial software and MS Office skills with advanced skills in MS Excel and MS Word. Must have excellent oral and written communication skills, customer service and organizational skills. Must exercise confidentiality and educated judgment to perform projections. Demonstrated ability to multitask and be proactive.

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