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Data Analyst Financial Analyst Jobs in Madison, WI

Help identify risks, opportunities, and business trends through data analysis. * Support finance leadership in preparing presentations and reporting materials for management reviews. * Partner with ...

Financial Analyst Senior

Madison, WI · On-site

$86K - $107K/yr

Data analysis and manipulation. * Budget and forecasting along with variance analysis. * Financial Reporting * Executive presentation skills * Excellent customer service * SAP knowledge and ...

Finance Data Analyst

Madison, WI · On-site

$86K - $95K/yr

As a Finance Data Analyst, you'll play a critical role in shaping strategies that improve member ... Experience in financial services industry preferred. Skills : * Advanced verbal and written ...

As a Finance Data Analyst, you'll play a critical role in shaping strategies that improve member ... Experience in financial services industry preferred. Skills : * Advanced verbal and written ...

As a Finance Data Analyst, you'll play a critical role in shaping strategies that improve member ... Experience in financial services industry preferred. Skills : * Advanced verbal and written ...

Data Analytics, Finance, Accounting, Business Administration, or related analytical disciplines * Experience with data analysis and reporting * Advanced Microsoft Excel skills, including formulas ...

Data Analytics, Finance, Accounting, Business Administration, or related analytical disciplines * Experience with data analysis and reporting * Advanced Microsoft Excel skills, including formulas ...

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Data Analyst Financial Analyst information

See Madison, WI salary details

$35.3K

$86.1K

$143.1K

How much do data analyst financial analyst jobs pay per year?

As of Aug 26, 2026, the average yearly pay for data analyst financial analyst in Madison, WI is $86,111.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,000.00 and $101,300.00 per year, depending on experience, location, and employer.

What is the difference between Data Analyst Financial Analyst vs Data Scientist?

AspectData AnalystData Scientist
Required CredentialsBachelor's in Statistics, Data Analysis, or related field; often certifications like Microsoft Excel or TableauBachelor's or Master's in Computer Science, Statistics, or related; certifications like Python, R, or machine learning courses
Work EnvironmentBusiness settings, focusing on reporting and data visualizationTech and research environments, focusing on predictive modeling and advanced analytics
Employer & Industry UsageFinance, marketing, healthcare, retailTech companies, research institutions, finance, healthcare

Data Analysts primarily focus on interpreting existing data to generate reports and insights, while Data Scientists develop complex models and algorithms to predict future trends. Both roles require strong analytical skills, but Data Scientists typically have more advanced technical expertise and work on more complex projects.

Can a data analyst work as a financial analyst?

A data analyst can transition to a financial analyst role since both positions require strong analytical skills, proficiency in data tools like Excel and SQL, and an understanding of financial concepts. However, financial analysts often need knowledge of accounting, finance, and sometimes certifications like CFA, which may require additional training or experience. The skills overlap can facilitate a career shift, but specific financial knowledge is typically necessary for success in a financial analyst role.

What does a data analyst financial analyst do?

A data analyst financial analyst collects, analyzes, and interprets financial data to support business decision-making. They use tools like Excel, SQL, and data visualization software to identify trends, prepare reports, and provide insights on financial performance and risks. Strong analytical skills and understanding of finance are essential for this role.

What pays more, a data analyst or a financial analyst?

Financial analysts generally have higher median salaries than data analysts due to the specialized financial knowledge and certifications often required. However, data analysts with advanced skills in programming, data visualization, and tools like SQL or Python can also command competitive salaries, especially in finance-related industries. Salary differences can vary based on experience, location, and industry demand.

What job categories do people searching Data Analyst Financial Analyst jobs in Madison, WI look for?

The top searched job categories for Data Analyst Financial Analyst jobs in Madison, WI are:

What cities near Madison, WI are hiring for Data Analyst Financial Analyst jobs?

Cities near Madison, WI with the most Data Analyst Financial Analyst job openings:

Infographic showing various Data Analyst Financial Analyst job openings in Madison, WI as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, 2% Temporary, and 2% Contract. Highlights an 82% Physical, 4% Hybrid, and 14% Remote job distribution, with an average salary of $86,111 per year, or $41.4 per hour.

Financial Analyst

Franklin Electric

Madison, WI • On-site

Full-time

Posted 26 days ago


Job description

Financial Analyst
Department: Finance / Accounting / Audit
Employment Type: Full Time
Location: US - Wisconsin - Madison
Description
At Franklin Electric, Finance plays a critical role in driving business performance and supporting sound decision-making across the organization. As a Financial Analyst I, you will support both financial analysis and accounting activities while gaining broad exposure to the financial operations of a global manufacturing company.
This entry-level role is ideal for a recent graduate or early-career professional looking to develop expertise in financial reporting, forecasting, budgeting, cost analysis, and accounting processes. Working closely with finance leadership and cross-functional teams, you will help provide meaningful insights that support profitability, operational performance, and strategic initiatives.
Key Responsibilities
Financial Analysis & Reporting
  • Assist with monthly, quarterly, and annual financial reporting activities.
  • Analyze financial results and investigate variances between actual results, forecasts, and budgets.
  • Support forecasting, annual operating plan (AOP), and budgeting processes.
  • Prepare recurring and ad hoc financial analyses to support business decisions.
  • Assist in monitoring key performance indicators (KPIs), profitability metrics, and operational trends.
  • Develop reports and dashboards that improve visibility into financial and operational performance.
  • Help identify risks, opportunities, and business trends through data analysis.
  • Support finance leadership in preparing presentations and reporting materials for management reviews.
  • Partner with sales organization on reporting and performance vs. incentive plans.

Accounting & Financial Operations
  • Assist with month-end and year-end close processes.
  • Prepare journal entries and account reconciliations.
  • Support general ledger maintenance and ensure accuracy of financial records.
  • Investigate and resolve account discrepancies.
  • Assist with audit requests and documentation.

Process Improvement & Data Analytics
  • Assist in improving reporting processes through standardization, automation, and enhanced data accuracy.
  • Support initiatives focused on data quality, governance, and reporting efficiency.
  • Leverage Excel, ERP systems, and business intelligence tools to analyze and present financial information.
  • Contribute to continuous improvement projects that strengthen financial processes and decision-making capabilities.

Skills Knowledge and Expertise
  • Bachelor's degree in finance, Accounting, Business, Economics, or a related field.
  • 0-2 years of relevant experience, including internships or co-op experience.
  • Understanding of financial statements, budgeting, forecasting, and accounting principles.
  • Strong analytical and problem-solving skills.
  • Advanced proficiency in Microsoft Excel.
  • Excellent attention to detail and organizational skills.
  • Strong written and verbal communication skills.
  • Ability to manage multiple priorities in a fast-paced environment.

Preferred Qualifications
  • Internship or experience within a manufacturing environment, public accounting or other similar experience.
  • Familiarity with ERP systems, preferably JD Edwards (JDE).
  • Experience with Power BI, Microsoft Business Intelligence tools, or similar reporting platforms.
  • Exposure to cost accounting concepts and inventory analysis.
  • Progress toward CPA, CMA, or other professional certifications.

Key Competencies
  • Financial Analysis
  • Business Partnership
  • Problem Solving
  • Data Analytics
  • Attention to Detail
  • Communication
  • Continuous Improvement
  • Time Management
  • Collaboration
  • Learning Agility