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Entry Level Financial Analyst Jobs in Rochester, MN

Entry Level Financial Analyst information

See Rochester, MN salary details

$13

$28

$55

How much do entry level financial analyst jobs pay per hour?

As of May 28, 2026, the average hourly pay for entry level financial analyst in Rochester, MN is $28.23, according to ZipRecruiter salary data. Most workers in this role earn between $19.57 and $30.53 per hour, depending on experience, location, and employer.

What Is the Job of an Entry Level Financial Analyst?

Entry-level financial analysts compile budget and income statement forecasts into reports. In this role, you analyze the information for a business and provide advice on how to improve the financial health of the company. As part of your duties, you may look at investments and stocks and provide information on their performance and how the company could better use their assets. You might also provide information on how to reduce operating costs. The entry-level financial analyst presents these findings to company decision-makers, who may not understand the nuances of accounting. Because of this, you may be required to explain your findings at a basic level.

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

To thrive as an Entry Level Financial Analyst, you generally need a bachelor's degree in finance, accounting, or a related field, along with strong analytical and quantitative skills. Familiarity with Excel, financial modeling software, and sometimes experience with databases or ERP systems are typically required, and pursuing certifications like CFA Level I can be advantageous. Attention to detail, effective communication, and organizational abilities are standout soft skills in this role. These competencies are crucial for delivering accurate financial insights, supporting business decision-making, and ensuring reliable reporting within a fast-paced environment.

What are some common challenges faced by entry-level financial analysts during their first year, and how can they overcome them?

Entry-level financial analysts often encounter challenges such as managing large volumes of data, meeting tight deadlines for reports, and quickly learning company-specific financial systems. To overcome these hurdles, it's helpful to actively seek mentorship from senior analysts, participate in training sessions to sharpen technical skills, and stay organized with task lists and calendar reminders. Building strong relationships with colleagues in finance and related departments can also provide valuable support and insight, making the transition smoother and more productive.

What does an Entry Level Financial Analyst do?

An Entry Level Financial Analyst is responsible for gathering, analyzing, and interpreting financial data to help their organization make informed business decisions. They typically prepare reports, assist with budgeting and forecasting, and evaluate financial performance under the supervision of senior analysts or managers. This role often involves using spreadsheets, financial modeling, and various analytical tools to assess trends and identify opportunities or risks. Entry level analysts may also support the preparation of presentations and participate in meetings with other departments or clients. It's a foundational role that provides exposure to different aspects of finance and helps build essential analytical skills.

Is 35 too late to get into finance?

Entry level financial analyst roles are accessible to individuals of various ages, including those starting later in their careers. Success often depends on relevant skills, such as financial modeling and Excel proficiency, as well as obtaining certifications like the CFA or CPA if needed. Age is generally not a barrier if you demonstrate the necessary knowledge and motivation.

What is the difference between Entry Level Financial Analyst vs Financial Associate?

AspectEntry Level Financial AnalystFinancial Associate
Required CredentialsBachelor's in Finance, Economics, or related field; often some internship experienceBachelor's degree in Finance, Accounting, or related field; may require some certification
Work EnvironmentCorporate finance departments, investment firms, or banks; analytical and reporting tasksFinancial services firms, banks, or accounting firms; client-facing and support roles
Employer & Industry UsageCommonly used in finance, banking, and investment industriesUsed across banking, asset management, and financial services sectors

The main difference between an Entry Level Financial Analyst and a Financial Associate lies in their focus and responsibilities. Financial Analysts primarily analyze data, prepare reports, and support investment decisions, while Financial Associates often handle client interactions, support financial transactions, and assist with account management. Both roles require similar educational backgrounds, but their day-to-day tasks and career paths differ slightly, with Analysts more focused on analysis and Associates on client support.

What are the most commonly searched types of Financial Analyst jobs in Rochester, MN? The most popular types of Financial Analyst jobs in Rochester, MN are:
What job categories do people searching Entry Level Financial Analyst jobs in Rochester, MN look for? The top searched job categories for Entry Level Financial Analyst jobs in Rochester, MN are:
What cities near Rochester, MN are hiring for Entry Level Financial Analyst jobs? Cities near Rochester, MN with the most Entry Level Financial Analyst job openings:
Infographic showing various Entry Level Financial Analyst job openings in Rochester, MN as of May 2026, with employment types broken down into 71% Full Time, 28% Part Time, and 1% Contract. Highlights an 96% Physical, and 4% Remote job distribution, with an average salary of $58,714 per year, or $28.2 per hour.

Experienced Associate, Assurance

Clifton Larson Allen

Rochester, MN

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 16 days ago


Job description

CLA is a top 10 national professional services firm where our purpose is tocreate opportunities every day, for our clients, our people, and our communities through industry-focused wealth advisory, digital, audit, tax, consulting, and outsourcing services. Even with more than 8,500 people, 130 U.S. locations, and a global reach, we promise to know you and help you.

CLA is dedicated to building a culture that invites different beliefs and perspectives to the table, so we can truly know and help our clients, communities, and each other.

Our Perks:

  • Flexible PTO (designed to offer flexible time away for you!)

  • Up to 12 weeks paid parental leave

  • Paid Volunteer Time Off

  • Mental health coverage

  • Quarterly Wellness stipend

  • Fertility benefits

  • Complete list of benefitshere

CLA is currently seeking an Experienced Audit Associateto join our growing Southern MN practiceand locations include Mankato, Rochester and Owatonna.

As anExperienced Audit Associate you will:

  • Perform a wide range of audit and accounting procedures impacting industry-specific issues.

  • Audit complex areas/transactions as well as prepare financial statements and related reports.

  • Develop and train team interns to help them buildinspired careers.

  • Work with many great clients to help them resolve complex issues and get results.

  • Perform analytical reviews on financial accounts and identify trends.

Think you're a fit? This is what successful candidates for this role have:

  • You have a bachelor's degree in accounting, finance, or a related field.

  • You have a CPA license or are eligible to sit for the CPA exams and meet the 150 credit hour requirement to obtain a CPA License.

  • You haveat leastone year of experiencein public accounting and/or a professional services firm preferred.

  • College graduate or demonstrated success as an entry-level accountant with an exposure to financial statement preparation, audits, and reviews.

  • You can demonstrate that you've excelled as an entry-level accountant or intern and have been exposed to financial statement preparation and audits. Exposure to tax work a plus.

  • You are looking for a firm that will support and foster your aspiring career goals.

  • You jump at the chance to help others and you're ready to join a team of high-performing people.

  • You have a knack for solving issues and confidently bring solutions to the table.

Compensation Strategy

Our approach to compensation emphasizes collaboration and career growth. We pay competitive wages and view compensation as an investment in our people. Factors such as geography, experience, education, skills, and knowledge may impact position of pay within the range.

The Minnesota Posting Range for this role is $53,700 to $93,000

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Wellness at CLA

To support our CLA family members, we focus on their physical, financial, social, and emotional well-being and offer comprehensive benefit options that include health, dental, vision, 401k and much more.

To view a complete list of benefits click here.