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Financial Business Analyst Jobs in Rochester, NY

Emphasizes translating technical analysis into actionable business insights and connects analytics to marketing, operations, finance, and supply chain applications. * Curriculum Awareness & Adaptive ...

Credit Analyst Associate

Batavia, NY · Hybrid

$55K - $80K/yr

The analyst must develop a thorough understanding of the marketplace, credit analysis and ... Business Development * Actively assesses financial information for opportunities to cross sell ...

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Financial Business Analyst information

See Rochester, NY salary details

$17

$42

$71

How much do financial business analyst jobs pay per hour?

As of Sep 4, 2026, the average hourly pay for financial business analyst in Rochester, NY is $42.15, according to ZipRecruiter salary data. Most workers in this role earn between $31.54 and $49.09 per hour, depending on experience, location, and employer.

What is a financial business analyst?

Financial Business Analysts are professionals who analyze financial data and business processes to help organizations make informed decisions. They evaluate financial performance, identify trends, and provide recommendations to improve efficiency and profitability. These analysts often work closely with other departments to develop financial models, prepare reports, and support strategic planning. Their expertise helps businesses optimize their operations and achieve their financial goals.

What does a financial business analyst do?

As a financial business analyst, your primary job is to improve a company’s profitability by analyzing its finances and business model. Your duties include reviewing company budgets, making recommendations, and helping to refine operations and increase efficiency. To excel in this job, you must have ample experience in reviewing budgets. Ideal skills include understanding how finances impact business operations and using your judgment to make recommendations for reducing costs, generating more revenue, and improving financial reporting. The qualifications for this career include a bachelor’s degree in business administration, preferably with a specialization in accounting.

What are the key skills and qualifications needed to thrive as a financial business analyst?

To thrive as a Financial Business Analyst, you need strong analytical abilities, financial modeling expertise, and typically a degree in finance, accounting, or a related field. Proficiency with Excel, financial analysis software, and often experience with ERP systems or data visualization tools like Power BI are important technical requirements. Excellent communication, problem-solving, and attention to detail are standout soft skills in this role. These skills are crucial for delivering accurate financial insights, supporting strategic decisions, and effectively collaborating across business functions.

How does a financial business analyst typically collaborate with other departments within an organization?

Financial Business Analysts often work closely with departments such as accounting, operations, and IT to gather data, understand business processes, and implement financial strategies. They regularly participate in cross-functional meetings to align financial goals with operational objectives and provide actionable insights. This collaboration ensures that financial analysis supports overall business performance, and it helps analysts develop a broad understanding of the company, which can open doors to future leadership roles.

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

AspectFinancial Business AnalystFinancial Analyst
CredentialsBachelor's degree in finance, accounting, or related field; certifications like CFA or CPA are commonBachelor's degree in finance, economics, or related; CFA certification often preferred
Work EnvironmentCollaborates with business units to improve financial processes and strategiesFocuses on analyzing financial data, preparing reports, and supporting investment decisions
Employer & Industry UsageUsed in corporate finance, consulting, and banking sectorsCommon in investment firms, banks, and corporate finance departments

While both roles involve financial analysis, the Financial Business Analyst emphasizes improving business processes and strategic planning, whereas the Financial Analyst primarily focuses on analyzing financial data and supporting investment decisions. Understanding these differences helps in choosing the right career path or job search focus.

Do financial business analysts make a lot of money?

Financial business analysts typically earn competitive salaries that vary by experience, location, and industry. According to industry data, the median annual salary for this role is around $70,000 to $90,000, with experienced analysts or those in senior positions earning over $100,000. Skills in data analysis, financial modeling, and proficiency with tools like Excel or SQL can influence earning potential.

What job categories do people searching Financial Business Analyst jobs in Rochester, NY look for?

The top searched job categories for Financial Business Analyst jobs in Rochester, NY are:

What cities near Rochester, NY are hiring for Financial Business Analyst jobs?

Cities near Rochester, NY with the most Financial Business Analyst job openings:

Infographic showing various Financial Business Analyst job openings in Rochester, NY as of August 2026, with employment types broken down into 56% Full Time, and 44% Contract. Highlights an 100% In-person job distribution, with an average salary of $87,654 per year, or $42.1 per hour.

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Job description

Job Description
Job Description
Description:

Department: Finance

Location: General Code, Rochester, NY

Reports To: Accounting Manager

FLSA Code: Exempt


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Position Summary:

The Payroll Analyst is responsible for payroll administration, payroll analysis, accounting support, and business compliance activities. This role ensures accurate payroll processing, maintains compliance with payroll and business regulations, supports budgeting and financial reporting, performs general ledger and account reconciliation activities, and partners with HR, Finance, and Operations to provide meaningful financial insights and improve business processes.


Essential Functions:

  • Process and reconcile bi-weekly payroll, ensuring accuracy of employee earnings, deductions, benefits, and taxes.
  • Research and resolve payroll discrepancies, employee inquiries, tax notices, and compliance issues.
  • Prepare, calculate, and process monthly sales commission reports, ensuring accurate and timely payments.
  • Prepare and analyze payroll, labor, and financial reports, including budget-to-actual results, payroll accruals, labor cost trends, and departmental spending.
  • Reconcile payroll, sales tax, and other balance sheet accounts; prepare journal entries and support month-end, quarter-end, and year-end close activities.
  • Assist in the development of budgets, forecasts, and financial projections while providing variance analysis to management.
  • Prepare and file sales and use tax returns and maintain business licenses, registrations, permits, and other required regulatory filings.
  • Collaborate with HR, Finance, Operations, Sales, and regulatory agencies on payroll, compliance, and financial matters.

Secondary Functions:

  • Support internal and external audits by maintaining accurate records, documentation, and internal controls.
  • Assist with system implementations, upgrades, testing, process improvements, automation initiatives, and ad hoc financial projects.
  • Perform other duties as assigned.
Requirements:
  • Bachelor's degree in Accounting, Finance, Business Administration, or related field.
  • Minimum 10 years of experience in payroll, accounting, financial analysis, or related finance functions.
  • Strong knowledge of payroll processing, payroll tax compliance, accounting principles, general ledger reconciliations, and financial reporting.
  • Experience with sales and use tax compliance, business registrations, licenses, and regulatory filings preferred.
  • Proficiency with ERP and payroll systems.
  • Advanced Microsoft Excel and financial reporting skills.
  • High level of accuracy and attention to detail, analytical and problem-solving skills.

Compensation details: 70000-85000 Yearly Salary


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