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How much do mid level functional analyst jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for mid level functional analyst in the United States is $48.91, according to ZipRecruiter salary data. Most workers in this role earn between $31.73 and $63.94 per hour, depending on experience, location, and employer.

What is a mid level functional analyst?

A Mid Level Functional Analyst is a professional who acts as a bridge between business stakeholders and technical teams to analyze business requirements and ensure that IT solutions meet organizational needs. They typically gather and document requirements, perform gap analyses, and help translate business processes into technical specifications. Mid level analysts have several years of experience, enabling them to handle moderately complex projects and guide junior analysts. They also often participate in testing solutions, training users, and supporting project implementation.

What are the key skills and qualifications needed to thrive as a mid level functional analyst?

To thrive as a Mid Level Functional Analyst, you need a solid understanding of business processes, requirements gathering, and data analysis, typically supported by a bachelor's degree in business, IT, or a related field. Proficiency in tools like Microsoft Excel, SQL, business process modeling software, and sometimes certifications such as CBAP or Agile methodologies are highly valuable. Strong communication, problem-solving, and critical thinking skills distinguish top performers in this role. These capabilities are essential for accurately translating business needs into technical solutions and ensuring successful project outcomes.

How does a mid level functional analyst typically collaborate with other departments during a project?

Mid Level Functional Analysts often serve as a bridge between business stakeholders and technical teams. They work closely with end-users to gather requirements, translate business needs into technical specifications, and ensure that solutions meet organizational goals. Regular collaboration with project managers, developers, and QA testers is essential to clarify requirements, address issues, and adapt to evolving project needs. This role requires strong communication skills and the ability to balance multiple perspectives to ensure successful project outcomes.

What is the difference between Mid Level Functional Analyst vs Junior Business Analyst?

AspectMid Level Functional AnalystJunior Business Analyst
Required CredentialsBachelor's degree, some certifications (e.g., CBAP)Bachelor's degree, entry-level certifications
Work EnvironmentCollaborates with cross-functional teams, analyzes systemsSupports project teams, gathers requirements
Employer & Industry UsageIT, finance, healthcare sectorsBusiness, consulting, technology sectors
Common Search & ComparisonMid Level Functional AnalystJunior Business Analyst

The Mid Level Functional Analyst typically has more experience and certifications, working on complex system analysis and requirements gathering. In contrast, the Junior Business Analyst is often entry-level, focusing on supporting projects and learning industry processes. Both roles are essential in project teams but differ mainly in experience and scope of responsibilities.

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Mid Level Functional Analyst jobs near you
Infographic showing various Mid Level Functional Analyst job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 89% Full Time, 6% Part Time, and 4% Contract. Highlights an 86% Physical, 4% Hybrid, and 10% Remote job distribution, with an average salary of $101,741 per year, or $48.9 per hour.

Technical Business Functional Analyst - Fund Accounting

Long Finch Technologies

Saddle Brook, NJ

Full-time

Posted 4 days ago

Job description

Employment Type: W2 Only
Visa: All U.S. Visa Types Accepted
H1B Transfers: Open to H1B Transfers

Role Overview

We are seeking a Mid-Level Technical Business Functional Analyst with strong knowledge of Fund Accounting and experience supporting Client Onboarding within financial services or asset servicing environments.

The ideal candidate will combine functional finance expertise with strong data analysis skills, including the ability to query and analyze data using Snowflake, Oracle, and other enterprise databases . The role requires someone who can understand fund accounting processes, validate data, identify discrepancies, and translate business requirements into clear technical specifications.

Primary Responsibilities
  • Support client onboarding processes and fund accounting-related business functions.
  • Analyze and validate financial and operational data across enterprise systems.
  • Write and execute SQL queries to investigate, reconcile, and validate data.
  • Work with databases such as Snowflake, Oracle , and similar platforms.
  • Gather and document business and functional requirements.
  • Translate business requirements into functional and technical specifications.
  • Partner with technology, operations, and business stakeholders to resolve data and process issues.
  • Perform data analysis, reconciliation, and validation to ensure data integrity.
  • Identify process gaps and recommend improvements to onboarding workflows.
  • Support testing, defect analysis, and implementation of system enhancements.
Required Skills
  • Mid-level experience as a Business Functional Analyst / Business Analyst in financial services.
  • Strong understanding of Fund Accounting principles and processes.
  • Experience with Client Onboarding or asset servicing operations.
  • Strong SQL and database querying skills.
  • Hands-on experience with Snowflake, Oracle , or similar databases.
  • Ability to analyze large datasets and troubleshoot data discrepancies.
  • Strong requirements gathering, documentation, and stakeholder communication skills.
  • Ability to bridge business/functional requirements with technology teams .
  • Experience working in enterprise financial systems and data environments.
Preferred Qualifications
  • Experience in asset management, asset servicing, investment operations, or financial services .
  • Familiarity with fund accounting data models and financial instruments.
  • Experience with data reconciliation, ETL/data validation, or system integration.
  • Bachelor's degree in Finance, Accounting, Business, Computer Science, or a related field.

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