Accountant vs Financial Analyst: Which Pays More?

Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.

National Median Salary Comparison
Accountant
$83,680
Financial Analyst
$102,740
Higher Pay
Finance

Accountant

Prepare and examine financial records, ensuring accuracy and compliance.

National Median
$83,680/yr
Entry
$55,178
Mid
$99,513
Senior
$179,470
+6% demand/yr78% AI risk
GAAPQuickBooksTax PreparationExcel
Full Accountant salary data โ†’
Higher Pay
Finance

Financial Analyst

Analyse financial data and prepare reports to support investment and business decisions.

National Median
$102,740/yr
Entry
$67,787
Mid
$122,253
Senior
$220,481
+9% demand/yr65% AI risk
ExcelFinancial ModellingDCF AnalysisBloomberg
Full Financial Analyst salary data โ†’
Verdict

Financial Analyst earns more on average โ€” the national median is $19,060/year (23%) higher than a Accountant. However, salaries vary significantly by city, employer, and experience level โ€” see the city-by-city breakdown below.

Accountant vs Financial Analyst โ€” Salary by City

National median figures in USD across top cities.

CityAccountantFinancial AnalystDifference
San Francisco, CA$122,756$146,829Accountant $24,073
New York, NY$99,513$122,253Accountant $22,740
Seattle, WA$117,197$143,125Accountant $25,928
Austin, TX$94,568$111,407Accountant $16,839
Chicago, IL$88,290$110,355Accountant $22,065
Boston, MA$106,405$135,080Accountant $28,675
London, UKยฃ62,254ยฃ82,870Accountant $20,616
Toronto, CanadaCA$94,614CA$111,014Accountant $16,400
Pay Gap
23%
Financial Analyst earns more
Demand Growth
6% vs 9%
Accountant vs Financial Analyst YoY
AI Risk
78% vs 65%
Accountant vs Financial Analyst

Frequently Asked Questions

Does a Accountant or Financial Analyst earn more?+

A Financial Analyst earns more on average. The national median salary for a Accountant is $83,680/year, compared to $102,740/year for a Financial Analyst โ€” a difference of $19,060 (23%).

Which has better career growth โ€” Accountant or Financial Analyst?+

Accountant roles are growing at 6% YoY while Financial Analyst demand is growing at 9% YoY. Financial Analyst has stronger near-term demand growth.

Can you switch from Accountant to Financial Analyst?+

Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: Excel.

Which is harder to automate โ€” Accountant or Financial Analyst?+

Financial Analyst has a lower AI automation risk (65% vs 78%). Based on Oxford Martin School and McKinsey 2023 analysis.