Associate Financial Analyst Salary in Mumbai, Maharashtra
₹344K
20% Low Band Avg
INR ₹565K
Average
₹861K
80% High Band Avg
Salaries based on experience level
The Average Entry Level salary of Associate Financial Analyst in Mumbai, Maharashtra is INR ₹565K/yr, this salary increases 30% to ₹734K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 30% from ₹734K/yr to ₹960K/yr.
Salary Compared to India National Average Salary
- Associate Financial Analyst in Mumbai, Maharashtra Salary
- vs
- Associate Financial Analyst in India Salary
The Average Salary of Associate Financial Analyst in Mumbai, Maharashtra is ₹565K/yr. This is +100% higher (₹282,679) compared to India national average salary of ₹282K/yr.
Salary Compared to Mumbai City Average Salary
- Associate Financial Analyst in Mumbai, Maharashtra Salary
- vs
- Mumbai, Maharashtra City Average Salary
The Average Salary of Associate Financial Analyst in Mumbai, Maharashtra is -32% lower (-276,042) than the average salary for the city of Mumbai, Maharashtra ₹841K/yr.
Associate Financial Analyst job description
Job Title: Associate Financial Analyst
Overview/Summary of the role:
An associate financial analyst is responsible for providing financial analysis and recommendations to the senior financial analysts and management. They assist in compiling financial data, creating reports, analyzing financial statements, and making recommendations based on their findings.
Responsibilities and Duties:
- Assist with financial analysis and modeling for forecasting, budgeting, and long-range planning
- Conduct research on financial trends, market conditions, and industry benchmarks
- Assist in preparing monthly and quarterly financial reports
- Analyze financial data and identify trends and insights
Associate Financial Analyst interview questions
Interviewer: Good afternoon, thank you for joining us today. Can you please start by telling us a little bit about yourself and your experience in finance?
Candidate:
Sure, my name is John Smith and I have a degree in finance from XYZ University. I also have two years of experience working as a Financial Analyst for ABC Company, where I was responsible for analyzing financial data, creating forecasts and preparing financial reports.
Interviewer: That sounds great. Can you tell us about a time when you had to analyze a complex financial situation and how you approached it?
Candidate:
Certainly, one such situation was when our company was considering expanding into a foreign market. I had to conduct a thorough analysis of the market, including its economic trends, legal requirements, and consumer behavior. I then put together a financial report that outlined the potential risks and rewards of the investment.
Interviewer: That's impressive. How do you ensure that your financial analysis is accurate and reliable?
Candidate:
I always make sure to use reliable data sources, and I double-check my work to ensure that there are no errors or inconsistencies. I also consult with other members of my team to get their opinions and perspectives.