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FP & A Analyst II Salary in the United States

How much does a FP & A Analyst II make in the United States?

As of September 01, 2026, the average salary for a FP & A Analyst II in the United States is $79,270 per year, which breaks down to an hourly rate of $38.

However, a FP & A Analyst II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $91,420
  • Majority Range (25th-75th percentile): $74,000 to $85,630
  • Entry-Level (10th percentile): $69,202
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence FP & A Analyst II Salaries

A FP & A Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects FP & A Analyst Salaries?

Experience is a primary driver of a FP & A Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • FP & A Analyst I (0-2 years): $67,307
  • FP & A Analyst II (2-4 years): $79,261
  • FP & A Analyst III (4-7 years): $94,996
  • FP & A Analyst IV (7+ years): $114,521
  • FP & A Analyst V (7-10 years): $147,696
Job Role Years of Experience Average Salary
FP & A Analyst I0-2 years$67,307
FP & A Analyst II2-4 years$79,261
FP & A Analyst III4-7 years$94,996
FP & A Analyst IV7+ years$114,521
FP & A Analyst V7-10 years$147,696
View as Graph

How Do FP & A Analyst II Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract FP & A Analyst IIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $87,760.
  • California: $87,430.
  • Massachusetts: $86,260.

Top Paying Cities for FP & A Analyst IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $99,980
  • San Francisco: $98,880
  • Oakland: $96,800

What Skills Can Increase a FP & A Analyst II's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 16.33% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Financial Planning (Mentioned in 1.61% Job Postings): In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.
  • CPA (Mentioned in 1.05% Job Postings): A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
Skills Demand Percentage
Analysis 16.33%
Financial Planning 1.61%
CPA 1.05%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a FP & A Analyst II's salary.

  • Consulting: Can increase your salary by up to 6%.
  • Insight: Can increase your salary by up to 4%.
  • Project Management: Can increase your salary by up to 4%.
Skill Salary Salary % Increase
Consulting $84,026
6%
Insight $82,441
4%
Project Management $82,441
4%
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FP & A Analyst II Salary by Company Size: Startups vs. Enterprise

FP & A Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $88,588. While startup companies pay approximate $74,936.

FP & A Analyst II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $74,936
Growth Stage 51~500 $79,252
Established 501~5000 $85,543
Enterprise 5000+ $88,588

FP & A Analyst II Salary by Industry: Top Paying Sectors

For FP & A Analyst II roles, the industry you choose can affect earning potential by as much as 10% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 5% above the average. In contrast, FP & A Analyst positions in Transportation or Software & Networking typically offer lower base pay, as these industries often view FP & A Analyst II as a support function rather than a direct revenue driver.

The top paying industries for a FP & A Analyst II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$83,234$40.05%
Business Services$83,234$40.05%
Construction$83,234$40.05%
Energy & Utilities$83,234$40.05%
Healthcare$83,234$40.05%

How Education impacts a FP & A Analyst II's Salary?

Your level of education can impact your salary potential. While many FP & A Analyst IIs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a FP & A Analyst II with a Bachelor's Degree is between $77,386 and $81,798).

FP & A Analyst II Salaries by Degree Level

Typical Education for FP & A Analyst II
Degree Level % of user with this level of education
No Diploma 1.4%
High School 1.4%
Associates 1.5%
Bachelors 52.3%
Masters 44.3%
Doctorate 0.5%
View as Graph

FP & A Analyst II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a FP & A Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$74,000
Average $79,270/year
$85,630
$6,167
Average $6,606/month
$7,136
$1,423
Average $1,524/week
$1,647
$36
Average $38/hour
$41
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $85,630 $7,136 $1,647 $41
Average $79,270 $6,606 $1,524 $38
25th Percentile $74,000 $6,167 $1,423 $36

FP & A Analyst II Salary Growth & Career Path

FP & A Analyst II

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Advancement

For a FP & A Analyst II, the most direct path to higher earnings is advancing to the FP & A Analyst III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $95,000 - a projected growth of 20% over your current level.

Most common benefits for FP & A Analyst II

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for FP & A Analyst II

Here are companies hiring for FP & A Analyst II and their salaries, click below for more details.

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FAQ about FP & A Analyst II

1. What industry pays the highest salary for FP & A Analyst II?

The Aerospace & Defense industry offers the highest average compensation for FP & A Analyst II roles, with salaries approximately 5% above the market median.

2. How much does a FP&A analyst make at Morgan Stanley?

The salary for a Financial Planning & Analysis (FP&A) Analyst typically ranges from $73,310 to $90,130, with a midpoint of $80,840. While estimates for Morgan Stanley suggest an average salary of around $101,612, this is higher than the typical range for FP&A Analysts.

3. How much does a FP&A analyst make at Southwest Airlines?

The salary for an FP&A Analyst at Southwest Airlines typically ranges from $73,310 to $90,130 per year, with a midpoint of $80,840. This reflects a competitive compensation structure within the industry, aligning closely with national averages for similar roles.

4. What is the salary of FP&A in JP Morgan?

The salary range for an FP&A Analyst at J.P. Morgan is approximately $73,310 to $90,130 per year, with a midpoint salary of around $80,840. This reflects the base salary without including additional compensation.

5. What is the highest paid financial analyst?

The highest paid financial analyst roles can vary, but for an FP&A Analyst, the salary typically ranges from $73,310 to $90,130, with a mid-salary of $80,840. Other high-paying positions in finance may include roles like Financial Reporting Consultant and Private Equity Associate, which can exceed these figures significantly.

6. What is a Level 2 financial analyst?

A Level 2 Financial Analyst performs routine to moderately complex financial and statistical analyses under supervision. They support financial planning and cash management initiatives, assist in the budget process, and manage ongoing budget activities. The salary range for this position typically falls between $73,310 and $90,130, with a midpoint of $80,840.

7. Does FP&A pay well?

FP&A roles generally offer competitive salaries. The minimum salary for an FP&A Analyst is approximately $73,310, while the mid-range salary is around $80,840. For those with more experience, the maximum salary can reach up to $90,130. Overall, FP&A positions provide a solid earning potential in the finance sector.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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