What is the average Analyst salary for Somerset, NJ?
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As of March 26, 2024, the average Analyst salary in Somerset, NJ is $121,382. The chart below represents localized salaries for some of our most popular Analyst job titles in Somerset, NJ. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Analyst job titles in Somerset, NJ. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Analyst Salaries in Somerset, NJ
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Credit Analyst III | $94,851 | $45.60 | Somerset, NJ | March 26, 2024 |
| Treasury Analyst III | $105,175 | $50.56 | Somerset, NJ | March 26, 2024 |
| Accounts Receivable Analyst II | $67,466 | $32.44 | Somerset, NJ | March 26, 2024 |
| Credit and Collections Analyst III | $89,772 | $43.16 | Somerset, NJ | March 26, 2024 |
| Compensation and Benefits Analyst III | $111,536 | $53.62 | Somerset, NJ | March 26, 2024 |
| Cloud Architecture Analyst IV | $167,521 | $80.54 | Somerset, NJ | March 26, 2024 |
| ERP Business Analyst IV | $153,736 | $73.91 | Somerset, NJ | March 26, 2024 |
| Supply Chain Analyst V | $160,867 | $77.34 | Somerset, NJ | March 26, 2024 |
| Materials Management Analyst I | $68,805 | $33.08 | Somerset, NJ | March 26, 2024 |
| Social Media Analyst I | $78,039 | $37.52 | Somerset, NJ | March 26, 2024 |
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Analyzes the creditworthiness of prospective and current customers. Examines credit history using credit agency tools and evaluates potential risks. Makes recommendations on credit extensions within established guidelines. May make recommendations regarding bad debt or write-offs. Typically requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Credit Analyst III Salaries in Somerset, NJAlternate Job Titles:Senior Credit Analyst, Credit Analyst III
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Responsible for supporting all aspects of daily treasury operations. Oversees cash reporting and forecasting, credit administration, lender compliance requirements, administration of business insurance programs, and debt facility modeling. Researches economic trends and investment opportunities. May assist senior staff with preparing materials and reports using standard methodologies and procedures. Determines procurement of funds, and monitors investments and collections. Typically requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Treasury Analyst III Salaries in Somerset, NJAlternate Job Titles:Senior Treasury Analyst, Treasury Analyst III
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Analyzes accounts receivable transactions to ensure compliance with internal controls and accounting policies. Maintains and reconciles accounts receivable ledger to ensure accurate and timely receipt of payments. Utilizes AR data to identify trends, inefficiencies, delinquent accounts, and opportunities for improvements to accounts receivable policies and procedures. Generates reports to bring insight into collections, account ages, and other relevant metrics and relays conclusions to management. Investigates and resolves discrepancies in billings and collections. Analyzes customer credit history, determines credit risk, and recommends credit limits and payment terms. May be responsible for ad hoc customer billing and responding to customer inquiries regarding bills. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Accounts Receivable Analyst II Salaries in Somerset, NJ
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Analyzes credit history and information related to applications for credit and overdue/delinquent accounts. Ensures compliance with credit and collections regulations and adherence to best practices. Provides reporting on outstanding account balances, credit applications, and collection activity. Recommends terms and conditions pertaining to credit and debt repayment. Typically requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Credit and Collections Analyst III Salaries in Somerset, NJ
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Analyzes, designs, and administers employer compensation programs and benefit programs. Designs and communicates pay structures, grades, and compensation budgets. Develops and administers benefits programs, and communicates eligibility and coverage information to employees. Advises managers on effective pay decisions. Develops and maintains job descriptions and job architecture. Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience. Compensation and Benefits Analyst III Salaries in Somerset, NJCategory : Human Resources
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Responsible for the design and management of an organization's cloud systems, applications, policies, and strategy. Evaluates and identifies the best cloud solutions for the organization. Develops and modifies scalable architecture to support applications and infrastructure-as-a-service (IAAS) and platform-as-a-service (PAAS) platforms. Ensures the security and compliance of cloud environments, including data protection and privacy. Monitors and analyzes cloud infrastructure performance to identify and resolve issues proactively. Collaborates with cross-functional teams to optimize cloud-based environments for performance, scalability, and cost-effectiveness. Designs controls and processes that utilize available audit tools. Maintains up-to-date and extensive knowledge of cloud products and technology. Typically requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. Cloud Architecture Analyst IV Salaries in Somerset, NJCategories : IT - Computers, Software , Engineering , IT - All , IT - Computers, Hardware , IT - Networking
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Analyzes business needs and processes to assist with developing, implementing, and maintaining the organization's Enterprise Resource Planning (ERP) applications. Coordinates with cross-functional teams to gather requirements by understanding workflow, goals, and processes. Acts as liaison between the development teams and business stakeholders to ensure that ERP solutions align with business objectives. Documents business requirements, functional specifications, and process maps to serve as a reference for the organization. Analyzes system performance and user feedback to identify opportunities to improve processes and ERP functionality. Generates and monitors regular reports to ensure the reliability, security, and efficiency of ERP applications. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. ERP Business Analyst IV Salaries in Somerset, NJ
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Monitors and expedites the flow of goods, resources, and information required by the supply chain to ensure that critical processes run effectively and achieve organizational goals and performance KPIs. Coordinates with procurement, production, inventory control, distribution, transportation, and other functions to optimize the supply chain. Identifies bottlenecks or problem areas and escalates or proposes solutions. Works with suppliers to resolve issues. May assist in the negotiation of contracts or service arrangements. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience. Supply Chain Analyst V Salaries in Somerset, NJCategory : Logistics
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Supports daily operations and planning to optimize the flow of raw materials, supplies, and equipment from initial procurement to the final disposition and fulfill material requirements for volume, cost, and scheduling business operations. Uses material requirements plans, production schedules, and inventory data to maintain the required flow of materials. Coordinates with procurement, warehouse, and distribution operations to manage and monitor workflows crucial to the flow of materials. Monitors operations, troubleshoots operational roadblocks, and expedites material availability. Tracks and analyzes inventory levels and develops reports, dashboards, and other resources to facilitate material management processes. Typically requires a bachelor's degree or equivalent. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Materials Management Analyst I Salaries in Somerset, NJ
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Collects and analyzes data related to social media marketing campaigns. Analyzes social media data to identify patterns and trends. Monitors social media platforms to determine how a new update or feature impacts audience behavior or content performance. Identifies opportunities for campaign optimization and provides recommendations to improve targeting and messaging. Creates and maintains comprehensive reports, dashboards, and data visualizations to monitor marketing performance and communicate insights to stakeholders. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Social Media Analyst I Salaries in Somerset, NJ