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Finance Administrator Salary

Earnings for Finance Administrators in the United States come in at around $43K per year on average. While some workers in this profession — close to one-fourth — do not have any health coverage, a fair number do receive medical benefits and the larger part have dental insurance. Most workers in this position report high levels of job satisfaction. There are far more female Finance Administrators who answered the questionnaire than men, making up 80 percent. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$32,056 - $70,603
(Median)
$32K
$43K
$71K
MEDIAN: $42,617
10%
50%
90%

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$13.12 - $24.99
(Median)
$13
$17
$25
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$32,056 - $70,603  
   
Bonus
$0.00 - $5,051  
Profit Sharing
$1,334 - $4,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,223 - $68,167  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 149
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$13.12 - $24.99  
   
Overtime
$19.63 - $35.47  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $5,051  
   
Profit Sharing
$1,334 - $4,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$30,223 - $68,167  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 80

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United States (change)


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Job Description for Finance Administrator

Finance administrators are responsible for all aspects of an organization’s finance and budget concerns. This includes managing accounts receivable and accounts payable, designing and implementing the budget, and handling any investments or capital expenditures in which the organization might engage. Finance administrators ensure that all payments the company owes have been made and monitor incoming payments and revenue to maintain a proper cash flow. Additionally, they produce a budget, working closely with other managers. They are required to make regular reports on the current and future state of the company’s finances and financial plans. They must react to changes in revenues, expenditures, or even radical shifts in company focus due to new developments or opportunities.

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Finance Administrator Tasks

  • Maintain accounts and follow up to verify and close invoices and collect fees.
  • Document project status, obstacles, reporting and reviews.
  • Review and verify accuracy of financial and contract paperwork and processes.
  • Create budget templates and serve as point of contact for questions and exceptions.

Financial Administrator Job Listings

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Popular Skills for Finance Administrator


Survey results suggest that Finance Administrators put a wide range of professional skills to use. Most notably, skills in Microsoft Excel, Financial Analysis, Accounting, and Accounts Payable are correlated to pay that is above average, with boosts of 8 percent, 7 percent, 6 percent, and 6 percent, respectively. At the other end of the pay range are skills like Payroll Administration, Accounts Receivable, and Accounts Payable. Those educated in Accounting tend to be well versed in Microsoft Excel.

Pay by Experience Level for Finance Administrator

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Finance Administrators with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Those who have worked for fewer than five years take home a median salary of $40K, and workers with five to 10 years of experience earn a higher $41K on average. People with 10 to 20 years of experience make an average of about $42K in this role. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Finance Administrator with more than 20 years of experience can earn $58K on average.

Related Job Salaries

United States (change)

Experience Affects Finance Administrator Salaries


Experienced
up arrow 1%

National Average
$41,000



Skills That Affect Finance Administrator Salaries




National Average
$41,000


Accounts Payable
up arrow 5%

Payroll Administration
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
80 %
Male
20 %

Years of Experience

Less than 1 year
6%
1-4 years
37%
5-9 years
23%
10-19 years
18%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 72% dental benefits Dental: 60%
vision benefits Vision: 47% employee benefits None: 26%
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