Finance Administrator Salary

Finance Administrators in the United States pull down an average of $50K annually. While some workers in this profession — just under a third — do not have any health coverage, more than half do receive medical benefits and a majority have dental insurance. Job satisfaction is reported as high by the vast majority of workers. Women account for the majority of Finance Administrators who took the survey — 80 percent to be exact. This snapshot results from replies to PayScale's salary survey.
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$34,821 - $81,693
$35K
$50K
$82K
MEDIAN: $50,437
10%
50%
90%

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$14.63 - $29.77
$15
$18
$30
MEDIAN: $18.17
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$34,821 - $81,693  
   
Bonus
$0.00 - $5,068  
Profit Sharing
$1,474  
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).
)
$32,962 - $72,530  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 63
© PayScale, Inc. @ www.payscale.com
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$14.63 - $29.77  
   
Overtime
$21.09 - $45.58  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$0.00 - $5,068  
   
Profit Sharing
$1,474  
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).
)
$32,962 - $72,530  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 55
© PayScale, Inc. @ www.payscale.com

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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

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

Financial Administrator Job Listings

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Popular Skills for Finance Administrator


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Accounting, Payroll Administration, Financial Analysis, and Accounts Payable are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Account Management and Accounts Receivable. For most people, competency in Accounting indicates knowledge of Microsoft Excel.

Pay by Experience Level for Finance Administrator

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


For many Finance Administrators, extensive experience does not lead to significantly more money. Folks with fewer than five years of experience take home $41K on average, and those who have worked for five to 10 years see a bigger median salary of $46K. Finance Administrators bring in $52K after working for 10 to 20 years. Finance Administrators who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $56K on average.

Related Job Salaries

Key Stats for Finance Administrator

Gender

Female
80 %
Male
20 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.
Less than 1 year
3%
1-4 years
35%
5-9 years
22%
10-19 years
16%
20 years or more
24%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Administrator Salaries

▲25%

▲16%

▲2%

National Average
$45,000

▼8%

Skills That Affect Finance Administrator Salaries

▲6%

Payroll Administration
▲6%


National Average
$45,000




Account Management
▼11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
80 %
Male
20 %

Years of Experience

Less than 1 year
3%
1-4 years
35%
5-9 years
22%
10-19 years
16%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 58%
vision benefits
Vision: 45%
dental benefits
None: 31%
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