Finance Administrators in the United States can expect to earn an average of $48K annually. Female Finance Administrators far outnumber their male contemporaries among survey respondents. Health benefits are not enjoyed by everyone in this line of work, and roughly one in three lack any coverage at all. Medical benefits are reported by the larger part and dental coverage is claimed by a majority. Job satisfaction is considered about average by most people in this profession. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$33,924 - $77,567
(Median)
$34K
$48K
$78K
MEDIAN: $47,854
10%
50%
90%

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$14.24 - $27.37
(Median)
$14
$18
$27
MEDIAN: $17.00
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$26K$52K$78K
Salary
$33,924 - $77,567  
   
Bonus
$0.00 - $5,128  
Profit Sharing
$1,500  
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).
)
$31,884 - $72,659  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 71
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$15$30$45
Hourly Rate
$14.24 - $27.37  
   
Overtime
$21.55 - $44.93  
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$30K$60K$90K
Bonus
$0.00 - $5,128  
   
Profit Sharing
$1,500  
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).
)
$31,884 - $72,659  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 56
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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.

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Popular Skills for Finance Administrator


Finance Administrators seem to require a number of specific skills. Most notably, skills in Accounting, Financial Analysis, Microsoft Excel, and Accounts Payable are correlated to pay that is above average. Skills that pay less than market rate include Account Management, Accounts Receivable, and Payroll Administration. Most people who know Accounting also know 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. People who have worked for fewer than five years bring home $41K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $46K. Finance Administrators see a median salary of $54K after reaching one to two decades on the job. Finance Administrators with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $57K.

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Experience Affects Finance Administrator Salaries




National Average
$44,000


Skills That Affect Finance Administrator Salaries

Accounting
up arrow 4%

Financial Analysis
up arrow 3%

Microsoft Excel
0%

National Average
$44,000

Accounts Payable
up arrow 2%

Payroll Administration
up arrow 7%


Account Management
up arrow 10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 21 votes.

Gender

Female
84 %
Male
16 %

Years of Experience

Less than 1 year
2%
1-4 years
38%
5-9 years
26%
10-19 years
14%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 58%
medical benefits
Vision: 42%
dental benefits
None: 32%
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