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Finance Administrator Salary

Average Finance Administrators in the United States make around $43K per year. Women make up the vast majority of Finance Administrators (80 percent) who answered the questionnaire. About a fourth of professionals in this line of work do not receive benefits; however, a fair number report medical coverage and more than half claim dental coverage as well. The majority of Finance Administrators claim high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$31,788 - $71,058
(Median)
$32K
$43K
$71K
MEDIAN: $42,912
10%
50%
90%

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$12.94 - $24.33
(Median)
$13
$17
$24
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
$31,788 - $71,058  
   
Bonus
$0.00 - $5,040  
Profit Sharing
$1,318 - $4,913  
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).
)
$30,273 - $68,600  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 137
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
$12.94 - $24.33  
   
Overtime
$18.38 - $35.73  
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 - $5,040  
   
Profit Sharing
$1,318 - $4,913  
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).
)
$30,273 - $68,600  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 69
United States (change)

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


Finance Administrators report using a pretty varied skill set on the job. Most notably, skills in Microsoft Excel, Financial Analysis, Accounting, and Accounts Payable are correlated to pay that is above average, with boosts between 6 percent and 9 percent. At the other end of the pay range are skills like Payroll Administration and Accounts Receivable. Most people familiar with 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.


Finance Administrators do not generally earn higher incomes from more experience in the field. Salaries for inexperienced workers average out to $41K, and those with five to 10 years' experience earn a higher median of $40K. Finance Administrators claiming one to two decades of experience make an estimated median of $42K. Finance Administrators who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $56K.

Related Job Salaries

Experience Affects Finance Administrator Salaries

Late-Career
up arrow 37%

Experienced
up arrow 1%

National Average
$41,000



Skills That Affect Finance Administrator Salaries

Microsoft Excel
up arrow 9%

Financial Analysis
up arrow 8%


National Average
$41,000

Accounts Payable
up arrow 2%

Accounts Receivable
up arrow 5%

Payroll Administration
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 50 votes.

Gender

Female
80 %
Male
20 %

Years of Experience

Less than 1 year
6%
1-4 years
35%
5-9 years
22%
10-19 years
19%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 73% dental benefits Dental: 59%
vision benefits Vision: 45% employee benefits None: 25%