Finance Administrator Salary

Median pay for Finance Administrators in the United States lies in the neighborhood of $43K annually. The majority of Finance Administrators claim high levels of job satisfaction. Although approximately one in four lack health benefits of any kind, a strong majority do enjoy medical insurance, and the larger part get dental coverage, too. Finance Administrators who responded to the questionnaire are largely women, dominating at 80 percent. This report is based on responses to the PayScale salary survey.
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$32,127 - $72,086

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$13.20 - $25.18

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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$25K$50K$75K
Salary
$32,127 - $72,086  
   
Bonus
$0.00 - $5,034  
Profit Sharing
$305.21 - $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).
)
$30,319 - $69,890  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 151
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$13$26$39
Hourly Rate
$13.20 - $25.18  
   
Overtime
$20.74 - $36.31  
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$26K$52K$78K
Bonus
$0.00 - $5,034  
   
Profit Sharing
$305.21 - $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).
)
$30,319 - $69,890  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 85
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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


Finance Administrators report using a pretty varied skill set on the job. Most notably, skills in Financial Analysis, Microsoft Excel, Accounting, and Account Management are correlated to pay that is above average, with boosts in pay of 8 percent. Skills that are correlated to lower pay, on the other hand, include Payroll Administration, Accounts Receivable, and Accounts Payable. 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 Finance Administrators, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. People who have worked for fewer than five years bring home $40K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $41K. Finance Administrators bring in $42K after working for 10 to 20 years. After two decades in the workforce, the average Finance Administrator generally earns more than ever; median pay for this group is estimated at $59K.

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Experience Affects Finance Administrator Salaries


Experienced
up arrow 1%

National Average
$41,000



Skills That Affect Finance Administrator Salaries




National Average
$41,000

Account Management
up arrow 3%


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
35%
5-9 years
25%
10-19 years
18%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 72% dental benefits Dental: 59%
vision benefits Vision: 46% employee benefits None: 26%
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