Finance Assistant Salary

Earnings for Finance Assistants in the United States come in at around $15.21 per hour on average. Residence is the biggest factor affecting pay for this group, followed by experience level. Most Finance Assistants report high levels of job satisfaction. Female Finance Assistants far outnumber their male contemporaries among survey respondents. Just under one in three of professionals in this line of work do not receive benefits; however, more than half report medical coverage and a little over a half claim dental coverage as well. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$29,745 - $59,281
$30K
$39K
$59K
MEDIAN: $39,130
10%
50%
90%

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$10.88 - $21.14
$11
$15
$21
MEDIAN: $15.21
10%
50%
90%

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$0$59K
Salary $29,745 - $59,281
Bonus $201.34 - $8,267
Profit Sharing $2,650
Commission $6,000
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).
)
$25,603 - $51,202
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 230
Hourly Data $0$31
Hourly Rate $10.88 - $21.14
Overtime $15.06 - $31.59
Annual Data $0$51K
Bonus $201.34 - $8,267
Commission $6,000
Profit Sharing $2,650
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).
)
$25,603 - $51,202
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 282

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Finance Assistant

Finance assistants are tasked with collecting and classifying financial information from all departments of a company to prepare periodic reports for each. They may also oversee standard security procedures for handling the firm's sensitive financial information and maintain data privacy in financial and information technology (IT) equipment information.

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Finance Assistant Tasks

  • Record daily entries and reconcile account balances.
  • Record and perform payroll bookkeeping, cost classification, billing, and/or reporting.
  • Detect and fix errors with tracking, auditing, data entry, and calculations.
  • Calculate and analyze financial data to meet short and long-term requests.

Common Career Paths for Finance Assistant


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Finance Assistants might see a strong upturn in salary after transitioning into upper-level roles such as Finance Manager, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $85K per year. The most common next step for a Finance Assistant is to become an Accountant or a Staff Accountant. The former position pays an additional $9K per year on average, and the latter position pays $8K more per year.

Finance Assistant Job Listings

Popular Skills for Finance Assistant


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Data Entry, Payroll Administration, Financial Analysis, and Microsoft Office are correlated to pay that is above average. Skills that seem to negatively impact pay include Accounting and Financial Reporting. The majority of those who know Microsoft Excel also know Microsoft Office and Accounts Receivable. Those familiar with Accounts Payable also tend to know Accounts Receivable and Microsoft Office.

Pay by Experience Level for Finance Assistant

Pay by Experience for a Finance Assistant has a positive trend. An entry-level Finance Assistant with less than 5 years of experience can expect to earn an average total compensation of $34,000 based on 349 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Assistant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 119 salaries. An experienced Finance Assistant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 95 salaries. A Finance Assistant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $37,000 based on 56 salaries.

Pay Difference by Location

National Average: $35,686

Larger city markers indicate a job is popular in that location.

For those looking to make money, Finance Assistants in Washington enjoy an exceptional pay rate, 26 percent above the national average. Finance Assistants can also look forward to large paychecks in cities like New York (+23 percent), Houston (+19 percent), Sacramento (+16 percent), and Los Angeles (+15 percent). The smallest paychecks in the market, 13 percent south of the national average, can be found in Atlanta. Below-median salaries also turn up in San Diego and Seattle (2 percent lower).

Finance Assistant Reviews

Q: What is it like working as a Finance Assistant?

Finance Assistant in San Diego:
Pros: GREAT BENEFITS, ENTRY LEVEL POSITIONS, RELIABLE PAY.
Cons: CULT DOCTRINE, DISREGARD FOR WELL BEING, LEADERSHIP POSITIONS ARE GIVEN NOT EARNED, MALPRACTICE IS PREVALENT YET DISREGARDED BECAUSE REPUTATION OUTWEIGHS MORAL DIRECTION.

Finance Assistant in Minneapolis:
"Financial Assistant."
Pros: Work flexibility. Boss. Challenge.
Cons: Paperwork.

Related Job Salaries

Key Stats for Finance Assistant

Gender

Female
83 %
Male
17 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 80 votes.
Less than 1 year
10%
1-4 years
52%
5-9 years
17%
10-19 years
14%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Assistant Salaries

▲5%

▲4%

▲3%

National Average
$36,000

▼4%

Skills That Affect Finance Assistant Salaries

Data Entry
▲5%




National Average
$36,000


Accounts Payable
▼1%

Accounts Receivable
▼1%

Quickbooks
▼1%

General Ledger Accounting
▼2%

Financial Reporting
▼3%

Accounting
▼5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 80 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

Less than 1 year
10%
1-4 years
52%
5-9 years
17%
10-19 years
14%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 53%
vision benefits
Vision: 43%
no benefits
None: 28%
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