Finance Assistant Salary

Pay for Finance Assistants in the United States sits in the ballpark of $15.77 per hour. Location is the biggest factor affecting pay for this group, followed by career length. Finance Assistants who responded to the questionnaire are largely women, dominating at 86 percent. Most Finance Assistants like their work and job satisfaction is high. Although slightly more than a fifth lack health benefits of any kind, a strong majority do enjoy medical insurance, and the larger part get dental coverage, too. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$28,966 - $52,089
(Median)
$29K
$39K
$52K
MEDIAN: $38,510
10%
50%
90%

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$11.59 - $21.72
(Median)
$12
$16
$22
MEDIAN: $15.00
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$18K$36K$54K
Salary
$28,966 - $52,089  
   
Bonus
$0.00 - $3,869  
Profit Sharing
$974 - $5,896  
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).
)
$25,268 - $50,386  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 281
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
$11.59 - $21.72  
   
Overtime
$16.73 - $33.74  
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 - $3,869  
   
Profit Sharing
$974 - $5,896  
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).
)
$25,268 - $50,386  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 308
United States (change)

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United States (change)


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Job Description for Finance Assistant

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

Common Career Paths for Finance Assistant


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Finance Assistants who move on to become Finance Managers may enjoy significant pay raises, as Finance Managers get paid an average of $83K per year. Career advancement for the typical Finance Assistant often leads to becoming an Accountant or a Staff Accountant; median salaries in these positions are $8K higher and $7K higher, respectively.

Finance Assistant Job Listings

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Popular Skills for Finance Assistant


Survey results imply that Finance Assistants put a diverse skill set to use. Most notably, skills in Financial Analysis, Microsoft Excel, Accounts Payable, and Microsoft Office are correlated to pay that is above average. At the other end of the pay range are skills like Accounting. Most people who know Microsoft Excel also know Microsoft Office and Accounts Receivable. Most people familiar with Accounts Payable also know Accounts Receivable and Microsoft Office.

Pay by Experience Level for Finance Assistant

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


Those in the early stages of their career can expect to make around $35K; however, individuals with five to 10 years of experience bring in $37K on average — a distinctly larger sum. Finance Assistants see a median salary of $38K after reaching one to two decades on the job. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $37K.

Pay Difference by Location


For Finance Assistants, busy Chicago offers a higher-than-average pay rate, 23 percent above the national average. Finance Assistants will also find cushy salaries in Washington (+14 percent) and New York (+14 percent). Those in the field find the lowest salaries in Miami, 8 percent below the national average.

Related Job Salaries

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Experience Affects Finance Assistant Salaries




National Average
$36,000


Skills That Affect Finance Assistant Salaries

Financial Analysis
up arrow 4%

Microsoft Excel
up arrow 2%

Accounts Payable
up arrow 2%

Microsoft Office
up arrow 2%

Quickbooks
up arrow 2%

Accounts Receivable
up arrow 1%

Payroll Administration
0%

National Average
$36,000

General Ledger Accounting
up arrow 2%

Accounting
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 148 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
7%
1-4 years
46%
5-9 years
21%
10-19 years
13%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 61%
vision benefits Vision: 44% employee benefits None: 23%
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