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Finance Assistant Salary

Finance Assistants in the United States take home approximately $15.72 per hour on average. Geography is the biggest factor affecting pay for this group, followed by tenure. The vast majority of Finance Assistants (86 percent) who responded to the survey are women. While some workers in this profession — just under a fourth — do not have any health coverage, a strong majority do receive medical benefits and more than half have dental insurance. Most Finance Assistants like their work and job satisfaction is high. The information for this snapshot was generated by responses to the PayScale salary survey.
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$28,327 - $52,243
(Median)
$28K
$39K
$52K
MEDIAN: $38,511
10%
50%
90%

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$11.69 - $21.62
(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
$28,327 - $52,243  
   
Bonus
$0.00 - $3,940  
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).
)
$25,349 - $50,520  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 275
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
$11.69 - $21.62  
   
Overtime
$16.68 - $33.80  
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 - $3,940  
   
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).
)
$25,349 - $50,520  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 304

Find Out Exactly What You Should Be Paid

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

Jobs by Simply Hired
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Popular Skills for Finance Assistant


Survey results suggest that Finance Assistants put a wide range of professional skills to use. Most notably, skills in Financial Analysis, Microsoft Excel, Quickbooks, and Accounts Payable are correlated to pay that is above average. Those familiar with Microsoft Excel tend to be well versed in Microsoft Office and Accounts Receivable. It is often found that people who know Accounts Payable are also skilled in 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.


Survey participants with less than five years' experience pocket $35K on average, but those with five to 10 years of experience enjoy a much bigger median of $37K. Finance Assistants see a median salary of $39K after reaching one to two decades on the job. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $37K on average.

Pay Difference by Location


Chicago offers some of the highest pay in the country for Finance Assistants, 23 percent above the national average. Finance Assistants will also find cushy salaries in New York (+14 percent) and Houston (+11 percent). Miami is home to the smallest salaries in the field, lagging the national average by 8 percent.

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United States (change)

Experience Affects Finance Assistant Salaries




National Average
$36,000


Skills That Affect Finance Assistant Salaries


Microsoft Excel
up arrow 3%

Accounts Payable
up arrow 2%

Microsoft Office
up arrow 2%

Quickbooks
up arrow 2%

Accounts Receivable
0%

Payroll Administration
0%

National Average
$36,000

General Ledger Accounting
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 154 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: 75% dental benefits Dental: 61%
vision benefits Vision: 44% employee benefits None: 23%
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