Pay for Finance Assistants in the United States sits in the ballpark of $15.24 per hour. Residence is the biggest factor affecting pay for this group, followed by years of experience. Some workers in this field — slightly less than a third — are not awarded benefits. Medical coverage is reported by a majority and dental plans are enjoyed by over one-half. Work is enjoyable for Finance Assistants, who typically claim high levels of job satisfaction. The vast majority of Finance Assistants (83 percent) who responded to the survey are women. This snapshot results from replies to PayScale's salary survey.
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$29,431 - $57,981
$29K
$38K
$58K
MEDIAN: $38,323
10%
50%
90%

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$10.66 - $20.91
$11
$15
$21
MEDIAN: $15.00
10%
50%
90%

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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$20K$40K$60K
Salary
$29,431 - $57,981  
   
Bonus
$76.81 - $8,599  
Profit Sharing
$2,035  
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).
)
$25,077 - $50,876  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 235
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$11$22$33
Hourly Rate
$10.66 - $20.91  
   
Overtime
$15.04 - $30.80  
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$22K$44K$66K
Bonus
$76.81 - $8,599  
   
Commission
$6,000  
Profit Sharing
$2,035  
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).
)
$25,077 - $50,876  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 287

Find Out Exactly What You Should Be Paid

United States (change)

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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 who move on to become Finance Managers may enjoy significant pay raises, as Finance Managers get paid an average of $85K per year. It is quite typical for Finance Assistants to transition into roles as Accountants or Staff Accountants, where reported median earnings are $9K and $9K higher per year.

Finance Assistant Job Listings

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Popular Skills for Finance Assistant


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Data Entry, Payroll Administration, Financial Analysis, and Microsoft Office are correlated to pay that is above average. Skills that pay less than market rate include Accounting. Most people experienced in 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.


Although individuals who have less than five years' experience earn $34K on average, people with five to 10 years benefit from a notably larger average of $36K. People with 10 to 20 years of experience make an average of about $38K in this role. Finance Assistants who claim more than two decades of experience actually make somewhat smaller average paychecks of $37K.

Pay Difference by Location

National Average: $35,170

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

Surpassing the national average by 35 percent, Finance Assistants in Washington receive some of the highest pay in the country. Finance Assistants can also look forward to large paychecks in cities like New York (+25 percent), Houston (+21 percent), Sacramento (+17 percent), and Los Angeles (+17 percent). Those in the field find the lowest salaries in Atlanta, 18 percent below the national average. Workers in Miami and San Diego earn salaries that trail the national average for those in this profession (8 percent less and 1 percent less, respectively).

Related Job Salaries

Key Stats for Finance Assistant

Gender

Female
83 %
Male
17 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 69 votes.
Less than 1 year
9%
1-4 years
49%
5-9 years
17%
10-19 years
14%
20 years or more
11%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Assistant Salaries




National Average
$35,000


Skills That Affect Finance Assistant Salaries

Data Entry
up arrow 7%






Microsoft Excel
0%

Quickbooks
0%

General Ledger Accounting
0%

National Average
$35,000

Financial Reporting
up arrow 2%

Accounting
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 69 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

Less than 1 year
9%
1-4 years
49%
5-9 years
17%
10-19 years
14%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 53%
vision benefits
Vision: 41%
dental benefits
None: 29%
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