The average Finance Assistant in the United States earns approximately $15.23 per hour. Geographic location and experience level each impact pay for this group, with the former having the largest influence. Women account for the majority of Finance Assistants who took the survey — 85 percent to be exact. Job satisfaction is high and work is enjoyable for most Finance Assistants. Health benefits are not claimed by all — just under a third lack any form of coverage — but more than half have medical insurance, and slightly more than half have dental, too. The data in this summary comes from the PayScale salary survey.
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$29,400 - $55,139
(Median)
$29K
$38K
$55K
MEDIAN: $38,483
10%
50%
90%

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$10.66 - $20.76
(Median)
$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$19K$38K$57K
Salary
$29,400 - $55,139  
   
Bonus
$76.40 - $8,515  
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).
)
$24,981 - $50,036  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 228
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 - $20.76  
   
Overtime
$15.09 - $30.37  
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
$76.40 - $8,515  
   
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).
)
$24,981 - $50,036  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 276
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 often transition into Finance Manager positions, for which compensation tends to be much higher. On average, Finance Managers earn $85K 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 $9K higher and $9K higher, respectively.

Finance Assistant Job Listings

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Popular Skills for Finance Assistant


Survey results imply that Finance Assistants deploy a deep pool of skills on the job. Most notably, skills in Data Entry, General Ledger Accounting, Accounts Receivable, and Payroll Administration are correlated to pay that is above average, with boosts between 4 percent and 6 percent. At the other end of the pay range are skills like Accounting. Those proficient in Microsoft Excel are, more often than not, also skilled in Microsoft Office and Accounts Receivable. Most people who know 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.


Experience and pay tend to be weakly linked for Finance Assistants — those with more experience do not necessarily bring in higher earnings. Those in the early stages of their career can expect to make around $33K; however, individuals with five to 10 years of experience bring in $36K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $38K in this role. People who have worked for more than 20 years report a median income of $39K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $35,281

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

New York offers some of the highest pay in the country for Finance Assistants, 26 percent above the national average. Finance Assistants will also find cushy salaries in Washington (+23 percent), Houston (+20 percent), Sacramento (+17 percent), and Los Angeles (+16 percent). Atlanta ranks last in the field for pay, reporting salaries 20 percent below the national average. Below-median salaries also turn up in Seattle and Miami (5 percent lower and 2 percent lower, respectively).

Related Job Salaries

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Experience Affects Finance Assistant Salaries




National Average
$35,000


Skills That Affect Finance Assistant Salaries

Data Entry
up arrow 6%

General Ledger Accounting
up arrow 5%

Accounts Receivable
up arrow 4%

Microsoft Office
up arrow 3%

Payroll Administration
up arrow 3%

Accounts Payable
up arrow 2%

Quickbooks
up arrow 2%

Financial Analysis
up arrow 1%

Microsoft Excel
0%

National Average
$35,000

Financial Reporting
up arrow 2%

Accounting
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 76 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
10%
1-4 years
46%
5-9 years
18%
10-19 years
15%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 54%
medical benefits
Vision: 42%
dental benefits
None: 28%
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