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Finance Assistant Salary

Median pay for Finance Assistants in the United States is around $15.47 per hour. Residence and tenure each impact pay for this group, with the former having the largest influence. Health benefits are not enjoyed by everyone in this line of work, and slightly less than a fourth lack any coverage at all. Medical benefits are reported by a fair number and dental coverage is claimed by the larger part. Most workers in this position report high levels of job satisfaction. Women account for the majority of Finance Assistants who took the survey — 85 percent to be exact. This snapshot results from replies to PayScale's salary survey.
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$27,837 - $51,480
(Median)
28K
32K
38K
44K
51K
MEDIAN: $38,157
10%
25%
50%
75%
90%

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$11.66 - $21.60
(Median)
12
15
18
22
MEDIAN: $15.00
10%
50%
75%
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
$27,837 - $51,480  
   
Bonus
$0.00 - $3,957  
Profit Sharing
$933 - $5,500  
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).
)
$25,378 - $50,019  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 282
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
$11.66 - $21.60  
   
Overtime
$16.63 - $34.02  
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 - $3,957  
   
Profit Sharing
$933 - $5,500  
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).
)
$25,378 - $50,019  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 290
United States (change)

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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Additional career progression can often lead to a hefty increase in pay for Finance Assistants. Many move into a Finance Manager role where pay averages at $83K per year. Finance Assistants moving up in their careers tend to step into positions as Accountants or Staff Accountants. The median paychecks in those roles are $8K higher and $8K 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, Microsoft Office, and Accounts Payable are correlated to pay that is above average, with boosts between 3 percent and 7 percent. It is often found that people who know Accounts Payable are also skilled in Microsoft Excel 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. For Finance Assistants, 10 to 20 years of experience on the job amounts to an average salary of $38K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $37K.

Pay Difference by Location


For Finance Assistants, Chicago provides a pay rate that is 24 percent greater than the national average. Finance Assistants will also find cushy salaries in New York (+13 percent) and Washington (+12 percent).

Related Job Salaries

Experience Affects Finance Assistant Salaries




National Average
$36,000


Skills That Affect Finance Assistant Salaries


Microsoft Excel
up arrow 4%

Microsoft Office
up arrow 3%

Accounts Payable
up arrow 2%

Quickbooks
up arrow 2%

Payroll Administration
up arrow 1%

Accounts Receivable
0%

National Average
$36,000

General Ledger Accounting
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 159 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
7%
1-4 years
48%
5-9 years
20%
10-19 years
14%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 60%
vision benefits Vision: 44% employee benefits None: 23%