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Finance Assistant Salary

An average Finance Assistant in the United States can expect to take home roughly $15.77 per hour. Location is the biggest factor affecting pay for this group, followed by tenure. Job satisfaction is reported as high by the vast majority of workers. While slightly more than a fifth report receiving no health benefits, a strong majority do receive medical coverage, and a majority have dental, as well. Among survey respondents, women are more common than men; 86 percent of Finance Assistants are female. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$28,405 - $52,163
(Median)
$28K
$38K
$52K
MEDIAN: $38,493
10%
50%
90%

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$11.65 - $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
$28,405 - $52,163  
   
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).
)
$25,318 - $50,390  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 278
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
$11.65 - $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 - $3,869  
   
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).
)
$25,318 - $50,390  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 304
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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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Many Finance Assistants move into a Finance Manager role, and folks who currently hold that position report a much higher median income of $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 $7K higher and $7K higher, respectively.

Finance Assistant Job Listings

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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. Skills that seem to negatively impact pay include Accounting. Most people who know Accounts Payable also know Accounts Receivable and Microsoft Office. People who know Microsoft Excel usually also know Microsoft Office and Accounts Receivable.

Pay by Experience Level for Finance Assistant

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


Workers in their first five years can expect to earn $35K, but people who have been around for five to 10 years earn a noticeably bigger sum of $37K. The average pay reported by folks with 10 to 20 years of experience is around $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, busy Chicago offers a higher-than-average pay rate, 23 percent above the national average. Finance Assistants will also find cushy salaries in New York (+14 percent) and Washington (+11 percent). In Miami, salaries are 8 percent below the national average and represent the lowest-paying market.

Related Job Salaries

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Experience Affects Finance Assistant Salaries




National Average
$36,000


Skills That Affect Finance Assistant Salaries


Microsoft Excel
up arrow 3%

Quickbooks
up arrow 3%

Accounts Payable
up arrow 2%

Microsoft Office
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 152 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: 45% employee benefits None: 23%
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