Finance Assistant Salary

Average Finance Assistants in the United States make around $15.24 per hour. Geographic location and career duration each impact pay for this group, with the former having the largest influence. Finance Assistants who responded to the questionnaire are largely women, dominating at 82 percent. Health benefits are not claimed by all — slightly less than a third lack any form of coverage — but the larger part have medical insurance, and slightly more than half have dental, too. Most Finance Assistants like their work and job satisfaction is high. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$29,689 - $57,311
$30K
$39K
$57K
MEDIAN: $38,660
10%
50%
90%

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$10.79 - $20.85
$11
$15
$21
MEDIAN: $15.24
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
$29,689 - $57,311  
   
Bonus
$77.57 - $8,507  
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).
)
$25,400 - $50,916  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 235
© PayScale, Inc. @ www.payscale.com
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
$10.79 - $20.85  
   
Overtime
$14.99 - $30.60  
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
$77.57 - $8,507  
   
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).
)
$25,400 - $50,916  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 283
© PayScale, Inc. @ www.payscale.com

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. Typical career progression for a Finance Assistant involves becoming an Accountant or a Staff Accountant, roles that pay $9K more and $9K more on average.

Finance Assistant Job Listings

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Popular Skills for Finance Assistant


Finance Assistants report using a deep pool of skills on the job. Most notably, skills in Data Entry, Payroll Administration, Financial Analysis, and Microsoft Office 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 Accounts Payable are, more often than not, also skilled in Accounts Receivable and Microsoft Office. Most people familiar with Microsoft Excel 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.


Survey participants with less than five years' experience pocket $34K on average, but those with five to 10 years of experience enjoy a much bigger median of $37K. Finance Assistants claiming one to two decades of experience make an estimated median of $37K. Finance Assistants with more than 20 years of experience report incomes that are no higher than those with 10 to 20 years on the job.

Pay Difference by Location

National Average: $35,376

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

For those looking to make money, Finance Assistants in Washington enjoy an exceptional pay rate, 27 percent above the national average. Finance Assistants will also find cushy salaries in New York (+24 percent), Houston (+20 percent), Sacramento (+17 percent), and Los Angeles (+16 percent). Trailing the national average by 12 percent, Atlanta is the market with the smallest paychecks. A couple other locations with smaller-than-average paychecks include San Diego and Seattle (1 percent lower).

Related Job Salaries

Key Stats for Finance Assistant

Gender

Female
82 %
Male
18 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 69 votes.
Less than 1 year
10%
1-4 years
49%
5-9 years
17%
10-19 years
13%
20 years or more
11%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Assistant Salaries

▲6%

▲5%

▲4%

National Average
$35,000

▼3%

Skills That Affect Finance Assistant Salaries

Data Entry
▲6%




Accounts Payable
▼0%

Accounts Receivable
▼0%

Quickbooks
▼0%

National Average
$35,000


General Ledger Accounting
▼1%

Financial Reporting
▼2%

Accounting
▼4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 69 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
10%
1-4 years
49%
5-9 years
17%
10-19 years
13%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 52%
vision benefits
Vision: 42%
dental benefits
None: 28%
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