Finance Assistant Salary

Average Finance Assistants in the United States make around $15.78 per hour. Geographic location is the biggest factor affecting pay for this group, followed by career duration. Female Finance Assistants far outnumber their male contemporaries among survey respondents. While some workers in this profession — nearly one-fourth — do not have any health coverage, a strong majority do receive medical benefits and the larger part have dental insurance. The majority of Finance Assistants claim high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
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$29,094 - $52,807

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$11.60 - $21.70

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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$18K$36K$54K
Salary
$29,094 - $52,807  
   
Bonus
$0.00 - $3,889  
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).
)
$25,298 - $50,625  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 284
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$12$24$36
Hourly Rate
$11.60 - $21.70  
   
Overtime
$16.94 - $33.77  
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$24K$48K$72K
Bonus
$0.00 - $3,889  
   
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).
)
$25,298 - $50,625  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 311
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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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Advancing into a Finance Manager role seems to be a popular career move for Finance Assistants, and folks who currently work in the latter position report a notably larger median income of $83K per year. Finance Assistants most often move into positions as Accountants or Staff Accountants; those groups report median salaries that are $8K higher and $7K higher, respectively.

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Popular Skills for Finance Assistant


Survey results show that Finance Assistants use a fair number of skills. Most notably, skills in Financial Analysis, Quickbooks, Microsoft Office, and Microsoft Excel are correlated to pay that is above average. Skills that pay less than market rate include Accounting. The majority of those who know Microsoft Excel also know Microsoft Office and Accounts Receivable. Those educated in Accounts Payable tend to be well versed in 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.


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. Finance Assistants with one to two decades of relevant experience report an average salary of approximately $38K. Finance Assistants who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $37K.

Pay Difference by Location


Chicago offers some of the highest pay in the country for Finance Assistants, 23 percent above the national average. Finance Assistants can also look forward to large paychecks in cities like Los Angeles (+17 percent), Washington (+14 percent), New York (+14 percent), and Houston (+11 percent). Miami is the lowest-paying area, 8 percent south of the national average.

Related Job Salaries

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Experience Affects Finance Assistant Salaries




National Average
$36,000


Skills That Affect Finance Assistant Salaries

Financial Analysis
up arrow 3%

Microsoft Excel
up arrow 2%

Accounts Payable
up arrow 2%

Accounts Receivable
up arrow 2%

Microsoft Office
up arrow 2%

Quickbooks
up arrow 2%

Payroll Administration
0%

National Average
$36,000

General Ledger Accounting
up arrow 2%

Accounting
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 147 votes.

Gender

Female
84 %
Male
16 %

Years of Experience

Less than 1 year
7%
1-4 years
45%
5-9 years
22%
10-19 years
13%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 74% dental benefits Dental: 60%
vision benefits Vision: 44% employee benefits None: 24%
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