Finance Associate Salary

Median pay for Finance Associates in the United States is around $60K per year. Final cash compensation to Finance Associates varies from around $35K to approximately $105K; choice pay grades include potential for bonuses and profit sharing as high as $20K and $12K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by career duration and the specific company. Men make up a slight majority of Finance Associates (56 percent) who responded to the survey. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The majority of workers are highly satisfied with their job. This overview is based on answers to PayScale's salary questionnaire.
Read More
$38,387 - $97,272
$38K
$60K
$97K
MEDIAN: $59,973
10%
50%
90%

Add this chart to your site: 640px    300px

$13.80 - $28.36
$14
$19
$28
MEDIAN: $19.47
10%
50%
90%

Add this chart to your site: 640px    300px

$0$105K
Salary $38,387 - $97,272
Bonus $980 - $19,827
Profit Sharing $0.00 - $12,365
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).
)
$35,192 - $105,249
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 347
Hourly Data $0$47
Hourly Rate $13.80 - $28.36
Overtime $6.19 - $47.74
Annual Data $0$105K
Bonus $980 - $19,827
Profit Sharing $0.00 - $12,365
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).
)
$35,192 - $105,249
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 67

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Finance Associate

Finance associates perform a variety of accounting and financial duties for their organization. They are responsible for coordinating budget preparation, program narratives, and projections. They assist managers with creation of financial proposals, as well as plan and execute analyses such as for operational and capital budgets. Finance associates create statistical reports based on costs analyses and other relevant information. As needed, they must provide effective business analysis on subjects determined by management. Finance associates also administer fixed asset accounts and capital expenditures, as well as contextualize preliminary analyses for their supervisor and assist with work flow improvements throughout their organization.

Read More...

Finance Associate Tasks

  • Collect and analyze data to assist in corporate financial decisions.
  • Ensure compliance with standard practices and protocols within the industry.
  • Identify and advise on new investment opportunities for the company.
  • Assist in determining and negotiating the financial aspects of mergers and acquisitions.

Common Career Paths for Finance Associate


Add this chart to your site:   640px 640px    300px 300px


Advancing into a Senior Financial Analyst role seems to be a popular career move for Finance Associates, and folks who currently work in the latter position report a notably larger median income of $76K per year.

Finance Associate Job Listings

Popular Employer Salaries for Finance Associate


Popular Skills for Finance Associate


Survey results suggest that Finance Associates put a wide range of professional skills to use. Most notably, facility with Financial Modeling and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 51 percent and 13 percent, respectively. Those listing Microsoft Office as a skill should be prepared for drastically lower pay. Data Entry and Accounts Receivable also typically command lower compensation. Those proficient in Financial Analysis are, more often than not, also skilled in Financial Reporting and Accounting.

Pay by Experience Level for Finance Associate

Pay by Experience for a Finance Associate has a negative trend. An entry-level Finance Associate with less than 5 years of experience can expect to earn an average total compensation of $54,000 based on 296 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $75,000 based on 89 salaries. An experienced Finance Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $51,000 based on 44 salaries. A Finance Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $43,000 based on 6 salaries.

Pay Difference by Location

National Average: $57,656

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

For those looking to make money, Finance Associates in Dallas enjoy an exceptional pay rate, 75 percent above the national average. Finance Associates will also find cushy salaries in Chicago (+29 percent), New York (+26 percent), Seattle (+25 percent), and Los Angeles (+21 percent). Location significantly influences compensation, with Columbus Finance Associates earning much less — 32 percent less — than the national average. Employers pay around 16 percent less in Washington and 5 percent less in Philadelphia, below-median salaries for those in this field.

Finance Associate Reviews

Q: What is it like working as a Finance Associate?

Finance Associate in Boston:
"Ability to Prove My Worth."
Pros: People, culture, benefits.
Cons: Repetition, confusing products.

Related Job Salaries

Key Stats for Finance Associate

Gender

Female
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 60 votes.
Less than 1 year
8%
1-4 years
62%
5-9 years
19%
10-19 years
9%
20 years or more
2%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Associate Salaries

▲30%

National Average
$58,000

▼7%

▼11%

Late-Career
▼26%

Skills That Affect Finance Associate Salaries




National Average
$58,000


▼12%

Accounts Payable
▼16%

Data Analysis
▼16%

Accounts Receivable
▼24%

Data Entry
▼36%

Microsoft Office
▼39%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 60 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
8%
1-4 years
62%
5-9 years
19%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 79%
vision benefits
Vision: 67%
no benefits
None: 10%
ADVERTISEMENT