Finance Specialist Salary

Pay for Finance Specialists in the United States sits in the ballpark of $47K annually. Geography is the biggest factor affecting pay for this group, followed by tenure. A strong majority receive medical and dental insurance and the greater part get vision insurance. Work is enjoyable for Finance Specialists, who typically claim high levels of job satisfaction. Men are in the minority of survey respondents, with female Finance Specialists making up 72 percent. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$32,719 - $79,978
$33K
$47K
$80K
MEDIAN: $47,245
10%
50%
90%

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$15.05 - $23.69
$15
$18
$24
MEDIAN: $18.47
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$27K$54K$81K
Salary
$32,719 - $79,978  
   
Bonus
$96.35 - $12,438  
Profit Sharing
$3,000  
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).
)
$32,708 - $73,962  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 149
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$13$26$39
Hourly Rate
$15.05 - $23.69  
   
Overtime
$16.21 - $36.09  
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$26K$52K$78K
Bonus
$96.35 - $12,438  
   
Profit Sharing
$3,000  
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).
)
$32,708 - $73,962  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 63

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United States (change)

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Job Description for Finance Specialist

Financial specialist provide a variety of financial support services with their companies, directing operations related to financial accounting, cash management, accounts receivable, and accounts payable. They must provide timely payment when money is owed and demand timely payment from customers. Financial specialists must provide support for administrative activities within the financial team as well. Financial specialists serve as liaison between the customer and company, helping resolve any issues with payments or accounts. These professionals typically work full time in an office setting.

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Finance Specialist Tasks

  • Enter and analyze data, and create reports for internal and external audiences.
  • Manage and coordinate audits and financial reconciliations.
  • Process daily payments and follow up with customer billing inquiries.
  • Review and analyze cost reports, contracts, or other financial data to advise clients and internal teams.

Common Career Paths for Finance Specialist


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Finance Specialists' salaries may rise greatly for those who assume a higher-end position such as a Finance Manager. The average Finance Manager brings home $85K per year.

Finance Specialist Job Listings

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Popular Skills for Finance Specialist


Survey results suggest that Finance Specialists put a wide range of professional skills to use. Most notably, facility with Financial Reporting, Budget Management, and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 35 percent, 13 percent, and 5 percent, respectively. At the other end of the pay range are skills like Accounts Payable and Accounts Receivable. Those educated in Accounts Payable tend to be well versed in Financial Analysis and Payroll Administration.

Pay by Experience Level for Finance Specialist

Pay by Experience for a Finance Specialist has a positive trend. An entry-level Finance Specialist with less than 5 years of experience can expect to earn an average total compensation of $42,000 based on 104 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $49,000 based on 57 salaries. An experienced Finance Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $47,000 based on 52 salaries. A Finance Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $52,000 based on 23 salaries.

Related Job Salaries

Key Stats for Finance Specialist

Gender

Female
72 %
Male
28 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.
Less than 1 year
5%
1-4 years
40%
5-9 years
20%
10-19 years
22%
20 years or more
13%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Specialist Salaries

▲17%

▲9%

▲6%

National Average
$45,000

▼5%

Skills That Affect Finance Specialist Salaries

Financial Reporting
▲35%

Budget Management
▲13%


General Ledger Accounting
▲5%


National Average
$45,000




Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
5%
1-4 years
40%
5-9 years
20%
10-19 years
22%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 81%
vision benefits
Vision: 66%
no benefits
None: 13%
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