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Finance Specialist Salary

Median pay for Finance Specialists in the United States lies in the neighborhood of $46K per year. Most workers in this position report high levels of job satisfaction. Most Finance Specialists survey respondents are women (75 percent). A large number claim medical and dental insurance and a majority get vision coverage. The numbers in this rundown were provided by PayScale's salary survey participants.
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$29,727 - $84,320
(Median)
$30K
$46K
$84K
MEDIAN: $45,545
10%
50%
90%

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$12.50 - $25.01
(Median)
$12
$16
$25
MEDIAN: $16.00
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$29K$58K$87K
Salary
$29,727 - $84,320  
   
Bonus
$0.00 - $14,739  
Profit Sharing
$2,035 - $3,909  
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).
)
$27,952 - $83,058  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 180
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$14$28$42
Hourly Rate
$12.50 - $25.01  
   
Overtime
$16.61 - $35.48  
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$28K$56K$84K
Bonus
$0.00 - $14,739  
   
Profit Sharing
$2,035 - $3,909  
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).
)
$27,952 - $83,058  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 76

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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

  • 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.
  • Enter and analyze data, and create reports for internal and external audiences.
  • Manage and coordinate audits and financial reconciliations.

Common Career Paths for Finance Specialist


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Many Finance Specialists move into a Senior Financial Analyst role, and folks who currently hold that position report a much higher median income of $74K per year.

Finance Specialist Job Listings

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Popular Skills for Finance Specialist


Finance Specialists seem to require a number of specific skills. Most notably, facility with Financial Analysis and Financial Reporting are correlated to pay that is significantly above average, leading to increases of 28 percent and 28 percent, respectively. At the other end of the pay range are skills like Microsoft Excel, Accounts Payable, and Accounts Receivable. Those familiar with Accounts Payable also tend to know Financial Analysis and Payroll Administration.

Pay by Experience Level for Finance Specialist

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


Salaries of relatively inexperienced workers fall in the neighborhood of $40K, but folks who have racked up five to 10 years see a notably higher median of $50K. Finance Specialists claiming one to two decades of experience make an estimated median of $50K. Finance Specialists who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $51K.

Related Job Salaries

United States (change)

Experience Affects Finance Specialist Salaries




National Average
$42,000


Skills That Affect Finance Specialist Salaries


Financial Reporting
up arrow 28%

National Average
$42,000

Payroll Administration
up arrow 4%



Microsoft Excel
up arrow 16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 60 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
3%
1-4 years
43%
5-9 years
27%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 81%
vision benefits Vision: 64% employee benefits None: 7%