Finance Specialist Salary

For Finance Specialists, annual average wages total $45K per year. Final cash compensation to Finance Specialists varies from around $29K to approximately $79K; choice pay grades include potential for bonuses and profit sharing as high as $15K and $8K, respectively. Residence and years of experience each impact pay for this group, with the former having the largest influence. Men are in the minority of survey respondents, with female Finance Specialists making up 74 percent. Job satisfaction is high and work is enjoyable for most Finance Specialists. A large number report receiving medical and dental coverage from their employers and a majority collect vision insurance. The information for this snapshot was generated by responses to the PayScale salary survey.
Read More
$30,282 - $82,268
(Median)
$30K
$45K
$82K
MEDIAN: $44,509
10%
50%
90%

Add this chart to your site: 640px    300px

$12.72 - $22.80
(Median)
$13
$17
$23
MEDIAN: $16.00
10%
50%
90%

Add this chart to your site: 640px    300px

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$28K$56K$84K
Salary
$30,282 - $82,268  
   
Bonus
$0.00 - $14,873  
Profit Sharing
$51.06 - $7,830  
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).
)
$28,992 - $78,998  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 200
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$14$28$42
Hourly Rate
$12.72 - $22.80  
   
Overtime
$16.52 - $34.43  
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$28K$56K$84K
Bonus
$0.00 - $14,873  
   
Profit Sharing
$51.06 - $7,830  
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).
)
$28,992 - $78,998  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 81
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


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


Finance Specialists who move on to become Senior Financial Analysts may enjoy significant pay raises, as Senior Financial Analysts get paid an average of $75K per year.

Finance Specialist Job Listings

Search for more jobs:

Popular Skills for Finance Specialist


Finance Specialists generally report applying a varied skill set to their work. Most notably, facility with Financial Reporting and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 46 percent and 26 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Accounts Payable, Accounts Receivable, and Microsoft Excel. It is often found that people who know Accounts Payable are also skilled in 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 $49K. Finance Specialists who work for 10 to 20 years in their occupation tend to earn about $48K. Finance Specialists who claim more than two decades of experience actually make somewhat smaller average paychecks of $46K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Finance Specialist Salaries




National Average
$42,000


Skills That Affect Finance Specialist Salaries

Financial Reporting
up arrow 46%


National Average
$42,000

Microsoft Excel
up arrow 3%

Payroll Administration
up arrow 3%

Accounts Receivable
up arrow 4%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 56 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
3%
1-4 years
42%
5-9 years
27%
10-19 years
21%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 81%
medical benefits
Vision: 63%
dental benefits
None: 8%
ADVERTISEMENT