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Finance Specialist Salary

Average Finance Specialists in the United States make around $46K annually. Work is enjoyable for Finance Specialists, who typically claim high levels of job satisfaction. Most report receiving medical and dental coverage from their employers and the larger part collect vision insurance. Men are in the minority of survey respondents, with female Finance Specialists making up 74 percent. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$29,848 - $84,786
(Median)
$30K
$46K
$85K
MEDIAN: $45,924
10%
50%
90%

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$12.59 - $24.88
(Median)
$13
$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
$29,848 - $84,786  
   
Bonus
$0.00 - $14,681  
Profit Sharing
$2,250 - $3,979  
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).
)
$28,091 - $84,239  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 187
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$15$30$45
Hourly Rate
$12.59 - $24.88  
   
Overtime
$16.73 - $35.35  
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$30K$60K$90K
Bonus
$0.00 - $14,681  
   
Profit Sharing
$2,250 - $3,979  
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).
)
$28,091 - $84,239  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 79

Find Out Exactly What You Should Be Paid

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

  • 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 report using a pretty varied skill set on the job. Most notably, facility with Financial Analysis and Financial Reporting are correlated to pay that is significantly above average, leading to increases of 31 percent and 27 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel, Accounts Payable, and Accounts Receivable. Most people skilled in Accounts Payable are similarly competent 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.


Those in the early stages of their career can expect to make around $39K; however, individuals with five to 10 years of experience bring in $50K on average — a distinctly larger sum. For Finance Specialists, 10 to 20 years of experience on the job amounts to an average salary of $50K. Finance Specialists who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 10 to 20 years.

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 27%

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
74 %
Male
26 %

Years of Experience

Less than 1 year
3%
1-4 years
43%
5-9 years
27%
10-19 years
20%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 79%
vision benefits Vision: 63% employee benefits None: 8%
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