Financial Administrator Salary

Financial Administrators in the United States take home approximately $47K annually on average. Geography is the biggest factor affecting pay for this group, followed by experience level. The majority of workers are highly satisfied with their job. Health benefits are not claimed by all — approximately one-third lack any form of coverage — but the larger part have medical insurance, and about one-half have dental, too. The vast majority of Financial Administrators (85 percent) who responded to the survey are women. Participants in PayScale's salary questionnaire provided the particulars of this report.

$34,538 - $76,820
$35K
$47K
$77K
MEDIAN: $46,727
10%
50%
90%

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$13.73 - $24.90
$14
$19
$25
MEDIAN: $18.50
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$26K$52K$78K
Salary
$34,538 - $76,820  
   
Bonus
$0.00 - $7,748  
Profit Sharing
$1,200  
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).
)
$31,027 - $67,688  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 168
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
$13.73 - $24.90  
   
Overtime
$19.61 - $38.25  
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
$0.00 - $7,748  
   
Profit Sharing
$1,200  
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).
)
$31,027 - $67,688  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 113

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Financial Administrator

Financial administrators are in charge of managing financial-related tasks for their company. They perform budget and payroll transactions, maintain separate account such as discretionary and grant funding, and maintain accurate financial records for tax-related purposes. They must follow company policies to process payments, approve money transfers, keep financial statements, review reimbursements, and approve purchase order requisitions. Additionally, they prepare financial reports, and collaborate with other departments as needed.

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Financial Administrator Tasks

  • Review and verify accuracy of financial and contract paperwork and processes.
  • Create budget templates and serve as point of contact for questions and exceptions.
  • Maintain accounts and follow up to verify and close invoices and collect fees.
  • Document project status, obstacles, reporting and reviews.

Financial Administrator Job Listings

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Popular Skills for Financial Administrator


Financial Administrators seem to require a number of specific skills. Most notably, skills in Financial Analysis, General Ledger Accounting, Financial Reporting, and Accounting are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Human Resources, Accounts Receivable, and Payroll Administration. Most people experienced in Accounting also know Bookkeeping and Payroll Administration.

Pay by Experience Level for Financial Administrator

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


For Financial Administrators, experience does not seem to be a major factor in determining pay. Those in the early stages of their career can expect to make around $41K; however, individuals with five to 10 years of experience bring in $46K on average — a distinctly larger sum. People with 10 to 20 years of experience make an average of about $47K in this role. Financial Administrators who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $49K.

Pay Difference by Location

National Average: $44,098

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

For Financial Administrators, busy Washington offers a higher-than-average pay rate, 43 percent above the national average. Financial Administrators can also look forward to large paychecks in cities like Chicago (+23 percent), Houston (+22 percent), Oklahoma City (+16 percent), and Atlanta (+13 percent). The smallest paychecks in the market, 10 percent south of the national average, can be found in Pittsburgh.

Financial Administrator Reviews

Q: What is it like working as a Financial Administrator?

Financial Administrator in Dallas:
"Work flexibility, low stress level, good perks, low hours."
Pros: Work flexibility, low stress level, good perks, low hours, great management.
Cons: Cannot work from home.

Related Job Salaries

Key Stats for Financial Administrator

Gender

Female
85 %
Male
15 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.
Less than 1 year
4%
1-4 years
35%
5-9 years
21%
10-19 years
27%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Administrator Salaries

▲12%

▲7%

▲3%

National Average
$44,000

▼7%

Skills That Affect Financial Administrator Salaries

Financial Analysis
▲18%

General Ledger Accounting
▲7%


Accounting
▼0%

National Average
$44,000


▼3%



Human Resources
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
4%
1-4 years
35%
5-9 years
21%
10-19 years
27%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 48%
vision benefits
Vision: 42%
dental benefits
None: 32%
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