Financial Assistant Salary
The average wage for a Financial Assistant is $15.42 per hour. For the first five to ten years in this position, wages increase sharply, but any additional experience does not have a big effect on pay. A skill in Accounts Payable is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this career.
|Salary||$29,603 - $53,336|
|Bonus||$200.67 - $6,219|
|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).)
|$26,622 - $52,704|
|Hourly Rate||$11.78 - $22.86|
|Overtime||$17.45 - $39.65|
|Bonus||$200.67 - $6,219|
|Total Pay (||$26,622 - $52,704|
Job Description for Financial Assistant
A financial assistant work in a number of fields, including accounting, banking, auditing, and investment. Regardless of the specific field, a financial assistant must have a solid background in accounting, bookkeeping and taxation; they typically assist clients with project forecasts, budgets, cost analysis, and inventory calculations.Read More...
Financial assistants most often work in a traditional office setting during regular business hours. They are often busy, meeting with several clients a day. In these meetings they discuss topics such as budgets, forecasts, cost-benefit analyses, trend analysis, and forecasts; they may also produce financial statements. They give advice to their clients about projects, including whether it may be profitable and what the variable/fixed costs will be. They might also help to lead clients away from or prevent bankruptcy, downsizing, or closure.
A bachelor's degree in finance or accounting is typical, and the financial assistant might also possess other qualifications (such as a Certified Public Accountant, or CPA, license). The work they do is mainly mental and requires excellent attention to detail. They must be familiar with computers and fluent with programs such as Microsoft Excel, Access, and Intuit Quickbooks.
Financial Assistant Tasks
- Use accounting software to document accounts receivable and accounts payable.
- Complete periodic reports and identify ongoing problems.
- Research, collect, and enter financial data to reconcile and update accounts.
- Oversee payroll, timesheets, and insurance payments.
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