£19,237
Avg. Salary
£9.45
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

£1,038

Profit Sharing

£1,050

The average pay for a Finance Assistant is £9.45 per hour.

The average pay for a Finance Assistant is £19,237 per year.

$7
10%
$9
50%
$12
90%
MEDIAN $9
$15k
10%
$19k
50%
$25k
90%
MEDIAN $19,237
£14,830 - £25,407
£15K
£19K
£25K
MEDIAN: £19,237
10%
50%
90%
£6.78 - £12.46
£6
£9
£12
MEDIAN: £9.45
10%
50%
90%
£0£25K
Salary £14,830 - £25,407
Bonus £288 - £2,959
Profit Sharing £1,050
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).
)
£14,828 - £25,852
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 13 Oct 2018
  • Individuals Reporting: 1,148
Hourly Data £0£15
Hourly Rate £6.78 - £12.46
Hourly Tips £2.22
Overtime £0.49 - £15.63
Annual Data £0£25K
Bonus £288 - £2,959
Profit Sharing £1,050
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).
)
£14,828 - £25,852
  • Country: United States
  • Currency: GBP
  • Updated: 13 Oct 2018
  • Individuals Reporting: 138

Job Description for Finance Assistant

Finance assistants are tasked with collecting and classifying financial information from all departments of a company to prepare periodic reports for each. They may also oversee standard security procedures for handling the firm's sensitive financial information and maintain data privacy in financial and information technology (IT) equipment information.

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Finance Assistant Tasks

  • Record daily entries and reconcile account balances.
  • Record and perform payroll bookkeeping, cost classification, billing, and/or reporting.
  • Detect and fix errors with tracking, auditing, data entry, and calculations.
  • Calculate and analyze financial data to meet short and long-term requests.

Common Career Paths for Finance Assistant


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Finance Assistant Job Listings

Popular Skills for Finance Assistant

Pay by Experience Level for Finance Assistant

Pay by Experience for a Finance Assistant has a neutral trend. An entry-level Finance Assistant with less than 5 years of experience can expect to earn an average total compensation of ₤19,000 based on 475 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Assistant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤21,000 based on 145 salaries. An experienced Finance Assistant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤20,000 based on 73 salaries. A Finance Assistant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤19,000 based on 25 salaries.

Pay Difference by Location

19%

-3%

-8%

-9%

-10%

-10%

National Average: £19,343

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

Finance Assistant Advice

Q: What is it like working as a Finance Assistant?

Finance Assistant in HullKingston upon Hull:
"Experience."
Gain as much experience as you possibly can about your employer's business. In my case, Finance Manager suddenly became indisposed and I had to step up. It was difficult as I didn't know as much as I needed to about the company's finances. It took a lot of hard work to take over the role.

Finance Assistant in London:
Pros: More pay then other places.
Cons: Expensive travelling.

Finance Assistant in London:
"Good."
Pros: London is a great place to work in order receive appropriate Exprieince.
Cons: London is very expensive city therefore regardless of the salary it is too expensive.

Finance Assistant in Nottingham:
Pros: I like that I get to work with numbers.
Cons: I hate that I have to answer emails about bookings for half my time.

Finance Assistant in London:
Pros: The variety of industries and jobs.
Cons: The commute and the competition.

Finance Assistant in Bristol:
"Relaxed and relatively informal."
Pros: Nearly always busy, Friendly people, Good starting point for career.
Cons: Repetitive, Not using my full potential. Static.

Finance Assistant in Manchester:
Pros: everything - love what I do - I love a challenge
Cons: I do not think there is anything bad

Related Job Salaries

Key Stats for Finance Assistant

Gender

Female
69 %
Male
31 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 34 votes.
Less than 1 year
8%
1-4 years
59%
5-9 years
17%
10-19 years
11%
20 years or more
5%

Experience Affects Finance Assistant Salaries

▲10%

▲4%

National Average
₤19,000

▼1%

▼4%

Skills That Affect Finance Assistant Salaries



Accounting
▲2%



National Average
₤19,000



Accounts Receivable
▼1%

▼3%


AAT
▼10%

Sage 50 Accounting
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 34 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
8%
1-4 years
59%
5-9 years
17%
10-19 years
11%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 19%
dental benefits
Dental: 6%
vision benefits
Vision: 17%
no benefits
None: 69%