Finance Administrator Salary

Finance Administrators in the United States pull down an average of $48K per year. Female Finance Administrators make up most of the survey respondents at 78 percent. Nearly one in four of professionals in this line of work do not receive benefits; however, more than half report medical coverage and a majority claim dental coverage as well. The majority of workers are highly satisfied with their job. This overview is based on answers to PayScale's salary questionnaire.
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$35,263 - $78,297
$35K
$49K
$78K
MEDIAN: $48,704
10%
50%
90%

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$14.61 - $25.69
$15
$19
$26
MEDIAN: $18.64
10%
50%
90%

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$0$78K
Salary $35,263 - $78,297
Bonus $0.00 - $5,087
Profit Sharing $900
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).
)
$33,157 - $66,618
  • Country: United States
  • Currency: USD
  • Updated: 16 Oct 2017
  • Individuals Reporting: 72
Hourly Data $0$37
Hourly Rate $14.61 - $25.69
Overtime $21.03 - $37.65
Annual Data $0$66K
Bonus $0.00 - $5,087
Profit Sharing $900
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).
)
$33,157 - $66,618
  • Country: United States
  • Currency: USD
  • Updated: 16 Oct 2017
  • Individuals Reporting: 56

Job Description for Finance Administrator

Finance administrators are responsible for all aspects of an organization’s finance and budget concerns. This includes managing accounts receivable and accounts payable, designing and implementing the budget, and handling any investments or capital expenditures in which the organization might engage. Finance administrators ensure that all payments the company owes have been made and monitor incoming payments and revenue to maintain a proper cash flow. Additionally, they produce a budget, working closely with other managers. They are required to make regular reports on the current and future state of the company’s finances and financial plans. They must react to changes in revenues, expenditures, or even radical shifts in company focus due to new developments or opportunities.

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Finance 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.

Finance Administrator Job Listings

Popular Skills for Finance Administrator


Finance Administrators report using a diverse set of skills on the job. Most notably, skills in Accounting, Payroll Administration, Financial Analysis, and Accounts Payable are correlated to pay that is above average, with boosts between 7 percent and 10 percent. Skills that pay less than market rate include Account Management and Accounts Receivable. The majority of those who know Accounting also know Microsoft Excel.

Pay by Experience Level for Finance Administrator

Pay by Experience for a Finance Administrator has a positive trend. An entry-level Finance Administrator with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 57 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $46,000 based on 33 salaries. An experienced Finance Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $52,000 based on 29 salaries. A Finance Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $56,000 based on 28 salaries.

Related Job Salaries

Key Stats for Finance Administrator

Gender

Female
75 %
Male
25 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 31 votes.
Less than 1 year
5%
1-4 years
35%
5-9 years
23%
10-19 years
16%
20 years or more
20%

Experience Affects Finance Administrator Salaries

▲24%

▲16%

▲2%

National Average
$45,000

▼8%

Skills That Affect Finance Administrator Salaries

▲6%

Payroll Administration
▲5%


National Average
$45,000




Account Management
▼11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 31 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
5%
1-4 years
35%
5-9 years
23%
10-19 years
16%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 66%
vision benefits
Vision: 47%
no benefits
None: 26%