$40,519
Avg. Salary
$15.72
Avg. Hourly Rate

Average additional compensation:

$2,000

Bonus

$2,035

Profit Sharing

$5,896

Commission

What am I worth?
How should I pay?

The average pay for a Finance Assistant is $15.72 per hour.

The average pay for a Finance Assistant is $40,519 per year.

10%
$11.29
10%
$15.72
50%
$21.85
90%
90%
MEDIAN $15.72
10%
$30k
10%
$41k
50%
$58k
90%
90%
MEDIAN $40,519
$30,311 - $58,417
$30K
$41K
$58K
MEDIAN: $40,519
10%
50%
90%

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$11.29 - $21.85
$11
$16
$22
MEDIAN: $15.72
10%
50%
90%

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$0$58K
Salary $30,311 - $58,417
Bonus $385 - $6,205
Profit Sharing $2,035
Commission $5,896
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).
)
$26,130 - $52,117
  • Country: United States
  • Currency: USD
  • Updated: 18 Mar 2019
  • Individuals Reporting: 394
Hourly Data $0$32
Hourly Rate $11.29 - $21.85
Overtime $15.94 - $32.72
Annual Data $0$52K
Bonus $385 - $6,205
Commission $5,896
Profit Sharing $2,035
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).
)
$26,130 - $52,117
  • Country: United States
  • Currency: USD
  • Updated: 18 Mar 2019
  • Individuals Reporting: 519

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.

Read More...
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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Many Finance Assistants move into a Finance Manager role, and folks who currently hold that position report a much higher median income of $85K per year. Accountants or Staff Accountants are common next-step roles for Finance Assistants moving up in their careers; annual pay for Accountants is $9K higher on average, and it's $8K higher for Staff Accountants.

Finance Assistant Job Listings

Popular Skills for Finance Assistant


Survey takers working as Finance Assistants report using a large range of professional skills. Most notably, skills in Data Entry, Payroll Administration, Financial Analysis, and Microsoft Office are correlated to pay that is above average. Skills that pay less than market rate include Accounting and Financial Reporting. Those proficient in Microsoft Excel are, more often than not, also skilled in Microsoft Office and Accounts Receivable. It is often found that people who know Accounts Payable are also skilled in Accounts Receivable and Microsoft Office.

Pay by Experience Level for Finance Assistant

Pay by Experience for a Finance Assistant has a positive trend. An entry-level Finance Assistant with less than 5 years of experience can expect to earn an average total compensation of $34,000 based on 349 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 $37,000 based on 119 salaries. An experienced Finance Assistant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $37,000 based on 95 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 $37,000 based on 56 salaries.

Pay Difference by Location

20%

12%

National Average: $36,477

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

Surpassing the national average by 26 percent, Finance Assistants in Washington receive some of the highest pay in the country. Finance Assistants can also look forward to large paychecks in cities like New York (+23 percent), Houston (+19 percent), Sacramento (+16 percent), and Los Angeles (+15 percent). Atlanta ranks last in the field for pay, reporting salaries 13 percent below the national average. Employers also pay below the national average in San Diego and Seattle (2 percent lower).

Finance Assistant Advice

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

Finance Assistant in Newtown:
"To make an agreement for performance increases."
None

Finance Assistant in Minneapolis:
"Financial Assistant."
Pros: Work flexibility. Boss. Challenge.
Cons: Paperwork.

Finance Assistant in San Diego:
Pros: GREAT BENEFITS, ENTRY LEVEL POSITIONS, RELIABLE PAY.
Cons: CULT DOCTRINE, DISREGARD FOR WELL BEING, LEADERSHIP POSITIONS ARE GIVEN NOT EARNED, MALPRACTICE IS PREVALENT YET DISREGARDED BECAUSE REPUTATION OUTWEIGHS MORAL DIRECTION.

Related Job Salaries

Key Stats for Finance Assistant

Gender

Female
84 %
Male
16 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 172 votes.
Less than 1 year
9%
1-4 years
51%
5-9 years
17%
10-19 years
13%
20 years or more
10%

Experience Affects Finance Assistant Salaries

▲3%

▲2%

▲1%

National Average
$36,000

▼6%

Skills That Affect Finance Assistant Salaries

Data Entry
▲3%



National Average
$36,000


Accounts Payable
▼3%

Accounts Receivable
▼3%

Quickbooks
▼3%


General Ledger Accounting
▼4%

Financial Reporting
▼5%

Accounting
▼7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 172 votes.

Gender

Female
84 %
Male
16 %

Years of Experience

Less than 1 year
9%
1-4 years
51%
5-9 years
17%
10-19 years
13%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 54%
vision benefits
Vision: 42%
no benefits
None: 29%