Finance Assistant Salary

The average Finance Assistant in the United States can expect to rake in roughly $15.24 per hour. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. The vast majority of Finance Assistants (83 percent) who responded to the survey are women. Not all workers are lucky enough to have benefits; in fact, just under one in three are without coverage. Medical insurance is claimed by the greater part and dental insurance is reported by slightly more than half. The majority of Finance Assistants claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$29,900 - $59,061
$30K
$39K
$59K
MEDIAN: $39,019
10%
50%
90%

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$11.09 - $21.37
$11
$15
$21
MEDIAN: $15.23
10%
50%
90%

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$0$59K
Salary $29,900 - $59,061
Bonus $198.66 - $8,332
Profit Sharing $2,650
Commission $6,104
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).
)
$26,470 - $51,111
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 230
Hourly Data $0$31
Hourly Rate $11.09 - $21.37
Overtime $15.11 - $31.25
Annual Data $0$51K
Bonus $198.66 - $8,332
Commission $6,104
Profit Sharing $2,650
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).
)
$26,470 - $51,111
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 289

Find Out Exactly What You Should Be Paid

United States (change)

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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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

National Average: $35,613

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 Reviews

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

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.

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

Related Job Salaries

Key Stats for Finance Assistant

Gender

Female
83 %
Male
17 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 85 votes.
Less than 1 year
9%
1-4 years
54%
5-9 years
17%
10-19 years
14%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Assistant Salaries

▲5%

▲4%

▲3%

National Average
$36,000

▼4%

Skills That Affect Finance Assistant Salaries

Data Entry
▲5%




Accounts Payable
▼0%

National Average
$36,000


Accounts Receivable
▼1%

Quickbooks
▼1%

General Ledger Accounting
▼2%

Financial Reporting
▼3%

Accounting
▼5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 85 votes.

Gender

Female
83 %
Male
17 %

Years of Experience

Less than 1 year
9%
1-4 years
54%
5-9 years
17%
10-19 years
14%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 54%
vision benefits
Vision: 43%
no benefits
None: 26%
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