$60,557
Avg. Salary
$18.42
Avg. Hourly Rate

Average additional compensation:

$5,171

Bonus

$4,000

Profit Sharing

$7,000

Commission

What am I worth?
How should I pay?

The average pay for a Finance Associate is $18.42 per hour.

The average pay for a Finance Associate is $60,557 per year.

10%
$13.98
10%
$18.42
50%
$25.84
90%
90%
MEDIAN $18.42
10%
$40k
10%
$61k
50%
$97k
90%
90%
MEDIAN $60,557
$39,598 - $97,095
$40K
$61K
$97K
MEDIAN: $60,557
10%
50%
90%

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$13.98 - $25.84
$14
$18
$26
MEDIAN: $18.42
10%
50%
90%

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$0$104K
Salary $39,598 - $97,095
Bonus $970 - $17,432
Profit Sharing $0.00 - $14,617
Commission $7,000
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).
)
$35,785 - $104,853
  • Country: United States
  • Currency: USD
  • Updated: 15 May 2019
  • Individuals Reporting: 697
Hourly Data $0$47
Hourly Rate $13.98 - $25.84
Overtime $16.69 - $47.46
Annual Data $0$104K
Bonus $970 - $17,432
Commission $7,000
Profit Sharing $0.00 - $14,617
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).
)
$35,785 - $104,853
  • Country: United States
  • Currency: USD
  • Updated: 15 May 2019
  • Individuals Reporting: 146

Job Description for Finance Associate

Finance associates perform a variety of accounting and financial duties for their organization. They are responsible for coordinating budget preparation, program narratives, and projections. They assist managers with creation of financial proposals, as well as plan and execute analyses such as for operational and capital budgets. Finance associates create statistical reports based on costs analyses and other relevant information. As needed, they must provide effective business analysis on subjects determined by management. Finance associates also administer fixed asset accounts and capital expenditures, as well as contextualize preliminary analyses for their supervisor and assist with work flow improvements throughout their organization.

Read More...
Finance Associate Tasks
  • Collect and analyze data to assist in corporate financial decisions.
  • Ensure compliance with standard practices and protocols within the industry.
  • Identify and advise on new investment opportunities for the company.
  • Assist in determining and negotiating the financial aspects of mergers and acquisitions.

Finance Associate Pay By Employer

$0$104K

$80,473

Morgan Stanley
10 profiles
$66,514

Common Career Paths for Finance Associate


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Many Finance Associates move into a Senior Financial Analyst role, and folks who currently hold that position report a much higher median income of $76K per year.

Finance Associate Job Listings

Popular Skills for Finance Associate


Survey results suggest that Finance Associates put a wide range of professional skills to use. Most notably, facility with Financial Modeling and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 53 percent and 15 percent, respectively. Those listing Microsoft Office as a skill should be prepared for drastically lower pay. Data Entry and Accounts Receivable also typically command lower compensation. Most people skilled in Financial Analysis are similarly competent in Financial Reporting and Accounting.

Pay by Experience Level for Finance Associate

Pay by Experience for a Finance Associate has a negative trend. An entry-level Finance Associate with less than 5 years of experience can expect to earn an average total compensation of $54,000 based on 296 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Associate with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $75,000 based on 89 salaries. An experienced Finance Associate which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $51,000 based on 44 salaries. A Finance Associate with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $43,000 based on 6 salaries.

Pay Difference by Location

National Average: $57,760

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

Home to some of the best pay for Finance Associates, Dallas offers exceptional salaries, 78 percent above the national average. Finance Associates will also find cushy salaries in Chicago (+31 percent), New York (+27 percent), Seattle (+26 percent), and Los Angeles (+23 percent). Finance Associates in Columbus report much lower salaries than the rest of the country — 31 percent below the national average — proving that residence is a major factor in overall pay. Not at the bottom but still paying below the median are employers in Washington and Philadelphia (15 percent lower and 3 percent lower, respectively).

Finance Associate Reviews

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

Finance Associate in Dallas:
"Long commute, lots of options."
Pros: Lots of options
Cons: Long commute

Finance Associate in Boston:
"Room for Growth."
Pros: Tackling tough challenges and learning a lot
Cons: Too much on my plate sometimes

Finance Associate in Boston:
"Ability to Prove My Worth."
Pros: People, culture, benefits.
Cons: Repetition, confusing products.

Related Job Salaries

Key Stats for Finance Associate

Gender

Female
49 %
Male
51 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 142 votes.
Less than 1 year
10%
1-4 years
57%
5-9 years
22%
10-19 years
8%
20 years or more
3%

Experience Affects Finance Associate Salaries

▲30%

National Average
$58,000

▼7%

▼11%

Late-Career
▼26%

Skills That Affect Finance Associate Salaries




National Average
$58,000


▼12%

Accounts Payable
▼16%

Data Analysis
▼16%

Accounts Receivable
▼24%

Data Entry
▼36%

Microsoft Office
▼39%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 142 votes.

Gender

Female
49 %
Male
51 %

Years of Experience

Less than 1 year
10%
1-4 years
57%
5-9 years
22%
10-19 years
8%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 77%
vision benefits
Vision: 66%
no benefits
None: 14%