Finance Associate Salary

Finance Associates in the United States pull down an average of $60K per year. Total cash earnings of Finance Associates range from $35K on the low end to $105K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $20K and $12K, respectively. Earnings for this group are mostly affected by geography, followed by career length and the specific company. Women are just slightly outnumbered, with male Finance Associates making up 55 percent of survey respondents. Most Finance Associates report high levels of job satisfaction. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. The numbers in this rundown were provided by PayScale's salary survey participants.
Read More
$38,267 - $96,724
$38K
$59K
$97K
MEDIAN: $59,338
10%
50%
90%

Add this chart to your site: 640px    300px

$13.62 - $28.36
$14
$19
$28
MEDIAN: $19.29
10%
50%
90%

Add this chart to your site: 640px    300px

$0$105K
Salary $38,267 - $96,724
Bonus $747 - $19,547
Profit Sharing $0.00 - $11,635
Commission $3,500
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).
)
$34,309 - $105,052
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 349
Hourly Data $0$45
Hourly Rate $13.62 - $28.36
Overtime $10.95 - $45.43
Annual Data $0$105K
Bonus $747 - $19,547
Commission $3,500
Profit Sharing $0.00 - $11,635
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).
)
$34,309 - $105,052
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 67

Find Out Exactly What You Should Be Paid

United States (change)

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.

Common Career Paths for Finance Associate


Add this chart to your site:   640px 640px    300px 300px


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 Employer Salaries for Finance Associate


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: $57,071

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

Related Job Salaries

Key Stats for Finance Associate

Gender

Female
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.
Less than 1 year
8%
1-4 years
61%
5-9 years
20%
10-19 years
8%
20 years or more
2%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Finance Associate Salaries

▲31%

National Average
$57,000

▼6%

▼10%

Late-Career
▼25%

Skills That Affect Finance Associate Salaries




National Average
$57,000


▼11%

Accounts Payable
▼15%

Data Analysis
▼15%

Accounts Receivable
▼23%

Data Entry
▼35%

Microsoft Office
▼39%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
8%
1-4 years
61%
5-9 years
20%
10-19 years
8%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 77%
vision benefits
Vision: 65%
no benefits
None: 10%
ADVERTISEMENT