The average pay for a Finance Associate is $18.42 per hour.
The average pay for a Finance Associate is $60,557 per year.
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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...- 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
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
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
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Key Stats for Finance Associate
Gender
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Female
49 % |
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Male
51 % |
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Job Satisfaction
| Extremely satisfied |
Rated 5 out of 5 based on 142 votes. |
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