$48,364
Avg. Salary
$18.92
Avg. Hourly Rate

Average additional compensation:

$1,036

Bonus

$1,100

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Financial Administrator is $18.92 per hour.

The average pay for a Financial Administrator is $48,364 per year.

10%
$14.00
10%
$18.92
50%
$24.85
90%
90%
MEDIAN $18.92
10%
$35k
10%
$48k
50%
$73k
90%
90%
MEDIAN $48,364
$35,003 - $73,115
$35K
$48K
$73K
MEDIAN: $48,364
10%
50%
90%

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$14.00 - $24.85
$14
$19
$25
MEDIAN: $18.92
10%
50%
90%

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$0$73K
Salary $35,003 - $73,115
Bonus $35.00 - $9,102
Profit Sharing $302 - $6,953
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).
)
$30,854 - $67,508
  • Country: United States
  • Currency: USD
  • Updated: 16 May 2019
  • Individuals Reporting: 304
Hourly Data $0$35
Hourly Rate $14.00 - $24.85
Overtime $18.08 - $35.81
Annual Data $0$67K
Bonus $35.00 - $9,102
Profit Sharing $302 - $6,953
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).
)
$30,854 - $67,508
  • Country: United States
  • Currency: USD
  • Updated: 16 May 2019
  • Individuals Reporting: 242

Job Description for Financial Administrator

Financial administrators are in charge of managing financial-related tasks for their company. They perform budget and payroll transactions, maintain separate account such as discretionary and grant funding, and maintain accurate financial records for tax-related purposes. They must follow company policies to process payments, approve money transfers, keep financial statements, review reimbursements, and approve purchase order requisitions. Additionally, they prepare financial reports, and collaborate with other departments as needed.

Read More...
Financial Administrator Tasks
  • Review and verify accuracy of financial and contract paperwork and processes.
  • Create budget templates and serve as point of contact for questions and exceptions.
  • Maintain accounts and follow up to verify and close invoices and collect fees.
  • Document project status, obstacles, reporting and reviews.

Common Career Paths for Financial Administrator


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Financial Administrator Job Listings

Popular Skills for Financial Administrator


Financial Administrators report using a pretty varied skill set on the job. Most notably, skills in Financial Analysis, General Ledger Accounting, Financial Reporting, and Accounting are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Human Resources and Accounts Receivable. Most people experienced in Accounting also know Bookkeeping and Payroll Administration.

Pay by Experience Level for Financial Administrator

Pay by Experience for a Financial Administrator has a positive trend. An entry-level Financial Administrator with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 130 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $46,000 based on 83 salaries. An experienced Financial Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $47,000 based on 83 salaries. A Financial Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $50,000 based on 37 salaries.

Pay Difference by Location

12%

National Average: $44,479

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

For Financial Administrators, working in the bustling city of Washington has its advantages, including an above-average pay rate. Financial Administrators can also look forward to large paychecks in cities like Chicago (+23 percent), Houston (+22 percent), Oklahoma City (+17 percent), and Atlanta (+14 percent). With compensation 10 percent below the national average, Pittsburgh is not known for hefty paychecks and actually represents the lowest-paying market.

Financial Administrator Reviews

Q: What is it like working as a Financial Administrator?

Financial Administrator in Deerfield:
"Not the best place to work."
Pros: The ability to learn more through classes offered.
Cons: Lack of transparency and communication.

Financial Administrator in Dallas:
"Cost of Living."
Pros: Dallas is the central hub of several multi-national firms. There is growth and opportunity to do great things.
Cons: The traffic is terrible because of the amount of construction.

Financial Administrator in Pierre:
"Listen!"
Don't be afraid to ask lots of questions. Learn to have an outlet outside of work to distress. Don't take things personally. Everyone makes mistakes, so own it and learn from it. Don't be hard on yourself.

Financial Administrator in New York:
"Work."
Pros: Work and life balance and no stress but very important job.
Cons: Obtaining relevant licences are far from the position.

Financial Administrator in Dallas:
"Work flexibility, low stress level, good perks, low hours."
Pros: Work flexibility, low stress level, good perks, low hours, great management.
Cons: Cannot work from home.

Related Job Salaries

Key Stats for Financial Administrator

Gender

Female
85 %
Male
15 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 131 votes.
Less than 1 year
4%
1-4 years
33%
5-9 years
18%
10-19 years
27%
20 years or more
17%

Experience Affects Financial Administrator Salaries

▲12%

▲5%

▲3%

National Average
$44,000

▼7%

Skills That Affect Financial Administrator Salaries

Financial Analysis
▲17%

General Ledger Accounting
▲6%


National Average
$44,000

Accounting
▼1%


▼3%



Human Resources
▼10%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 131 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
4%
1-4 years
33%
5-9 years
18%
10-19 years
27%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 62%
dental benefits
Dental: 44%
vision benefits
Vision: 37%
no benefits
None: 37%