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Salary and Benefits

Finance Associate
$45K-$55K / yr. (est.)
$46K
$50,643 / year
$56K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Finance Associate

What does a Finance Associate do?

As a Finance Associate, our primary tasks include managing financial records, preparing financial reports, and assisting in budget planning based on the company's requirements. We use financial software like QuickBooks, Excel, and SAP to handle the majority of our tasks. We also perform variance analysis to compare budgeted figures against actual financial performance. We, Finance Associates, work closely with other departments to provide accurate financial information and support decision-making processes.

Core tasks:

  • Preparing and maintaining financial statements and records
  • Assisting in the budget planning process
  • Conducting variance analysis to identify discrepancies
  • Reconciling bank statements and managing ledger entries
  • Collaborating with other departments to provide financial guidance

Insights

How Many Years of Experience Do Professionals Need Before Becoming Finance Associate?
On average, people work 3-5 years in other positions prior to becoming a Finance Associate.
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Finance AssociateMiami, FL - A year ago
It's definitely worth the wait! The hands-on experience from multiple positions will make you a better Finance Associate in the long run. 💪
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Finance AssociateNew York City, NY - A year ago
I've worked so hard for this position, I don't mind putting in a few extra years. Patience pays off! 😉
How Long Do Finance Associate Employees Typically Stay in Their Roles?
On average, Finance Associates works in this position for 1-3 years across multiple employers.
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AccountantHouston, TX - A year ago
Finance Associates are essential in managing financial transactions, their role shouldn't be underestimated. You won't see any red numbers under my watch!
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Software EngineerSan Francisco, CA - A year ago
Seems like Finance Associates change jobs frequently. Maybe they should consider a career switch to the software industry where stability and innovation reside. 💻
What Is the Job Hopper Score for Finance Associate Employees?
Moderate job changes in Finance Associate, showing some career movement without excessive turnover.
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Private BankerHouston, TX - A year ago
🙌 It's all about climbing the corporate ladder and making strategic job changes to maximize earning potential and influence!
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Financial PlannerMiami, FL - A year ago
I prefer stable job changes so I can build long-lasting client relationships and deliver personalized financial plans for their future. 💙

Career path

Path to job

Discover a Finance Associate's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Finance Associate typically studied at.
New York University
The University of Texas at Austin

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Finance Associate Employees?
Gender ratio in Finance Associate position: 0.55502129413381 Male and 0.44497870586619 Female. Age ratio in Finance Associate position: 16-20: 7%, 21-30: 82%, 31-40: 8%, 41-50: 2%, 51-60: 1%, 60+: 0%. Finance Associate position is predominantly male (55.5%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Finance AssociateSeattle, WA - A year ago
Age-wise, why are people in their 20s and 30s the majority in this field? Don't older professionals bring valuable experience? 🤷
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Finance AssociateNew York City, NY - A year ago
There's definitely an age bias here! Older professionals should be given equal opportunities. 💼

Workplaces

Who Are the Top Employers for Finance Associate?
Top employers of Finance Associate position: Bain Capital, Bridgewater Associates, Comcast. People who work in Finance Associate position most typically go on to work for the Bain Capital.
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Finance AssociateHouston, TX - A year ago
You guys need to stop obsessing over Bain Capital. There are plenty of other amazing employers for Finance Associates out there.
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Finance AssociateMiami, FL - A year ago
Are you kidding me? Working at Bain Capital is like a dream come true for Finance Associates. Don't settle for anything less!
Bain Capital
Bridgewater Associates
Comcast
What Industries Does Finance Associate Typically Have Experience In?
Industry Background: The most typical industries of Finance Associate: Finance & Insurance, Professional / Scientific / Technical, Manufacturing, Information Technology, Religious / Grantmaking / Civic. Finance Associate employees most likely come from a Finance & Insurance industry background.
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Finance AssociateHouston, TX - A year ago
No need to be sarcastic, pal. Finance Associates play a crucial role in helping businesses make informed financial decisions and achieve their goals. Don't downplay our value!
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Finance AssociateSan Francisco, CA - A year ago
I've always thought about pursuing a career as a Finance Associate. Can anyone provide more insight into the day-to-day responsibilities and key skills required?

Find your job as Finance Associate

Discussion about Finance Associate

Want to know more about Finance Associate position?
Share your thoughts and ideas about Finance Associate position with others in our community.
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What is the women/men ratio in the job of Finance Associate?
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Sophie Hayes3 years ago
The women/men ratio is well balanced.
What is the typical age of people who work as a Finance Associate?
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Sophie Hayes3 years ago
People working as a Finance Associate are 26 old on average.
Is a Finance Associate considered to be a senior profession?
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Isabella Holmes3 years ago
You should work for 4 years on average to become a Finance Associate.
What industries does a Finance Associate typically work in?
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Sophie Hayes3 years ago
Manufacturing is the most probable for a Finance Associate to work in.
Is a higher education needed as a Finance Associate?
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Isabella Holmes3 years ago
As a Finance Associate you’ll probably need Bachelor of Science degree
Where are you working as a Finance Associate?
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Liam Brown3 years ago
Working as a Finance Associate it might be a good next step to work for Bain Capital, Bridgewater Associates, Comcast, JPMorgan Chase & Co. and Prudential
How many years do people spend as a Finance Associate in their career path?
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Isabella Holmes3 years ago
2 years is the typical lifespan for a Finance Associate.
Is it frequent for people to switch companies and still work as a Finance Associate?
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Benjamin Gardner3 years ago
a Finance Associate is not a typical job hopper, but might change companies.
From which job titles people come from to work as a Finance Associate?
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Liam Brown3 years ago
A Finance Associate probably worked as Financial Analyst, Finance Intern or Accountant before
What typical professions people working as a Finance Associate switch to?
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Benjamin Gardner3 years ago
Working as Finance Associate consider Financial Analyst, Finance Manager or Accountant as a next step in your career.
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Disclaimer

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