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Salary and Benefits

Finance Specialist
$47K-$58K / yr. (est.)
$48K
$53,162 / year
$58K
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 Specialist

What does a Finance Specialist do?

We, the finance specialist, work at the financial institutions or the financial departments of a company. We analyze the financial data to evaluate the financial status of the company, and make strategies for improvement. Also, we prepare financial budgets, conduct benchmark analysis, develop financial models, and identify investment opportunities. We design and review fiscal policies, suggest changes that may improve these policies, and design forecasted financial models. Sometimes, we help the company in designing short-term and long-term investment strategies.

Core tasks:

  • identifying the company’s financial status
  • assisting in the audits and financial reviews
  • advising senior management in financial planning

Insights

How Many Years of Experience Do Professionals Need Before Becoming Finance Specialist?
On average, people work 5-7 years in other positions prior to becoming a Finance Specialist.
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Financial AdvisorSan Francisco, CA - 10 months ago
✋ Hold on a second! Working in different positions beforehand allows for a broader perspective, understanding, and better guidance when helping clients with their finances.
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EconomistSeattle, WA - 10 months ago
well, I suppose it helps reduce the risk of narrow-mindedness and promotes a well-rounded approach towards financial analysis and decision-making. Guess I can't argue with that. 😅
How Long Do Finance Specialist Employees Typically Stay in Their Roles?
On average, Finance Specialists works in this position for 3-5 years across multiple employers.
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Financial AdvisorHouston, TX - 10 months ago
🤔 I suppose trying different finance positions can provide a broader perspective and enhance critical thinking, but it may also delay career progression and financial stability.
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Tax ConsultantMiami, FL - 10 months ago
Haha, as a Tax Consultant, I always say I have the least boring job in finance! No need for multiple employers to know that.
What Is the Job Hopper Score for Finance Specialist Employees?
Moderate job changes in Finance Specialist, showing some career movement without excessive turnover.
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Financial AnalystHouston, TX - 10 months ago
Can't believe some of y'all are criticizing moderate job changes in Finance. It's important to find the right opportunity for growth and skill development. Be open-minded!
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Tax SpecialistMiami, FL - 10 months ago
Hey guys, not everyone is cut out for moderate job changes in our industry. As a Tax Specialist, my clients value stability and consistency in handling their finances. It's a different ballgame here.

Career path

Path to job

Discover a Finance Specialist's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Finance Specialist typically studied at.
Arizona State University-Tempe
Penn State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Finance Specialist Employees?
Gender ratio in Finance Specialist position: 0.508887526815814 Male and 0.491112473184186 Female. Age ratio in Finance Specialist position: 16-20: 10%, 21-30: 64%, 31-40: 18%, 41-50: 6%, 51-60: 2%, 60+: 0%. Finance Specialist position is predominantly male (50.9%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Finance SpecialistHouston, TX - 10 months ago
Wait a minute, only 2% of Finance Specialists are 51-60 years old? 🤨 Are employers biased towards younger candidates?
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Finance SpecialistMiami, FL - 10 months ago
Why is the female representation in the Finance Specialist position only 49.1%? 🤔 Are there any efforts being made to encourage more women to pursue finance careers?

Workplaces

Who Are the Top Employers for Finance Specialist?
Top employers of Finance Specialist position: Conagra Brands, Cornell University, Intel. People who work in Finance Specialist position most typically go on to work for the Conagra Brands.
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Finance SpecialistChicago, IL - 10 months ago
Cornell University may be a great place to work, but do they actually hire Finance Specialists in large numbers? Seems unlikely!
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Finance SpecialistHouston, TX - 10 months ago
I don't understand why people are getting so worked up about this. Just because someone works at Conagra Brands doesn't mean they're any less competent in finance!
Conagra Brands
Cornell University
Intel
What Industries Does Finance Specialist Typically Have Experience In?
Industry Background: The most typical industries of Finance Specialist: Finance & Insurance, Manufacturing, Public Administration, Professional / Scientific / Technical, Education. Finance Specialist employees most likely come from a Finance & Insurance industry background.
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Finance SpecialistHouston, TX - 10 months ago
Y'all are missing the point. Finance Specialists are essential for managing budgets and ensuring financial stability. It ain't for the faint-hearted.
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Finance SpecialistPhiladelphia, PA - 10 months ago
I completely agree! The constant pressure and attention to detail can be overwhelming, but the satisfaction of making sound financial decisions makes it worthwhile. 💪

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Discussion about Finance Specialist

Want to know more about Finance Specialist position?
Share your thoughts and ideas about Finance Specialist position with others in our community.
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Is Finance Specialist a female or male dominated profession?
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Sophie Hayes3 years ago
The women/men ratio is well balanced.
What is the most common age of a Finance Specialist?
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Liam Brown3 years ago
The average age is 28
Do I need a lot of experience to be a Finance Specialist?
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Sophie Hayes3 years ago
On average, people have 6 years of experience when they start working as a Finance Specialist
What industries does a Finance Specialist typically work in?
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Isabella Holmes3 years ago
Most typically work in the Public Administration industry.
Do I need a degree to work as a Finance Specialist?
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Isabella Holmes3 years ago
As a Finance Specialist you’ll probably need No higher education
As a Finance Specialist, which company should I definitely check out for jobs?
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Benjamin Gardner3 years ago
Most people work for Conagra Brands, Cornell University, Intel, PNC and The World Bank
How many years of experience as a Finance Specialist is needed in average to switch to another position?
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Isabella Holmes3 years ago
4 years is the typical lifespan for a Finance Specialist.
Is it common for people to switch companies and still work as a Finance Specialist?
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Sophie Hayes3 years ago
On average a Finance Specialist works for only a few companies.
What do people usually work as before switching to Finance Specialist?
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Sophie Hayes3 years ago
A Finance Specialist probably worked as Financial Analyst, Accountant or Staff Accountant before
Working as a Finance Specialist what job titles should I consider to switch to?
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Sophie Hayes3 years ago
Changing from a Finance Specialist to Financial Analyst, Finance Manager or Accountant is a typical career path.
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Disclaimer

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