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Financial Administration Jobs (NOW HIRING)

SUMMARY The Intern, Financial Administration will mirror the responsibilities of an Associate Financial Administrator I and is responsible for preparing and filing quarterly mutual fund reports in ...

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Financial Administration information

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$34K

$70.6K

$106.5K

How much do financial administration jobs pay per year?

As of Aug 26, 2026, the average yearly pay for financial administration in the United States is $70,648.00, according to ZipRecruiter salary data. Most workers in this role earn between $55,500.00 and $89,500.00 per year, depending on experience, location, and employer.

What is financial administration?

Financial administration refers to the planning, organizing, directing, and controlling of financial activities within an organization or government. This includes managing budgets, overseeing expenditures, preparing financial reports, and ensuring compliance with financial regulations. Professionals in financial administration play a key role in maintaining the financial health of an organization by making informed decisions and optimizing the use of resources. Their work supports strategic planning and effective management of funds.

What are the key skills and qualifications needed to thrive in financial administration?

To thrive in Financial Administration, you need strong analytical skills, attention to detail, and a solid understanding of accounting principles, typically supported by a degree in finance, accounting, or business administration. Familiarity with financial management software such as QuickBooks, SAP, or Oracle, and often certifications like CPA or CMA, is highly valuable. Excellent organizational, communication, and problem-solving abilities help professionals manage budgets, coordinate with teams, and handle sensitive information effectively. These skills and qualifications are crucial for maintaining accurate financial records, ensuring compliance, and supporting sound business decision-making.

What are some common challenges faced by professionals in financial administration, and how can they be overcome?

Professionals in Financial Administration often encounter challenges such as managing tight deadlines during financial reporting periods, ensuring accuracy in complex data, and navigating frequent regulatory changes. To address these, it's helpful to develop strong organizational skills, leverage financial management software, and stay updated on industry regulations through ongoing training. Building good communication with other departments also helps streamline processes and reduces the risk of errors.

What is the difference between Financial Administration vs Bookkeeping?

AspectFinancial AdministrationBookkeeping
Primary FocusManaging financial processes, budgeting, financial reporting, and complianceRecording financial transactions, maintaining ledgers, and data entry
Required CredentialsOften requires accounting or finance certifications; some roles may need a degreeTypically requires basic financial or accounting knowledge; certifications are less common
Work EnvironmentOffice setting, often in corporate or government sectorsOffice environment, usually in small businesses or accounting firms
Employer & Industry UsageUsed across industries for financial management rolesCommon in small businesses, bookkeeping firms, and accounting departments

Financial Administration involves overseeing overall financial processes and strategic planning, while Bookkeeping focuses on recording and maintaining financial transactions. Both roles are essential but differ in scope, responsibilities, and required qualifications.

How much do financial administrators make?

Financial administrators, also known as financial managers or controllers, typically earn a median annual salary of around $130,000, though this can vary based on experience, location, and industry. They often require strong analytical skills and proficiency with financial software to perform budgeting, reporting, and compliance tasks effectively.

Is a financial administrator a good job?

A financial administrator is responsible for managing financial records, budgets, and reporting within an organization, often requiring skills in accounting, finance software, and attention to detail. The role can offer stable employment, opportunities for advancement, and a competitive salary, especially with relevant certifications like CPA or CFA. Job satisfaction depends on the work environment and individual interests in finance and administration.

What does a financial administrator do?

A financial administrator manages an organization’s financial activities, including budgeting, accounting, financial reporting, and compliance. They often use financial software and require strong analytical skills to ensure accurate financial records and support decision-making.
More about Financial Administration jobs

What states have the most Financial Administration jobs?

States with the most job openings for Financial Administration jobs include:

Infographic showing various Financial Administration job openings in the United States as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $70,648 per year, or $34 per hour.

Financial Administration Coordinator

Indianapolis, IN • On-site

Full-time

Medical, Dental, Life, Retirement, PTO

Posted yesterday

New


Job description

The Financial Administration Coordinator position in the dean's office of Education, Administration, and Finance manages the day-to-day financial and operational business activities for multiple organizations within Educational Affairs. Areas of service include financial account management, budget construction and maintenance, contract support and procurement, HR operations for faculty, staff, and students, pre- and post-research awards, backup for peer employees, and other business activities as assigned. In addition, as part of the Indiana University School of Medicine Dean's office staff, the coordinator may be assigned to a variety of dean's office committees or projects where professionalism and participation are required.
General Responsibilities
  • With minimal supervision, performs financial and administrative tasks related to processing financial or other administrative records.
  • Takes on more complex assignments and provides guidance to lower-level Financial Administration Coordinators.
  • Maintains records of financial transactions, compiles data, and prepares reports. May oversee the processing of documents into the university's central information systems (Travel, KFS, HRMS, etc.).
  • Investigates and resolves discrepancies that require more advanced knowledge and experience; following policies and procedures, recommends audits.
  • Assists in designing, documenting, and implementing processes.
  • Processes payroll and verifies accuracy of payroll information. Verifies accuracy of adjustments to payroll including supplements and garnishments.
  • Monitors financial accounts and ensures timely payments are made to payees.
  • Responds to inquiries regarding financial and/or personnel policies and procedures. Takes the lead on the most complex cases within their scope of work.
  • Serves as liaison to department and/or other university divisions.
Qualifications
Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.
EDUCATION
Required
  • High school diploma or equivalent (such as HSED or GED).
Preferred
  • Associate's degree.
WORK EXPERIENCE
Required
  • 4 years of relevant experience.
SKILLS
Required
  • Proficient communication skills.
  • Maintains a high degree of professionalism.
  • Demonstrates time management and priority setting skills.
  • Demonstrates a high commitment to quality.
  • Possesses flexibility to work in a fast paced, dynamic environment.
  • Highly thorough and dependable.
  • Possesses a high degree of initiative.
  • Ability to build strong customer relationships.
  • Demonstrates ability or general knowledge to learn basic functionality of IU systems (KFS, HRMS, SIS).
  • Experience in managing and documenting workflows, processes, and/or data entry.
  • Basic understanding of technology.
  • Ability to use standard office equipment such as phone, fax, scanner, etc.
  • Proficiency in computer systems, including standard Office software.
  • Basic accounting and financial skills. Ability to reconcile accounts.
  • Prior demonstrated ability to apply concepts and policies to daily work functions.
  • Good oral and written communication skills.
  • Ability to clearly present material and make it accessible to a specific audience.
Working Conditions / Demands
This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.
Work Location
Indianapolis, Indiana
This position is eligible for a hybrid schedule (mix between remote and in-person work), subject to change in the future based on university policy and business needs.
Benefits Overview
For full-time staff employees, Indiana University offers a wide array of benefits including:
  • Comprehensive medical and dental insurance
  • Health savings account with generous IU contributions
  • Healthcare and dependent care flexible spending accounts
  • Basic group life insurance paid by IU
  • Voluntary supplemental life, long-term disability, critical illness, and supplemental accidental death & dismemberment insurance
  • Base retirement plan with generous IU contributions, subject to vesting
  • Voluntary supplemental retirement plan options
  • Tuition subsidy for employees and family members taking IU courses
  • 10 paid holidays plus a paid winter break each year
  • Generous paid time off plans
  • Paid leave for new parents and IU-sponsored volunteer events
  • Employee assistance program (EAP)
Learn more about our benefits by reviewing the IU Benefit Programs Brochure .
Job Classification
Career Level: Mastery
FLSA: Nonexempt
Job Function: Finance
Job Family: Financial Administration
Click here to learn more about Indiana University's Job Framework.
Posting Disclaimer
This posting is scheduled to close at 11:59 pm EST on the advertised Close Date. This posting may be closed at any time at the discretion of the University, but will remain open for a minimum of 5 business days. To guarantee full consideration, please submit your application within 5 business days of the Posted Date.
If you wish to include a cover letter, you may include it with your resume when uploading attachments.
Equal Employment Opportunity
Indiana University is an equal opportunity employer and provider of ADA services and prohibits discrimination in hiring. See Indiana University Notice of Non-Discrimination here which includes contact information .
Campus Safety and Security
The Annual Security and Fire Safety Report, containing policy statements, crime and fire statistics for all Indiana University campuses, is available online . You may also request a physical copy by emailing IU Public Safety at iups@iu.edu or by visiting IUPD.
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