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Financial Administrators Jobs (NOW HIRING)

Financial Payment Administrator Status: Full-time, Salaried Overview: The Financial Payment Administrator will play a crucial role in managing and overseeing the financial aspects of stoploss ...

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$34K

$70.6K

$106.5K

How much do financial administrators jobs pay per year?

As of Jul 2, 2026, the average yearly pay for financial administrators 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 are some common challenges Financial Administrators face in managing multiple accounts or budgets simultaneously?

Financial Administrators often juggle several accounts or budgets at once, which requires strong organizational and time-management skills. One common challenge is ensuring accuracy and compliance across all financial records while meeting tight deadlines, particularly during monthly or quarterly reporting periods. Balancing competing priorities and communicating effectively with different departments to gather necessary information can also be demanding. To succeed, Financial Administrators typically rely on robust financial software, clear processes, and proactive collaboration with colleagues.

What are the key skills and qualifications needed to thrive as a Financial Administrator, and why are they important?

To thrive as a Financial Administrator, you need strong analytical abilities, attention to detail, and a solid background in finance or accounting, often supported by a degree in a related field. Familiarity with financial management software such as QuickBooks, SAP, or Oracle, and sometimes certifications like CPA or CMA, is typically required. Excellent organizational skills, integrity, and effective communication distinguish top performers in this role. These skills ensure accurate financial reporting, compliance, and efficient management of organizational resources.

What are Financial Administrators?

Financial Administrators are professionals responsible for managing and overseeing the financial operations of an organization. Their duties typically include processing invoices, managing budgets, maintaining financial records, preparing reports, and ensuring compliance with financial regulations. They play a key role in supporting financial decision-making and maintaining the organization’s fiscal health. Financial Administrators often work closely with accountants, auditors, and other finance team members.

What is the difference between Financial Administrators vs Bookkeepers?

AspectFinancial AdministratorsBookkeepers
CredentialsOften require accounting or finance certifications; some roles may need a degreeTypically need basic bookkeeping or accounting courses; certification is optional
Work EnvironmentOffice settings, corporate finance departments, or accounting firmsSmall business offices, accounting firms, or freelance work
Employer & Industry UsageUsed across industries for financial management and reportingCommon in small businesses for daily transaction recording
Primary ResponsibilitiesOverseeing financial operations, budgeting, financial reportingRecording daily financial transactions, maintaining ledgers

Financial Administrators focus on managing financial strategies and reporting, often requiring advanced certifications and working in corporate environments. Bookkeepers handle daily transaction recording, usually with less formal education, and are common in small business settings. While both roles involve finance, their scope and responsibilities differ significantly.

Can AI replace finance?

Financial administrators use AI to automate routine tasks such as data analysis, reporting, and transaction processing, increasing efficiency and accuracy. However, AI cannot fully replace the decision-making, strategic planning, and interpersonal skills required in finance roles, which still rely on human judgment and expertise. Professionals in this field often need knowledge of financial regulations, software tools, and certifications to work effectively alongside AI systems.

What is the highest paid finance job?

In finance, chief financial officers (CFOs) are typically the highest-paid roles, with salaries often exceeding several hundred thousand dollars annually, especially in large corporations. Other high-paying finance positions include investment bankers, private equity managers, and hedge fund managers, who earn substantial bonuses and compensation based on performance and deal volume.

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.

How much do finance administrators make?

Finance administrators typically earn a median annual salary of around $55,000 to $70,000, depending on experience, location, and industry. Salaries can vary based on the size of the organization and the complexity of financial tasks involved, with some roles offering additional benefits or bonuses.
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Associate Director of Financial Aid

Agnes Scott

Decatur, GA

Full-time

Posted 5 days ago


Job description

Office: Office of Financial Aid

Reports to: Director of Financial Aid

Work Period: 12-month

Hours: Full-time

Overtime: Exempt

Job Grade: 8

General Summary: Assists with the overall operation of the Office of Financial Aid; counsels students and parents regarding the financial aid process; analyzes financial aid applications; administer federal and state programs. This position supports activities related to the effective and efficient delivery of student financial aid resources and services, including quality assurance, troubleshooting, and error resolution. Reports to the Director of Financial Aid and works with co-workers, faculty, staff, students and their families, federal loan lenders, department of education, other financial administrators, and the community to provide efficient financial aid services.

Essential Job Functions: 

  1. Assists the director in managing, directing and coordinating the college's student financial aid program and day-to-day operations.
  2.  Recommends and participates in the development and implementation of college policies and procedures regarding student financial aid.
  3. Analyzes and verifies, as needed, financial aid applications and prepares financial aid packages for undergraduate and graduate level students.
  4. Administers and oversees all state grant/scholarship programs, including Zell Miller Scholarship, HOPE, Georgia Tuition Equalization Grant, Public Safety, GA Hero, REACH and GA Completion Grant.
  5. Administers and oversees all Federal Grants including Federal Pell Grant, Federal SEOG Grant and SEOG Match Grant.
  6. Processes and reviews all Reconciliation of Federal and State Grants and Scholarship.
  7. Administers the Tuition Exchange and Tuition Remission Programs for ASC Employee Dependents and eligible Import Students
  8. Reviews, processes and provides guidance of Undergraduate Financial Aid Appeals and Dependency Overrides.
  9. Verifies Student's Eligibility status based on Citizenship/Eligible Non-Citizen and Dependency Verification
  10. Administers daily Imports of ISIRs and reviews Unlinked ISIR records
  11. Maintains, updates and enhances the Office of Financial Aid's yearly Financial Aid Forms
  12. Maintains and regulates the Office of Financial Aid records storage, retention and secure file removal
  13. Represents the office in the absence of the director.

REQUIREMENTS

Education: BA/BS in a related occupational field of study (Masters Preferred)

Experience: Minimum of 5 years work financial aid experience in a higher education setting; comprehensive knowledge of financial aid programs, needs analysis, COD and other computer applications. Experience with Ellucian Colleague is preferred.

Knowledge/Skills/Abilities:

  • Must be able to organize and prioritize work, be proactive, take initiative, resolve problems, follow through, and simultaneously manage multiple priorities to ensure goals are met in a timely manner.
  • Comprehensive knowledge of federal and state financial aid regulations.
  • Ability to investigate and analyze information.
  • Ability to foster a cooperative work environment.
  • Ability to supervise and train employees.
  • Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies

PHYSICAL DEMANDS

Intermittent sitting, standing, stooping, crouching, walking, and occasional moving of light objects. Work is performed in an office.


DISCLAIMER
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to this job. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position.


APPLICATION PROCESS
Please apply online. Position is posted until filled. Due to the overwhelming response to the college's staff openings we are unable to respond personally to individual telephone inquiries. No faxed submissions please.


EEO
To provide equal employment and advancement opportunities to all individuals, employment decisions at Agnes Scott College are based on merit, qualifications, and abilities. Agnes Scott prohibits unlawful discrimination based on protected categories in its employment practices. This shall include, but not be limited to, employment, promotion, compensation, benefits, training and termination.