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The differences between account analysts and account administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an account analyst, becoming an account administrator takes usually requires 4-6 years. Additionally, an account analyst has an average salary of $55,829, which is higher than the $40,149 average annual salary of an account administrator.
The top three skills for an account analyst include customer service, patients and financial statements. The most important skills for an account administrator are customer service, data entry, and financial statements.
| Account Analyst | Account Administrator | |
| Yearly salary | $55,829 | $40,149 |
| Hourly rate | $26.84 | $19.30 |
| Growth rate | 6% | 6% |
| Number of jobs | 106,327 | 136,654 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 62% |
| Average age | 44 | 47 |
| Years of experience | 4 | 6 |
Account analysts are responsible for analyzing account statements and financial transactions of an organization, resolving billing discrepancies, and managing account receivables. They assess the company's financial stability and identify opportunities to improve data analysis techniques by adhering to accounting principles and the company's operational protocols. Account analysts prepare financial reports, evaluate accounts payable, assist in tax audits, and release invoices. They should have excellent analytical and communication skills, especially on posting accurate account reports on the database.
An account administrator receives and verifies goods and services billing and requisitions in an organization. Account administrators review and reconcile accounts, maintain up-to-date receipts and invoice records, and process payments to the company's external partners. Often, they need to contact vendors and clients to be able to perform their tasks. They should be equipped with skills in payroll administration, management, and business expertise. There are also tools that they need to be proficient with, such as accounting software and quality management tools.
Account analysts and account administrators have different pay scales, as shown below.
| Account Analyst | Account Administrator | |
| Average salary | $55,829 | $40,149 |
| Salary range | Between $39,000 And $78,000 | Between $29,000 And $54,000 |
| Highest paying City | New York, NY | Freeport, NY |
| Highest paying state | New York | New Jersey |
| Best paying company | Venable | AbbVie |
| Best paying industry | Finance | Technology |
There are a few differences between an account analyst and an account administrator in terms of educational background:
| Account Analyst | Account Administrator | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between account analysts' and account administrators' demographics:
| Account Analyst | Account Administrator | |
| Average age | 44 | 47 |
| Gender ratio | Male, 38.0% Female, 62.0% | Male, 29.4% Female, 70.6% |
| Race ratio | Black or African American, 8.9% Unknown, 4.0% Hispanic or Latino, 11.2% Asian, 12.1% White, 63.4% American Indian and Alaska Native, 0.5% | Black or African American, 9.7% Unknown, 4.7% Hispanic or Latino, 19.2% Asian, 5.3% White, 60.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 8% |