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Account analyst vs account administrator

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 vs account administrator overview

Account AnalystAccount Administrator
Yearly salary$55,829$40,149
Hourly rate$26.84$19.30
Growth rate6%6%
Number of jobs106,327136,654
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 62%
Average age4447
Years of experience46

What does an account analyst do?

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.

What does an account administrator do?

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 analyst vs account administrator salary

Account analysts and account administrators have different pay scales, as shown below.

Account AnalystAccount Administrator
Average salary$55,829$40,149
Salary rangeBetween $39,000 And $78,000Between $29,000 And $54,000
Highest paying CityNew York, NYFreeport, NY
Highest paying stateNew YorkNew Jersey
Best paying companyVenableAbbVie
Best paying industryFinanceTechnology

Differences between account analyst and account administrator education

There are a few differences between an account analyst and an account administrator in terms of educational background:

Account AnalystAccount Administrator
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account analyst vs account administrator demographics

Here are the differences between account analysts' and account administrators' demographics:

Account AnalystAccount Administrator
Average age4447
Gender ratioMale, 38.0% Female, 62.0%Male, 29.4% Female, 70.6%
Race ratioBlack 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 Percentage7%8%

Differences between account analyst and account administrator duties and responsibilities

Account analyst example responsibilities.

  • Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
  • Prepare and review KYC require documentation for multiple business lines.
  • Prepare weekly payroll through ADP and reconciliation of quarterly payroll taxes and reports.
  • Prepare PowerPoint presentation for CFO to deliver budget report to board and finance committees.
  • Prepare monthly payroll and accompanying journal entries, and process ADP payroll and reconciliation.
  • Consolidate orders going to the same location and submit to warehouse by EDI or fax transmission.
  • Show more

Account administrator example responsibilities.

  • Manage all post-award management activities such as award processing, fund monitoring financial reporting and payroll reconciliation.
  • Post ACH bank deposits via company web portal and/or email remittances provide by the customers.
  • Assist conversion of the accounting system to an ERP system
  • Perform the task of verifying and sending the daily ACH origination files for bank customers.
  • Perform financial account management using QuickBooks.
  • Prepare monthly payroll and statutory tax deduction returns to the regulatory authorities.
  • Show more

Account analyst vs account administrator skills

Common account analyst skills
  • Customer Service, 17%
  • Patients, 11%
  • Financial Statements, 9%
  • Financial Reports, 5%
  • PowerPoint, 4%
  • Reconciliations, 4%
Common account administrator skills
  • Customer Service, 25%
  • Data Entry, 10%
  • Financial Statements, 6%
  • Customer Inquiries, 5%
  • Computer System, 5%
  • Payroll, 5%

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