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Account officer vs account administrator

The differences between account officers and account administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an account officer, becoming an account administrator takes usually requires 4-6 years. Additionally, an account officer has an average salary of $55,021, which is higher than the $40,149 average annual salary of an account administrator.

The top three skills for an account officer include payroll, KYC and external auditors. The most important skills for an account administrator are customer service, data entry, and financial statements.

Account officer vs account administrator overview

Account OfficerAccount Administrator
Yearly salary$55,021$40,149
Hourly rate$26.45$19.30
Growth rate17%6%
Number of jobs135,559136,654
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 62%
Average age4647
Years of experience86

Account officer vs account administrator salary

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

Account OfficerAccount Administrator
Average salary$55,021$40,149
Salary rangeBetween $37,000 And $80,000Between $29,000 And $54,000
Highest paying CityNew York, NYFreeport, NY
Highest paying stateNew YorkNew Jersey
Best paying companyCitiAbbVie
Best paying industryEnergyTechnology

Differences between account officer and account administrator education

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

Account OfficerAccount Administrator
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 62%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account officer vs account administrator demographics

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

Account OfficerAccount Administrator
Average age4647
Gender ratioMale, 56.6% Female, 43.4%Male, 29.4% Female, 70.6%
Race ratioBlack or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3%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 Percentage11%8%

Differences between account officer and account administrator duties and responsibilities

Account officer example responsibilities.

  • Develop RFP responses and consistently demonstrate flawless execution to achieve continual growth in each account.
  • Perform payroll function such as maintaining timekeeping information, processing and submitting payroll.
  • Maintain staff payroll and ensure early remittance of statutory deductions to the relevant authorities.
  • Secure a promotion within one year by assuming journal entry and basic reconciliations responsibilities in addition to already performing AP functions.
  • Perform charge corrections on specific accounts requiring ICD-9 coding changes.
  • Review patient's explanation of benefits (EOB) to determine the specific financial obligation.
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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.
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Account officer vs account administrator skills

Common account officer skills
  • Payroll, 8%
  • KYC, 7%
  • External Auditors, 7%
  • General Ledger Accounts, 7%
  • Loan Applications, 6%
  • Real Estate, 6%
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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