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The differences between accountant assistants and finance assistants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an accountant assistant, becoming a finance assistant takes usually requires 1-2 years. Additionally, an accountant assistant has an average salary of $40,537, which is higher than the $37,926 average annual salary of a finance assistant.
The top three skills for an accountant assistant include customer service, data entry and payroll taxes. The most important skills for a finance assistant are customer service, data entry, and payroll.
| Accountant Assistant | Finance Assistant | |
| Yearly salary | $40,537 | $37,926 |
| Hourly rate | $19.49 | $18.23 |
| Growth rate | 6% | -8% |
| Number of jobs | 63,247 | 118,749 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 59% |
| Average age | 44 | 50 |
| Years of experience | 4 | 2 |
An accountant assistant is responsible for assisting the operations of a finance department, performing administrative and clerical tasks as advised. Accountant assistants create budget reports, process invoices, and manage accounts receivable. They also document purchase orders, monitor the payroll release, complete bank reconciliations, update the company's account statements and escalate discrepancies, assist with audit preparations, and sort financial documents. An accountant assistant must be familiar with the accounting processes and financial industry, as well as have strong analytical and time-management skills to perform tasks under minimal supervision.
A finance assistant is responsible for supporting the financial department with daily operations by doing administrative and clerical tasks as needed. Finance assistants' duties include sorting financial records, updating account spreadsheets, assisting on bank statements reconciliation, processing payments, generating an invoice, auditing financial statements, escalating financial discrepancies for review, and reviewing cost analysis reports. A finance assistant must be knowledgeable of the financial industry and accounting processes, as well as have strong analytical and organizational skills.
Accountant assistants and finance assistants have different pay scales, as shown below.
| Accountant Assistant | Finance Assistant | |
| Average salary | $40,537 | $37,926 |
| Salary range | Between $28,000 And $58,000 | Between $27,000 And $52,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Rodeo Realty | Boston Consulting Group |
| Best paying industry | Professional | Manufacturing |
There are a few differences between an accountant assistant and a finance assistant in terms of educational background:
| Accountant Assistant | Finance Assistant | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 59% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accountant assistants' and finance assistants' demographics:
| Accountant Assistant | Finance Assistant | |
| Average age | 44 | 50 |
| Gender ratio | Male, 24.9% Female, 75.1% | Male, 24.9% Female, 75.1% |
| Race ratio | Black or African American, 7.8% Unknown, 3.9% Hispanic or Latino, 10.1% Asian, 16.8% White, 60.9% American Indian and Alaska Native, 0.5% | Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 7% | 6% |