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The differences between administrative & finance managers and assistant managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become an administrative & finance manager, becoming an assistant manager takes usually requires 4-6 years. Additionally, an administrative & finance manager has an average salary of $76,989, which is higher than the $39,127 average annual salary of an assistant manager.
The top three skills for an administrative & finance manager include payroll processing, human resources and oversight. The most important skills for an assistant manager are paperwork, cleanliness, and customer service.
| Administrative & Finance Manager | Assistant Manager | |
| Yearly salary | $76,989 | $39,127 |
| Hourly rate | $37.01 | $18.81 |
| Growth rate | 17% | 6% |
| Number of jobs | 143,109 | 566,132 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 42% |
| Average age | 46 | 44 |
| Years of experience | 8 | 6 |
An administrative and finance manager handles a company's expenditures, requests, invoices, and other financial documentation. Their primary duty is to oversee a finance team's daily work. Additionally, they must coordinate financial staff, ensure that orders from management are carried out, complete the company's financial statements, and provide tax data for the legal department.
An assistant manager provides assistance and support to the direct manager in ensuring that the business runs smoothly with guaranteed satisfaction. An associate manager helps organize daily projects and manages employees to make sure that tasks are being done in a timely and accurate manner. Assistant managers are also expected to develop a good relationship with the whole workforce and clients to contribute to a successful and healthy workplace. An assistant manager is also required to present practical strategies for business growth, monitor daily operations, and communicate with clients for any possible suggestions and complaints.
Administrative & finance managers and assistant managers have different pay scales, as shown below.
| Administrative & Finance Manager | Assistant Manager | |
| Average salary | $76,989 | $39,127 |
| Salary range | Between $55,000 And $107,000 | Between $23,000 And $64,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New Jersey |
| Best paying company | Meta | Simpson Thacher & Bartlett |
| Best paying industry | Insurance | Finance |
There are a few differences between an administrative & finance manager and an assistant manager in terms of educational background:
| Administrative & Finance Manager | Assistant Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 42% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between administrative & finance managers' and assistant managers' demographics:
| Administrative & Finance Manager | Assistant Manager | |
| Average age | 46 | 44 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 42.0% Female, 58.0% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 10% |