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Administrative & finance manager vs managing administrator

The differences between administrative & finance managers and managing 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 administrative & finance manager, becoming a managing administrator takes usually requires 1-2 years. Additionally, an administrative & finance manager has an average salary of $76,989, which is higher than the $75,025 average annual salary of a managing administrator.

The top three skills for an administrative & finance manager include payroll processing, human resources and oversight. The most important skills for a managing administrator are oversight, administrative functions, and payroll.

Administrative & finance manager vs managing administrator overview

Administrative & Finance ManagerManaging Administrator
Yearly salary$76,989$75,025
Hourly rate$37.01$36.07
Growth rate17%5%
Number of jobs143,10964,677
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 58%
Average age4643
Years of experience82

What does an administrative & finance manager do?

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.

What does a managing administrator do?

A managing administrator is responsible for monitoring business operations by ensuring the efficiency of administrative functions, delegating tasks to administrative staff, and tracking project deliverables. Managing administrators respond to the clients' inquiries and complaints, directing them to appropriate personnel to address their concerns. They also handle the budget for the administrative department, allocating adequate resources, and maintaining the office inventory. A managing administrator must have excellent communication and leadership skills, especially on training new staff and teaching best practices for maximum productivity.

Administrative & finance manager vs managing administrator salary

Administrative & finance managers and managing administrators have different pay scales, as shown below.

Administrative & Finance ManagerManaging Administrator
Average salary$76,989$75,025
Salary rangeBetween $55,000 And $107,000Between $47,000 And $119,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyMetaCornerstone Research
Best paying industryInsuranceFinance

Differences between administrative & finance manager and managing administrator education

There are a few differences between an administrative & finance manager and a managing administrator in terms of educational background:

Administrative & Finance ManagerManaging Administrator
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Administrative & finance manager vs managing administrator demographics

Here are the differences between administrative & finance managers' and managing administrators' demographics:

Administrative & Finance ManagerManaging Administrator
Average age4643
Gender ratioMale, 50.7% Female, 49.3%Male, 37.6% Female, 62.4%
Race ratioBlack 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, 8.8% Unknown, 5.1% Hispanic or Latino, 12.5% Asian, 8.8% White, 64.4% American Indian and Alaska Native, 0.3%
LGBT Percentage11%9%

Differences between administrative & finance manager and managing administrator duties and responsibilities

Administrative & finance manager example responsibilities.

  • Manage payroll and organizational projects using QuickBooks for non-profits.
  • Process bi-weekly payroll utilizing QuickBooks and manage financial and clinical performance.
  • Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
  • Prepare monthly and annual financial statements along with supporting schedules resulting in minimal follow up by external CPA's.
  • Work closely with the CPA firm to ensure proper income tax filing and keep the company books flowing smoothly.
  • Direct ERP system implementation, establish beginning balances and database information, and train users on applications and requirements.
  • Show more

Managing administrator example responsibilities.

  • Administer the intranet portal; manage HTML e-mail templates and campaigns.
  • Manage the CMS review and approval process of all marketing & other beneficiary collateral.
  • Manage unit HRIS and PC-III (Unix base system) and provide and/or remove access to.
  • Manage QA teams to develop application migration testing scenarios.
  • Create and manage a repository of group presentations and documents.
  • Manage quality assurance testing of new functionality including preparing and validating QA test cases.
  • Show more

Administrative & finance manager vs managing administrator skills

Common administrative & finance manager skills
  • Payroll Processing, 10%
  • Human Resources, 7%
  • Oversight, 7%
  • Administrative Procedures, 6%
  • Financial Management, 5%
  • Financial Analysis, 5%
Common managing administrator skills
  • Oversight, 18%
  • Administrative Functions, 16%
  • Payroll, 14%
  • Customer Service, 7%
  • Salesforce, 4%
  • Project Management, 3%

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