Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
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 | Managing Administrator | |
| Yearly salary | $76,989 | $75,025 |
| Hourly rate | $37.01 | $36.07 |
| Growth rate | 17% | 5% |
| Number of jobs | 143,109 | 64,677 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 58% |
| Average age | 46 | 43 |
| Years of experience | 8 | 2 |
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.
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 managers and managing administrators have different pay scales, as shown below.
| Administrative & Finance Manager | Managing Administrator | |
| Average salary | $76,989 | $75,025 |
| Salary range | Between $55,000 And $107,000 | Between $47,000 And $119,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | California |
| Best paying company | Meta | Cornerstone Research |
| Best paying industry | Insurance | Finance |
There are a few differences between an administrative & finance manager and a managing administrator in terms of educational background:
| Administrative & Finance Manager | Managing Administrator | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between administrative & finance managers' and managing administrators' demographics:
| Administrative & Finance Manager | Managing Administrator | |
| Average age | 46 | 43 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 37.6% Female, 62.4% |
| 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, 8.8% Unknown, 5.1% Hispanic or Latino, 12.5% Asian, 8.8% White, 64.4% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 9% |