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Administrative & finance manager vs office manager

The differences between administrative & finance managers and office 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 office manager takes usually requires 4-6 years. Additionally, an administrative & finance manager has an average salary of $76,989, which is higher than the $43,395 average annual salary of an office manager.

The top three skills for an administrative & finance manager include payroll processing, human resources and oversight. The most important skills for an office manager are customer service, patients, and financial statements.

Administrative & finance manager vs office manager overview

Administrative & Finance ManagerOffice Manager
Yearly salary$76,989$43,395
Hourly rate$37.01$20.86
Growth rate17%-8%
Number of jobs143,10953,712
Job satisfaction-5
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 44%
Average age4647
Years of experience86

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 an office manager do?

Office managers oversee the entire workplace. They maintain office processes and services to ensure that everything is running well. They manage office supplies by managing inventory and procurement procedures. They also device filing systems, create needed and relevant office policies, and ensure that all the policies are being followed. As a way to make sure that the office is in top shape, office managers supervise most of the logistical aspects inside the office. They also provide support to both management teams and the rest of the employees. They often act as the bridge between the two and would sometimes even assist in the training of new employees.

Administrative & finance manager vs office manager salary

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

Administrative & Finance ManagerOffice Manager
Average salary$76,989$43,395
Salary rangeBetween $55,000 And $107,000Between $30,000 And $62,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkNew York
Best paying companyMetaMoody's
Best paying industryInsuranceConstruction

Differences between administrative & finance manager and office manager education

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

Administrative & Finance ManagerOffice Manager
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaCalifornia State University - Bakersfield

Administrative & finance manager vs office manager demographics

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

Administrative & Finance ManagerOffice Manager
Average age4647
Gender ratioMale, 50.7% Female, 49.3%Male, 13.5% Female, 86.5%
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, 10.4% Unknown, 4.7% Hispanic or Latino, 18.4% Asian, 5.2% White, 60.7% American Indian and Alaska Native, 0.6%
LGBT Percentage11%8%

Differences between administrative & finance manager and office manager 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

Office manager example responsibilities.

  • Manage international team development of RFP for new MPLS global network services.
  • Produce around $100k month sales/ billings, AIA documents, and manage customer accounts.
  • Monitor and manage the HVAC environment and nightly office cleaning performance for maximum comfort, appearance and functionality.
  • Manage PMO office functions including creation of strategic plan, marketing of services, and resource and project planning.
  • Manage production of an RFP to source $60m in software and services and manage a subset of the subsequent implementation.
  • Manage daily functions and systems to ensure patients receive appropriate accommodations under HIPAA guidelines.
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Administrative & finance manager vs office manager skills

Common administrative & finance manager skills
  • Payroll Processing, 10%
  • Human Resources, 7%
  • Oversight, 7%
  • Administrative Procedures, 6%
  • Financial Management, 5%
  • Financial Analysis, 5%
Common office manager skills
  • Customer Service, 19%
  • Patients, 13%
  • Financial Statements, 6%
  • Office Operations, 4%
  • Office Equipment, 4%
  • Scheduling Appointments, 4%

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