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Billing/administrative assistant vs finance/administrative assistant

The differences between billing/administrative assistants and finance/administrative assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a billing/administrative assistant and a finance/administrative assistant. Additionally, a finance/administrative assistant has an average salary of $39,756, which is higher than the $37,934 average annual salary of a billing/administrative assistant.

The top three skills for a billing/administrative assistant include patients, data entry and customer service. The most important skills for a finance/administrative assistant are data entry, powerpoint, and travel arrangements.

Billing/administrative assistant vs finance/administrative assistant overview

Billing/Administrative AssistantFinance/Administrative Assistant
Yearly salary$37,934$39,756
Hourly rate$18.24$19.11
Growth rate-8%-8%
Number of jobs59,505127,379
Job satisfaction--
Most common degreeBachelor's Degree, 33%Bachelor's Degree, 55%
Average age5050
Years of experience22

What does a billing/administrative assistant do?

A billing/administrative assistant handles various administrative support and billing-related tasks. Their duties usually consist of preparing billing data, overseeing client accounts, and balancing bills. They may also manage calls and correspondence, process documents, organize files and schedules, arrange appointments and meetings, maintain records, and prepare reports and presentations. In some companies, they may also coordinate with internal and external parties, procure supplies, and run errands as necessary. Moreover, a billing/administrative assistant maintains a clear communication line with fellow administrative staff, working together to ensure an efficient workflow.

What does a finance/administrative assistant do?

A finance administrative assistant is responsible for performing clerical duties and basic bookkeeping tasks to support financial operations under the supervision of financial executives. Finance administrative assistants generate financial and business reports, update account information on the database, assist with payroll release, and help the accounting staff in resolving financial discrepancies and disputes. They also reach out to the clients for payments and billing, respond to their inquiries and concerns, and escalate their complaints to the supervisor for immediate resolution.

Billing/administrative assistant vs finance/administrative assistant salary

Billing/administrative assistants and finance/administrative assistants have different pay scales, as shown below.

Billing/Administrative AssistantFinance/Administrative Assistant
Average salary$37,934$39,756
Salary rangeBetween $23,000 And $59,000Between $29,000 And $52,000
Highest paying CityEast Brunswick, NJWashington, DC
Highest paying stateConnecticutConnecticut
Best paying companyHaystack Information DiscoveryTALENT Software Services
Best paying industryInsuranceProfessional

Differences between billing/administrative assistant and finance/administrative assistant education

There are a few differences between a billing/administrative assistant and a finance/administrative assistant in terms of educational background:

Billing/Administrative AssistantFinance/Administrative Assistant
Most common degreeBachelor's Degree, 33%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Billing/administrative assistant vs finance/administrative assistant demographics

Here are the differences between billing/administrative assistants' and finance/administrative assistants' demographics:

Billing/Administrative AssistantFinance/Administrative Assistant
Average age5050
Gender ratioMale, 7.8% Female, 92.2%Male, 12.8% Female, 87.2%
Race ratioBlack or African American, 9.2% Unknown, 3.9% Hispanic or Latino, 16.1% Asian, 3.8% White, 66.3% American Indian and Alaska Native, 0.7%Black or African American, 9.4% Unknown, 3.9% Hispanic or Latino, 16.4% Asian, 3.8% White, 65.8% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between billing/administrative assistant and finance/administrative assistant duties and responsibilities

Billing/administrative assistant example responsibilities.

  • Orchestrate special events and reservations; manage customer relations and provide exemplary service to all customers.
  • Code diagnoses and procedures to the highest level of specificity using correct ICD-9, CPT codes and modifiers.
  • Complete forms/requisitions as needed; call patients to reschedule/schedule appointments; verifying insurance coverage and patient demographics.
  • Clarify and verify insurance coverage with private or government carriers and offers information to patients before medical services are provide.
  • Keep all employees up to date on changes in HIPPA OSHA and local medical regulation.
  • Field hundreds of daily inquires from numerous medical offices and insurance agencies regarding patient records, while maintaining HIPAA compliance regulations.
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Finance/administrative assistant example responsibilities.

  • Initiate both domestic and international wire transfers as well as ACH payments to manage vendor payments.
  • Manage all AR, AP, sales orders, work orders, and prepay inventory reconciliation.
  • Orchestrate special events and reservations; manage customer relations and provide exemplary service to all customers.
  • Alphabetize, sort, files FAFSA's code, and assemble letters for mass mailing.
  • Help students and officials file and summit FAFSA application forms and develop and maintain spreadsheets for documenting cases.
  • Process accounts payable and receivable utilizing QuickBooks.
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Billing/administrative assistant vs finance/administrative assistant skills

Common billing/administrative assistant skills
  • Patients, 19%
  • Data Entry, 10%
  • Customer Service, 7%
  • Payroll, 4%
  • Scheduling Appointments, 4%
  • Medicaid, 4%
Common finance/administrative assistant skills
  • Data Entry, 11%
  • PowerPoint, 10%
  • Travel Arrangements, 7%
  • Purchase Orders, 6%
  • Financial Aid, 5%
  • Expense Reports, 5%

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