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Charge bookkeeper vs finance assistant

The differences between charge bookkeepers and finance assistants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a charge bookkeeper, becoming a finance assistant takes usually requires 1-2 years. Additionally, a charge bookkeeper has an average salary of $46,615, which is higher than the $37,926 average annual salary of a finance assistant.

The top three skills for a charge bookkeeper include reconciliations, payroll tax returns and balance sheet. The most important skills for a finance assistant are customer service, data entry, and payroll.

Charge bookkeeper vs finance assistant overview

Charge BookkeeperFinance Assistant
Yearly salary$46,615$37,926
Hourly rate$22.41$18.23
Growth rate-5%-8%
Number of jobs27,542118,749
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 59%
Average age5150
Years of experience62

What does a charge bookkeeper do?

A full charge bookkeeper's primary job is to manage and handle all the accounts of a small or medium-sized business. They are responsible for overseeing the accounting duties for a company, including billing customers, preparing bank statements and tax returns, and processing timesheets. Also, a full charge bookkeeper collates and enters vendor expenses, maintains the ledger's accuracy, and process accounts receivables. There are specific requirements you should meet to become a successful full charge bookkeeper, such as having a bachelor's degree in accounting, previous work experience as a charge bookkeeper, and bookkeeping certification.

What does a finance assistant do?

A finance assistant is responsible for supporting the financial department with daily operations by doing administrative and clerical tasks as needed. Finance assistants' duties include sorting financial records, updating account spreadsheets, assisting on bank statements reconciliation, processing payments, generating an invoice, auditing financial statements, escalating financial discrepancies for review, and reviewing cost analysis reports. A finance assistant must be knowledgeable of the financial industry and accounting processes, as well as have strong analytical and organizational skills.

Charge bookkeeper vs finance assistant salary

Charge bookkeepers and finance assistants have different pay scales, as shown below.

Charge BookkeeperFinance Assistant
Average salary$46,615$37,926
Salary rangeBetween $36,000 And $58,000Between $27,000 And $52,000
Highest paying CitySeattle, WAWashington, DC
Highest paying stateAlaskaConnecticut
Best paying companyThe Carney GroupBoston Consulting Group
Best paying industryConstructionManufacturing

Differences between charge bookkeeper and finance assistant education

There are a few differences between a charge bookkeeper and a finance assistant in terms of educational background:

Charge BookkeeperFinance Assistant
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 59%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Charge bookkeeper vs finance assistant demographics

Here are the differences between charge bookkeepers' and finance assistants' demographics:

Charge BookkeeperFinance Assistant
Average age5150
Gender ratioMale, 13.9% Female, 86.1%Male, 24.9% Female, 75.1%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.3% American Indian and Alaska Native, 0.6%Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7%
LGBT Percentage7%6%

Differences between charge bookkeeper and finance assistant duties and responsibilities

Charge bookkeeper example responsibilities.

  • Accomplish annual workers comp and business liability audits.
  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Handle monthly account reconciliations and oversee and are responsible for quarterly financial reporting to company CPA.
  • Perform a variety of diversify responsibilities including: account management, reconciliations, generating checks, preparing bank deposits.
  • Handle A/P, A/R, G/L, F/S, P/R, reconcile bank statement and customer relations.
  • Support internal, external, and SOX audits.
  • Show more

Finance assistant example responsibilities.

  • Manage finance operations of assign USPS location.
  • Manage patient and insurance account receivables, perform patient account reconciliations, account audits, process insurance billing/correspondence.
  • Maintain cash receipts and disbursement records using QuickBooks and prepare bank reconciliations.
  • Provide emergency Medicaid screening for undocument patients, and perform necessary follow-up calls pertaining to NYC Medicaid applications.
  • Interpret information requests and correspond with patients and agencies in accordance with hospital, state and HIPAA regulations.
  • Schedule appointments, request prior authorization with appropriate CPT and ICD-9 codes, coordinate surgeries, procedures, etc.
  • Show more

Charge bookkeeper vs finance assistant skills

Common charge bookkeeper skills
  • Reconciliations, 17%
  • Payroll Tax Returns, 10%
  • Balance Sheet, 5%
  • Fixed Assets, 5%
  • Excellent Organizational, 5%
  • General Ledger Accounts, 4%
Common finance assistant skills
  • Customer Service, 21%
  • Data Entry, 10%
  • Payroll, 9%
  • Purchase Orders, 6%
  • Financial Assistance, 5%
  • Credit Card, 4%

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