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Charge bookkeeper/office manager vs asset manager

The differences between charge bookkeeper/office managers and asset managers 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/office manager, becoming an asset manager takes usually requires 6-8 years. Additionally, an asset manager has an average salary of $85,814, which is higher than the $52,184 average annual salary of a charge bookkeeper/office manager.

The top three skills for a charge bookkeeper/office manager include reconciliations, general ledger accounts and accounts payables. The most important skills for an asset manager are asset management, financial statements, and property management.

Charge bookkeeper/office manager vs asset manager overview

Charge Bookkeeper/Office ManagerAsset Manager
Yearly salary$52,184$85,814
Hourly rate$25.09$41.26
Growth rate-5%17%
Number of jobs38,09864,732
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 68%
Average age5146
Years of experience68

Charge bookkeeper/office manager vs asset manager salary

Charge bookkeeper/office managers and asset managers have different pay scales, as shown below.

Charge Bookkeeper/Office ManagerAsset Manager
Average salary$52,184$85,814
Salary rangeBetween $41,000 And $65,000Between $59,000 And $123,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Deutsche Bank
Best paying industry-Finance

Differences between charge bookkeeper/office manager and asset manager education

There are a few differences between a charge bookkeeper/office manager and an asset manager in terms of educational background:

Charge Bookkeeper/Office ManagerAsset Manager
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 68%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Charge bookkeeper/office manager vs asset manager demographics

Here are the differences between charge bookkeeper/office managers' and asset managers' demographics:

Charge Bookkeeper/Office ManagerAsset Manager
Average age5146
Gender ratioMale, 8.0% Female, 92.0%Male, 64.3% Female, 35.7%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between charge bookkeeper/office manager and asset manager duties and responsibilities

Charge bookkeeper/office manager example responsibilities.

  • Manage full circle of AP, processing hundreds of invoices each week.
  • Manage procedural implementation for transition of office to HIPPA regulatory compliance and Medicare PQRI guidelines.
  • Generate and analyze AR and AP reports on a weekly basis and report to owner.
  • Oversee the financial operations of the organization including budget preparation, administration, and all balance sheet account reconciliations.
  • Draft all AIA construction contracts and administer same.
  • Record AR checks and follow up outstanding AR.
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Asset manager example responsibilities.

  • Manage and improve the processes require to support server end of life and normal windows patching processes.
  • Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
  • Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
  • Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
  • Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
  • Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.
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Charge bookkeeper/office manager vs asset manager skills

Common charge bookkeeper/office manager skills
  • Reconciliations, 11%
  • General Ledger Accounts, 9%
  • Accounts Payables, 7%
  • Journal Entries, 5%
  • Credit Card Accounts, 5%
  • Purchase Orders, 4%
Common asset manager skills
  • Asset Management, 20%
  • Financial Statements, 7%
  • Property Management, 7%
  • Customer Service, 6%
  • Oversight, 5%
  • Loan Portfolio, 5%

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