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Chief administrative officer vs administrative & finance manager

The differences between chief administrative officers and administrative & finance managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a chief administrative officer, becoming an administrative & finance manager takes usually requires 6-8 years. Additionally, a chief administrative officer has an average salary of $174,185, which is higher than the $76,989 average annual salary of an administrative & finance manager.

The top three skills for a chief administrative officer include human resources, oversight and financial management. The most important skills for an administrative & finance manager are payroll processing, human resources, and oversight.

Chief administrative officer vs administrative & finance manager overview

Chief Administrative OfficerAdministrative & Finance Manager
Yearly salary$174,185$76,989
Hourly rate$83.74$37.01
Growth rate7%17%
Number of jobs123,074143,109
Job satisfaction5-
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 63%
Average age5046
Years of experience28

What does a chief administrative officer do?

A chief administrative officer's responsibilities revolve around overseeing the company's daily operations, ensuring efficiency and smooth workflow. They typically devise strategies to improve workforce performance, perform research and analysis to identify new business opportunities, prepare progress and financial reports, delegate tasks to department managers, and set objectives for them to uphold. Furthermore, as a chief administrative officer, it is essential to lead and encourage different departments to reach goals, all while implementing the company's policies and regulations, recommending new ones as needed.

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.

Chief administrative officer vs administrative & finance manager salary

Chief administrative officers and administrative & finance managers have different pay scales, as shown below.

Chief Administrative OfficerAdministrative & Finance Manager
Average salary$174,185$76,989
Salary rangeBetween $109,000 And $277,000Between $55,000 And $107,000
Highest paying CityChicago, ILNew York, NY
Highest paying stateVermontNew York
Best paying companyBon Secours Community HospitalMeta
Best paying industryHealth CareInsurance

Differences between chief administrative officer and administrative & finance manager education

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

Chief Administrative OfficerAdministrative & Finance Manager
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Chief administrative officer vs administrative & finance manager demographics

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

Chief Administrative OfficerAdministrative & Finance Manager
Average age5046
Gender ratioMale, 54.9% Female, 45.1%Male, 50.7% Female, 49.3%
Race ratioBlack or African American, 10.1% Unknown, 4.3% Hispanic or Latino, 13.9% Asian, 4.3% White, 66.8% American Indian and Alaska Native, 0.5%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%
LGBT Percentage5%11%

Differences between chief administrative officer and administrative & finance manager duties and responsibilities

Chief administrative officer example responsibilities.

  • Manage and maintain database (FMP), sales sheets and track windows.
  • Manage and supervise the accounting and bookkeeping functions including budgeting, payroll and inventory.
  • Coordinate outside CPA review and year-end closing.
  • Develop systematic procedures for the effective use of the ERP system.
  • Review and report survey feedback findings to state Medicaid and other agencies, utilizing information to make call center improvements.
  • Implement major ERP software project enhancements design to further streamline operations.
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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.
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Chief administrative officer vs administrative & finance manager skills

Common chief administrative officer skills
  • Human Resources, 12%
  • Oversight, 11%
  • Financial Management, 8%
  • Payroll, 5%
  • Risk Management, 5%
  • Strategic Direction, 4%
Common administrative & finance manager skills
  • Payroll Processing, 10%
  • Human Resources, 7%
  • Oversight, 7%
  • Administrative Procedures, 6%
  • Financial Management, 5%
  • Financial Analysis, 5%

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