Credit administration manager vs finance administrator

The differences between credit administration managers and finance administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a credit administration manager and a finance administrator. Additionally, a credit administration manager has an average salary of $148,487, which is higher than the $55,541 average annual salary of a finance administrator.

The top three skills for a credit administration manager include risk management, powerpoint and credit decisions. The most important skills for a finance administrator are customer service, financial aid, and powerpoint.

Credit administration manager vs finance administrator overview

	Credit Administration Manager	Finance Administrator
Yearly salary	$148,487	$55,541
Hourly rate	$71.39	$26.70
Growth rate	17%	17%
Number of jobs	41,610	130,256
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 61%
Average age	46	46
Years of experience	8	8

Credit administration manager vs finance administrator salary

Credit administration managers and finance administrators have different pay scales, as shown below.

	Credit Administration Manager	Finance Administrator
Average salary	$148,487	$55,541
Salary range	Between $94,000 And $233,000	Between $38,000 And $80,000
Highest paying City	-	Dover, DE
Highest paying state	-	Delaware
Best paying company	-	State Street
Best paying industry	-	Manufacturing

Differences between credit administration manager and finance administrator education

There are a few differences between a credit administration manager and a finance administrator in terms of educational background:

	Credit Administration Manager	Finance Administrator
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 61%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Credit administration manager vs finance administrator demographics

Here are the differences between credit administration managers' and finance administrators' demographics:

	Credit Administration Manager	Finance Administrator
Average age	46	46
Gender ratio	Male, 43.4% Female, 56.6%	Male, 29.3% Female, 70.7%
Race ratio	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 8.3% White, 63.9% American Indian and Alaska Native, 0.3%	Black or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.2% White, 63.9% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between credit administration manager and finance administrator duties and responsibilities

Credit administration manager example responsibilities.

Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
Maintain compliance with SOX compliance controls with an annual review and update.
Participate in structuring terms and reviewing legal documents for derivative transactions, letters of credit, and liquidity facilities.

Finance administrator example responsibilities.

Manage the design and implementation of appropriate controls as per Sarbanes-Oxley (SOX) and internal corporate procedures.
Manage key logistics and secure necessary resources within budget constraints.
Monitor all transactions in assign inventory finance portfolio to manage invoice funding approval decision.
Do A/P, A/R and G/L.
Prepare daily, weekly and monthly reports including fund loans, commissions, titles, A/P & A/R.
Assist families with Medicaid applications.

Credit administration manager vs finance administrator skills

Common credit administration manager skills

Risk Management, 18%
PowerPoint, 17%
Credit Decisions, 13%
Origination, 12%
Credit Risk, 11%
Loan Documentation, 4%

Common finance administrator skills

Customer Service, 17%
Financial Aid, 12%
PowerPoint, 7%
Rehabilitation, 7%
Balance Sheet, 4%
Human Resources, 4%

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Credit Administration Manager
Credit Administration Manager vs Finance Administrator

Updated January 8, 2025

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