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The differences between finance/administrative assistants and accounts payable/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 finance/administrative assistant and an accounts payable/administrative assistant. Additionally, an accounts payable/administrative assistant has an average salary of $41,382, which is higher than the $39,756 average annual salary of a finance/administrative assistant.
The top three skills for a finance/administrative assistant include data entry, powerpoint and travel arrangements. The most important skills for an accounts payable/administrative assistant are purchase orders, data entry, and vendor invoices.
| Finance/Administrative Assistant | Accounts Payable/Administrative Assistant | |
| Yearly salary | $39,756 | $41,382 |
| Hourly rate | $19.11 | $19.90 |
| Growth rate | -8% | -8% |
| Number of jobs | 127,379 | 56,780 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 37% |
| Average age | 50 | 50 |
| Years of experience | 2 | 2 |
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.
An accounts payable/administrative assistant works alongside the department head. This position focuses on the administrative side of a budgeting department. They are responsible for organizing a company's financial records, which include all documentation of financial transactions, such as invoices and receipts. They also manage all paperwork needed by their department.
Finance/administrative assistants and accounts payable/administrative assistants have different pay scales, as shown below.
| Finance/Administrative Assistant | Accounts Payable/Administrative Assistant | |
| Average salary | $39,756 | $41,382 |
| Salary range | Between $29,000 And $52,000 | Between $30,000 And $56,000 |
| Highest paying City | Washington, DC | East Providence, RI |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | TALENT Software Services | Gypsum Management and Supply |
| Best paying industry | Professional | Construction |
There are a few differences between a finance/administrative assistant and an accounts payable/administrative assistant in terms of educational background:
| Finance/Administrative Assistant | Accounts Payable/Administrative Assistant | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 37% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance/administrative assistants' and accounts payable/administrative assistants' demographics:
| Finance/Administrative Assistant | Accounts Payable/Administrative Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 12.8% Female, 87.2% | Male, 6.6% Female, 93.4% |
| Race ratio | 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% | Black or African American, 9.2% Unknown, 3.9% Hispanic or Latino, 16.2% Asian, 3.8% White, 66.2% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |