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Finance/administrative assistant vs associate administrative assistant

The differences between finance/administrative assistants and associate 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 associate administrative assistant. Additionally, an associate administrative assistant has an average salary of $46,939, 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 associate administrative assistant are customer service, data entry, and powerpoint.

Finance/administrative assistant vs associate administrative assistant overview

Finance/Administrative AssistantAssociate Administrative Assistant
Yearly salary$39,756$46,939
Hourly rate$19.11$22.57
Growth rate-8%-8%
Number of jobs127,37957,908
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 52%
Average age5050
Years of experience22

What does a finance/administrative assistant do?

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.

What does an associate administrative assistant do?

An associate administrative assistant is responsible for performing administrative and clerical duties to support the business operations, ensuring the timely submission of deliverables. Associate administrative assistants work closely with the financial department, especially on organizing financial reports, issuing invoices, verifying time sheets for payroll purposes, and releasing petty cash. They also manage meeting and conference schedules, coordinate with suppliers and third-party vendors for inventories, and sort documents for reference. An associate administrative assistant must have excellent communication and organization skills, as well as the knowledge of the data processing procedures to update information and track business transactions within the database.

Finance/administrative assistant vs associate administrative assistant salary

Finance/administrative assistants and associate administrative assistants have different pay scales, as shown below.

Finance/Administrative AssistantAssociate Administrative Assistant
Average salary$39,756$46,939
Salary rangeBetween $29,000 And $52,000Between $28,000 And $77,000
Highest paying CityWashington, DCBeverly, MA
Highest paying stateConnecticutConnecticut
Best paying companyTALENT Software ServicesJPMorgan Chase & Co.
Best paying industryProfessional-

Differences between finance/administrative assistant and associate administrative assistant education

There are a few differences between a finance/administrative assistant and an associate administrative assistant in terms of educational background:

Finance/Administrative AssistantAssociate Administrative Assistant
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Finance/administrative assistant vs associate administrative assistant demographics

Here are the differences between finance/administrative assistants' and associate administrative assistants' demographics:

Finance/Administrative AssistantAssociate Administrative Assistant
Average age5050
Gender ratioMale, 12.8% Female, 87.2%Male, 24.4% Female, 75.6%
Race ratioBlack 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, 9.3% Unknown, 3.9% Hispanic or Latino, 16.2% Asian, 3.8% White, 66.1% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between finance/administrative assistant and associate administrative assistant duties and responsibilities

Finance/administrative assistant example responsibilities.

  • Initiate both domestic and international wire transfers as well as ACH payments to manage vendor payments.
  • Manage all AR, AP, sales orders, work orders, and prepay inventory reconciliation.
  • Orchestrate special events and reservations; manage customer relations and provide exemplary service to all customers.
  • Alphabetize, sort, files FAFSA's code, and assemble letters for mass mailing.
  • Help students and officials file and summit FAFSA application forms and develop and maintain spreadsheets for documenting cases.
  • Process accounts payable and receivable utilizing QuickBooks.
  • Show more

Associate administrative assistant example responsibilities.

  • Direct correspondence and communications, monitoring emails and phone calls and managing social media and online presence on Facebook and website.
  • Support medical doctors, manage sensitive and confidential records pertaining to high risk patients with emphasis on accuracy.
  • Reconcile credit card purchases and identify and resolve all payroll discrepancies.
  • Post photos of available properties on company's Facebook page.
  • Prepare spreadsheets, PowerPoint presentations and documentation.
  • Create spreadsheet to calculate payroll information collect from audit to determine findings.
  • Show more

Finance/administrative assistant vs associate administrative assistant skills

Common finance/administrative assistant skills
  • Data Entry, 11%
  • PowerPoint, 10%
  • Travel Arrangements, 7%
  • Purchase Orders, 6%
  • Financial Aid, 5%
  • Expense Reports, 5%
Common associate administrative assistant skills
  • Customer Service, 13%
  • Data Entry, 10%
  • PowerPoint, 7%
  • Financial Reports, 5%
  • Payroll, 5%
  • Travel Arrangements, 5%

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