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The differences between finance/administrative assistants and business 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 a business administrative assistant. Additionally, a finance/administrative assistant has an average salary of $39,756, which is higher than the $38,994 average annual salary of a business administrative assistant.
The top three skills for a finance/administrative assistant include data entry, powerpoint and travel arrangements. The most important skills for a business administrative assistant are powerpoint, data entry, and provides administrative support.
| Finance/Administrative Assistant | Business Administrative Assistant | |
| Yearly salary | $39,756 | $38,994 |
| Hourly rate | $19.11 | $18.75 |
| Growth rate | -8% | -8% |
| Number of jobs | 127,379 | 101,678 |
| Job satisfaction | - | 2 |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 55% |
| 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.
A business administrative assistant is responsible for performing administrative and clerical duties to support business functions and operations. Business administrative assistants manage day-to-day business transactions by responding to clients' emails and phone calls, greeting guests, filing and submitting reports, scheduling appointments and business travels, monitoring inventories, and sending out communications across the organization as needed. They also operate the data management system for customer and client information reference by following strict protocols and data protection procedures.
Finance/administrative assistants and business administrative assistants have different pay scales, as shown below.
| Finance/Administrative Assistant | Business Administrative Assistant | |
| Average salary | $39,756 | $38,994 |
| Salary range | Between $29,000 And $52,000 | Between $28,000 And $54,000 |
| Highest paying City | Washington, DC | Berkeley, CA |
| Highest paying state | Connecticut | California |
| Best paying company | TALENT Software Services | Goldman Sachs |
| Best paying industry | Professional | Finance |
There are a few differences between a finance/administrative assistant and a business administrative assistant in terms of educational background:
| Finance/Administrative Assistant | Business Administrative Assistant | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between finance/administrative assistants' and business administrative assistants' demographics:
| Finance/Administrative Assistant | Business Administrative Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 12.8% Female, 87.2% | Male, 12.2% Female, 87.8% |
| 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, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 65.9% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |