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The differences between finance/administrative assistants and contract 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 contract administrative assistant. Additionally, a finance/administrative assistant has an average salary of $39,756, which is higher than the $39,073 average annual salary of a contract administrative assistant.
The top three skills for a finance/administrative assistant include data entry, powerpoint and travel arrangements. The most important skills for a contract administrative assistant are data entry, purchase orders, and powerpoint.
| Finance/Administrative Assistant | Contract Administrative Assistant | |
| Yearly salary | $39,756 | $39,073 |
| Hourly rate | $19.11 | $18.79 |
| Growth rate | -8% | -8% |
| Number of jobs | 127,379 | 64,677 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 51% |
| 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 contract administrative assistant works on a contractual basis at offices where they are in charge of performing support tasks. Among their responsibilities include answering calls and correspondence, filing and organizing documents, coordinating with different departments, arranging appointments and schedules, preparing and processing files, and running errands as needed. They may also monitor the inventory of office supplies, processing procurement requests when necessary. Furthermore, a contract administrative assistant must maintain an active communication line with staff for a smooth and efficient workflow.
Finance/administrative assistants and contract administrative assistants have different pay scales, as shown below.
| Finance/Administrative Assistant | Contract Administrative Assistant | |
| Average salary | $39,756 | $39,073 |
| Salary range | Between $29,000 And $52,000 | Between $31,000 And $48,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | TALENT Software Services | Minnesota State Fair |
| Best paying industry | Professional | Pharmaceutical |
There are a few differences between a finance/administrative assistant and a contract administrative assistant in terms of educational background:
| Finance/Administrative Assistant | Contract Administrative Assistant | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 51% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between finance/administrative assistants' and contract administrative assistants' demographics:
| Finance/Administrative Assistant | Contract Administrative Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 12.8% Female, 87.2% | Male, 10.2% Female, 89.8% |
| 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, 16.4% Asian, 3.8% White, 65.9% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |