Finance administrator vs administrative & finance manager

The differences between finance administrators and administrative & finance managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a finance administrator and an administrative & finance manager. Additionally, an administrative & finance manager has an average salary of $76,989, which is higher than the $55,541 average annual salary of a finance administrator.

The top three skills for a finance administrator include customer service, financial aid and powerpoint. The most important skills for an administrative & finance manager are payroll processing, human resources, and oversight.

Finance administrator vs administrative & finance manager overview

	Finance Administrator	Administrative & Finance Manager
Yearly salary	$55,541	$76,989
Hourly rate	$26.70	$37.01
Growth rate	17%	17%
Number of jobs	130,256	143,109
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 63%
Average age	46	46
Years of experience	8	8

What does a finance administrator do?

A finance administrator is responsible for supporting the financial operations of an organization, handling the accuracy of financial transactions, and resolving discrepancies in the company's financial statements. Finance administrators analyze the company's financial performance, including its losses and revenues, writing financial reports, and providing recommendations for cost-reduction processes to minimize financial risks. They also handle the allocation of departmental budgets, assist in tax audits, and process invoices and payroll release. A finance administrator must have excellent analytical skills and an extensive knowledge of the financial industry.

What does an administrative & finance manager do?

An administrative and finance manager handles a company's expenditures, requests, invoices, and other financial documentation. Their primary duty is to oversee a finance team's daily work. Additionally, they must coordinate financial staff, ensure that orders from management are carried out, complete the company's financial statements, and provide tax data for the legal department.

Finance administrator vs administrative & finance manager salary

Finance administrators and administrative & finance managers have different pay scales, as shown below.

	Finance Administrator	Administrative & Finance Manager
Average salary	$55,541	$76,989
Salary range	Between $38,000 And $80,000	Between $55,000 And $107,000
Highest paying City	Dover, DE	New York, NY
Highest paying state	Delaware	New York
Best paying company	State Street	Meta
Best paying industry	Manufacturing	Insurance

Differences between finance administrator and administrative & finance manager education

There are a few differences between a finance administrator and an administrative & finance manager in terms of educational background:

	Finance Administrator	Administrative & Finance Manager
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 63%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Finance administrator vs administrative & finance manager demographics

Here are the differences between finance administrators' and administrative & finance managers' demographics:

	Finance Administrator	Administrative & Finance Manager
Average age	46	46
Gender ratio	Male, 29.3% Female, 70.7%	Male, 50.7% Female, 49.3%
Race ratio	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%	Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between finance administrator and administrative & finance manager duties and responsibilities

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.

Administrative & finance manager example responsibilities.

Manage payroll and organizational projects using QuickBooks for non-profits.
Process bi-weekly payroll utilizing QuickBooks and manage financial and clinical performance.
Manage accounts payable/receivable, deposits, payroll preparation, purchasing and inventory management, liaison to accountant.
Prepare monthly and annual financial statements along with supporting schedules resulting in minimal follow up by external CPA's.
Work closely with the CPA firm to ensure proper income tax filing and keep the company books flowing smoothly.
Direct ERP system implementation, establish beginning balances and database information, and train users on applications and requirements.

Finance administrator vs administrative & finance manager skills

Common finance administrator skills

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

Common administrative & finance manager skills

Payroll Processing, 10%
Human Resources, 7%
Oversight, 7%
Administrative Procedures, 6%
Financial Management, 5%
Financial Analysis, 5%

Finance Administrator vs. similar jobs

Finance Administrator related careers

Finance Administrator related jobs

What similar roles do

Zippia Careers
Executive Management Industry
Finance Administrator
Finance Administrator vs Administrative & Finance Manager

Updated January 8, 2025

Browse executive management jobs