Finance administrator vs executive administrator

The differences between finance administrators and executive administrators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a finance administrator, becoming an executive administrator takes usually requires 2-4 years. Additionally, a finance administrator has an average salary of $55,541, which is higher than the $52,855 average annual salary of an executive administrator.

The top three skills for a finance administrator include customer service, financial aid and powerpoint. The most important skills for an executive administrator are powerpoint, customer service, and expense reports.

Finance administrator vs executive administrator overview

	Finance Administrator	Executive Administrator
Yearly salary	$55,541	$52,855
Hourly rate	$26.70	$25.41
Growth rate	17%	-8%
Number of jobs	130,256	141,235
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 54%
Average age	46	49
Years of experience	8	4

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 executive administrator do?

An executive administrator is responsible for assisting the senior management staff in planning strategies and analyzing business decisions to achieve the company's goals and objectives. Executive administrators schedule meetings and handle appointments, as well as helping with the implementation of training and programs for the employees to reach their maximum operational potential and increase productivity to meet projects' demands and ensure the highest customer satisfaction. They must have exceptional time-management and organizational skills, especially on performing administrative and clerical duties as needed, as well as excellent communication skills to respond to clients' inquiries, concerns, and requests.

Finance administrator vs executive administrator salary

Finance administrators and executive administrators have different pay scales, as shown below.

	Finance Administrator	Executive Administrator
Average salary	$55,541	$52,855
Salary range	Between $38,000 And $80,000	Between $35,000 And $77,000
Highest paying City	Dover, DE	Seattle, WA
Highest paying state	Delaware	New York
Best paying company	State Street	JPMorgan Chase & Co.
Best paying industry	Manufacturing	Technology

Differences between finance administrator and executive administrator education

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

	Finance Administrator	Executive Administrator
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 54%
Most common major	Business	Business
Most common college	University of Pennsylvania	Western Carolina University

Finance administrator vs executive administrator demographics

Here are the differences between finance administrators' and executive administrators' demographics:

	Finance Administrator	Executive Administrator
Average age	46	49
Gender ratio	Male, 29.3% Female, 70.7%	Male, 14.8% Female, 85.2%
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, 7.6% Unknown, 4.8% Hispanic or Latino, 11.2% Asian, 5.0% White, 71.0% American Indian and Alaska Native, 0.4%
LGBT Percentage	11%	10%

Differences between finance administrator and executive administrator 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.

Executive administrator example responsibilities.

Manage grant funding from NIH, HRSA, and private foundations.
Manage on-site nursing services deliver to patients; oversee billing and supervise on-site personnel.
Manage day-to-day human resource functions: maintain HRIS database, conduct new employee orientation, and benefits administration.
Manage 200 staff personnel (145 FTE's), consisting of 15 classifications, two unions and exempt personnel.
Develop twitter marketing landing pages, manage and maintain social marketing sites, blogs, and constant contact marketing efforts.
Achieve JCAHO accreditation for ambulatory care facilities.

Finance administrator vs executive administrator skills

Common finance administrator skills

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

Common executive administrator skills

PowerPoint, 10%
Customer Service, 9%
Expense Reports, 7%
Office Procedures, 6%
Payroll, 5%
Data Entry, 5%

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Finance Administrator
Finance Administrator vs Executive Administrator

Updated January 8, 2025

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