Finance administrator vs office administrator

The differences between finance administrators and office 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 office administrator takes usually requires 1-2 years. Additionally, a finance administrator has an average salary of $55,541, which is higher than the $37,423 average annual salary of an office administrator.

The top three skills for a finance administrator include customer service, financial aid and powerpoint. The most important skills for an office administrator are customer service, patients, and data entry.

Finance administrator vs office administrator overview

	Finance Administrator	Office Administrator
Yearly salary	$55,541	$37,423
Hourly rate	$26.70	$17.99
Growth rate	17%	-5%
Number of jobs	130,256	118,096
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 48%
Average age	46	47
Years of experience	8	2

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 office administrator do?

Office administrators are employees who ensure that the office is running in tip-top shape. They manage the administrative needs of the office. They answer calls directed to the official company phone, manage the inventory of supplies, take charge or purchase requisitions for needed supplies, and ensure the office equipment and fixtures are taken care of. Office administrators also manage correspondences, official memoranda, and other official company documents. They also keep track of files and records to ensure that these are properly organized. At times, office administrators also take charge of welcoming guests and accompanying them to their respective meetings.

Finance administrator vs office administrator salary

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

	Finance Administrator	Office Administrator
Average salary	$55,541	$37,423
Salary range	Between $38,000 And $80,000	Between $28,000 And $48,000
Highest paying City	Dover, DE	Washington, DC
Highest paying state	Delaware	Alaska
Best paying company	State Street	Lawrence Livermore National Laboratory
Best paying industry	Manufacturing	Government

Differences between finance administrator and office administrator education

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

	Finance Administrator	Office Administrator
Most common degree	Bachelor's Degree, 61%	Bachelor's Degree, 48%
Most common major	Business	Business
Most common college	University of Pennsylvania	Western Carolina University

Finance administrator vs office administrator demographics

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

	Finance Administrator	Office Administrator
Average age	46	47
Gender ratio	Male, 29.3% Female, 70.7%	Male, 14.7% Female, 85.3%
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, 10.1% Unknown, 4.8% Hispanic or Latino, 20.5% Asian, 7.9% White, 55.6% American Indian and Alaska Native, 1.1%
LGBT Percentage	11%	6%

Differences between finance administrator and office 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.

Office administrator example responsibilities.

Monitor calls, manage calendars, travel, meeting arrangements, video conference and teleconferencing.
Formulate various procedures to assure efficient operation of the SharePoint system is managed properly for CFWB and BOS.
Use EMR software to manage patient records and files; reinforce and uphold patient confidentiality as required by HIPAA and clinic.
Pull patients charts for doctors using EMR system as well as pulled chart from medical records room.
Create and update all departmental ISO documents.
Collect all outgoing FedEx overnight packages and ship with accurate tracking and conformation information.

Finance administrator vs office administrator skills

Common finance administrator skills

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

Common office administrator skills

Customer Service, 18%
Patients, 11%
Data Entry, 8%
Office Equipment, 5%
Front Desk, 4%
PowerPoint, 3%

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Finance Administrator
Finance Administrator vs Office Administrator

Updated January 8, 2025

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