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The differences between finance assistants and accounting and 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 assistant and an accounting and administrative assistant. Additionally, an accounting and administrative assistant has an average salary of $38,192, which is higher than the $37,926 average annual salary of a finance assistant.
The top three skills for a finance assistant include customer service, data entry and payroll. The most important skills for an accounting and administrative assistant are data entry, customer service, and financial statements.
| Finance Assistant | Accounting And Administrative Assistant | |
| Yearly salary | $37,926 | $38,192 |
| Hourly rate | $18.23 | $18.36 |
| Growth rate | -8% | -8% |
| Number of jobs | 118,749 | 73,060 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 48% |
| Average age | 50 | 50 |
| Years of experience | 2 | 2 |
A finance assistant is responsible for supporting the financial department with daily operations by doing administrative and clerical tasks as needed. Finance assistants' duties include sorting financial records, updating account spreadsheets, assisting on bank statements reconciliation, processing payments, generating an invoice, auditing financial statements, escalating financial discrepancies for review, and reviewing cost analysis reports. A finance assistant must be knowledgeable of the financial industry and accounting processes, as well as have strong analytical and organizational skills.
An accounting administrative assistant is responsible for supporting the operations of the accounting department of an organization by performing administrative duties to maintain efficient and accurate services. Accounting administrative assistants conduct bookkeeping functions, as well as creating financial reports, analyzing account statements, updating account information on the database, processing invoices, and managing account receivables. They must have basic knowledge of the accounting disciplines, as well as excellent analytical and communication skills, especially on receiving clients' inquiries and concerns and administering payment procedures.
Finance assistants and accounting and administrative assistants have different pay scales, as shown below.
| Finance Assistant | Accounting And Administrative Assistant | |
| Average salary | $37,926 | $38,192 |
| Salary range | Between $27,000 And $52,000 | Between $29,000 And $48,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | Connecticut | Hawaii |
| Best paying company | Boston Consulting Group | Ernst & Young |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a finance assistant and an accounting and administrative assistant in terms of educational background:
| Finance Assistant | Accounting And Administrative Assistant | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance assistants' and accounting and administrative assistants' demographics:
| Finance Assistant | Accounting And Administrative Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 24.9% Female, 75.1% | Male, 10.0% Female, 90.0% |
| Race ratio | Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7% | Black or African American, 9.4% Unknown, 3.9% Hispanic or Latino, 16.5% Asian, 3.9% White, 65.7% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |