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The differences between finance assistants and assistant account executives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a finance assistant, becoming an assistant account executive takes usually requires 2-4 years. Additionally, an assistant account executive has an average salary of $50,053, 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 assistant account executive are customer service, press releases, and account management.
| Finance Assistant | Assistant Account Executive | |
| Yearly salary | $37,926 | $50,053 |
| Hourly rate | $18.23 | $24.06 |
| Growth rate | -8% | -8% |
| Number of jobs | 118,749 | 101,151 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 79% |
| Average age | 50 | 49 |
| Years of experience | 2 | 4 |
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 assistant account executive is responsible for managing customer accounts, under the supervision of an account executive. Assistant account executives develop processes and techniques to execute projects based on clients' specifications. They assist account executives with clients' presentations for project updates and status reports. They also manage client requests to increase brand awareness, including maximizing sales strategies and resources and advertising promotions within the budget goals. They must have excellent communication and critical-thinking skills, especially when managing the clients' expectations and marketing the clients' brands to all available platforms for customers' recognition.
Finance assistants and assistant account executives have different pay scales, as shown below.
| Finance Assistant | Assistant Account Executive | |
| Average salary | $37,926 | $50,053 |
| Salary range | Between $27,000 And $52,000 | Between $37,000 And $66,000 |
| Highest paying City | Washington, DC | Seattle, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | Boston Consulting Group | Turner Construction |
| Best paying industry | Manufacturing | Professional |
There are a few differences between a finance assistant and an assistant account executive in terms of educational background:
| Finance Assistant | Assistant Account Executive | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 79% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | - |
Here are the differences between finance assistants' and assistant account executives' demographics:
| Finance Assistant | Assistant Account Executive | |
| Average age | 50 | 49 |
| Gender ratio | Male, 24.9% Female, 75.1% | Male, 32.4% Female, 67.6% |
| 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, 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 | 6% | 10% |