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Finance assistant vs assistant

The differences between finance assistants and 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 assistant. Additionally, a finance assistant has an average salary of $37,926, which is higher than the $37,363 average annual salary of an assistant.

The top three skills for a finance assistant include customer service, data entry and payroll. The most important skills for an assistant are patients, customer service, and patient care.

Finance assistant vs assistant overview

Finance AssistantAssistant
Yearly salary$37,926$37,363
Hourly rate$18.23$17.96
Growth rate-8%-8%
Number of jobs118,749557,900
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 49%
Average age5050
Years of experience22

What does a finance assistant do?

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.

What does an assistant do?

An assistant intern is responsible for facilitating administrative and clerical tasks as assigned by the management. Assistant interns' duties include keeping records of meetings, receiving calls and handling customer inquiries, assisting on writing reports and data entry processing, cooperating and providing support for business events, and adhering to company policies and regulatory procedures. Successful assistant interns must have excellent time-management, multi-tasking, and communication skills. They must be a team player and fast-learner to handle various tasks in the corporate industry.

Finance assistant vs assistant salary

Finance assistants and assistants have different pay scales, as shown below.

Finance AssistantAssistant
Average salary$37,926$37,363
Salary rangeBetween $27,000 And $52,000Between $16,000 And $82,000
Highest paying CityWashington, DCBoston, MA
Highest paying stateConnecticutMassachusetts
Best paying companyBoston Consulting GroupLatham & Watkins
Best paying industryManufacturingEducation

Differences between finance assistant and assistant education

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

Finance AssistantAssistant
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 49%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Finance assistant vs assistant demographics

Here are the differences between finance assistants' and assistants' demographics:

Finance AssistantAssistant
Average age5050
Gender ratioMale, 24.9% Female, 75.1%Male, 40.7% Female, 59.3%
Race ratioBlack 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, 16.4% Asian, 3.8% White, 65.7% American Indian and Alaska Native, 0.7%
LGBT Percentage6%6%

Differences between finance assistant and assistant duties and responsibilities

Finance assistant example responsibilities.

  • Manage finance operations of assign USPS location.
  • Manage patient and insurance account receivables, perform patient account reconciliations, account audits, process insurance billing/correspondence.
  • Maintain cash receipts and disbursement records using QuickBooks and prepare bank reconciliations.
  • Provide emergency Medicaid screening for undocument patients, and perform necessary follow-up calls pertaining to NYC Medicaid applications.
  • Interpret information requests and correspond with patients and agencies in accordance with hospital, state and HIPAA regulations.
  • Schedule appointments, request prior authorization with appropriate CPT and ICD-9 codes, coordinate surgeries, procedures, etc.
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Assistant example responsibilities.

  • Manage circulations, including educational textbooks and DVDS, video technology and supplies.
  • Manage branches providing information technology support, logistics, training and operational support.
  • Manage company's twitter account and communicate with multiple physical therapy providers around the country
  • Optimize productivity in prioritizing and managing special projects, PowerPoint presentations for classes, and proctore exams for undergraduate classes.
  • Assist in jewelry design and assembly, manage company Facebook page, participate in wholesale buying, and manage retail inventory
  • Manage and update company Facebook page with daily updates, finding/sharing relevant and interesting information, and encouraging fan engagement.
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Finance assistant vs assistant skills

Common finance assistant skills
  • Customer Service, 21%
  • Data Entry, 10%
  • Payroll, 9%
  • Purchase Orders, 6%
  • Financial Assistance, 5%
  • Credit Card, 4%
Common assistant skills
  • Patients, 27%
  • Customer Service, 13%
  • Patient Care, 8%
  • CPR, 5%
  • Sales Floor, 5%
  • Scheduling Appointments, 3%

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