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Finance secretary vs finance administrator

The differences between finance secretaries and finance administrators 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 secretary, becoming a finance administrator takes usually requires 6-8 years. Additionally, a finance administrator has an average salary of $55,541, which is higher than the $33,580 average annual salary of a finance secretary.

The top three skills for a finance secretary include payroll taxes, purchase orders and general ledger. The most important skills for a finance administrator are customer service, financial aid, and powerpoint.

Finance secretary vs finance administrator overview

Finance SecretaryFinance Administrator
Yearly salary$33,580$55,541
Hourly rate$16.14$26.70
Growth rate-8%17%
Number of jobs74,423130,256
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 61%
Average age5046
Years of experience28

Finance secretary vs finance administrator salary

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

Finance SecretaryFinance Administrator
Average salary$33,580$55,541
Salary rangeBetween $26,000 And $41,000Between $38,000 And $80,000
Highest paying City-Dover, DE
Highest paying state-Delaware
Best paying company-State Street
Best paying industry-Manufacturing

Differences between finance secretary and finance administrator education

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

Finance SecretaryFinance Administrator
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance secretary vs finance administrator demographics

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

Finance SecretaryFinance Administrator
Average age5046
Gender ratioMale, 17.0% Female, 83.0%Male, 29.3% Female, 70.7%
Race ratioBlack or African American, 9.9% Unknown, 3.9% Hispanic or Latino, 15.0% Asian, 3.9% White, 66.6% American Indian and Alaska Native, 0.7%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%
LGBT Percentage6%11%

Differences between finance secretary and finance administrator duties and responsibilities

Finance secretary example responsibilities.

  • Manage high volume of requests and correspondence from executives and colleagues, pharmaceutical representatives, patients and outside physicians.
  • Process payroll using ADP online program.
  • Check for any ACH payments online need to be record.
  • Train with ADP from manual payroll entries to online payroll system.
  • Record the monthly ACH payments so they can be upload in the bookkeeping system.
  • Create a policies and procedures manual for the church, ensuring the needs of the church and IRS requirements are meet.
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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.
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Finance secretary vs finance administrator skills

Common finance secretary skills
  • Payroll Taxes, 22%
  • Purchase Orders, 7%
  • General Ledger, 5%
  • Financial Reports, 5%
  • QuickBooks, 4%
  • Financial Aid, 4%
Common finance administrator skills
  • Customer Service, 17%
  • Financial Aid, 12%
  • PowerPoint, 7%
  • Rehabilitation, 7%
  • Balance Sheet, 4%
  • Human Resources, 4%

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