Post job

Firm administrator vs account administrator

The differences between firm administrators and account administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a firm administrator and an account administrator. Additionally, a firm administrator has an average salary of $70,547, which is higher than the $40,149 average annual salary of an account administrator.

The top three skills for a firm administrator include payroll processing, law firm and litigation. The most important skills for an account administrator are customer service, data entry, and financial statements.

Firm administrator vs account administrator overview

Firm AdministratorAccount Administrator
Yearly salary$70,547$40,149
Hourly rate$33.92$19.30
Growth rate-8%6%
Number of jobs51,906136,654
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 62%
Average age4747
Years of experience66

Firm administrator vs account administrator salary

Firm administrators and account administrators have different pay scales, as shown below.

Firm AdministratorAccount Administrator
Average salary$70,547$40,149
Salary rangeBetween $50,000 And $99,000Between $29,000 And $54,000
Highest paying City-Freeport, NY
Highest paying state-New Jersey
Best paying company-AbbVie
Best paying industry-Technology

Differences between firm administrator and account administrator education

There are a few differences between a firm administrator and an account administrator in terms of educational background:

Firm AdministratorAccount Administrator
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 62%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Firm administrator vs account administrator demographics

Here are the differences between firm administrators' and account administrators' demographics:

Firm AdministratorAccount Administrator
Average age4747
Gender ratioMale, 22.4% Female, 77.6%Male, 29.4% Female, 70.6%
Race ratioBlack or African American, 11.0% Unknown, 4.7% Hispanic or Latino, 17.9% Asian, 5.2% White, 60.5% American Indian and Alaska Native, 0.6%Black or African American, 9.7% Unknown, 4.7% Hispanic or Latino, 19.2% Asian, 5.3% White, 60.5% American Indian and Alaska Native, 0.6%
LGBT Percentage8%8%

Differences between firm administrator and account administrator duties and responsibilities

Firm administrator example responsibilities.

  • Manage the purchase of supplies, A/R, A/P, general bookkeeping, trust account, and client billing.
  • Direct Medicaid health plan management division activities (manage care program operations, quality improvement, and contract administration).
  • Complete and review bi-monthly QuickBooks's journal entries.
  • Perform bank reconciliation and month-end close; submit to CPA for tax review.
  • Prepare in house semi monthly payroll for staff along with partner compensation with QuickBooks.
  • Act as liaison and communication link between management and staff, and among all offices for this CPA firm.
  • Show more

Account administrator example responsibilities.

  • Manage all post-award management activities such as award processing, fund monitoring financial reporting and payroll reconciliation.
  • Post ACH bank deposits via company web portal and/or email remittances provide by the customers.
  • Assist conversion of the accounting system to an ERP system
  • Perform the task of verifying and sending the daily ACH origination files for bank customers.
  • Perform financial account management using QuickBooks.
  • Prepare monthly payroll and statutory tax deduction returns to the regulatory authorities.
  • Show more

Firm administrator vs account administrator skills

Common firm administrator skills
  • Payroll Processing, 16%
  • Law Firm, 12%
  • Litigation, 5%
  • Office Equipment, 3%
  • General Ledger, 3%
  • CPA, 3%
Common account administrator skills
  • Customer Service, 25%
  • Data Entry, 10%
  • Financial Statements, 6%
  • Customer Inquiries, 5%
  • Computer System, 5%
  • Payroll, 5%

Browse office and administrative jobs