Fiscal officer vs finance administrator

The differences between fiscal officers and finance administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a fiscal officer and a finance administrator. Additionally, a finance administrator has an average salary of $55,541, which is higher than the $54,261 average annual salary of a fiscal officer.

The top three skills for a fiscal officer include oversight, payroll taxes and financial management. The most important skills for a finance administrator are customer service, financial aid, and powerpoint.

Fiscal officer vs finance administrator overview

	Fiscal Officer	Finance Administrator
Yearly salary	$54,261	$55,541
Hourly rate	$26.09	$26.70
Growth rate	17%	17%
Number of jobs	56,064	130,256
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 61%
Average age	46	46
Years of experience	8	8

Fiscal officer vs finance administrator salary

Fiscal officers and finance administrators have different pay scales, as shown below.

	Fiscal Officer	Finance Administrator
Average salary	$54,261	$55,541
Salary range	Between $37,000 And $78,000	Between $38,000 And $80,000
Highest paying City	Fairbanks, AK	Dover, DE
Highest paying state	California	Delaware
Best paying company	East-West Center	State Street
Best paying industry	Technology	Manufacturing

Differences between fiscal officer and finance administrator education

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

	Fiscal Officer	Finance Administrator
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 61%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Fiscal officer vs finance administrator demographics

Here are the differences between fiscal officers' and finance administrators' demographics:

	Fiscal Officer	Finance Administrator
Average age	46	46
Gender ratio	Male, 38.9% Female, 61.1%	Male, 29.3% Female, 70.7%
Race ratio	Black or African American, 7.9% Unknown, 4.1% Hispanic or Latino, 13.8% Asian, 9.4% White, 64.5% American Indian and Alaska Native, 0.3%	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 Percentage	11%	11%

Differences between fiscal officer and finance administrator duties and responsibilities

Fiscal officer example responsibilities.

Manage procurement functions deposits, journals and fund transfers in PeopleSoft for department.
Manage A/R of roughly 3 million dollars each fiscal year and disburse into three funding streams.
Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
Supervise two employees and the reconciliation of the subsidiary ledgers: A/P, A/R, payroll and all human resource issues.
Prepare cash management report and maintain reconciliations and journal entries.
Set up district outstanding debt payment ACH wires.

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.

Fiscal officer vs finance administrator skills

Common fiscal officer skills

Oversight, 8%
Payroll Taxes, 7%
Financial Management, 6%
Fiscal Management, 6%
Reconciliations, 5%
General Ledger, 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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Fiscal Officer
Fiscal Officer vs Finance Administrator

Updated January 8, 2025

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