Fiscal officer vs treasurer

The differences between fiscal officers and treasurers 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 treasurer. Additionally, a treasurer has an average salary of $80,467, 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 treasurer are payroll, fraternity, and bank accounts.

Fiscal officer vs treasurer overview

	Fiscal Officer	Treasurer
Yearly salary	$54,261	$80,467
Hourly rate	$26.09	$38.69
Growth rate	17%	17%
Number of jobs	56,064	18,358
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 74%
Average age	46	46
Years of experience	8	8

Fiscal officer vs treasurer salary

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

	Fiscal Officer	Treasurer
Average salary	$54,261	$80,467
Salary range	Between $37,000 And $78,000	Between $37,000 And $173,000
Highest paying City	Fairbanks, AK	Cambridge, MA
Highest paying state	California	Maine
Best paying company	East-West Center	Partners Group LTD
Best paying industry	Technology	Manufacturing

Differences between fiscal officer and treasurer education

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

	Fiscal Officer	Treasurer
Most common degree	Bachelor's Degree, 69%	Bachelor's Degree, 74%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Fiscal officer vs treasurer demographics

Here are the differences between fiscal officers' and treasurers' demographics:

	Fiscal Officer	Treasurer
Average age	46	46
Gender ratio	Male, 38.9% Female, 61.1%	Male, 48.0% Female, 52.0%
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, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%
LGBT Percentage	11%	11%

Differences between fiscal officer and treasurer 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.

Treasurer example responsibilities.

Manage accounting department to include A/R and A/P staff.
Organize and manage several school functions/activities, assist school personnel, make PTA purchases, and balance the checkbook.
Trust with managing all financial accounts associate with the fraternity and prepare organized financial statements for all members and alumni.
Champion adoption of consent agenda procedure, streamlining meetings and improving overall effectiveness of alumni leadership.
Form PTO s 501 (c) 3 and prepare PTO s 990.
Calculate and submit the yearly HOA community tax forms.

Fiscal officer vs treasurer skills

Common fiscal officer skills

Oversight, 8%
Payroll Taxes, 7%
Financial Management, 6%
Fiscal Management, 6%
Reconciliations, 5%
General Ledger, 4%

Common treasurer skills

Payroll, 14%
Fraternity, 8%
Bank Accounts, 8%
Community Services, 5%
Financial Transactions, 5%
QuickBooks, 4%