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Licensing assistant vs finance assistant

The differences between licensing assistants and finance 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 licensing assistant and a finance assistant. Additionally, a finance assistant has an average salary of $37,926, which is higher than the $36,851 average annual salary of a licensing assistant.

The top three skills for a licensing assistant include rehabilitation, PTA and patients. The most important skills for a finance assistant are customer service, data entry, and payroll.

Licensing assistant vs finance assistant overview

Licensing AssistantFinance Assistant
Yearly salary$36,851$37,926
Hourly rate$17.72$18.23
Growth rate-8%-8%
Number of jobs33,155118,749
Job satisfaction--
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 59%
Average age5050
Years of experience22

What does a licensing assistant do?

Licensing assistants are professionals who are responsible for assisting clients with various tasks related to acquiring business or vehicle licenses. These assistants are required to work with account managers to draft license agreements using synchronization licensing templates for commercial, work-for-hire, and unsigned artist music usage. They must provide customer service for requested licensing services in accordance with all state and federal laws and regulations. Licensing assistants must also provide assistance to staff members by answering phone calls and taking messages.

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.

Licensing assistant vs finance assistant salary

Licensing assistants and finance assistants have different pay scales, as shown below.

Licensing AssistantFinance Assistant
Average salary$36,851$37,926
Salary rangeBetween $28,000 And $47,000Between $27,000 And $52,000
Highest paying CitySan Diego, CAWashington, DC
Highest paying stateCaliforniaConnecticut
Best paying companyMemorial Sloan Kettering Cancer CenterBoston Consulting Group
Best paying industryMediaManufacturing

Differences between licensing assistant and finance assistant education

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

Licensing AssistantFinance Assistant
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityUniversity of Pennsylvania

Licensing assistant vs finance assistant demographics

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

Licensing AssistantFinance Assistant
Average age5050
Gender ratioMale, 25.5% Female, 74.5%Male, 24.9% Female, 75.1%
Race ratioBlack or African American, 9.2% Unknown, 3.9% Hispanic or Latino, 16.1% Asian, 3.8% White, 66.4% American Indian and Alaska Native, 0.7%Black 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%
LGBT Percentage6%6%

Differences between licensing assistant and finance assistant duties and responsibilities

Licensing assistant example responsibilities.

  • Specialize in acute post-surgical orthopedic rehabilitation and functional mobility restoration to achieve positive results in an efficient, timely manner.
  • Provide long-term care therapeutic services to middle age and elderly patients with sub-acute conditions of both orthopedic and neurological diagnoses.
  • Obtain FHA condo approvals for new or existing developments through the most appropriate channels.

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.
  • Show more

Licensing assistant vs finance assistant skills

Common licensing assistant skills
  • Rehabilitation, 31%
  • PTA, 26%
  • Patients, 16%
  • CPR, 6%
  • Patient Care, 5%
  • Home Health, 5%
Common finance assistant skills
  • Customer Service, 21%
  • Data Entry, 10%
  • Payroll, 9%
  • Purchase Orders, 6%
  • Financial Assistance, 5%
  • Credit Card, 4%

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