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The differences between project management 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 project management assistant and a finance assistant. Additionally, a project management assistant has an average salary of $56,789, which is higher than the $37,926 average annual salary of a finance assistant.
The top three skills for a project management assistant include project management, purchase orders and financial reports. The most important skills for a finance assistant are customer service, data entry, and payroll.
| Project Management Assistant | Finance Assistant | |
| Yearly salary | $56,789 | $37,926 |
| Hourly rate | $27.30 | $18.23 |
| Growth rate | -8% | -8% |
| Number of jobs | 129,637 | 118,749 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 59% |
| Average age | 50 | 50 |
| Years of experience | 2 | 2 |
Project Management Assistants will require networking, communication, organization skills, and an associate degree. However, a bachelor's or master's degree may be preferable in some cases, in addition to certain certifications or licenses. This career choice will require the coordination of projects with communication and project management skills and the identification of client needs into an actionable plan that meets budget requirements.
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.
Project management assistants and finance assistants have different pay scales, as shown below.
| Project Management Assistant | Finance Assistant | |
| Average salary | $56,789 | $37,926 |
| Salary range | Between $28,000 And $112,000 | Between $27,000 And $52,000 |
| Highest paying City | Hartford, CT | Washington, DC |
| Highest paying state | Connecticut | Connecticut |
| Best paying company | Novartis | Boston Consulting Group |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a project management assistant and a finance assistant in terms of educational background:
| Project Management Assistant | Finance Assistant | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Pennsylvania |
Here are the differences between project management assistants' and finance assistants' demographics:
| Project Management Assistant | Finance Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 33.3% Female, 66.7% | Male, 24.9% Female, 75.1% |
| Race ratio | Black or African American, 9.4% Unknown, 3.9% Hispanic or Latino, 16.4% Asian, 3.8% White, 65.7% 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 Percentage | 6% | 6% |