Treasurer vs finance secretary

The differences between treasurers and finance secretaries can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a treasurer, becoming a finance secretary takes usually requires 1-2 years. Additionally, a treasurer has an average salary of $80,467, which is higher than the $33,580 average annual salary of a finance secretary.

The top three skills for a treasurer include payroll, fraternity and bank accounts. The most important skills for a finance secretary are payroll taxes, purchase orders, and general ledger.

Treasurer vs finance secretary overview

	Treasurer	Finance Secretary
Yearly salary	$80,467	$33,580
Hourly rate	$38.69	$16.14
Growth rate	17%	-8%
Number of jobs	18,358	74,423
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 50%
Average age	46	50
Years of experience	8	2

Treasurer vs finance secretary salary

Treasurers and finance secretaries have different pay scales, as shown below.

	Treasurer	Finance Secretary
Average salary	$80,467	$33,580
Salary range	Between $37,000 And $173,000	Between $26,000 And $41,000
Highest paying City	Cambridge, MA	-
Highest paying state	Maine	-
Best paying company	Partners Group LTD	-
Best paying industry	Manufacturing	-

Differences between treasurer and finance secretary education

There are a few differences between a treasurer and a finance secretary in terms of educational background:

	Treasurer	Finance Secretary
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 50%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Treasurer vs finance secretary demographics

Here are the differences between treasurers' and finance secretaries' demographics:

	Treasurer	Finance Secretary
Average age	46	50
Gender ratio	Male, 48.0% Female, 52.0%	Male, 17.0% Female, 83.0%
Race ratio	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%	Black or African American, 9.9% Unknown, 3.9% Hispanic or Latino, 15.0% Asian, 3.9% White, 66.6% American Indian and Alaska Native, 0.7%
LGBT Percentage	11%	6%

Differences between treasurer and finance secretary duties and responsibilities

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.

Finance secretary example responsibilities.

Manage high volume of requests and correspondence from executives and colleagues, pharmaceutical representatives, patients and outside physicians.
Process payroll using ADP online program.
Check for any ACH payments online need to be record.
Train with ADP from manual payroll entries to online payroll system.
Record the monthly ACH payments so they can be upload in the bookkeeping system.
Create a policies and procedures manual for the church, ensuring the needs of the church and IRS requirements are meet.

Treasurer vs finance secretary skills

Common treasurer skills

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

Common finance secretary skills

Payroll Taxes, 22%
Purchase Orders, 7%
General Ledger, 5%
Financial Reports, 5%
QuickBooks, 4%
Financial Aid, 4%