Accountable clerk vs finance coordinator

The differences between accountable clerks and finance coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accountable clerk and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $38,120 average annual salary of an accountable clerk.

The top three skills for an accountable clerk include data entry, financial reports and purchase orders. The most important skills for a finance coordinator are patients, customer service, and payroll.

Accountable clerk vs finance coordinator overview

	Accountable Clerk	Finance Coordinator
Yearly salary	$38,120	$49,358
Hourly rate	$18.33	$23.73
Growth rate	-5%	-5%
Number of jobs	81,209	106,187
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 58%
Average age	51	51
Years of experience	6	6

What does an accountable clerk do?

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

What does a finance coordinator do?

Finance coordinators are skilled professionals who are employed by all types of industries to manage their financial records accurately. Under the supervision of financial managers, they correlate the company's accounts receivables and payables. They should be able to keep records together with documentation effectively to ensure precision and punctuality of deliverables. Their responsibilities include ensuring accurate billing of customers, managing billing issues and disputes, and making required adjustments to clients' accounts. Candidates for the job must be organized, detail-oriented, able to multi-task as well as cautiously handle sensitive information.

Accountable clerk vs finance coordinator salary

Accountable clerks and finance coordinators have different pay scales, as shown below.

	Accountable Clerk	Finance Coordinator
Average salary	$38,120	$49,358
Salary range	Between $29,000 And $49,000	Between $34,000 And $71,000
Highest paying City	New Haven, CT	Washington, DC
Highest paying state	Massachusetts	Maryland
Best paying company	Wayne County, Michigan	McKinsey & Company Inc
Best paying industry	Government	Professional

Differences between accountable clerk and finance coordinator education

There are a few differences between an accountable clerk and a finance coordinator in terms of educational background:

	Accountable Clerk	Finance Coordinator
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Accountable clerk vs finance coordinator demographics

Here are the differences between accountable clerks' and finance coordinators' demographics:

	Accountable Clerk	Finance Coordinator
Average age	51	51
Gender ratio	Male, 19.1% Female, 80.9%	Male, 22.1% Female, 77.9%
Race ratio	Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between accountable clerk and finance coordinator duties and responsibilities

Accountable clerk example responsibilities.

Manage the accurate and timely processing of AP invoices for multiple companies.
Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Scan incoming A/P, A/R, bank statements, mail, etc.
Review AR aging to ensure compliance.
Process, distribute, and maintain AR invoices.
Review and handle in-clearing reject items (ACH and checks) and process check adjustments.

Finance coordinator example responsibilities.

Manage patient and insurance account receivables, perform patient account reconciliations, account audits, process insurance billing/correspondence.
Construct posts featuring highlights of past events on Facebook.
Enter EOB payments and denials and perform follow up with insurance company on denials.
Create promotional flyers for annual concerts and fundraisers which are posted through via Facebook and local areas.
Review and process EOB's daily, entering comments into the bill comment log as to status of follow up.
Produce basic PowerPoint presentation materials, including graphical renderings for illustration.

Accountable clerk vs finance coordinator skills

Common accountable clerk skills

Data Entry, 11%
Financial Reports, 10%
Purchase Orders, 8%
Customer Service, 8%
Process Payroll, 8%
Office Equipment, 4%

Common finance coordinator skills

Patients, 21%
Customer Service, 11%
Payroll, 5%
Reconciliations, 4%
Data Entry, 3%
Insurance Benefits, 3%

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Accountable Clerk
Accountable Clerk vs Finance Coordinator

Updated January 8, 2025

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