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The differences between accounting coordinators and accounting analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounting coordinator, becoming an accounting analyst takes usually requires 2-4 years. Additionally, an accounting analyst has an average salary of $58,399, which is higher than the $44,639 average annual salary of an accounting coordinator.
The top three skills for an accounting coordinator include customer service, reconciliations and data entry. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.
| Accounting Coordinator | Accounting Analyst | |
| Yearly salary | $44,639 | $58,399 |
| Hourly rate | $21.46 | $28.08 |
| Growth rate | -5% | 6% |
| Number of jobs | 63,129 | 81,097 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 74% |
| Average age | 51 | 44 |
| Years of experience | 6 | 4 |
An accounting coordinator is responsible for assisting the operations of the organization's accounting department, processing financial reports, and serving as a liaison between the accounting staff and other department personnel or external parties. Accounting coordinators maintain a record of accounts payable and receivables, issuing invoices, updating account statements, resolving account discrepancies, and managing bank reconciliations. They also help with tax audits, as well as performing bookkeeping functions and other administrative tasks as needed. An accounting coordinator must have excellent analytical skills and knowledge of accounting principles and disciplines.
An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.
Accounting coordinators and accounting analysts have different pay scales, as shown below.
| Accounting Coordinator | Accounting Analyst | |
| Average salary | $44,639 | $58,399 |
| Salary range | Between $34,000 And $58,000 | Between $42,000 And $79,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | New York |
| Best paying company | Cleary Gottlieb Steen & Hamilton | |
| Best paying industry | Manufacturing | Finance |
There are a few differences between an accounting coordinator and an accounting analyst in terms of educational background:
| Accounting Coordinator | Accounting Analyst | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 74% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting coordinators' and accounting analysts' demographics:
| Accounting Coordinator | Accounting Analyst | |
| Average age | 51 | 44 |
| Gender ratio | Male, 23.3% Female, 76.7% | Male, 41.6% Female, 58.4% |
| Race ratio | 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% | Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |