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Accounting coordinator vs accounting technician

The differences between accounting coordinators and accounting technicians can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an accounting coordinator and an accounting technician. Additionally, an accounting coordinator has an average salary of $44,639, which is higher than the $41,337 average annual salary of an accounting technician.

The top three skills for an accounting coordinator include customer service, reconciliations and data entry. The most important skills for an accounting technician are customer service, financial reports, and payroll.

Accounting coordinator vs accounting technician overview

Accounting CoordinatorAccounting Technician
Yearly salary$44,639$41,337
Hourly rate$21.46$19.87
Growth rate-5%-5%
Number of jobs63,12939,972
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 51%
Average age5151
Years of experience66

What does an accounting coordinator do?

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.

What does an accounting technician do?

An accounting technician is responsible for evaluating financial information procedures to support accounting and taxation tasks, verifying the accuracy of account statements for the reference of accountants. Accounting technicians manage the payroll processes, generate invoices, perform account reconciliations, analyze account receivables, prepare budget reports, and monitor the company's financial transactions. Accounting technicians should always adhere to taxation legislation, comply with accounting disciplines, and coordinate with the account management for any findings and concerns, requiring them to have excellent communication and analytical skills.

Accounting coordinator vs accounting technician salary

Accounting coordinators and accounting technicians have different pay scales, as shown below.

Accounting CoordinatorAccounting Technician
Average salary$44,639$41,337
Salary rangeBetween $34,000 And $58,000Between $31,000 And $53,000
Highest paying CityNew York, NYOakland, CA
Highest paying stateNew YorkCalifornia
Best paying companyCleary Gottlieb Steen & HamiltonW. R. Berkley
Best paying industryManufacturingGovernment

Differences between accounting coordinator and accounting technician education

There are a few differences between an accounting coordinator and an accounting technician in terms of educational background:

Accounting CoordinatorAccounting Technician
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 51%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting coordinator vs accounting technician demographics

Here are the differences between accounting coordinators' and accounting technicians' demographics:

Accounting CoordinatorAccounting Technician
Average age5151
Gender ratioMale, 23.3% Female, 76.7%Male, 22.7% Female, 77.3%
Race ratioBlack 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, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounting coordinator and accounting technician duties and responsibilities

Accounting coordinator example responsibilities.

  • Train and manage employees in payroll operations, and achieve significant improvements in their productivity.
  • Manage accounting in QuickBooks, scheduling and material purchasing
  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Conduct online research, in order to acquire detail commission statements for commission ACH bank deposits and commission checks.
  • Perform complex account reconciliations and analysis to ensure proper support and documentation for balance sheet and income statement account balances.
  • Import previous day's invoices from POS system into QuickBooks using custom software correcting invoices as necessary to permit importing.
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Accounting technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Reconcile the agency SPCC statement each month
  • Audit includes reviewing SPCC invoices and receipts to ensure appropriate tax exemptions are follow.
  • Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
  • Apply GAAP following applicable federal regulations.
  • Maintain adherence to university accounting and GAAP standards.
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Accounting coordinator vs accounting technician skills

Common accounting coordinator skills
  • Customer Service, 12%
  • Reconciliations, 9%
  • Data Entry, 8%
  • Purchase Orders, 5%
  • General Ledger Accounts, 4%
  • Credit Card Payments, 4%
Common accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%

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