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The differences between accounting coordinators 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 accounting coordinator and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, 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 a finance coordinator are patients, customer service, and payroll.
| Accounting Coordinator | Finance Coordinator | |
| Yearly salary | $44,639 | $49,358 |
| Hourly rate | $21.46 | $23.73 |
| Growth rate | -5% | -5% |
| Number of jobs | 63,129 | 106,187 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 58% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
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.
Accounting coordinators and finance coordinators have different pay scales, as shown below.
| Accounting Coordinator | Finance Coordinator | |
| Average salary | $44,639 | $49,358 |
| Salary range | Between $34,000 And $58,000 | Between $34,000 And $71,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | Maryland |
| Best paying company | Cleary Gottlieb Steen & Hamilton | McKinsey & Company Inc |
| Best paying industry | Manufacturing | Professional |
There are a few differences between an accounting coordinator and a finance coordinator in terms of educational background:
| Accounting Coordinator | Finance Coordinator | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 58% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting coordinators' and finance coordinators' demographics:
| Accounting Coordinator | Finance Coordinator | |
| Average age | 51 | 51 |
| Gender ratio | Male, 23.3% Female, 76.7% | Male, 22.1% Female, 77.9% |
| 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, 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% |