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Accounting coordinator vs finance coordinator

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 vs finance coordinator overview

Accounting CoordinatorFinance Coordinator
Yearly salary$44,639$49,358
Hourly rate$21.46$23.73
Growth rate-5%-5%
Number of jobs63,129106,187
Job satisfaction-5
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 58%
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 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.

Accounting coordinator vs finance coordinator salary

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

Accounting CoordinatorFinance Coordinator
Average salary$44,639$49,358
Salary rangeBetween $34,000 And $58,000Between $34,000 And $71,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkMaryland
Best paying companyCleary Gottlieb Steen & HamiltonMcKinsey & Company Inc
Best paying industryManufacturingProfessional

Differences between accounting coordinator and finance coordinator education

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

Accounting CoordinatorFinance Coordinator
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 58%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting coordinator vs finance coordinator demographics

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

Accounting CoordinatorFinance Coordinator
Average age5151
Gender ratioMale, 23.3% Female, 76.7%Male, 22.1% Female, 77.9%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between accounting coordinator and finance coordinator 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.
  • Show more

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.
  • Show more

Accounting coordinator vs finance coordinator 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 finance coordinator skills
  • Patients, 21%
  • Customer Service, 11%
  • Payroll, 5%
  • Reconciliations, 4%
  • Data Entry, 3%
  • Insurance Benefits, 3%

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