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Accounting coordinator vs junior accountant

The differences between accounting coordinators and junior accountants 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 a junior accountant takes usually requires 2-4 years. Additionally, a junior accountant has an average salary of $50,444, 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 junior accountant are reconciliations, general ledger accounts, and account reconciliations.

Accounting coordinator vs junior accountant overview

Accounting CoordinatorJunior Accountant
Yearly salary$44,639$50,444
Hourly rate$21.46$24.25
Growth rate-5%6%
Number of jobs63,12957,892
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 70%
Average age5144
Years of experience64

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 junior accountant do?

Junior accountants maintain the financial records of companies through the analysis of their general ledger accounts and balance sheets. The accountant's post journal entries, maintain accounts receivable and payable, and update financial statements. They pay payroll every month, reconcile ledgers, and submit payroll taxes. The skills necessary for this job include analytical skills, problem-solving, information confidentiality, and proficiency in accounting software and technology. They are also expected to be detail-oriented.

Accounting coordinator vs junior accountant salary

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

Accounting CoordinatorJunior Accountant
Average salary$44,639$50,444
Salary rangeBetween $34,000 And $58,000Between $38,000 And $66,000
Highest paying CityNew York, NYNew York, NY
Highest paying stateNew YorkNew York
Best paying companyCleary Gottlieb Steen & HamiltonFuhu
Best paying industryManufacturingConstruction

Differences between accounting coordinator and junior accountant education

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

Accounting CoordinatorJunior Accountant
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 70%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting coordinator vs junior accountant demographics

Here are the differences between accounting coordinators' and junior accountants' demographics:

Accounting CoordinatorJunior Accountant
Average age5144
Gender ratioMale, 23.3% Female, 76.7%Male, 39.6% Female, 60.4%
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, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accounting coordinator and junior accountant 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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Junior accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Perform and assist with month-end close procedures, including preparation of monthly balance sheet and income statement account reconciliations.
  • Identify hundreds of daily transactions from banking statements using QuickBooks and present monthly financial reports
  • Perform bank and credit card reconciliations and assist with month-end accruals in addition to inter-company reconciliations.
  • Prepare financial schedules, account reconciliations, and detail financial statements and reports for analysis, financial reporting, and decision-making.
  • Deposit checks into lockbox and post to funds to proper accounts daily.
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Accounting coordinator vs junior accountant 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 junior accountant skills
  • Reconciliations, 18%
  • General Ledger Accounts, 8%
  • Account Reconciliations, 5%
  • Data Entry, 5%
  • QuickBooks, 4%
  • Payroll Taxes, 4%

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