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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 | Junior Accountant | |
| Yearly salary | $44,639 | $50,444 |
| Hourly rate | $21.46 | $24.25 |
| Growth rate | -5% | 6% |
| Number of jobs | 63,129 | 57,892 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 70% |
| 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.
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 coordinators and junior accountants have different pay scales, as shown below.
| Accounting Coordinator | Junior Accountant | |
| Average salary | $44,639 | $50,444 |
| Salary range | Between $34,000 And $58,000 | Between $38,000 And $66,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Cleary Gottlieb Steen & Hamilton | Fuhu |
| Best paying industry | Manufacturing | Construction |
There are a few differences between an accounting coordinator and a junior accountant in terms of educational background:
| Accounting Coordinator | Junior Accountant | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 70% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting coordinators' and junior accountants' demographics:
| Accounting Coordinator | Junior Accountant | |
| Average age | 51 | 44 |
| Gender ratio | Male, 23.3% Female, 76.7% | Male, 39.6% Female, 60.4% |
| 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, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |