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The differences between accounting interns 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 internship and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $30,642 average annual salary of an accounting internship.
The top three skills for an accounting internship include reconciliations, data entry and payroll. The most important skills for a finance coordinator are patients, customer service, and payroll.
| Accounting Internship | Finance Coordinator | |
| Yearly salary | $30,642 | $49,358 |
| Hourly rate | $14.73 | $23.73 |
| Growth rate | -5% | -5% |
| Number of jobs | 80,299 | 106,187 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 58% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
An accounting internship is a trainee who reports to an organization's accountant in order to learn about the accounting field, complete financial projects and files taxes, and financial reports. An intern should be a graduate of a Bachelor's or Master's in Accounting and should have an aptitude for mathematics and proficiency with computers. In order to prepare financial reports, an intern should possess knowledge with bookkeeping software. An intern must also know how to handle sensitive information with honesty and integrity.
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 interns and finance coordinators have different pay scales, as shown below.
| Accounting Internship | Finance Coordinator | |
| Average salary | $30,642 | $49,358 |
| Salary range | Between $24,000 And $38,000 | Between $34,000 And $71,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | California | Maryland |
| Best paying company | BWX Technologies | McKinsey & Company Inc |
| Best paying industry | Telecommunication | Professional |
There are a few differences between an accounting internship and a finance coordinator in terms of educational background:
| Accounting Internship | Finance Coordinator | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 58% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between accounting interns' and finance coordinators' demographics:
| Accounting Internship | Finance Coordinator | |
| Average age | 51 | 51 |
| Gender ratio | Male, 53.3% Female, 46.7% | Male, 22.1% Female, 77.9% |
| Race ratio | 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% | 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% |