Accounts payable technician vs finance coordinator

The differences between accounts payable technicians and finance coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an accounts payable technician, becoming a finance coordinator takes usually requires 4-6 years. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $47,325 average annual salary of an accounts payable technician.

The top three skills for an accounts payable technician include FAA, A/P and powerplant. The most important skills for a finance coordinator are patients, customer service, and payroll.

Accounts payable technician vs finance coordinator overview

	Accounts Payable Technician	Finance Coordinator
Yearly salary	$47,325	$49,358
Hourly rate	$22.75	$23.73
Growth rate	6%	-5%
Number of jobs	23,079	106,187
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 58%
Average age	40	51
Years of experience	4	6

What does an accounts payable technician do?

An Accounts Payable Technician performs the day-to-day processing of accounts payable transactions. They prepare and process invoices and other financial documents manually or by using specialized automated software.

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.

Accounts payable technician vs finance coordinator salary

Accounts payable technicians and finance coordinators have different pay scales, as shown below.

	Accounts Payable Technician	Finance Coordinator
Average salary	$47,325	$49,358
Salary range	Between $33,000 And $66,000	Between $34,000 And $71,000
Highest paying City	Juneau, AK	Washington, DC
Highest paying state	Alaska	Maryland
Best paying company	Baptist Health Care	McKinsey & Company Inc
Best paying industry	Manufacturing	Professional

Differences between accounts payable technician and finance coordinator education

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

	Accounts Payable Technician	Finance Coordinator
Most common degree	Bachelor's Degree, 39%	Bachelor's Degree, 58%
Most common major	Accounting	Business
Most common college	SUNY Farmingdale	University of Pennsylvania

Accounts payable technician vs finance coordinator demographics

Here are the differences between accounts payable technicians' and finance coordinators' demographics:

	Accounts Payable Technician	Finance Coordinator
Average age	40	51
Gender ratio	Male, 55.0% Female, 45.0%	Male, 22.1% Female, 77.9%
Race ratio	Black or African American, 9.1% Unknown, 5.0% Hispanic or Latino, 23.2% Asian, 6.8% White, 55.3% 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	2%	7%

Differences between accounts payable technician and finance coordinator duties and responsibilities

Accounts payable technician example responsibilities.

Manage the FOD prevention program to reduce costly repairs and increase the participation in FOD awareness and FOD walk downs.
Utilize technical data to troubleshoot maintenance issues.
Obtain practical experience on the Garrett TPE-331 powerplant.
Maintain catalog of store A/P, A/R source documents.
Enter all invoices into a/p software, assigns g/l account numbers & appropriate cost centers.
Obtain practical experience on the TFE-731 Garrett powerplant and hot section inspection experience on the Pratt and Whitney PT6.

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.

Accounts payable technician vs finance coordinator skills

Common accounts payable technician skills

FAA, 13%
A/P, 9%
Powerplant, 9%
Airframe, 8%
Troubleshoot, 7%
Hand Tools, 5%

Common finance coordinator skills

Patients, 21%
Customer Service, 11%
Payroll, 5%
Reconciliations, 4%
Data Entry, 3%
Insurance Benefits, 3%

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Installation, Maintenance and Repair Industry
Accounts Payable Technician
Accounts Payable Technician vs Finance Coordinator

Updated January 8, 2025

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