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Budget coordinator vs project coordinator

The differences between budget coordinators and project coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a budget coordinator, becoming a project coordinator takes usually requires 4-6 years. Additionally, a budget coordinator has an average salary of $53,878, which is higher than the $50,375 average annual salary of a project coordinator.

The top three skills for a budget coordinator include purchase orders, payroll and invoice processing. The most important skills for a project coordinator are project management, customer service, and powerpoint.

Budget coordinator vs project coordinator overview

Budget CoordinatorProject Coordinator
Yearly salary$53,878$50,375
Hourly rate$25.90$24.22
Growth rate3%-8%
Number of jobs23,02138,743
Job satisfaction-5
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 66%
Average age4747
Years of experience46

What does a budget coordinator do?

A budget coordinator is responsible for ensuring that company departments comply with budget guidelines and regulations. They usually work in an office setting where they are in charge of gathering and analyzing checks, invoices, bills, and monthly financial statements to ensure that all expenses align with the set budget. They also reach out to various offices when overspending is detected, performing corrective measures as necessary. Moreover, as a budget coordinator, it is essential to implement the company's budget regulations and policies while producing regular budget reports.

What does a project coordinator do?

Project coordinators act as the liaising body between different departments involved in a specific project. They are members of the group assigned to work together for special projects or undertakings that will benefit the organization. Project coordinators join meetings of the special committee, from planning to evaluation. They take notes and jot down action plans. They ensure that the committee members assigned to do specific tasks are doing so. They also guarantee project success by ensuring that the people involved in the project are working well together.

Budget coordinator vs project coordinator salary

Budget coordinators and project coordinators have different pay scales, as shown below.

Budget CoordinatorProject Coordinator
Average salary$53,878$50,375
Salary rangeBetween $38,000 And $74,000Between $33,000 And $75,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateCaliforniaNew York
Best paying companyCentral State UniversityMeta
Best paying industryConstructionFinance

Differences between budget coordinator and project coordinator education

There are a few differences between a budget coordinator and a project coordinator in terms of educational background:

Budget CoordinatorProject Coordinator
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaCalifornia State University - Bakersfield

Budget coordinator vs project coordinator demographics

Here are the differences between budget coordinators' and project coordinators' demographics:

Budget CoordinatorProject Coordinator
Average age4747
Gender ratioMale, 38.1% Female, 61.9%Male, 37.7% Female, 62.3%
Race ratioBlack or African American, 9.6% Unknown, 4.7% Hispanic or Latino, 16.6% Asian, 9.0% White, 59.0% American Indian and Alaska Native, 1.0%Black or African American, 9.7% Unknown, 4.7% Hispanic or Latino, 19.1% Asian, 5.3% White, 60.6% American Indian and Alaska Native, 0.6%
LGBT Percentage13%8%

Differences between budget coordinator and project coordinator duties and responsibilities

Budget coordinator example responsibilities.

  • Manage credit card revenue reporting and reconciliations for multiple credit card merchant accounts which include recommending and implementing process improvements.
  • Compile and reconcile monthly payroll expenses.
  • Create departmentalized payroll spreadsheets and monitor them biweekly.
  • Participate in PeopleSoft financial system upgrade testing to eliminate implementation challenges.
  • Prepare required reports relate to the grant project utilizing various software programs, including preparing computerize reports using PeopleSoft system.
  • Help Medicaid eligible members to secure both physical and behavioral services in the community by reviewing and preparing prior authorization requests.
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Project coordinator example responsibilities.

  • Create and lead Smartsheet training for team members.
  • Manage timely delivery of regular deliverables to the CIO.
  • Project manages all aspects of office redesign to include; new furniture, layout, logistics, and telephony requirements.
  • Manage FTP site for all projects and coordinate with all consultants and clients to help upload and download auto cad drawings.
  • Manage Minnesota Medicaid billing and patient eligibility from admission and renewals.
  • Manage the PMO Intranet site and develop related standard operating procedure documents.
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Budget coordinator vs project coordinator skills

Common budget coordinator skills
  • Purchase Orders, 19%
  • Payroll, 7%
  • Invoice Processing, 6%
  • Financial Analysis, 5%
  • Journal Entries, 5%
  • Budget Process, 4%
Common project coordinator skills
  • Project Management, 15%
  • Customer Service, 11%
  • PowerPoint, 7%
  • Data Entry, 5%
  • Purchase Orders, 5%
  • Project Coordination, 5%

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