Post job

Budget technician vs finance coordinator

The differences between budget technicians 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 a budget technician and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $42,506 average annual salary of a budget technician.

The top three skills for a budget technician include financial management, financial data and financial reports. The most important skills for a finance coordinator are patients, customer service, and payroll.

Budget technician vs finance coordinator overview

Budget TechnicianFinance Coordinator
Yearly salary$42,506$49,358
Hourly rate$20.44$23.73
Growth rate-5%-5%
Number of jobs7,432106,187
Job satisfaction-5
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 58%
Average age5151
Years of experience66

Budget technician vs finance coordinator salary

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

Budget TechnicianFinance Coordinator
Average salary$42,506$49,358
Salary rangeBetween $31,000 And $56,000Between $34,000 And $71,000
Highest paying CitySanta Rosa, CAWashington, DC
Highest paying stateAlaskaMaryland
Best paying companyUniversity of Southern CaliforniaMcKinsey & Company Inc
Best paying industryEducationProfessional

Differences between budget technician and finance coordinator education

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

Budget TechnicianFinance Coordinator
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Budget technician vs finance coordinator demographics

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

Budget TechnicianFinance Coordinator
Average age5151
Gender ratioMale, 28.5% Female, 71.5%Male, 22.1% Female, 77.9%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 6.5% White, 67.8% 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 Percentage7%7%

Differences between budget technician and finance coordinator duties and responsibilities

Budget technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Supervise unit logistics team by planning logistics functions and allocating manpower to fulfill logistics requirements of the organization.
  • Verify with division that FTE levels, funding sources, account codes are correct and balance to control numbers.
  • Utilize agency allocation letters, spending plans and FTE utilization are develop within funding resources.

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.
  • Show more

Budget technician vs finance coordinator skills

Common budget technician skills
  • Financial Management, 12%
  • Financial Data, 7%
  • Financial Reports, 7%
  • Status Updates, 7%
  • Budget Reports, 4%
  • Budget Analysis, 4%
Common finance coordinator skills
  • Patients, 21%
  • Customer Service, 11%
  • Payroll, 5%
  • Reconciliations, 4%
  • Data Entry, 3%
  • Insurance Benefits, 3%

Browse office and administrative jobs