Deposit clerk vs finance coordinator

The differences between deposit clerks 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 deposit clerk and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $31,146 average annual salary of a deposit clerk.

The top three skills for a deposit clerk include administrative tasks, tax returns and check amounts. The most important skills for a finance coordinator are patients, customer service, and payroll.

Deposit clerk vs finance coordinator overview

	Deposit Clerk	Finance Coordinator
Yearly salary	$31,146	$49,358
Hourly rate	$14.97	$23.73
Growth rate	-5%	-5%
Number of jobs	66,434	106,187
Job satisfaction	-	5
Most common degree	High School Diploma, 32%	Bachelor's Degree, 58%
Average age	51	51
Years of experience	6	6

Deposit clerk vs finance coordinator salary

Deposit clerks and finance coordinators have different pay scales, as shown below.

	Deposit Clerk	Finance Coordinator
Average salary	$31,146	$49,358
Salary range	Between $25,000 And $37,000	Between $34,000 And $71,000
Highest paying City	-	Washington, DC
Highest paying state	-	Maryland
Best paying company	-	McKinsey & Company Inc
Best paying industry	-	Professional

Differences between deposit clerk and finance coordinator education

There are a few differences between a deposit clerk and a finance coordinator in terms of educational background:

	Deposit Clerk	Finance Coordinator
Most common degree	High School Diploma, 32%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Deposit clerk vs finance coordinator demographics

Here are the differences between deposit clerks' and finance coordinators' demographics:

	Deposit Clerk	Finance Coordinator
Average age	51	51
Gender ratio	Male, 18.6% Female, 81.4%	Male, 22.1% Female, 77.9%
Race ratio	Black or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.3% 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	7%	7%

Differences between deposit clerk and finance coordinator duties and responsibilities

Deposit clerk example responsibilities.

Manage finance operations of assign USPS location.
Comply with IRS rules and guidelines.
Post ATM transactions, debit and credit accounts accordingly.
Balance branch ATM's with frequent telephone interaction with the bank personnel in the same manner as the retail machines.
Researched/Post payments not process by Lockbox and prepare nightly deposits.
Maintain payroll operations by following policies and procedures; reporting need changes and requesting approvals before payrolls are released.

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.

Deposit clerk vs finance coordinator skills

Common deposit clerk skills

Administrative Tasks, 20%
Tax Returns, 16%
Check Amounts, 13%
IRS, 12%
Treasury, 8%
Credit Card Payments, 6%

Common finance coordinator skills

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