Escrow clerk vs finance coordinator

The differences between escrow 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 an escrow clerk and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $36,861 average annual salary of an escrow clerk.

The top three skills for an escrow clerk include escrow accounts, property taxes and insurance policies. The most important skills for a finance coordinator are patients, customer service, and payroll.

Escrow clerk vs finance coordinator overview

	Escrow Clerk	Finance Coordinator
Yearly salary	$36,861	$49,358
Hourly rate	$17.72	$23.73
Growth rate	-5%	-5%
Number of jobs	66,868	106,187
Job satisfaction	-	5
Most common degree	Associate Degree, 35%	Bachelor's Degree, 58%
Average age	51	51
Years of experience	6	6

Escrow clerk vs finance coordinator salary

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

	Escrow Clerk	Finance Coordinator
Average salary	$36,861	$49,358
Salary range	Between $27,000 And $49,000	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 escrow clerk and finance coordinator education

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

	Escrow Clerk	Finance Coordinator
Most common degree	Associate Degree, 35%	Bachelor's Degree, 58%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Escrow clerk vs finance coordinator demographics

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

	Escrow Clerk	Finance Coordinator
Average age	51	51
Gender ratio	Male, 11.5% Female, 88.5%	Male, 22.1% Female, 77.9%
Race ratio	Black or African American, 7.2% Unknown, 4.0% Hispanic or Latino, 15.3% Asian, 5.0% White, 67.9% 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 escrow clerk and finance coordinator duties and responsibilities

Escrow clerk example responsibilities.

Manage escrow department for title insurance company.
Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
Write checks in QuickBooks, send for signature, scan, separate, and mail.
Manage escrow department for title insurance company.

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.

Escrow clerk vs finance coordinator skills

Common escrow clerk skills

Escrow Accounts, 32%
Property Taxes, 23%
Insurance Policies, 14%
Flood Insurance, 11%
Tax Payments, 7%
HOA, 7%

Common finance coordinator skills

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