Finance coordinators work for finance departments and are responsible for managing a company's accounts payable and receivable. They keep track of receipts and financial documents and resolve any issue regarding billing.
If you are considering a position as a finance coordinator, an interest in numbers and analytical thinking are non-negotiable. You will need to handle cash and accounting software proficiently, be organized, and know how to deal with people.
Before you take on this role, though, you will need to have work experience in the financial sector. A degree in accounting, finance, or a related field will also be necessary. You will work in an office and have a dynamic job with multiple tasks to deal with simultaneously.
How to Become a Finance Coordinator
There is more than meets the eye when it comes to being a finance coordinator. For example, did you know that they make an average of $22.24 an hour? That's $46,266 a year!
Between 2018 and 2028, the career is expected to grow -4% and produce -65,800 job opportunities across the U.S.
What Does a Finance Coordinator Do
There are certain skills that many finance coordinators have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, integrity and detail oriented.
How To Become a Finance Coordinator
If you're interested in becoming a finance coordinator, one of the first things to consider is how much education you need. We've determined that 58.0% of finance coordinators have a bachelor's degree. In terms of higher education levels, we found that 9.4% of finance coordinators have master's degrees. Even though most finance coordinators have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a finance coordinator. When we researched the most common majors for a finance coordinator, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on finance coordinator resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a finance coordinator. In fact, many finance coordinator jobs require experience in a role such as administrative assistant. Meanwhile, many finance coordinators also have previous career experience in roles such as office manager or customer service representative.
Finance Coordinator Career Paths
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of finance analyst you might progress to a role such as senior accountant eventually. Later on in your career, you could end up with the title assistant controller.
Finance Coordinator
Assistant Controller
6 Years
Manager Finance Planning And Analysis
8 Years
Business Office Manager
7 Years
Senior Finance Manager
11 Years
Office Manager Of Human Resources
6 Years
Accountant And Office Manager
6 Years
Show More
Average Salary for a Finance Coordinator
Finance Coordinators in America make an average salary of $46,266 per year or $22 per hour. The top 10 percent makes over $64,000 per year, while the bottom 10 percent under $32,000 per year.
Average Finance Coordinator Salary
$46,266Â Yearly$22.24 hourly
$32,000
10 %
$46,000
Median
$64,000
90 %
What Am I Worth?
0 selections
0 selections
Top Colleges for Finance Coordinators
1. University of Pennsylvania
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
2. Northwestern University
Evanston, IL • Private
In-State Tuition
$54,568
Enrollment
8,451
3. University of Southern California
Los Angeles, CA • Private
In-State Tuition
$56,225
Enrollment
19,548
4. SUNY at Binghamton
Vestal, NY • Private
In-State Tuition
$9,808
Enrollment
13,990
5. Villanova University
Villanova, PA • Private
In-State Tuition
$53,308
Enrollment
6,819
6. San Diego State University
San Diego, CA • Private
In-State Tuition
$7,488
Enrollment
30,018
7. Bentley University
Waltham, MA • Private
In-State Tuition
$49,880
Enrollment
4,177
8. SUNY Farmingdale
Farmingdale, NY • Private
In-State Tuition
$8,306
Enrollment
9,394
9. Boston University
Boston, MA • Private
In-State Tuition
$53,948
Enrollment
17,238
10. SUNY Stony Brook
Stony Brook, NY • Private
In-State Tuition
$9,625
Enrollment
17,407
Top Skills For a Finance Coordinator
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 16.2% of finance coordinators listed insurance companies on their resume, but soft skills such as computer skills and integrity are important as well.
Choose From 10+ Customizable Finance Coordinator Resume templates
Zippia allows you to choose from different easy-to-use Finance Coordinator templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Finance Coordinator resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Finance Coordinator Demographics
Finance Coordinator Gender Distribution
Female
78%
Male
22%
After extensive research and analysis, Zippia's data science team found that:
- Among finance coordinators, 77.9% of them are women, while 22.1% are men.
- The most common race/ethnicity among finance coordinators is White, which makes up 71.8% of all finance coordinators.
- The most common foreign language among finance coordinators is Spanish at 54.9%.
Online Courses For Finance Coordinator That You May Like
Advertising Disclosure  The courses listed below are affiliate links. This means if you click on the link and purchase the course, we may receive a commission.
Financial Accounting Subsidiary Ledgers & Special Journals
Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal...
Financial Accounting Payroll
Payroll calculations - federal income tax, social security, Medicare - Payroll journal entries posted to ledger accounts...
Financial Accounting-Adjusting Entries & Financial Statement
Adjusting entry creation, posting adjusting entries to a worksheet, creating financial statements from the trial balance...
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Best States For a Finance Coordinator
Some places are better than others when it comes to starting a career as a finance coordinator. The best states for people in this position are Massachusetts, Connecticut, Washington, and New York. Finance coordinators make the most in Massachusetts with an average salary of $69,642. Whereas in Connecticut and Washington, they would average $68,482 and $67,424, respectively. While finance coordinators would only make an average of $66,077 in New York, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Vermont
Total Finance Coordinator Jobs:
223
Highest 10% Earn:
$92,000
Location Quotient:
1.98 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
$65,602
Avg. Salary
2. Connecticut
Total Finance Coordinator Jobs:
613
Highest 10% Earn:
$98,000
Location Quotient:
1.26 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
$68,482
Avg. Salary
3. Rhode Island
Total Finance Coordinator Jobs:
320
Highest 10% Earn:
$90,000
Location Quotient:
1.8 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
$64,283
Avg. Salary
How Do Finance Coordinator Rate Their Jobs?
Top Finance Coordinator Employers
Most Common Employers For Finance Coordinator
| Rank  | Company  | Average Salary  | Hourly Rate  | Job Openings  |
|---|---|---|---|---|
| 1 | IBM | $84,363 | $40.56 | 44 |
| 2 | Summit Polymers | $48,870 | $23.50 | 12 |
| 3 | Inova Health | $47,809 | $22.99 | 19 |
| 4 | P&G | $46,634 | $22.42 | 17 |
| 5 | Appalachia Service Project | $46,266 | $22.24 | 21 |
| 6 | Fresenius Kidney Care Dodge City | $46,266 | $22.24 | 16 |
| 7 | Cleveland Clinic | $46,047 | $22.14 | 28 |
| 8 | PepsiCo | $45,119 | $21.69 | 23 |
| 9 | LifeBridge Health | $44,519 | $21.40 | 17 |
| 10 | DXC Technology | $41,684 | $20.04 | 20 |