Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance coordinators and finance account managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a finance coordinator, becoming a finance account manager takes usually requires 6-8 years. Additionally, a finance account manager has an average salary of $68,403, which is higher than the $49,358 average annual salary of a finance coordinator.
The top three skills for a finance coordinator include patients, customer service and payroll. The most important skills for a finance account manager are financial services, account management, and financial analysis.
| Finance Coordinator | Finance Account Manager | |
| Yearly salary | $49,358 | $68,403 |
| Hourly rate | $23.73 | $32.89 |
| Growth rate | -5% | 17% |
| Number of jobs | 106,187 | 184,766 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 70% |
| Average age | 51 | 46 |
| Years of experience | 6 | 8 |
Finance coordinators are skilled professionals who are employed by all types of industries to manage their financial records accurately. Under the supervision of financial managers, they correlate the company's accounts receivables and payables. They should be able to keep records together with documentation effectively to ensure precision and punctuality of deliverables. Their responsibilities include ensuring accurate billing of customers, managing billing issues and disputes, and making required adjustments to clients' accounts. Candidates for the job must be organized, detail-oriented, able to multi-task as well as cautiously handle sensitive information.
The job of a finance account manager is to oversee, monitor, and evaluate the day-to-day activities of an organization's accounting department. As a finance account manager, you will perform a variety of tasks that may include assisting the accountant with reports and client settlement transactions, developing and implementing operational procedures and policies, and monitoring and analyzing accounting data. You will also be responsible for producing financial statements and reports and ensuring that the organization's financial accounting goals and objectives are met.
Finance coordinators and finance account managers have different pay scales, as shown below.
| Finance Coordinator | Finance Account Manager | |
| Average salary | $49,358 | $68,403 |
| Salary range | Between $34,000 And $71,000 | Between $46,000 And $100,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | Maryland | Pennsylvania |
| Best paying company | McKinsey & Company Inc | The New York Times Company |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a finance coordinator and a finance account manager in terms of educational background:
| Finance Coordinator | Finance Account Manager | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance coordinators' and finance account managers' demographics:
| Finance Coordinator | Finance Account Manager | |
| Average age | 51 | 46 |
| Gender ratio | Male, 22.1% Female, 77.9% | Male, 48.7% Female, 51.3% |
| Race ratio | 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% | Black or African American, 7.4% Unknown, 4.1% Hispanic or Latino, 14.1% Asian, 10.0% White, 64.1% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 7% | 11% |