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Finance Coordinator skills for your resume and career

Updated January 8, 2025

5 min read

Quoted Experts

Curtis Nicholls Ph.D.,

Frank Longo

Below we've compiled a list of the most critical finance coordinator skills. We ranked the top skills for finance coordinators based on the percentage of resumes they appeared on. For example, 21.4% of finance coordinator resumes contained patients as a skill. Continue reading to find out what skills a finance coordinator needs to be successful in the workplace.

15 finance coordinator skills for your resume and career

1. Patients

Here's how finance coordinators use patients:

Researched and established contractual agreements with finance company to extend patients interest free credit to cover extensive dental treatment.
Explored, recommended, and coordinated the various financial options available to kidney-dialysis patients including Medicare and Medicaid.

2. Customer Service

Customer service is the process of offering assistance to all the current and potential customers -- answering questions, fixing problems, and providing excellent service. The main goal of customer service is to build a strong relationship with the customers so that they keep coming back for more business.

Here's how finance coordinators use customer service:

Established and managed all operational/financial functions, including purchasing, inventory control, sales quotations, customer service and profitability reporting.
Facilitated information flow between customer service, management, quality assurance and training departments to guarantee call center objectives were met.

3. Payroll

Payroll is the sum of all the compensation that an organization has to pay to employees at a specified time. Payroll is managed by the finance or HR department while small business owners may handle it themselves. Payroll isn't fixed as it varies every month due to sick leaves, overtime, etc.

Here's how finance coordinators use payroll:

Tracked hourly payroll data, created monthly backup documentation, and submitted invoices for payment according to location-specific requirements.
Administered payroll, compensation and benefits and coordinated work activities relating to employment, compensation and employee training.

4. Reconciliations

Here's how finance coordinators use reconciliations:

Managed patient and insurance account receivables, performed patient account reconciliations, account audits, processed insurance billing/correspondence.
Coordinated accounts, communicating with internal and external customers for reconciliations, accounts receivable and contract review.

5. Data Entry

Data entry means entering data into a company's system with the help of a keyboard. A person responsible for entering data may also be asked to verify the authenticity of the data being entered. A person doing data entry must pay great attention to tiny details.

Here's how finance coordinators use data entry:

Received, recorded and compiled transactions orderly with original document and data entry into accounting system to generate summons
Performed data entry, verified insurance and authorized authorizations.

6. Insurance Benefits

Here's how finance coordinators use insurance benefits:

Verify insurance benefits and eligibility, calculate patient responsibility amounts, and enter comprehensive account notes.
Helped patients utilize their current and specific insurance benefits for added affordability.

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7. Insurance Verification

Here's how finance coordinators use insurance verification:

Answered phone calls of potential clients and provided them with treatment information, insurance verification information and financial information.
Provide insurance verification, medical benefit analysis with respect to transplantation, including benefits for pharmaceuticals.

8. Purchase Orders

Here's how finance coordinators use purchase orders:

Created purchase orders for medical translators, proofreaders and project managers -Maintained company financial files -Ordered office supplies
Provide purchase orders to subcontractors, maintain database with insurance and licensing and customer support information.

9. Medicaid

Here's how finance coordinators use medicaid:

Provided emergency Medicaid screening for undocumented patients, and performed necessary follow-up calls pertaining to NYC Medicaid applications.
Determined and screen Medicare/ Medicaid eligibility, initiated and followed-up application process until approval was granted.

10. PowerPoint

Here's how finance coordinators use powerpoint:

Produced basic PowerPoint presentation materials, including graphical renderings for illustration.
Prepared presentations and reports for the Senior Vice President and Corporate Controller using PowerPoint and Microsoft Word.

11. Journal Entries

Journal entries can be defined as an act of keeping or making records of any transactions either economic or non-economic. The journal entries are made in the accounting systems of an organization. The entries are filled with two main fields; debit and credit. The debit and credit must be equal at the end of a journal entry else it is not considered correct. The journal entries also keep the date of transactions and the names of the accounts that were affected by the transactions.

Here's how finance coordinators use journal entries:

Compiled and analyzed financial information utilized in preparation of journal entries and accruals to general ledger accounts.
Reviewed preliminary financial statements and prepared necessary adjusting journal entries.

12. Patient Accounts

Patient accounts are a part of a hospital information system that is used for storing financial data, keeping a record of healthcare costs, and providing information regarding patient billing. It deals with the financial aspects of the healthcare setting.

Here's how finance coordinators use patient accounts:

Maintain patient accounts by obtaining, recording, and updating personal, financial and insurance information accurately and timely.
Communicated with patient accounts when problems occurred and assisted in finding a resolution while maintaining patient confidentiality.

13. Financial Analysis

Here's how finance coordinators use financial analysis:

Perform periodic financial analysis to review expenditure and projections for costs to ensure maximum utilization of resources.
Reviewed project plans and assisted upper management in preparing for business cases and financial analysis.

14. Insurance Coverage

Here's how finance coordinators use insurance coverage:

Obtained insurance coverage including Department of Rehabilitation authorizations, and processed payments from primary and secondary insurance companies.
Provided benefit information to patients including insurance coverage, personal financial costs and medical assistance referral if applicable.

15. Credit Card

A type of card issued by banks and other financial institutions, that enable users to manage and borrow their finances is called a credit card. The funds borrowed from a financial institution through a credit card are meant to be paid back along with certain amounts of interest imposed by the bank.

Here's how finance coordinators use credit card:

Performed general accounting functions, credit/collection functions, asset inventories and administered company credit card programs.
Processed monthly corporate credit card expenditures and staff expenses leading into assisting on monthly financial reconciliation.

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What skills help Finance Coordinators find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

What skills stand out on Finance Coordinator resumes?

Curtis Nicholls Ph.D.

Associate Professor of Accounting, Co-director of the Student Managed Investment Fund, Bucknell University

The obvious trends are going to become more pronounced: coding and technology-related skills. I think we are going to see an elevation in the coding expectations. In the future, I expect employers to begin providing coding assessments to potential candidates. This is a common feature of engineering and finance jobs, and I think we will see it with respect to claims about coding prowess.

Data skills will also continue to become more prevalent across all business disciplines. Employers are looking for experience with large data sets, data visualization software (e.g. Tableau, PowerBI, Alteryx, etc.) and statistical analysis. Data has become a major currency, and employees' ability to utilize data for decision making will be critical to success in the employment marketplace.

Beyond the obvious, I think the pandemic has also shifted focus to skills surrounding resilience and motivation. I've heard employers during the pandemic express surprise at the disparity of responses to the pandemic: some employees made the pivot to remote work seamlessly, others required significantly more support. Skills that demonstrate resilience, such as group work, honors programs, etc. will become more important.
I would encourage job seekers to highlight skills learned during the pandemic. I would anticipate a regular interview question inquiring about how the job seeker used their extra time during the pandemic. The most common answers will likely include lots of Queen's Gambit and Tiger King, but employers will look for answers surrounding the development of new skills or acquired certifications. Imagine the employer's thoughts when you suggest that you used the extra time to pursue a lifelong dream such as learning to play the piano or guitar. If you missed the early pandemic window of opportunity, take advantage now!

This line of questions may precede a dangerous trend for employers to look for indications of mental strength. I find this possibility disheartening as we could see employers screening employees with mental health challenges at a time when the solidarity of a job could provide much needed structure.

What hard/technical skills are most important for Finance Coordinators?

Frank Longo

Assistant Professor of Business, Centenary University

Proficiency with emerging technology is an attention-getter. We should note that the Certified Public Accountants Exam will contain three sections by 2024, including Data Analytics, Tax Compliance and Planning, and Information System and Controls. A basic knowledge will be required in each of these, and the CPA candidate will identify one area of the above for more detailed testing. This change in knowledge requirements reflects the skills employers see as most important to hire. Using technology in any of these areas can move a candidate to the top of the hiring list. We should emphasize that the job candidate does not need to be an expert in each area, but the ability to effectively use technology in one area is important. Employers are looking for the ability to use technology in information security, business processes, information systems, IT audits, data analytics, and tax planning but not all of them.

Keep in mind that successful firms performed audits, prepared tax returns, advised clients on data security, and much more during the pandemic, and they often did so remotely. This can be expected to continue into the future.

What soft skills should all Finance Coordinators possess?

Frank Longo

Assistant Professor of Business, Centenary University

The skills listed above in question number one are soft skills. They are the skills that truly differentiate the candidate. All candidates are expected to possess hard skills such as excel proficiency. It is the soft skills that get the job done. The ability to solve problems and to lead a team are the top requirements. Recent studies conducted by the National Association of Colleges and Employers consistently arrived at this conclusion, as did a recent Centenary University survey that included New Jersey and New York employers. These skills can be demonstrated through work experience, internships, and extra-curricular activities, including clubs and sports, which can serve as examples.

Do you want to know more?

List of finance coordinator skills to add to your resume

The most important skills for a finance coordinator resume and required skills for a finance coordinator to have include:

Patients
Customer Service
Payroll
Reconciliations
Data Entry
Insurance Benefits
Insurance Verification
Purchase Orders
Medicaid
PowerPoint
Journal Entries
Patient Accounts
Financial Analysis
Insurance Coverage
Credit Card
General Ledger
Financial Data

Financial Transactions
HR
Financial Operations
Front Desk
Scheduling Appointments
Expense Reports
CPT
Financial Assistance
Financial Issues
Billing Issues
Insurance Eligibility
Grants Management
Insurance Claims
Internal Controls
Financial Arrangements
Accounts Receivables
Payment Options

PeopleSoft
HIPAA
Insurance Payments
Patient Billing
Payment Arrangements
Bank Accounts
Bank Deposits
Vendor Invoices
Insurance Carriers
QuickBooks
Cobra
Patient Payments
Patient Appointments
Accounts Payables
Bank Statements

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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