What does a finance coordinator do?

Accounting clerks are employees assigned to manage administrative and clerical tasks in the accounting department. Accounting clerks handle office accounting records and ensure that files are properly labeled and stored. They validate records and check whether these are updated. They also sort through documents to ensure that they are in their proper storage bins. Aside from document handling, they also help with creating and validating financial statements and bookkeeping. As such, accounting clerks should have a strong background in accounting to manage their tasks better.

There are some key differences in the responsibilities of each position. For example, finance coordinator responsibilities require skills like "patients," "payroll," "insurance benefits," and "insurance verification." Meanwhile a typical accounting clerk has skills in areas such as "general ledger accounts," "credit card payments," "ledgers," and "cash receipts." This difference in skills reveals the differences in what each career does.

An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.

While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that finance coordinator responsibilities requires skills like "patients," "insurance benefits," "insurance verification," and "medicaid." But an accounts payable clerk might use other skills in their typical duties, such as, "vendor statements," "ach," "general ledger accounts," and "vendor inquiries."

An accounting associate is responsible for supporting the operations of the accounting department, ensuring the stability of the financial services and status of an organization. Accounting associates process invoices, update client accounts on the database, manage financial reports, assist with tax auditing and processing, monitoring the financial statements and activities of the organization, escalate financial disputes, and verify accounts receivable. An accounting associate must have excellent knowledge of the accounting industry, as well as exceptional analytical and time-management skills to perform clerical duties as needed under minimal supervision.

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from finance coordinator resumes include skills like "patients," "payroll," "insurance benefits," and "insurance verification," whereas an accounting associate is more likely to list skills in "account reconciliations," "general ledger accounts," "work ethic," and "balance sheet. "

The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.

Even though a few skill sets overlap between finance coordinators and accountable clerks, there are some differences that are important to note. For one, a finance coordinator might have more use for skills like "patients," "payroll," "reconciliations," and "insurance benefits." Meanwhile, some responsibilities of accountable clerks require skills like "process payroll," "office equipment," "payment vouchers," and "general ledger accounts. "