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Item processing clerk vs finance coordinator

The differences between item processing 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 item processing clerk and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $31,994 average annual salary of an item processing clerk.

The top three skills for an item processing clerk include process checks, financial institutions and data entry. The most important skills for a finance coordinator are patients, customer service, and payroll.

Item processing clerk vs finance coordinator overview

Item Processing ClerkFinance Coordinator
Yearly salary$31,994$49,358
Hourly rate$15.38$23.73
Growth rate-5%-5%
Number of jobs73,889106,187
Job satisfaction-5
Most common degreeBachelor's Degree, 33%Bachelor's Degree, 58%
Average age5151
Years of experience66

Item processing clerk vs finance coordinator salary

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

Item Processing ClerkFinance Coordinator
Average salary$31,994$49,358
Salary rangeBetween $26,000 And $38,000Between $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 item processing clerk and finance coordinator education

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

Item Processing ClerkFinance Coordinator
Most common degreeBachelor's Degree, 33%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Item processing clerk vs finance coordinator demographics

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

Item Processing ClerkFinance Coordinator
Average age5151
Gender ratioMale, 26.4% Female, 73.6%Male, 22.1% Female, 77.9%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% 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 Percentage7%7%

Differences between item processing clerk and finance coordinator duties and responsibilities

Item processing clerk example responsibilities.

  • Image documents using IBM and NCR sorter machines, achieving high production while maintaining high quality control.
  • Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
  • Solve issues members would have with accounts and transactions at the ATM.
  • Reprocess checks on NCR 7780 and sort as appropriate to meet dispatch deadlines.
  • Compile and reconcile several accounting reports for DDA desk and bank operations note teller transactions.
  • Key missing amount, account, and other require MICR line fields in accordance with procedures.
  • Show more

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.
  • Show more

Item processing clerk vs finance coordinator skills

Common item processing clerk skills
  • Process Checks, 24%
  • Financial Institutions, 12%
  • Data Entry, 11%
  • ATM, 6%
  • Account Numbers, 5%
  • Lockbox, 5%
Common finance coordinator skills
  • Patients, 21%
  • Customer Service, 11%
  • Payroll, 5%
  • Reconciliations, 4%
  • Data Entry, 3%
  • Insurance Benefits, 3%

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