Ledger clerk vs finance coordinator

The differences between ledger 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 a ledger clerk and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $33,104 average annual salary of a ledger clerk.

The top three skills for a ledger clerk include general ledger, balance sheet accounts and data entry. The most important skills for a finance coordinator are patients, customer service, and payroll.

Ledger clerk vs finance coordinator overview

	Ledger Clerk	Finance Coordinator
Yearly salary	$33,104	$49,358
Hourly rate	$15.92	$23.73
Growth rate	-5%	-5%
Number of jobs	66,670	106,187
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 40%	Bachelor's Degree, 58%
Average age	51	51
Years of experience	6	6

Ledger clerk vs finance coordinator salary

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

	Ledger Clerk	Finance Coordinator
Average salary	$33,104	$49,358
Salary range	Between $27,000 And $40,000	Between $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 ledger clerk and finance coordinator education

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

	Ledger Clerk	Finance Coordinator
Most common degree	Bachelor's Degree, 40%	Bachelor's Degree, 58%
Most common major	Accounting	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Ledger clerk vs finance coordinator demographics

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

	Ledger Clerk	Finance Coordinator
Average age	51	51
Gender ratio	Male, 23.4% Female, 76.6%	Male, 22.1% Female, 77.9%
Race ratio	Black 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 Percentage	7%	7%

Differences between ledger clerk and finance coordinator duties and responsibilities

Ledger clerk example responsibilities.

Manage multiple deadlines for numerous payroll divisions and complex division budget reports with accurately and efficiently.
Account reconciliations, post journal entries, trial balance, work at registration.
Perform month-end closing including journal entry preparations and account reconciliations.
Record daily cash transactions and perform bank reconciliation to assure that corporate funds/assets are maintain and assets are protect.
Prepare accounting entries for the AS400 accounting software.
Review and reconcile transaction reports in AS400 to isolate discrepancies that need additional research.

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.

Ledger clerk vs finance coordinator skills

Common ledger clerk skills

General Ledger, 36%
Balance Sheet Accounts, 14%
Data Entry, 13%
Reconciliations, 13%
Invoice, 5%
Bank Accounts, 4%

Common finance coordinator skills

Patients, 21%
Customer Service, 11%
Payroll, 5%
Reconciliations, 4%
Data Entry, 3%
Insurance Benefits, 3%