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Product development coordinator vs finance counselor

The differences between product development coordinators and finance counselors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a product development coordinator, becoming a finance counselor takes usually requires 2-4 years. Additionally, a product development coordinator has an average salary of $58,473, which is higher than the $40,561 average annual salary of a finance counselor.

The top three skills for a product development coordinator include product development, apparel and powerpoint. The most important skills for a finance counselor are patients, customer service, and medical terminology.

Product development coordinator vs finance counselor overview

Product Development CoordinatorFinance Counselor
Yearly salary$58,473$40,561
Hourly rate$28.11$19.50
Growth rate19%15%
Number of jobs113,216101,005
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 47%
Average age3745
Years of experience64

What does a product development coordinator do?

Product development coordinator positions require skills in time management, multitasking, organization, teamwork, and communication, in addition to being pro-active, process-oriented, and having good initiative. Those who choose this career path will be called on to oversee product life cycles, tracking product distribution, finding ways to gain consumer interest, assisting product launches, filling out paperwork, and reporting data.

What does a finance counselor do?

A finance counselor specializes in providing billing advice to patients in a hospital or similar setting. They are primarily responsible for giving cost-estimates and offering financial assistance in payment plans and other options such as insurance. Moreover, they must gather patient information and requirements, verifying them for authenticity. They must also review financial and medical history to ensure that the patient can uphold financial obligations. Furthermore, it is essential to build rapport with clients to improve relationships.

Product development coordinator vs finance counselor salary

Product development coordinators and finance counselors have different pay scales, as shown below.

Product Development CoordinatorFinance Counselor
Average salary$58,473$40,561
Salary rangeBetween $42,000 And $81,000Between $32,000 And $50,000
Highest paying CitySan Francisco, CAGlen Cove, NY
Highest paying stateDelawareNew York
Best paying companyIntuitive SurgicalMorgan Stanley
Best paying industryManufacturingHealth Care

Differences between product development coordinator and finance counselor education

There are a few differences between a product development coordinator and a finance counselor in terms of educational background:

Product Development CoordinatorFinance Counselor
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 47%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Product development coordinator vs finance counselor demographics

Here are the differences between product development coordinators' and finance counselors' demographics:

Product Development CoordinatorFinance Counselor
Average age3745
Gender ratioMale, 24.2% Female, 75.8%Male, 21.0% Female, 79.0%
Race ratioBlack or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.5% Asian, 13.6% White, 65.1% American Indian and Alaska Native, 0.1%Black or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.1% Asian, 5.8% White, 73.4% American Indian and Alaska Native, 0.1%
LGBT Percentage10%5%

Differences between product development coordinator and finance counselor duties and responsibilities

Product development coordinator example responsibilities.

  • Manage vendor and supplier communications, project deadlines, pricing negotiations, production and QA testing.
  • Lead expert team that prove feasibility of manufacturing green elastomeric nonwovens by reactive extrusion.
  • Record all seasonal information: daily update of WIP chart, capturing all updates/changes throughout season.
  • Experience in spur gear design - macro and micro geometry, complete DFMEA for gearbox concepts, mechanisms and components.
  • Focuse on the processes of RFQ, DFMEA, testing, assembly process design, supplier selection and final development.
  • Launch highly successful BCG brand athletic apparel line driving company growth through balancing quality with cost-effective production.
  • Show more

Finance counselor example responsibilities.

  • Lead cleanup of company database and files with pending patient and insurance payments through Meditech software program.
  • Work one on one with the nurses to insure all patients are registered and treat with dignity and compassion.
  • Develop ad implement in-house software financial aid college work-study program.
  • Collect student paperwork to verify FAFSA applications to award accurate financial aid.
  • Provide excellent customer service reflecting respect and compassion towards every patient and visitor.
  • Interview and train college work-study personnel, and counsele students/parents for eligibility for financial aid.
  • Show more

Product development coordinator vs finance counselor skills

Common product development coordinator skills
  • Product Development, 8%
  • Apparel, 6%
  • PowerPoint, 6%
  • PLM, 6%
  • Overseas Vendors, 6%
  • R, 5%
Common finance counselor skills
  • Patients, 28%
  • Customer Service, 11%
  • Medical Terminology, 6%
  • Insurance Benefits, 5%
  • Insurance Coverage, 4%
  • Payment Arrangements, 4%

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