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Reconciliation clerk vs finance coordinator

The differences between reconciliation 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 reconciliation clerk and a finance coordinator. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $31,698 average annual salary of a reconciliation clerk.

The top three skills for a reconciliation clerk include reconciliations, general ledger accounts and bank deposits. The most important skills for a finance coordinator are patients, customer service, and payroll.

Reconciliation clerk vs finance coordinator overview

Reconciliation ClerkFinance Coordinator
Yearly salary$31,698$49,358
Hourly rate$15.24$23.73
Growth rate-5%-5%
Number of jobs66,942106,187
Job satisfaction-5
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 58%
Average age5151
Years of experience66

Reconciliation clerk vs finance coordinator salary

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

Reconciliation ClerkFinance Coordinator
Average salary$31,698$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 reconciliation clerk and finance coordinator education

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

Reconciliation ClerkFinance Coordinator
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 58%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Reconciliation clerk vs finance coordinator demographics

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

Reconciliation ClerkFinance Coordinator
Average age5151
Gender ratioMale, 25.8% Female, 74.2%Male, 22.1% Female, 77.9%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.2% 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 reconciliation clerk and finance coordinator duties and responsibilities

Reconciliation clerk example responsibilities.

  • Manage finance operations of assign USPS location.
  • Prepare monthly journal entries and reconciliations using computerize spreadsheets for balance sheet and income statement accounts.
  • Switch all paper checks to EFT's.
  • Start in the lockbox department.
  • Encode and balance banking transactions.
  • Encode checks for processing on NCR proof machine.
  • 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

Reconciliation clerk vs finance coordinator skills

Common reconciliation clerk skills
  • Reconciliations, 18%
  • General Ledger Accounts, 15%
  • Bank Deposits, 10%
  • Journal Entries, 8%
  • Financial Statements, 6%
  • Bank Accounts, 5%
Common finance coordinator skills
  • Patients, 21%
  • Customer Service, 11%
  • Payroll, 5%
  • Reconciliations, 4%
  • Data Entry, 3%
  • Insurance Benefits, 3%

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