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The differences between finance coordinators and coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a finance coordinator, becoming a coordinator takes usually requires 6-12 months. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $41,599 average annual salary of a coordinator.
The top three skills for a finance coordinator include patients, customer service and payroll. The most important skills for a coordinator are customer service, patients, and excellent organizational.
| Finance Coordinator | Coordinator | |
| Yearly Salary | $49,358 | $41,599 |
| Hourly rate | $23.73 | $20.00 |
| Growth Rate | -5% | 12% |
| Number Of Jobs | 106,187 | 151,508 |
| Job Satisfaction | 5 | 5 |
| Most Common Degree | Bachelor's Degree, 58% | Bachelor's Degree, 57% |
| Average Age | 51 | 43 |
| Years Of Experience | 6 | 12 |
Finance coordinators are skilled professionals who are employed by all types of industries to manage their financial records accurately. Under the supervision of financial managers, they correlate the company's accounts receivables and payables. They should be able to keep records together with documentation effectively to ensure precision and punctuality of deliverables. Their responsibilities include ensuring accurate billing of customers, managing billing issues and disputes, and making required adjustments to clients' accounts. Candidates for the job must be organized, detail-oriented, able to multi-task as well as cautiously handle sensitive information.
Coordinators are responsible for liaising between the department they are assigned to and any other external party. They oversee projects or agreements. They are in charge of following through negotiations between the two parties regarding work. They see through the conduct of such contracts by ensuring that all terms are amenable to both parties. They maintain records and other necessary data and paperwork. They also ensure that office policy and guidelines are being followed. Coordinators also ensure that all projects are completed efficiently and effectively.
Finance coordinators and coordinators have different pay scales, as shown below.
| Finance Coordinator | Coordinator | |
| Average Salary | $49,358 | $41,599 |
| Salary Range | Between $34,000 And $71,000 | Between $27,000 And $61,000 |
| Highest Paying City | Washington, DC | San Francisco, CA |
| Highest Paying State | Maryland | Alaska |
| Best Paying Company | McKinsey & Company Inc | Meta |
| Best Paying Industry | Professional | Technology |
There are a few differences between a finance coordinator and a coordinator in terms of educational background:
| Finance Coordinator | Coordinator | |
| Most Common Degree | Bachelor's Degree, 58% | Bachelor's Degree, 57% |
| Most Common Major | Business | Business |
| Most Common College | University of Pennsylvania | University of Southern California |
Here are the differences between finance coordinators' and coordinators' demographics:
| Finance Coordinator | Coordinator | |
| Average Age | 51 | 43 |
| Gender Ratio | Male, 22.1% Female, 77.9% | Male, 36.3% Female, 63.7% |
| Race Ratio | 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% | Black or African American, 11.5% Unknown, 5.2% Hispanic or Latino, 20.9% Asian, 6.4% White, 53.9% American Indian and Alaska Native, 2.1% |
| LGBT Percentage | 7% | 11% |