Financial Coordinator Average Salary

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 5 Financial Coordinator votes.
national salary data
National Employer Data
National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$23KC$46KC$69K
Salary
C$32,991 - C$68,961  
   
Bonus
C$0.00 - C$5,068  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$34,317 - C$67,927  
Country: Canada | Currency: CAD | Updated: 11 Feb 2017 | Individuals Reporting: 41

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Job Description for Financial Coordinator

Financial coordinators are generally responsible for record keeping within their organization. They create payment schedules to help customers handle outstanding payments, and they subsequently makes sure customers stick to these schedules. The main objective of a financial coordinator is to ensure their business maximizes revenue from the business it conducts. They oversee the majority of accounts payable and receiving transactions. as well as constantly evaluate incoming transactions and interest rates - recommending changes as appropriate to ensure maximum financial returns. Additionally, the financial coordinator is responsible for monitoring all outgoing vendor payments, ensuring payments go out on time and that no late fees or penalties are charged.

The day-to-day responsibilities of financial coordinators include maintaining accounting records in adherence to the organization's financial procedures, preparing internal and external financial reports, and preparing and recommending budget procedures. This position is generally full time, although financial coordinators' schedules vary depending on deadlines and the needs of their company. Financial coordinators' time is spent primarily in the office interacting with other members of the finance team and other employees within the organization. They typically report to a finance manager or the chief financial officer (CFO).

Financial coordinator jobs generally require a bachelor's degree in accounting or a related field, as well as at least three years' experience working in a finance environment. Excellent communication, organizational, and multitasking skills are required. Financial coordinators are required to have extensive knowledge in the finance field, and they must be proficient in basic computer software.
Financial Coordinator Tasks
  • Collect, analyze, and report on financial data in databases, documents, and presentations.
  • Verify, schedule, and prepare transaction information.
  • Create and process invoices, accounts, and payments.

Key Stats

Gender

Female
79 %
Male
21 %
Salary
C$40,000 - C$64,104
Salary
C$37,305 - C$64,094

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
2%
1-4 years
59%
5-9 years
17%
10-19 years
15%
20 years or more
7%

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