Financial Coordinator Salary

The average Financial Coordinator in the United States earns approximately $18.00 per hour. Compensation ranges between $13.27 per hour and $24.37. Total cash compensation for Financial Coordinators runs from $29K to $55K depending on bonuses that can occasionally exceed $4K and profit sharing that can reach almost $2K. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Most Financial Coordinators report high levels of job satisfaction. Health benefits are not claimed by all — slightly less than a third lack any form of coverage — but the larger part have medical insurance, and a majority have dental, too. Financial Coordinators who responded to the questionnaire are largely women, dominating at 86 percent. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$34,651 - $61,975
$35K
$44K
$62K
MEDIAN: $44,264
10%
50%
90%

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$13.27 - $24.37
$13
$18
$24
MEDIAN: $18.00
10%
50%
90%

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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.
)
$0$21K$42K$63K
Salary
$34,651 - $61,975  
   
Bonus
$0.00 - $3,548  
Profit Sharing
$0.00 - $2,081  
Commission
$0.00  
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).
)
$29,282 - $55,280  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 205
National Hourly Rate 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.
)
$0$12$24$36
Hourly Rate
$13.27 - $24.37  
   
Hourly Tips
$0.00  
Overtime
$15.35 - $33.37  
National Annualized 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.
)
$0$24K$48K$72K
Bonus
$0.00 - $3,548  
   
Commission
$0.00  
Profit Sharing
$0.00 - $2,081  
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).
)
$29,282 - $55,280  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 383

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United States (change)

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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.

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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.

Common Career Paths for Financial Coordinator


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Financial Coordinators who transition into an upper level Office Manager of a Dental Office position will not necessarily make much more than they do in their current role. The average Office Manager of a Dental Office makes $41K a year.

Financial Coordinator Job Listings

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Popular Skills for Financial Coordinator


Financial Coordinators seem to wield many skills on the job. Most notably, facility with Accounting, Budget Management, and Payroll Administration are correlated to pay that is significantly above average, leading to increases of 27 percent, 19 percent, and 17 percent, respectively. Those listing Financial Applications as a skill should be prepared for drastically lower pay. Scheduling and Billing also typically command lower compensation. It is often found that people who know Accounts Receivable are also skilled in Accounts Payable and Financial Reporting. A tool kit that includes Insurance also typically contains Financial Reporting.

Pay by Experience Level for Financial Coordinator

Pay by Experience for a Financial Coordinator has a positive trend. An entry-level Financial Coordinator with less than 5 years of experience can expect to earn an average total compensation of $38,000 based on 319 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Coordinator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $41,000 based on 152 salaries. An experienced Financial Coordinator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $43,000 based on 155 salaries. A Financial Coordinator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $44,000 based on 60 salaries.

Pay Difference by Location

National Average: $40,099

Larger city markers indicate a job is popular in that location.

Home to some of the best pay for Financial Coordinators, New York offers exceptional salaries, 37 percent above the national average. Financial Coordinators can also look forward to large paychecks in cities like Washington (+28 percent), Minneapolis (+25 percent), Houston (+13 percent), and Boston (+12 percent). In Austin, salaries are 10 percent below the national average and represent the lowest-paying market. Not at the bottom but still paying below the median are employers in Atlanta and Orlando (7 percent lower and 6 percent lower, respectively).

Related Job Salaries

Key Stats for Financial Coordinator

Gender

Female
86 %
Male
14 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 76 votes.
Less than 1 year
4%
1-4 years
45%
5-9 years
20%
10-19 years
22%
20 years or more
10%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Coordinator Salaries

▲11%

▲8%

▲3%

National Average
$40,000

▼5%

Skills That Affect Financial Coordinator Salaries

Accounting
▲27%

Budget Management
▲19%

Payroll Administration
▲17%

General Ledger Accounting
▲8%

Customer Service
▲6%





National Average
$40,000

▼2%

▼4%


Billing
▼7%

Scheduling
▼9%

Financial Applications
▼23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 76 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
4%
1-4 years
45%
5-9 years
20%
10-19 years
22%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 59%
vision benefits
Vision: 44%
no benefits
None: 28%
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