Financial Coordinator Salary

Pay for Financial Coordinators in the United States sits in the ballpark of $18.00 per hour. The pay spectrum stretches from $13.38 per hour to $24.53. In the world of Financial Coordinators, overall cash allowance can occasionally include more than $4K from bonuses and, in some exceptional cases, $2K from profit sharing, causing incomes to vary widely between $29K and $55K. Geography and years of experience each impact pay for this group, with the former having the largest influence. Women account for the majority of Financial Coordinators who took the survey — 87 percent to be exact. The majority of Financial Coordinators claim high levels of job satisfaction. Not all workers are lucky enough to have benefits; in fact, slightly less than a third are without coverage. Medical insurance is claimed by a majority and dental insurance is reported by the greater part. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$35,054 - $61,406
$35K
$45K
$61K
MEDIAN: $44,884
10%
50%
90%

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$13.38 - $24.53
$13
$18
$25
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
$35,054 - $61,406  
   
Bonus
$0.00 - $3,945  
Profit Sharing
$0.00 - $2,023  
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).
)
$29,411 - $54,970  
Country: United States | Currency: USD | Updated: 18 Jan 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
$13.38 - $24.53  
   
Hourly Tips
$0.00  
Overtime
$17.11 - $33.22  
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 - $3,945  
   
Commission
$0.00  
Profit Sharing
$0.00 - $2,023  
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).
)
$29,411 - $54,970  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 386

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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' salary tends to stay somewhat level for those who assume higher-end positions like Office Manager of a Dental Office. Median pay for Office Managers of Dental Offices is $41K.

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. Most people familiar with Accounts Receivable also know Accounts Payable and Financial Reporting. A tool kit that includes Insurance also typically contains Financial Reporting.

Pay by Experience Level for Financial Coordinator

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Financial Coordinators, extensive experience does not lead to significantly more money. Relatively untried employees who have less than five years' experience make $38K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $41K. Financial Coordinators bring in $43K after working for 10 to 20 years. People who have worked for more than 20 years report a median income of $45K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $40,248

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, 33 percent above the national average. Financial Coordinators will also find cushy salaries in Washington (+28 percent), Minneapolis (+25 percent), Houston (+24 percent), and Philadelphia (+11 percent). Austin ranks last in the field for pay, reporting salaries 10 percent below the national average. Employers in Atlanta and Orlando also lean toward paying below-median salaries (7 percent lower and 6 percent lower, respectively).

Related Job Salaries

Key Stats for Financial Coordinator

Gender

Female
87 %
Male
13 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.
Less than 1 year
4%
1-4 years
42%
5-9 years
22%
10-19 years
21%
20 years or more
11%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Coordinator Salaries

▲11%

▲7%

▲2%

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




▼3%

▼4%


Billing
▼7%

Scheduling
▼9%

Financial Applications
▼23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
4%
1-4 years
42%
5-9 years
22%
10-19 years
21%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 58%
vision benefits
Vision: 43%
dental benefits
None: 29%
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