Median pay for Financial Coordinators in the United States is around $17.99 per hour. Compensation ranges between $13.40 per hour and $24.80. 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. Residence is the biggest factor affecting pay for this group, followed by tenure. There are far more female Financial Coordinators who answered the questionnaire than men, making up 88 percent. While just under one in three report receiving no health benefits, the larger part do receive medical coverage, and more than half have dental, as well. Job satisfaction is high and work is enjoyable for most Financial Coordinators. The data for this synopsis comes from respondents who took the PayScale salary survey.

$34,864 - $60,372
(Median)
$35K
$44K
$60K
MEDIAN: $44,261
10%
50%
90%

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$13.40 - $24.80
(Median)
$13
$18
$25
MEDIAN: $17.00
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
$34,864 - $60,372  
   
Bonus
$0.00 - $3,922  
Profit Sharing
$0.00 - $2,018  
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).
)
$29,375 - $55,008  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 197
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$11$22$33
Hourly Rate
$13.40 - $24.80  
   
Hourly Tips
$0.00  
Overtime
$17.31 - $32.40  
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$22K$44K$66K
Bonus
$0.00 - $3,922  
   
Commission
$0.00  
Profit Sharing
$0.00 - $2,018  
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).
)
$29,375 - $55,008  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 385
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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

  • Create and process invoices, accounts, and payments.
  • Verify, schedule, and prepare transaction information.
  • Collect, analyze, and report on financial data in databases, documents, and presentations.

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 11 percent, respectively. Those listing Financial Applications as a skill should be prepared for drastically lower pay. Scheduling and Billing also typically command lower compensation. People who know Insurance usually also know Financial Reporting. It is often found that people who know Accounts Receivable are also skilled in Accounts Payable and Financial Reporting.

Pay by Experience Level for Financial Coordinator

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


For Financial Coordinators, experience does not seem to be a major factor in determining pay. 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. For Financial Coordinators, 10 to 20 years of experience on the job amounts to an average salary of $42K. After two decades in the workforce, the average Financial Coordinator generally earns more than ever; median pay for this group is estimated at $44K.

Pay Difference by Location

National Average: $40,193

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

For Financial Coordinators, working in the bustling city of New York has its advantages, including an above-average pay rate. Financial Coordinators can also look forward to large paychecks in cities like Minneapolis (+25 percent), Washington (+24 percent), San Diego (+22 percent), and Philadelphia (+21 percent). With compensation 10 percent below the national average, Austin is not known for hefty paychecks and actually represents the lowest-paying market. Employers in Atlanta and Orlando also lean toward paying below-median salaries (7 percent lower and 6 percent lower, respectively).

Related Job Salaries

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Experience Affects Financial Coordinator Salaries




National Average
$40,000


Skills That Affect Financial Coordinator Salaries

Accounting
up arrow 27%

Budget Management
up arrow 19%

Payroll Administration
up arrow 11%

General Ledger Accounting
up arrow 8%


National Average
$40,000

Accounts Receivable
up arrow 2%

Financial Reporting
up arrow 2%

Accounts Payable
up arrow 2%

Insurance
up arrow 3%

Collections
up arrow 4%


Customer Service
up arrow 7%

Scheduling
up arrow 9%

Billing
up arrow 9%

Financial Applications
up arrow 23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 80 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
3%
1-4 years
42%
5-9 years
22%
10-19 years
22%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 58%
medical benefits
Vision: 43%
dental benefits
None: 28%
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