$45,079
Avg. Salary
$18.91
Avg. Hourly Rate

Average additional compensation:

$976

Bonus

$1,024

Profit Sharing

$0.00

Commission

What am I worth?
How should I pay?

The average pay for a Financial Coordinator is $18.91 per hour.

The average pay for a Financial Coordinator is $45,079 per year.

10%
$13.81
10%
$18.91
50%
$25.39
90%
90%
MEDIAN $18.91
10%
$34k
10%
$45k
50%
$62k
90%
90%
MEDIAN $45,079
$34,415 - $62,432
$34K
$45K
$62K
MEDIAN: $45,079
10%
50%
90%

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$13.81 - $25.39
$14
$19
$25
MEDIAN: $18.91
10%
50%
90%

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$0$62K
Salary $34,415 - $62,432
Bonus $0.00 - $3,592
Profit Sharing $0.00 - $2,980
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).
)
$30,358 - $56,416
  • Country: United States
  • Currency: USD
  • Updated: 23 Apr 2019
  • Individuals Reporting: 377
Hourly Data $0$38
Hourly Rate $13.81 - $25.39
Hourly Tips $0.00
Overtime $17.14 - $38.81
Annual Data $0$56K
Bonus $0.00 - $3,592
Commission $0.00
Profit Sharing $0.00 - $2,980
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).
)
$30,358 - $56,416
  • Country: United States
  • Currency: USD
  • Updated: 23 Apr 2019
  • Individuals Reporting: 755

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.

Read More...
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

Popular Skills for Financial Coordinator


Financial Coordinators report using a large range of 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 25 percent, 17 percent, and 15 percent, respectively. Those listing Financial Applications as a skill should be prepared for drastically lower pay. Scheduling and Billing also typically command lower compensation. Those educated in Accounts Receivable tend to be well versed in Accounts Payable and Financial Reporting. Most people familiar with Insurance also know 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

33%

9%

4%

-13%

National Average: $41,391

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

Surpassing the national average by 35 percent, Financial Coordinators in New York receive some of the highest pay in the country. Financial Coordinators will also find cushy salaries in Washington (+26 percent), Minneapolis (+23 percent), Houston (+11 percent), and Boston (+10 percent). In Austin, salaries are 11 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Atlanta (8 percent less) and Orlando (7 percent less).

Financial Coordinator Reviews

Q: What is it like working as a Financial Coordinator?

Financial Coordinator in Portland:
"Downtown is unpleasant."
Pros: Centrally located
Cons: Homeless people and paying for parking

Financial Coordinator in Melvindale:
"I work in Waterford."
Pros: Nothing
Cons: Never been

Financial Coordinator in Norfolk:
"I like working in Norfolk."
Pros: I work 3 miles from my home.
Cons: There's nothing I don't like about working in Norfolk.

Financial Coordinator in San Francisco:
"Hectic, But That's Where the Jobs Are."
Pros: The Weather
Cons: The Commute

Financial Coordinator in Hesperia:
"I like I."
Pros: Done have to commute.
Cons: 30 minutes from home.

Financial Coordinator in Portland:
"Giving it all everyday with little to no reward/thank you."
Do not take what clients say personally so that it won't affect your ability to do your job and that you may approach the next client with a clear and fresh perspective. Remember to not play in to the negativity and stress that your co-workers can have and instead try to see in what way you may be able to help them, even if that means getting out of the way. Decide early on which battles (ie: stray charges being entered consistently incorrect) are worth your time and energy and really matter to fight. The job in itself is exhausting and you may not want to spend extended time on something that is and probably always will be. Better to save it for the stuff that can hopefully actually change. Everyone on the floor and in the hospital really will come to you and expect you to know almost everything about anything. This is a learning experience and soon enough you will be a wealth of knowledge! Keep your head up and know that you are doing a great service for the hospital and the client.

Related Job Salaries

Key Stats for Financial Coordinator

Gender

Female
89 %
Male
11 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 235 votes.
Less than 1 year
4%
1-4 years
41%
5-9 years
21%
10-19 years
23%
20 years or more
11%

Experience Affects Financial Coordinator Salaries

▲7%

▲5%

▼0%

National Average
$41,000

▼8%

Skills That Affect Financial Coordinator Salaries

Accounting
▲23%

Budget Management
▲16%

Payroll Administration
▲14%

General Ledger Accounting
▲5%

Customer Service
▲3%


National Average
$41,000




▼5%

▼7%


Billing
▼10%

Scheduling
▼12%

Financial Applications
▼25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 235 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
4%
1-4 years
41%
5-9 years
21%
10-19 years
23%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 57%
vision benefits
Vision: 42%
no benefits
None: 29%