Financial Coordinator Salary

Financial Coordinators in the United States take home approximately $18.28 per hour on average. Compensation ranges from $13.38 per hour on the lower end to $24.72 on the higher end. Total cash compensation for Financial Coordinators runs from $30K to $56K depending on bonuses that can occasionally exceed $4K and profit sharing that can reach almost $3K. Geography and career length each impact pay for this group, with the former having the largest influence. The vast majority (86 percent) of Financial Coordinators who took the survey are female. 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 the greater part have dental, too. Most workers in this position report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$35,396 - $63,771
$35K
$46K
$64K
MEDIAN: $46,149
10%
50%
90%

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$13.50 - $24.81
$13
$18
$25
MEDIAN: $18.25
10%
50%
90%

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$0$63K
Salary $35,396 - $63,771
Bonus $0.00 - $3,523
Profit Sharing $0.00 - $2,553
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).
)
$30,057 - $57,316
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 214
Hourly Data $0$36
Hourly Rate $13.50 - $24.81
Hourly Tips $0.00
Overtime $17.45 - $36.79
Annual Data $0$57K
Bonus $0.00 - $3,523
Commission $0.00
Profit Sharing $0.00 - $2,553
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).
)
$30,057 - $57,316
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 386

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

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

National Average: $41,085

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).

Related Job Salaries

Key Stats for Financial Coordinator

Gender

Female
89 %
Male
11 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 108 votes.
Less than 1 year
4%
1-4 years
41%
5-9 years
21%
10-19 years
24%
20 years or more
11%

Experience Affects Financial Coordinator Salaries

▲8%

▲6%

▼0%

National Average
$41,000

▼8%

Skills That Affect Financial Coordinator Salaries

Accounting
▲24%

Budget Management
▲17%

Payroll Administration
▲14%

General Ledger Accounting
▲6%


Customer Service
▲3%

National Average
$41,000




▼4%

▼6%


Billing
▼9%

Scheduling
▼11%

Financial Applications
▼25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 108 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
24%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 62%
dental benefits
Dental: 60%
vision benefits
Vision: 41%
no benefits
None: 29%