Accounting Coordinator Job Description [Updated for 2025]

In the world of finance and business, the role of Accounting Coordinators cannot be understated.

As commerce evolves, the demand for proficient individuals who can organize, streamline, and safeguard our financial operations escalates.

But let’s dig deeper: What’s really required from an Accounting Coordinator?

Whether you are:

• A job seeker trying to comprehend the essence of this role,
• A hiring manager outlining the perfect candidate,
• Or merely fascinated by the behind-the-scenes of accounting coordination,

You’re in the right place.

Today, we introduce a customizable Accounting Coordinator job description template, crafted for effortless posting on job boards or career sites.

Let’s dive right in.

Accounting Coordinator Duties and Responsibilities

Accounting Coordinators are responsible for managing, coordinating and executing a variety of accounting and financial tasks.

They ensure accuracy in the company’s financial reports and are involved in financial planning, budgeting, and reporting.

They have the following duties and responsibilities:

• Prepare and maintain accounting documents and records
• Compile, analyze and report financial data to create monthly, quarterly, and annual reports
• Reconcile accounts to ensure all payments are accounted for and properly posted
• Verify the accuracy of invoices and other accounting documents or records
• Update and maintain accounting journals, ledgers and other records detailing financial business transactions
• Prepare the company’s financial statements to review with the management
• Assist in the preparation of budgets or forecasts
• Participate in audits, working closely with internal and external auditors
• Coordinate with the accounts payable and receivable department to ensure all financial operations are running smoothly
• Resolve accounting discrepancies and irregularities
• Ensure compliance with relevant legal, regulatory, and financial requirements

 

Accounting Coordinator Job Description Template

Job Brief

We are in search of an organized and detail-oriented Accounting Coordinator to contribute to the efficient operation of our accounting department.

The Accounting Coordinator responsibilities include keeping financial records updated, preparing reports and reconciling bank statements.

You will also run accounting software programs to process business transactions, like accounts payable and receivable, disbursements, expense vouchers and receipts.

Our ideal candidate is familiar with all accounting procedures and can manage daily financial transactions end-to-end.

 

Responsibilities

• Prepare and maintain all accounts payable reports, spreadsheets, and corporate accounts payable files
• Ensure timely payment of invoices, maintaining accurate records and control reports
• Assist in monthly closings and preparation of monthly financial statements
• Reconcile bank account and distribute money within the department
• Manage payroll function to ensure accurate and timely payroll processing
• Support budgeting and bookkeeping procedures
• Create and update expense reports
• Process reimbursement forms
• Prepare bank deposits
• Assist with audit preparation

 

Qualifications

• Proven work experience as an Accounting Coordinator or similar role
• Good with numbers and figures and an analytical acumen
• Excellent knowledge of MS Office and familiarity with relevant computer software (e.g. SAP)
• Qualifications (ACA, ACCA or CIMA) is a plus but not required
• Good understanding of accounting and financial reporting principles and practices
• Excellent knowledge of cost accounting and regulatory standards
• Excellent communication and leadership skills
• BSc/Ba in accounting, finance or relevant field

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Accounting Coordinator
• Work Environment: This is primarily an in-office position, with the potential for remote work on occasion. Some travel may be required for company-wide meetings or trainings.
• Reporting Structure: Reports to the Accounting Manager or Financial Controller.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $45,000 minimum to $65,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does an Accounting Coordinator Do?

Accounting Coordinators are key members of an organization’s financial team.

They work primarily in office settings across various industries, for both small businesses and large corporations.

Their main duties involve maintaining financial records, processing invoices, and reconciling bank statements.

They also coordinate with other departments to ensure accuracy and compliance in all financial transactions.

An Accounting Coordinator’s role is to prepare financial reports and present them to management, assisting with budget forecasting and audit preparation.

They play a critical role in helping organizations manage their financial health, making sure all transactions align with financial laws and regulations.

Additionally, they may also be tasked with processing payroll, managing company ledgers, and working on end-of-month or end-of-year closing processes.

Accounting Coordinators need to have strong attention to detail, excellent problem-solving skills, and a thorough understanding of accounting principles.

They must be able to meet strict deadlines and handle multiple tasks simultaneously, all while maintaining a high degree of accuracy.

 

Accounting Coordinator Qualifications and Skills

An effective Accounting Coordinator should have the skills and qualifications that align with your job description, such as:

• Strong numerical skills and the ability to accurately handle, calculate and manage large amounts of money and data.
• Effective organizational skills to manage and maintain financial records, invoices, and transactions while prioritizing tasks effectively.
• Detail-oriented focus to ensure that financial reports are accurate and free of errors.
• Proficiency in accounting software and Microsoft Office suite to facilitate data and financial analysis, reporting, and communication.
• Excellent communication skills to interact with various departments, external auditors, and stakeholders, and to present financial information clearly and professionally.
• Strong problem-solving abilities to identify and rectify discrepancies or issues within financial data.
• Understanding of basic accounting principles and financial regulations to ensure company compliance.
• Ability to work independently and in a team, showing initiative and being able to contribute to team projects when necessary.

 

Accounting Coordinator Experience Requirements

Accounting Coordinators typically have a Bachelor’s degree in Accounting or a related field.

Entry-level candidates may have 1 to 2 years of experience, often through an internship or a part-time role in an accounting or finance department.

These professionals can also gain practical experience in roles such as Junior Accountant, Financial Analyst, or other finance-related roles.

Candidates with more than 3 years of experience often hone their skills and knowledge in positions like Staff Accountant or Financial Analyst.

They are likely to have a sound understanding of accounting principles, financial reporting and data analysis.

Those with more than 5 years of experience may have some supervisory or managerial experience, showcasing their ability to oversee financial operations, prepare budgets, and coordinate with other departments.

This experience can prepare them for more senior roles such as Accounting Manager or Controller.

Additionally, some roles may require Accounting Coordinators to have certain certifications like the Certified Public Accountant (CPA) or Certified Management Accountant (CMA), which further prove their experience and expertise in the field.

 

Accounting Coordinator Education and Training Requirements

Accounting Coordinators generally need to have a bachelor’s degree in accounting, finance or a related field.

They will also need to have a firm understanding of financial regulations and laws, as well as accounting procedures and principles.

Some positions may require an Accounting Coordinator to have a master’s degree in accounting or business administration, or a Certified Public Accountant (CPA) certification.

Knowledge of accounting software programs, such as QuickBooks or Microsoft Excel, is also necessary.

To enhance their career prospects and further specialize, some Accounting Coordinators may choose to pursue additional certifications such as Certified Management Accountant (CMA), Certified Internal Auditor (CIA), or Certified Financial Analyst (CFA).

Continuing education is also important in this role, as financial regulations and laws often change.

Accountants must stay updated to ensure they are complying with the latest regulations.

 

Accounting Coordinator Salary Expectations

An Accounting Coordinator can expect to earn an average salary of $47,322 (USD) per year.

The actual salary can vary greatly based on the individual’s level of experience, education, the size of the company, and the geographical location.

 

Accounting Coordinator Job Description FAQs

What qualifications does an Accounting Coordinator need?

An Accounting Coordinator typically needs at least a bachelor’s degree in Accounting, Finance, or a related field.

Prior experience in accounting or finance is also usually required.

Additionally, knowledge in accounting software and Microsoft Office Suite is often a prerequisite.

Some employers might prefer candidates who are certified public accountants.

 

What are the daily responsibilities of an Accounting Coordinator?

An Accounting Coordinator usually oversees all aspects of an organization’s accounting function.

This includes handling ledger entries, reconciling bank statements, and helping with monthly and yearly close processes.

They also assist with budgeting and forecasting, financial reporting, and tax preparation.

Coordinating with other accounting staff and assisting with audit preparation may also be part of their responsibilities.

 

What skills are important for an Accounting Coordinator?

An Accounting Coordinator should have strong numerical skills and be detail-oriented to ensure accurate financial reporting.

They should also possess strong organizational skills for managing financial documents and good time management skills to meet deadlines.

In addition, they should have excellent communication skills to explain complex financial information to non-financial staff.

 

What should you look for in an Accounting Coordinator resume?

When reviewing an Accounting Coordinator resume, look for a degree in Accounting or a related field and prior experience in an accounting role.

Familiarity with accounting software and expertise in Microsoft Office Suite, particularly Excel, are also important.

Any certifications, such as Certified Public Accountant (CPA), can also be a strong indicator of the candidate’s suitability for the role.

 

Is it hard to hire an Accounting Coordinator?

Hiring an Accounting Coordinator can be challenging as the role requires a specific skill set and considerable experience.

It’s crucial to offer competitive compensation and benefits to attract qualified candidates.

Additionally, providing opportunities for professional development and advancement may make the position more appealing.

 

Conclusion

There you have it!

Today, we’ve uncovered the true essence of being an Accounting Coordinator.

Surprise, surprise!

It’s not just about crunching numbers.

It’s about designing financial strategies, one ledger entry at a time.

Armed with our trusty Accounting Coordinator job description template and real-world examples, you’re ready to make your move.

But why halt your journey here?

Dig deeper with our job description generator. It’s your next step to fine-tune your job listings to perfection or bolster your resume.

Remember:

Every entry in the ledger contributes to the larger financial picture.

Let’s craft that financial future. Together.

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