Financial Coordinator Job Description template and pdf with duties [2024]

Job summary 1

We are seeking a candidate for a Financial Coordinator. This position will solve complex customer issues, oversee the processing of payments, deposits, and billing, lead and oversee budget implementation, manage authorizations, document procedures and recommend process improvements and supervise/direct the work of lower-level staff. The successful candidate will be responsible for the following:

Duties & Responsibilities 1

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Requirements & Skills 1

4+ years related experience
- Or an equivalent combination of education and experience
- Minimum of Associate's Degree in Accounting or related field
- Proficient with Microsoft Excel and Word

Job summary 2

The Financial Coordinator evaluates the financial status and insurance coverage for transplant patients. They serve as a key resource in assuring the maximum reimbursement for required services and in assisting transplant patients to obtain the resources to assure the standard of care necessary to maximize transplant success.

Duties & Responsibilities 2

Participates actively in education and outreach programs to insurance companies to affect positive responses to requests for reimbursement.
Verifies insurance benefits and coverage by contacting insurance companies and employers to determine the necessity for co-payments and deductibles.
Interviews candidates to determine their insurance coverages and potential eligibility for insurance/programs to expedite payment for Transplant services; ensures the completion of all documentation.
- Develops and updates resource lists for assisting patients with insurance choices, including COBRA, Social Security disability, retirement, and new employment.
- Establishes and maintains regular contacts with agencies offering financial aid; develops
- efficient processes/procedures for candidates to follow to complete the application process. Facilitates efficient communications for timely responses.

Requirements & Skills 2

BA in Health Services Administration, Finance, or a healthcare-related field.
A minimum of three years of work experience in patient billing or insurance claim verification.
Experience with claim processing, reimbursement, Utilization Review, or Case Management is preferred.

Job summary 3

We are looking for a Financial Coordinator. This role provides project financial support to Project Managers including project opening, maintenance and invoicing, and/or cost and/or project status tracking utilizing Company's project accounting system as well as specialized project software.

Duties & Responsibilities 3

Initiation and modification of system project set-up to ensure timely and accurate tracking of project status, costs, and resource utilization,
Development of cost/schedule control tools to guide the project team to a timely and profitable outcome.
- Review, analysis, and reporting related to sales, contracts, work-in-process, current project status, and performance, earned revenue reports, variance reports, suspense reports, and all project-related correspondence
- Track project budgets and status and provide appropriate reports to project leadership. Track at-risk projects and prepare reports updating the status of budgets and change orders.
- Process and track project closeouts

Requirements & Skills 3

Bachelor’s degree or equivalent experience, plus 5-7 years related experience
Aptitude for numbers and strong analytical ability, detail-oriented
Familiarization with GAAP and FAR a plus
Experience with Deltek CostPoint a plus, but not required
- Strong organizational skills and ability to meet deadlines
- Advanced literacy and knowledge of Microsoft Office (Excel, Word, Outlook)
- Strong communication skills – as well as the ability to network and function in a team environment both remotely and in person.

Job summary 4

We're seeking a Financial Coordinator to join the team. Reporting to the Division Administrator, the Financial Coordinator will support the financial management and research administration services provided to faculty in the division. The position will work with both faculty and administrative staff to ensure the division operates in a fiscally sustainable manner.

Duties & Responsibilities 4

Requirements & Skills 4

Preferred Education: Bachelor’s Degree Combination experience/education as substitute for minimum
Preferred Experience: 1-2 years of experience in an academic setting with direct experience in grants and financial management.
The ideal candidate will possess excellent verbal and written communication skills.
Proficient or Advanced Proficiency in creating and using MS Excel spreadsheets.
- Highly skilled in MS Word.
- Ability to meet deadlines and maintain required confidentiality.
- Knowledge of government and foundational granting requirements, and grants administration are preferred.

Job summary 5

We are seeking to fill the Financial Coordinator position. The successful candidate will be responsible for the daily administration and monitoring of the 11+ operating, research, and facility budgets totaling over $15 million for the Department of Chemistry to include the general, restricted, and endowed budgets.

Duties & Responsibilities 5

Serve as highest department approver on travel reimbursements, purchasing card reconciliations, purchase orders, etc.
Receive and process all monies outside of normal reimbursements of faculty and grad student travel.
Assist staff and faculty with budget problems and conflicts.
Make financial decisions on behalf of the Department Head as necessary and provide Department Head with advice on departmental spending.
Ensure the department is complying with university policies and guidelines.
- Compile routine budget reports for accounting operations of the department.
- Perform fiscal year-end closing procedures.
- Implement new budget procedures/programs with staff.

Requirements & Skills 5

This position typically requires an Associate's Degree or higher plus 4+ years of related experience, or an equivalent combination of education and experience.
- Excellent communication skills are required.
- Experience with SIMBA strongly preferred.
- Must be able to work independently, take initiative, and use discretion in all matters.

Job summary 6

The Financial Coordinator is responsible for the daily financial activities and project coordination of a variety of fiscal activities. S/he will work closely with the Finance Team to support administrative and financial transactions, including processing and reconciling the daily clerical, data entry, and financial functions of the Business Office.

Duties & Responsibilities 6

Compile and process all financial paperwork in the financial system daily; process cash deposits, gift transmittal, vouchers, invoices, create purchase requisitions and purchase orders.
- Assist with departmental quarterly and fiscal year close preparation. Respond to customer/vendor billing inquiries and other requests; reconcile vendor payments, create, and modify vendors, and make sure vendors are set up properly in the University system.
- Maintain departmental petty cash fund. Submit replenishment for petty cash holders and reconcile p-card keeping in mind
- University regulations and policies.

Requirements & Skills 6

Bachelor's degree or equivalent in education and experience; 2 years related experience
Must successfully complete online systems training requirements

Job summary 7

The Financial Coordinator evaluates the financial status and insurance coverage for transplant patients. They serve as a key resource in assuring the maximum reimbursement for required services and in assisting transplant patients to obtain the resources to assure the standard of care necessary to maximize transplant success.

Duties & Responsibilities 7

Participates actively in education and outreach programs to insurance companies to affect positive responses to requests for reimbursement.
Verifies insurance benefits and coverage by contacting insurance companies and employers to determine the necessity for co-payments and deductibles.
- Interviews candidates to determine their insurance coverages and potential eligibility for insurance/programs to expedite payment for Transplant services; ensures the completion of all documentation.
- Develops and updates resource lists for assisting patients with insurance choices, including COBRA, Social Security disability, retirement, and new employment.
- Establishes and maintains regular contacts with agencies offering financial aid.

Requirements & Skills 7

BA in Health Services Administration, Finance, or a healthcare-related field.
A minimum of three years of work experience in patient billing or insurance claim verification.
Experience with claim processing, reimbursement, Utilization Review, or Case Management is preferred.

Job summary 8

The purpose of the Financial Coordinator role is to monitor, maintain, and financially manage federal, state, and private grants. This position will perform accounting and fiduciary work as prescribed per the grant award while adhering to applicable regulations, policies, and laws. This classification works un er closely with general supervision according to set procedures but determines how or when to complete tasks.

Duties & Responsibilities 8

Reviews, edits, and process accounts payable invoices by the grant award and proper fund accounting
Evaluates requisitions submitted daily by grantees for accuracy and allowability
- Educate and train new financial coordinators in policies and procedures
- Prepares grant personnel wages, benefit reports, and time and earnings reports
- Monitors budgets for grants to ensure the grantees spend their funds without overages

Requirements & Skills 8

Bachelor's degree in business, finance, accounting, or related field
A minimum of two (2) years of experience with at least one (1) year in a finance environment; or, an equivalent combination of education, training, and experience

Job summary 9

The Financial Coordinator is responsible for verifying eligibility and benefits, educating patients on estimated costs, and collecting patient owed amounts before services are rendered. The Financial Coordinator is responsible for ensuring authorization has been obtained for all services requiring one. Ensures the integrity of registration data collected, including insurance and benefit verification, acquisition of referrals and pre-certifications for procedures, and collection of patient financial liability.

Duties & Responsibilities 9

Requirements & Skills 9

High School Diploma / GED (or higher)
2+ years of experience in an admitting
- Computer and typing skills
- Experienced with Microsoft Excel (data entry, pivot tables, sorting/filtering)
- Proficiency using Microsoft PowerPoint (create and edit presentations)

Job summary 10

The Finance Coordinator is responsible for coordinating various aspects of financial management for assigned departments.

Duties & Responsibilities 10

Provides financial support for strategic and tactical planning.
Provides support in facilitating and assisting managers in the preparation of the annual operating and capital budgets.
Monitors financial performance, achievement of goals and benchmarks, identifying variances, preparing and presenting analyses and reports to the Director and management team.
Monitors and facilitates revenue cycle activities including pricing, charge capture, revenue recognition, and denial management.
Provide recommendations for financial improvement.
- Facilitate and meaningfully participate in contingency planning and financial forecasting.
- Collaborates with other Financial Coordinators and the VP, Decision Support as required to ensure conformity and compliance with all aspects of financial management.
- Other duties as required.

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Financial Coordinator Job Description

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