Will “Accounting Coordinator” be Replaced By Robots? 🤔

98% Chance of Automation

“Accounting Coordinator” will almost certainly be replaced by robots.

This job is ranked #671 out of #702. A higher ranking (i.e., a lower number) means the job is less likely to be replaced.

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Job Description

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

Job Details

The SOC (Standard Occupational Classification) code is 43-3031.00
The Mean Annual Wage in the U.S. is $ 40,220.00
The Mean Hourly Wage is $ 19.00
Currently, there are 1,566,960 people on this job

☝️ Information based on the reference occupation “Bookkeeping, Accounting, and Auditing Clerks”.

Also Known As…

Tasks for “Accounting Coordinator”

Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
Comply with federal, state, and company policies, procedures, and regulations.
Prepare trial balances of books.
Operate computers programmed with accounting software to record, store, and analyze information.
Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
Compute deductions for income and social security taxes.
Perform personal bookkeeping services.
Perform general office duties, such as filing, answering telephones, and handling routine correspondence.
Reconcile records of bank transactions.
Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
Calculate costs of materials, overhead, and other expenses, based on estimates, quotations and price lists.
Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
Match order forms with invoices, and record the necessary information.
Compile budget data and documents, based on estimated revenues and expenses and previous budgets.
Prepare purchase orders and expense reports.
Receive, record, and bank cash, checks, and vouchers.
Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
Reconcile or note and report discrepancies found in records.
Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
Code documents according to company procedures.
Compile statistical, financial, accounting, or auditing reports and tables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses.
Calculate and prepare checks for utilities, taxes, and other payments.
Prepare and process payroll information.
Maintain inventory records.
Transfer details from separate journals to general ledgers or data processing sheets.
Access computerized financial information to answer general questions as well as those related to specific accounts.
Monitor status of loans and accounts to ensure that payments are up to date.
Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.
Compare computer printouts to manually maintained journals to determine if they match.

Related Technology & Tools

Image scanners
Desktop computers
Financial calculators
10-key calculators
Ledger sheets
Notebook computers
Receipt books

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FlexiFinancials FlexiLedger
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Yardi
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PROPHIX Enterprise
Infor Global Solutions Starbuilder
IBM Cognos Impromptu
Best MIP Fund Accounting
Activant Solutions Activant Prophet 21
American HealthTech Financial
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General ledger software