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Financial Coordinator Jobs in Silver Spring, MD (NOW HIRING)

Community Forklift

Finance Coordinator

Hyattsville, MD · On-site

$45K - $55K/yr

Process accounts payable, accounts receivable, deposits, and routine financial transactions ... In coordination with our vendor, manage the state reporting requirements for charitable ...

Brighter Day Services

Finance Coordinator

Towson, MD · Remote

$22/hr

... financial back office of a fast-moving operation. THE ROLE The Finance & Admin Coordinator is a part-time remote contractor role reporting directly to the CEO. You will own the financial and ...

Share Our Strength

Coordinator, Finance

Washington, DC · On-site

$58K - $65K/yr

This role supports the CFO, Controller, and Finance team through scheduling, document management, meeting logistics, committee minutes, travel coordination, and maintenance of shared resources such ...

Share Our Strength

Coordinator, Finance

Washington, DC · Hybrid

$58K - $65K/yr

This role supports the CFO, Controller, and Finance team through scheduling, document management, meeting logistics, committee minutes, travel coordination, and maintenance of shared resources such ...

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Financial Coordinator information

See Silver Spring, MD salary details

$15

$27

$45

How much do financial coordinator jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for financial coordinator in Silver Spring, MD is $27.76, according to ZipRecruiter salary data. Most workers in this role earn between $20.87 and $31.83 per hour, depending on experience, location, and employer.

What is a financial coordinator?

Financial Coordinators are professionals responsible for managing and overseeing the financial operations within an organization or department. Their duties often include budgeting, processing invoices, monitoring expenditures, preparing financial reports, and ensuring compliance with financial policies and regulations. They may also assist with payroll, manage accounts payable and receivable, and work closely with other departments to ensure accurate and efficient financial processes. Financial Coordinators play a crucial role in helping organizations maintain financial stability and transparency.

What is the difference between Financial Coordinator vs Financial Analyst?

AspectFinancial CoordinatorFinancial Analyst
Required CredentialsTypically a bachelor's degree in finance, accounting, or related field; certifications like CPA or CFA are optionalUsually a bachelor's degree in finance, economics, or related; CFA certification often preferred
Work EnvironmentAdministrative settings, non-profits, healthcare, or corporate finance departmentsInvestment firms, banks, corporate finance teams, or consulting firms
Employer & Industry UsageUsed across various industries for financial support rolesPrimarily in finance, investment, and banking sectors
Common Search & ComparisonOften compared for roles supporting financial operationsCompared for analytical and investment decision roles

The main difference is that a Financial Coordinator handles administrative and support tasks related to financial processes, while a Financial Analyst focuses on analyzing financial data to guide investment and business decisions. Both roles require similar educational backgrounds but differ in responsibilities and work environments.

What are the key skills and qualifications needed to thrive as a financial coordinator, and why are they important?

To thrive as a Financial Coordinator, you need strong analytical skills, attention to detail, and a background in finance or accounting, often supported by a relevant degree or certification. Familiarity with financial software such as QuickBooks, Microsoft Excel, and accounting systems like SAP is typically required. Excellent organizational skills, clear communication, and the ability to multitask are crucial soft skills for this role. These skills ensure accurate financial management, efficient workflow, and effective collaboration within an organization.

What does a financial coordinator do?

A financial coordinator maintains records of compensation and transactions for their organization. As a financial coordinator, your job duties include creating payment plans for customers and making sure they stick to their plans, monitoring transactions in accounts payable and receiving, and preparing financial reports. The qualifications for a career as a financial coordinator are a bachelor’s degree in finance or accounting, a minimum of three years of experience in a finance office, and strong communication, organizational, and computer skills.

How does a financial coordinator typically collaborate with other departments within an organization?

Financial Coordinators play a key role in supporting cross-departmental collaboration by managing budgets, processing invoices, and ensuring financial compliance. They frequently interact with project managers, human resources, and procurement teams to gather financial data, clarify budgetary requirements, and resolve discrepancies. Effective communication and organizational skills are essential, as Financial Coordinators often serve as a bridge between finance and other operational areas to ensure smooth workflow and accurate reporting.
More about Financial Coordinator jobs
What are the most commonly searched types of Financial jobs in Silver Spring, MD? The most popular types of Financial jobs in Silver Spring, MD are:
What are popular job titles related to Financial Coordinator jobs in Silver Spring, MD? For Financial Coordinator jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Financial Coordinator jobs in Silver Spring, MD look for? The top searched job categories for Financial Coordinator jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Financial Coordinator jobs? Cities near Silver Spring, MD with the most Financial Coordinator job openings:
Financial Coordinator jobs near you

Financial Coordinator Risk Management

MedStar Health

Columbia, MD • On-site

Full-time

Re-posted 25 days ago

Medstar Health rating

7.8

Company rating: 7.8 out of 10

Based on 239 frontline employees who took The Breakroom Quiz

132nd of 887 rated healthcare providers

Job description

About the Job
General Summary of Position
Financial coordinator between MedStar's self-insured claims management program and MedStar's captive insurance company and in that role provides to MedStar's Finance Department detailed financial information regarding expenses associated with the claims management program. Collects from outside defense counsel financial information regarding claims indemnity and expense payments and processes these to reimburse defense counsel for expenses incurred. Provides financial coordination for other insurance programs managed within the Risk Management Department including Workers Compensation. Responsible for managing the financial interface between outside defense counsel Medstar and the Harvard Risk Management claims database to ensure that all expenses and indemnity payments are recorded to the correct claim. Provides administrative support to six professionals within the Corporate Risk Management team. Works under the direction of the Administrative Director Risk Management Services.
Primary Duties and Responsibilities
  • Contributes to the achievement of established department goals and objectives and adheres to department policies procedures quality standards and safety standards. Complies with governmental and accreditation regulations.
  • Manages reconciles and customizes the payment interface process for MedStar's professional medical liability program liaising with Harvard RMF Donegal and MedStar Accounts Payable to ensure a smooth process. MedStar's professional medical liability program includes more than $60 million in expenses and indemnity payments with over 200 claims annually.
  • Tracks processes and follows up on defense counsel invoices both internally and externally.
  • Maintains accurate information regarding all vendors timekeepers and billing rates. Collects W9 forms and prepares invoices for review and approval.
  • Works directly with Finance department to ensure compliance with all Finance Department requirements regarding proper accounting for captive insurance company financial transactions.
  • MedStar maintains a self-insured retention program for workers' compensation with over $1 million in transactions per month. Works with MedStar's outside third-party administrator (Gallagher Bassett) and MedStar's Finance and Accounting departments to ensure accurate processing of all financial transactions for this program. These transactions include maintaining adequate financial resources to enable the TPA to pay expenses and make timely payments to MedStar associates for workers' compensation indemnity payments.
  • Reconciles accounts by identifying errors in posting or omissions.
  • Prepares documentation for wire transfers and ACH transactions and processes wire transfers.
  • Responsible for maintaining with CMS accurate monthly and quarterly Medicare beneficiary information for all professional liability claimants managed through MedStar's captive insurance company claims management program.
  • Responsibility for coordinating and processing all operating expenditures related to the Corporate Risk Management department including office supplies purchased professional services courier services catering expenses travel and education dues and subscriptions licenses mileage reimbursement etc. Works directly with Accounts Payable to ensure accuracy of all such accounts.
  • Supports the claims managers to ensure compliance with the Claims Management Program Billing and Defense Counsel Guidelines; establishes and maintains a working relationship with the billing departments of the multiple law firms retained by MedStar in connection with its professional liability claims management program.
  • Responsible for managing the electronic claims management notification system operated by CT Corp.
  • Provides administrative support to claims managers and risk management team members; coordinates web-based electronic meeting agendas/reports loss prevention tracking and early intervention payments and tracking.
  • Manages trial and mediation calendars provides administrative support including meeting material preparation for key claim management functions including MedStar Professional Liability Claims and Loss Prevention Committee; weekly reserve meetings; quarterly and semi-annual claims review meetings; and pretrial meetings with key stakeholders and defense counsel.
  • Serves as timekeeper for the Corporate Risk Management department.
  • Schedules and provides documentation and support for several monthly and quarterly meetings with corporate and hospital leadership.
  • Coordinates meetings including organizing room reservations catering equipment invitations etc.
  • Schedules conference calls meetings and training/educational sessions.
  • Works directly with the Administrative Director Director of Insurance and Director Claims Operations on various departmental projects.
    • Minimal Qualifications
    Education
    • Associate's degree in accounting or business administration or related field required or
    • Equivalent combination of education/training and experience will be considered required
    Experience
    • Administrative management experience required
    Licenses and Certifications
    • No special certification registration or licensure required
    Knowledge Skills and Abilities
    • Excellent written and verbal skills sound judgment and budgeting and accounting skills with the ability to effectively prioritize and multi-task in a fast-paced work environment.
    • Extremely honest and trustworthy individual of high moral character.
    • Significant aptitude in independent and proactive problem-solving and effective and efficient utilization of resources.
    • Service-oriented approach.
    • Proficient in Microsoft Excel Powerpoint Word Outlook and claims management program billing applications (Donegal and Harvard RMF CMAPS programs).

    This position has a hiring range of
    USD $65,062.00 - USD $117,291.00 /Yr.

    What Medstar Health employees say

    Pay

    Benefits

    Hours and flexibility

    Workplace

    Get the full story on Breakroom

    Medstar Health logo

    About Medstar Health

    Sourced by ZipRecruiter

    MedStar Health is dedicated to providing the highest quality care for people in Maryland and the Washington, D.C., region, while advancing the practice of medicine through education, innovation, and research. Our team of 32,000 includes physicians, nurses, residents, fellows, and many other clinical and non-clinical associates working in a variety of settings across our health system, including 10 hospitals and more than 300 community-based locations, the largest home health provider in the region, and highly respected institutes dedicated to research and innovation. As the medical education and clinical partner of Georgetown University for more than 20 years, MedStar Health is dedicated not only to teaching the next generation of doctors, but also to the continuing education, professional development, and personal fulfillment of our whole team. Together, we use the best of our minds and the best of our hearts to serve our patients, those who care for them, and our communities. It's how we treat people.

    Industry

    Health care and social assistance

    Company size

    10,000+ Employees

    Headquarters location

    Columbia, MD, US

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