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Account technician vs accounting technician

The differences between account technicians and accounting technicians can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an account technician and an accounting technician. Additionally, an account technician has an average salary of $51,115, which is higher than the $41,337 average annual salary of an accounting technician.

The top three skills for an account technician include veterans, financial statements and patients. The most important skills for an accounting technician are customer service, financial reports, and payroll.

Account technician vs accounting technician overview

Account TechnicianAccounting Technician
Yearly salary$51,115$41,337
Hourly rate$24.57$19.87
Growth rate-5%-5%
Number of jobs94,41339,972
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 51%
Average age5151
Years of experience66

What does an account technician do?

Account technicians are skilled professionals who are responsible for gathering data and preparing financial statements and reports from the account records they have maintained. These technicians are required to settle accounts with insurance companies and maximize benefits payments received from those companies. They must maintain a client management system for multiple accounts and coordinate marketing outreach for potential and existing clients. Account technicians must also monitor and compile all documents of the department, such as invoices, checks, and financial records.

What does an accounting technician do?

An accounting technician is responsible for evaluating financial information procedures to support accounting and taxation tasks, verifying the accuracy of account statements for the reference of accountants. Accounting technicians manage the payroll processes, generate invoices, perform account reconciliations, analyze account receivables, prepare budget reports, and monitor the company's financial transactions. Accounting technicians should always adhere to taxation legislation, comply with accounting disciplines, and coordinate with the account management for any findings and concerns, requiring them to have excellent communication and analytical skills.

Account technician vs accounting technician salary

Account technicians and accounting technicians have different pay scales, as shown below.

Account TechnicianAccounting Technician
Average salary$51,115$41,337
Salary rangeBetween $26,000 And $97,000Between $31,000 And $53,000
Highest paying CitySan Francisco, CAOakland, CA
Highest paying stateCaliforniaCalifornia
Best paying companyMicrosoftW. R. Berkley
Best paying industry-Government

Differences between account technician and accounting technician education

There are a few differences between an account technician and an accounting technician in terms of educational background:

Account TechnicianAccounting Technician
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 51%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Account technician vs accounting technician demographics

Here are the differences between account technicians' and accounting technicians' demographics:

Account TechnicianAccounting Technician
Average age5151
Gender ratioMale, 31.3% Female, 68.7%Male, 22.7% Female, 77.3%
Race ratioBlack or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.3% Asian, 6.5% White, 67.8% American Indian and Alaska Native, 0.6%Black or African American, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between account technician and accounting technician duties and responsibilities

Account technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Process medical claims and workman compensation claims and Medicare & Medicaid claims.
  • Review accounts, record payments from first and third party billing to include Medicare, Medicaid, and private insurance.
  • Close patient contact, appropriate decision-making concerning patient financial affairs and coordination between patients and third-party sponsorship for further financial assistance.
  • Issue manual checks from QuickBooks as needed.
  • Construct payment scheduling through utilization of QuickBooks.
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Accounting technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Reconcile the agency SPCC statement each month
  • Audit includes reviewing SPCC invoices and receipts to ensure appropriate tax exemptions are follow.
  • Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
  • Apply GAAP following applicable federal regulations.
  • Maintain adherence to university accounting and GAAP standards.
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Account technician vs accounting technician skills

Common account technician skills
  • Veterans, 13%
  • Financial Statements, 10%
  • Patients, 8%
  • Data Entry, 6%
  • HR, 5%
  • Reconciliations, 5%
Common accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%

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