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The differences between account technicians and finance 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 a finance technician. Additionally, an account technician has an average salary of $51,115, which is higher than the $45,251 average annual salary of a finance technician.
The top three skills for an account technician include veterans, financial statements and patients. The most important skills for a finance technician are financial reports, financial management, and review contracts.
| Account Technician | Finance Technician | |
| Yearly salary | $51,115 | $45,251 |
| Hourly rate | $24.57 | $21.76 |
| Growth rate | -5% | -5% |
| Number of jobs | 94,413 | 89,668 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 48% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
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.
Finance technicians are professionals who perform various tasks that are related to financial accounting for an organization. These technicians are required to provide monthly transaction reports and perform forecasts on their future budget requirements to ensure proper financial management for the organization. They must assist in preparing financial statements to analyze and summarize accounting data for the organization's senior management. Finance technicians must also research and resolve any disputes that involve financial transactions while informing the senior management about any financial discrepancies.
Account technicians and finance technicians have different pay scales, as shown below.
| Account Technician | Finance Technician | |
| Average salary | $51,115 | $45,251 |
| Salary range | Between $26,000 And $97,000 | Between $30,000 And $67,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | California | New York |
| Best paying company | Microsoft | Ernst & Young |
| Best paying industry | - | Government |
There are a few differences between an account technician and a finance technician in terms of educational background:
| Account Technician | Finance Technician | |
| Most common degree | Bachelor's Degree, 50% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between account technicians' and finance technicians' demographics:
| Account Technician | Finance Technician | |
| Average age | 51 | 51 |
| Gender ratio | Male, 31.3% Female, 68.7% | Male, 41.2% Female, 58.8% |
| Race ratio | Black 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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |