Post job

Accounting assistant vs accounting technician

The differences between accounting assistants 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 accounting assistant and an accounting technician. Additionally, an accounting technician has an average salary of $41,337, which is higher than the $39,569 average annual salary of an accounting assistant.

The top three skills for an accounting assistant include data entry, customer service and reconciliations. The most important skills for an accounting technician are customer service, financial reports, and payroll.

Accounting assistant vs accounting technician overview

Accounting AssistantAccounting Technician
Yearly salary$39,569$41,337
Hourly rate$19.02$19.87
Growth rate-5%-5%
Number of jobs63,94539,972
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 51%
Average age5151
Years of experience66

What does an accounting assistant do?

An accounting assistant is responsible for supporting the daily operations of the business' accounting department, from reviewing financial transactions to the submission of financial reports. Accounting assistants' duties include performing data entry and clerical tasks, maintaining a safe record of account statements, updating and analyzing transactions, verifying the accuracy of financial records, and managing customers and vendors' inquiries as immediate as possible. An accounting assistant must have a broad knowledge of the accounting principles and processes, as well as excellent communication and time-management skills, especially on meeting strict deadlines and doing complex tasks as needed.

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.

Accounting assistant vs accounting technician salary

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

Accounting AssistantAccounting Technician
Average salary$39,569$41,337
Salary rangeBetween $30,000 And $50,000Between $31,000 And $53,000
Highest paying CityWashington, DCOakland, CA
Highest paying stateNew YorkCalifornia
Best paying companyLos Alamos National LaboratoryW. R. Berkley
Best paying industryFinanceGovernment

Differences between accounting assistant and accounting technician education

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

Accounting AssistantAccounting Technician
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 51%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting assistant vs accounting technician demographics

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

Accounting AssistantAccounting Technician
Average age5151
Gender ratioMale, 20.1% Female, 79.9%Male, 22.7% Female, 77.3%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% 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 accounting assistant and accounting technician duties and responsibilities

Accounting assistant example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
  • Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
  • Reconcile departmental report cash against banking ACH transactions.
  • Process mortgage portfolio monthly payments and interest accruals.
  • Utilize online system for calculating payroll and family tuition payments.
  • Show more

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.
  • Show more

Accounting assistant vs accounting technician skills

Common accounting assistant skills
  • Data Entry, 13%
  • Customer Service, 11%
  • Reconciliations, 8%
  • Purchase Orders, 7%
  • Credit Card Payments, 6%
  • General Ledger Accounts, 5%
Common accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%

Browse office and administrative jobs