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Accounting technician vs accountant

The differences between accounting technicians and accountants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounting technician, becoming an accountant takes usually requires 2-4 years. Additionally, an accountant has an average salary of $54,890, which is higher than the $41,337 average annual salary of an accounting technician.

The top three skills for an accounting technician include customer service, financial reports and payroll. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Accounting technician vs accountant overview

Accounting TechnicianAccountant
Yearly salary$41,337$54,890
Hourly rate$19.87$26.39
Growth rate-5%6%
Number of jobs39,97260,073
Job satisfaction-3
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 71%
Average age5144
Years of experience64

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.

What does an accountant do?

An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.

Accounting technician vs accountant salary

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

Accounting TechnicianAccountant
Average salary$41,337$54,890
Salary rangeBetween $31,000 And $53,000Between $41,000 And $72,000
Highest paying CityOakland, CAWashington, DC
Highest paying stateCaliforniaNew York
Best paying companyW. R. BerkleyMeta
Best paying industryGovernmentTechnology

Differences between accounting technician and accountant education

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

Accounting TechnicianAccountant
Most common degreeBachelor's Degree, 51%Bachelor's Degree, 71%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting technician vs accountant demographics

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

Accounting TechnicianAccountant
Average age5144
Gender ratioMale, 22.7% Female, 77.3%Male, 38.2% Female, 61.8%
Race ratioBlack 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%Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accounting technician and accountant duties and responsibilities

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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Accountant example responsibilities.

  • Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
  • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
  • Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
  • Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.
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Accounting technician vs accountant skills

Common accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%
Common accountant skills
  • Reconciliations, 14%
  • General Ledger Accounts, 6%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Payroll Tax Returns, 5%
  • Customer Service, 5%

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