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 Technician Responsibilities

Here are examples of responsibilities from real accounting technician resumes representing typical tasks they are likely to perform in their roles.

  • Train and manage employees in payroll operations, and achieve significant improvements in their productivity.
  • Compose a Microsoft PowerPoint presentation to train team members on how to more effectively manage their workloads.
  • 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.
  • Enter EOB payments and denials and perform follow up with insurance company on denials.
  • Interpret CFM, IRS and OEC policies for internal customers on an as needed basis.
  • Assist internal and external auditors in researching various data and backup detail for G/L entries and financial reports.
  • Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
  • Ensure all tax documents are updated accordingly to IRS regulations and forward updated tax documents to IRS for distribution.
Accounting Technician Traits
Computer skills involves understanding how to operate a computer, as well as computer programs and applications.
Detail oriented involves being extremely mindful and observant of all details.
Integrity involves honesty and a high regard of morals.

Accounting Technician Job Description

Perhaps the hardest question to answer when deciding on a career as an accounting technician is "should I become an accounting technician?" You might find this info to be helpful. When compared to other jobs, accounting technician careers are projected to have a growth rate described as "decline" at -4% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more, is that the projected number of opportunities that are predicted to become available for a accounting technician by 2028 is -65,800.

On average, the accounting technician annual salary is $38,739 per year, which translates to $18.62 an hour. Generally speaking, accounting technicians earn anywhere from $31,000 to $46,000 a year, which means that the top-earning accounting technicians make $15,000 more than the ones at the lower end of the spectrum.

It's hard work to become an accounting technician, but even the most dedicated employees consider switching careers from time to time. Whether you're interested in a more challenging position or just looking for a fresh start, we've compiled extensive information on becoming a charge bookkeeper, bookkeeper, finance clerk, and accounts payable clerk.

Accounting Technician Jobs You Might Like

Accounting Technician Resume Examples

Accounting Technician Skills and Personality Traits

We calculated that 17% of Accounting Technicians are proficient in Procedures, Financial Statements, and Customer Service. They’re also known for soft skills such as Computer skills, Detail oriented, and Integrity.

We break down the percentage of Accounting Technicians that have these skills listed on their resume here:

  • Procedures, 17%

    Examined, verified, and corrected various accounting documents to ensure completeness and accuracy of data in accordance to accounting procedures.

  • Financial Statements, 15%

    Monitored and reconciled expenditures on a monthly basis to ensure proper charges to unit and prepared financial statements for several departments.

  • Customer Service, 9%

    Perform customer service duties by answering telephonic call and directing correspondence and questions to the appropriate individuals, divisions and/or departments.

  • Payroll, 6%

    Monitored and managed timekeeping duty for 16 employees, ensuring accurate and consistent accountability of work-hours and leave-hours for payroll administration.

  • Purchase Orders, 5%

    Processed vendor invoices including verifying and/or obtaining payment approval, matching purchase orders and receiving reports, and addressing exceptions.

  • General Ledger Accounts, 5%

    Provide service to customers by answering questions regarding their accounts and collecting all accounts receivables and establishing customers deferred payment plans.

"procedures," "financial statements," and "customer service" aren't the only skills we found accounting technicians list on their resumes. In fact, there's a whole list of accounting technician responsibilities that we found, including:

  • The most important skills for an accounting technician to have in this position are computer skills. In this excerpt that we gathered from a accounting technician resume, you'll understand why: "bookkeeping, accounting, and auditing clerks need to be comfortable using computer spreadsheets and bookkeeping software." According to resumes we found, computer skills can be used by a accounting technician in order to "assisted business manager with filing, data entry, ar/ap, adding machine, coping, computer, etc. "
  • Another commonly found skill for being able to perform accounting technician duties is the following: detail oriented. According to a accounting technician resume, "bookkeeping, accounting, and auditing clerks are responsible for producing accurate financial records." Check out this example of how accounting technicians use detail oriented: "prepared detailed financial documents and updated files to ensure current and accurate information reviewed and processed invoices; conducted invoice audits. "
  • Another skill that is quite popular among accounting technicians is integrity. This skill is very critical to fulfilling every day responsibilities as is shown in this example from a accounting technician resume: "bookkeeping, accounting, and auditing clerks have control of an organization’s financial documentation, which they must use properly and keep confidential" This example from a resume shows how this skill is used: "reconcile contracts, grants, overhead and trust accounts on a monthly basis ensuring compliance with university and sponsor gaap. "
  • In order for certain accounting technician responsibilities to be completed, the job requires the skill "math skills." According to an accounting technician resume, "bookkeeping, accounting, and auditing clerks deal with numbers daily and should be comfortable with basic arithmetic." As an example, this snippet was taken directly from a resume about how this skill applies: "develop ms excel spreadsheets for tracking, statistics, and various calculations of data for data entry. "
  • See the full list of accounting technician skills.

    After discovering the most helpful skills, we moved onto what kind of education might be helpful in becoming an accounting technician. We found that 51.4% of accounting technicians have graduated with a bachelor's degree and 6.1% of people in this position have earned their master's degrees. While most accounting technicians have a college degree, you may find it's also true that generally it's possible to be successful in this career with only a high school degree. In fact, our research shows that one out of every six accounting technicians were not college graduates.

    The accounting technicians who went onto college to earn a more in-depth education generally studied accounting and business, while a small population of accounting technicians studied finance and general studies.

    Once you've obtained the level of education you're comfortable with, you might start applying to companies to become an accounting technician. We've found that most accounting technician resumes include experience from Texas Health Resources, Colorado State Fair, and Goldman Sachs. Of recent, Texas Health Resources had 4 positions open for accounting technicians. Meanwhile, there are 3 job openings at Colorado State Fair and 3 at Goldman Sachs.

    Since salary is important to some accounting technicians, it's good to note that they are figured to earn the highest salaries at Goldman Sachs, CACI International, and Sacramento Revenue Division. If you were to take a closer look at Goldman Sachs, you'd find that the average accounting technician salary is $72,072. Then at CACI International, accounting technicians receive an average salary of $48,906, while the salary at Sacramento Revenue Division is $43,001.

    View more details on accounting technician salaries across the United States.

    If you earned a degree from the top 100 educational institutions in the United States, you might want to take a look at Robert Half International, Walmart, and JPMorgan Chase. These three companies have hired a significant number of accounting technicians from these institutions.

    The three companies that hire the most prestigious accounting technicians are:

      What Charge Bookkeepers Do

      A full charge bookkeeper's primary job is to manage and handle all the accounts of a small or medium-sized business. They are responsible for overseeing the accounting duties for a company, including billing customers, preparing bank statements and tax returns, and processing timesheets. Also, a full charge bookkeeper collates and enters vendor expenses, maintains the ledger's accuracy, and process accounts receivables. There are specific requirements you should meet to become a successful full charge bookkeeper, such as having a bachelor's degree in accounting, previous work experience as a charge bookkeeper, and bookkeeping certification.

      In this section, we take a look at the annual salaries of other professions. Take charge bookkeeper for example. On average, the charge bookkeepers annual salary is $6,915 higher than what accounting technicians make on average every year.

      While their salaries may differ, one common ground between accounting technicians and charge bookkeepers are a few of the skills required in each craft. In both careers, employees bring forth skills like financial statements, customer service, and payroll.

      As far as similarities go, this is where it ends because an accounting technician responsibility requires skills such as "procedures," "purchase orders," "data entry," and "travel vouchers." Whereas a charge bookkeeper is skilled in "balance sheet," "income," "full life cycle," and "cpa." So if you're looking for what truly separates the two careers, you've found it.

      Charge bookkeepers receive the highest salaries in the manufacturing industry coming in with an average yearly salary of $46,078. But accounting technicians are paid more in the government industry with an average salary of $38,157.

      Charge bookkeepers tend to reach lower levels of education than accounting technicians. In fact, charge bookkeepers are 6.4% less likely to graduate with a Master's Degree and 0.1% less likely to have a Doctoral Degree.

      What Are The Duties Of a Bookkeeper?

      Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.

      Now we're going to look at the bookkeeper profession. On average, bookkeepers earn a $20 higher salary than accounting technicians a year.

      A similarity between the two careers of accounting technicians and bookkeepers are a few of the skills associated with both roles. We used resumes from both professions to find that both use skills like "financial statements," "customer service," and "payroll. "

      While some skills are similar in these professions, other skills aren't so similar. For example, several resumes showed us that accounting technician responsibilities requires skills like "procedures," "travel vouchers," "source documents," and "management system." But a bookkeeper might use skills, such as, "tax returns," "hr," "income," and "balance sheet."

      It's been discovered that bookkeepers earn higher salaries compared to accounting technicians, but we wanted to find out where bookkeepers earned the most pay. The answer? The professional industry. The average salary in the industry is $40,051. Additionally, accounting technicians earn the highest paychecks in the government with an average salary of $38,157.

      On the topic of education, bookkeepers earn lower levels of education than accounting technicians. In general, they're 6.3% less likely to graduate with a Master's Degree and 0.1% more likely to earn a Doctoral Degree.

      How a Finance Clerk Compares

      Finance clerks are financial professionals who are responsible for performing various administrative tasks such as keeping financial records, preparing bills, and delivering excellent customer service. These clerks are required to process bills, checks, receipts, and other documents to ensure that they are all properly signed and distributed. They must verify financial and other data so that they can enter those data into the database and maintain updated records. Finance clerks must also assist with account reconciliations and should report the status of accounts and discrepancies to the management.

      Let's now take a look at the finance clerk profession. On average, these workers make lower salaries than accounting technicians with a $4,905 difference per year.

      While looking through the resumes of several accounting technicians and finance clerks we discovered that both professions have similar skills. These similarities include skills such as "financial statements," "purchase orders," and "general ledger accounts," but they differ when it comes to other required skills.

      Some important key differences between the two careers are a few of the skills necessary to fulfill responsibilities. Some examples from accounting technician resumes include skills like "procedures," "customer service," "payroll," and "travel vouchers," whereas a finance clerk might be skilled in "hr," "financial aid," "telephone calls," and "finance department. "

      Interestingly enough, finance clerks earn the most pay in the energy industry, where they command an average salary of $28,769. As mentioned previously, accounting technicians highest annual salary comes from the government industry with an average salary of $38,157.

      When it comes to education, finance clerks tend to earn lower education levels than accounting technicians. In fact, they're 5.8% less likely to earn a Master's Degree, and 0.3% less likely to graduate with a Doctoral Degree.

      Description Of an Accounts Payable Clerk

      An accounts payable clerk is responsible for supporting the accounting department by performing clerical duties to file financial reports timely and accurately. Accounts payable clerks manage and verify invoices documents, reconcile balance spreadsheets, process payments for suppliers and vendors, resolve billing discrepancies, confirm and post account statements, record outstanding credits, and maintain an organized record of transactions. An accounts payable clerk must have excellent knowledge of the accounting principles to deliver high-quality services and help the business minimize excessive financial loss.

      Now, we'll look at accounts payable clerks, who generally average a lower pay when compared to accounting technicians annual salary. In fact, the difference is about $2,246 per year.

      According to resumes from both accounting technicians and accounts payable clerks, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "financial statements," "customer service," and "payroll. "

      While some skills are shared by these professions, there are some differences to note. "procedures," "travel vouchers," "financial transactions," and "subsidiary accounts" are skills that have shown up on accounting technicians resumes. Additionally, accounts payable clerk uses skills like high volume, company policies, special projects, and payable transactions on their resumes.

      Accounts payable clerks earn a higher salary in the manufacturing industry with an average of $43,296. Whereas, accounting technicians earn the highest salary in the government industry.

      The average resume of accounts payable clerks showed that they earn lower levels of education to accounting technicians. So much so that the likelihood of them earning a Master's Degree is 5.1% less. Additionally, they're more likely to earn a Doctoral Degree by 0.0%.