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Balance clerk vs accounting technician

The differences between balance clerks 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 a balance clerk and an accounting technician. Additionally, an accounting technician has an average salary of $41,337, which is higher than the $37,281 average annual salary of a balance clerk.

The top three skills for a balance clerk include data entry, bank deposits and check images. The most important skills for an accounting technician are customer service, financial reports, and payroll.

Balance clerk vs accounting technician overview

Balance ClerkAccounting Technician
Yearly salary$37,281$41,337
Hourly rate$17.92$19.87
Growth rate-5%-5%
Number of jobs66,37739,972
Job satisfaction--
Most common degreeBachelor's Degree, 31%Bachelor's Degree, 51%
Average age5151
Years of experience66

Balance clerk vs accounting technician salary

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

Balance ClerkAccounting Technician
Average salary$37,281$41,337
Salary rangeBetween $29,000 And $46,000Between $31,000 And $53,000
Highest paying City-Oakland, CA
Highest paying state-California
Best paying company-W. R. Berkley
Best paying industry-Government

Differences between balance clerk and accounting technician education

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

Balance ClerkAccounting Technician
Most common degreeBachelor's Degree, 31%Bachelor's Degree, 51%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Balance clerk vs accounting technician demographics

Here are the differences between balance clerks' and accounting technicians' demographics:

Balance ClerkAccounting Technician
Average age5151
Gender ratioMale, 21.1% Female, 78.9%Male, 22.7% Female, 77.3%
Race ratioBlack or African American, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% 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 balance clerk and accounting technician duties and responsibilities

Balance clerk example responsibilities.

  • Manage multiple deadlines for numerous payroll divisions and complex division budget reports with accurately and efficiently.
  • Maintain and provide timely and accurate reconciliations of various general ledger accounts and perform special projects as assigned.
  • Reconcile and balance multi-million dollar business & individual accounts, using QuickBooks.

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

Balance clerk vs accounting technician skills

Common balance clerk skills
  • Data Entry, 21%
  • Bank Deposits, 15%
  • Check Images, 14%
  • Credit Balances, 10%
  • Customer Accounts, 7%
  • Financial Institutions, 6%
Common accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%

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