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Disbursing officer vs finance technician

The differences between disbursing officers 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 a disbursing officer and a finance technician. Additionally, a finance technician has an average salary of $45,251, which is higher than the $33,641 average annual salary of a disbursing officer.

The top three skills for a disbursing officer include financial management, payroll services and treasury. The most important skills for a finance technician are financial reports, financial management, and review contracts.

Disbursing officer vs finance technician overview

Disbursing OfficerFinance Technician
Yearly salary$33,641$45,251
Hourly rate$16.17$21.76
Growth rate4%-5%
Number of jobs56,77389,668
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 48%
Average age4551
Years of experience66

Disbursing officer vs finance technician salary

Disbursing officers and finance technicians have different pay scales, as shown below.

Disbursing OfficerFinance Technician
Average salary$33,641$45,251
Salary rangeBetween $23,000 And $48,000Between $30,000 And $67,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Ernst & Young
Best paying industry-Government

Differences between disbursing officer and finance technician education

There are a few differences between a disbursing officer and a finance technician in terms of educational background:

Disbursing OfficerFinance Technician
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Disbursing officer vs finance technician demographics

Here are the differences between disbursing officers' and finance technicians' demographics:

Disbursing OfficerFinance Technician
Average age4551
Gender ratioMale, 59.8% Female, 40.2%Male, 41.2% Female, 58.8%
Race ratioBlack or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.3% White, 63.8% American Indian and Alaska Native, 0.5%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 Percentage8%7%

Differences between disbursing officer and finance technician duties and responsibilities

Disbursing officer example responsibilities.

  • Manage high volumes of financial activity in a fast-pace, risk-base combat environment in Afghanistan.
  • Research and input EFT (electronic funds transfer) information.
  • Collect loan proceeds and deposit funds into escrow accounts.
  • Resolve pay/leave problems in coordination with DFAS payroll offices.
  • Prepare & endorse U.S. Treasury checks for witness fees and death gratuity payments.
  • Execute electronic funds transfers for civilian payroll and issue reports to U.S. Treasury.
  • Show more

Finance technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Transmit data to MAJCOM, HQ USAF, & DoD timely.
  • Provide debt management for the DOD and service members.
  • Process and review documents associate with PCS, ETS, retirement and/or separation.
  • Ensure that obligations are correct, record, and submits vouchers to DFAS for processing.
  • Network and coordinate with DFAS, civilian personnel or other resources to resolve complex problems.
  • Show more

Disbursing officer vs finance technician skills

Common disbursing officer skills
  • Financial Management, 25%
  • Payroll Services, 14%
  • Treasury, 12%
  • Internal Controls, 6%
  • Financial Aid Funds, 5%
  • Travel Claims, 3%
Common finance technician skills
  • Financial Reports, 15%
  • Financial Management, 13%
  • Review Contracts, 10%
  • Financial Transactions, 8%
  • Treasury, 6%
  • Bonds, 4%

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