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What is a finance technician and how to become one

Updated January 8, 2025
4 min read

A finance technician is an individual who is responsible for managing financial procedures, writing reports, reconciling financial statements and bank accounts for a company or an organization. These professionals also assist with financial audits and research, verify financial data and manage accounts receivable. Finance technicians work under the direction of a financial manager and also perform a variety of paraprofessional, administrative and technical duties.

Most finance technicians have a bachelor's degree in finance, business, or a related field, and must be proficient in using computers, spreadsheets, databases, and financial software. They should also possess strong communication, organizational, mathematical, and research skills.

These professionals can work in banking, corporate finance, insurance, or investment banking. Many finance technicians can make up to $51,000 annually, but the job market is expected to drop slightly by 4% by 2028. However, if you have a head for numbers and a knack for finance, a career as a finance technician can be a very rewarding one.

ScoreFinance TechnicianUS Average
Salary
3.5

Avg. Salary $45,251

Avg. Salary $59,228

Stability level
6.0

Growth rate -5%

Growth rate 0.3%

Diversity
2.7
Race

American Indian and Alaska Native 0.63%

Asian 6.53%

Black or African American 6.75%

Hispanic or Latino 14.36%

Unknown 3.96%

White 67.77%

Gender

female 58.78%

male 41.22%

Age - 53
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 53
Stress level
6.0

Stress level is manageable

7.1 - high

Complexity level
6.4

Complexity level is intermediate

7 - challenging

Work life balance
7.3

Work life balance is good

6.4 - fair

Finance technician career paths

Key steps to become a finance technician

  1. Explore finance technician education requirements

    Most common finance technician degrees

    Bachelor's

    47.6 %

    Associate

    27.6 %

    High School Diploma

    11.7 %
  2. Start to develop specific finance technician skills

    SkillsPercentages
    Financial Reports14.79%
    Financial Management12.92%
    Review Contracts10.29%
    Financial Transactions7.84%
    Treasury5.89%
  3. Complete relevant finance technician training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New finance technicians learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a finance technician based on U.S. Bureau of Labor Statistics data and data from real finance technician resumes.
  4. Research finance technician duties and 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.
  5. Get finance technician experience

    Generally, it takes 4-6 years to become a finance technician. The most common roles before becoming a finance technician include administrative assistant, cashier team lead and customer service representative.
  6. Prepare your finance technician resume

    When your background is strong enough, you can start writing your finance technician resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a finance technician resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable finance technician resume templates

    Build a professional finance technician resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your finance technician resume.
    Finance Technician Resume
    Finance Technician Resume
    Finance Technician Resume
    Finance Technician Resume
    Finance Technician Resume
    Finance Technician Resume
    Finance Technician Resume
    Finance Technician Resume
    Finance Technician Resume
  7. Apply for finance technician jobs

    Now it's time to start searching for a finance technician job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first finance technician job

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Average finance technician salary

The average finance technician salary in the United States is $45,251 per year or $22 per hour. Finance technician salaries range between $30,000 and $67,000 per year.

Average finance technician salary
$45,251 Yearly
$21.76 hourly

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Finance technician reviews

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A zippia user wrote a review on Apr 2022
Pros

Making sure that disbursement is done correctly and properly. I love account payable, monitoring invoice log date to avoid late payment fees.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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