What is a Finance Technician

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.

There is more than meets the eye when it comes to being a Finance Technician. For example, did you know that they make an average of $22.86 an hour? That's $47,540 a year!

Between 2018 and 2028, the career is expected to grow -4% and produce -65,800 job opportunities across the U.S.

What Does a Finance Technician Do

There are certain skills that many Finance Technicians have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Computer skills, Detail oriented and Integrity.

Learn more about what a Finance Technician does

How To Become a Finance Technician

If you're interested in becoming a Finance Technician, one of the first things to consider is how much education you need. We've determined that 47.6% of Finance Technicians have a bachelor's degree. In terms of higher education levels, we found that 8.6% of Finance Technicians have master's degrees. Even though most Finance Technicians have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Finance Technician. When we researched the most common majors for a Finance Technician, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Finance Technician resumes include High School Diploma degrees or Master's Degree degrees.

You may find that experience in other jobs will help you become a Finance Technician. In fact, many Finance Technician jobs require experience in a role such as Administrative Assistant. Meanwhile, many Finance Technicians also have previous career experience in roles such as Cashier or Customer Service Representative.

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Average Salary
$47,540
Average Salary
Job Growth Rate
-4%
Job Growth Rate
Job Openings
84,341
Job Openings
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Finance Technician Career Paths

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Average Salary for a Finance Technician

Finance Technicians in America make an average salary of $47,540 per year or $23 per hour. The top 10 percent makes over $67,000 per year, while the bottom 10 percent under $33,000 per year.
Average Salary
$47,540
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Finance Technician Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Finance Technician. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Finance Technician Resume

At Zippia, we went through countless Finance Technician resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Finance Technician Resume Examples And Templates

Finance Technician Demographics

Finance Technician Gender Statistics

female

56.2 %

male

38.9 %

unknown

4.9 %

Finance Technician Ethnicity Statistics

White

71.9 %

Hispanic or Latino

12.7 %

Black or African American

6.9 %

Finance Technician Foreign Languages Spoken Statistics

Spanish

55.6 %

French

10.0 %

Portuguese

5.6 %
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Finance Technician Education

Finance Technician Majors

31.1 %
11.9 %

Finance Technician Degrees

Bachelors

47.6 %

Associate

27.6 %

High School Diploma

11.7 %

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None
High School / GED
Associate
Bachelor's
Master's
Doctorate

Top Colleges for Finance Technicians

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
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Online Courses For Finance Technician That You May Like

Financial Accounting-Adjusting Entries & Financial Statement
udemy
4.4
(368)

Adjusting entry creation, posting adjusting entries to a worksheet, creating financial statements from the trial balance...

Financial Accounting Subsidiary Ledgers & Special Journals
udemy
4.8
(283)

Subsidiary ledgers for accounts receivable & accounts payable. Special Journals - Sales journal, purchases journal...

Financial Accounting: The Complete Introductory Crash Course
udemy
4.5
(947)

Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...

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Top Skills For a Finance Technician

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.5% of Finance Technicians listed Procedures on their resume, but soft skills such as Computer skills and Detail oriented are important as well.

  • Procedures, 14.5%
  • Financial Management, 10.5%
  • Review Contracts, 8.7%
  • Financial Transactions, 6.6%
  • Financial Records, 6.4%
  • Other Skills, 53.3%
  • See All Finance Technician Skills

12 Finance Technician RESUME EXAMPLES

Best States For a Finance Technician

Some places are better than others when it comes to starting a career as a Finance Technician. The best states for people in this position are New York, Delaware, New Jersey, and Alaska. Finance Technicians make the most in New York with an average salary of $69,816. Whereas in Delaware and New Jersey, they would average $69,367 and $64,628, respectively. While Finance Technicians would only make an average of $61,956 in Alaska, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Finance Technician Jobs:
2,914
Highest 10% Earn:
$115,000
Location Quotient:
1.32
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Delaware

Total Finance Technician Jobs:
256
Highest 10% Earn:
$115,000
Location Quotient:
1.18
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Connecticut

Total Finance Technician Jobs:
739
Highest 10% Earn:
$99,000
Location Quotient:
1.29
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Finance Technicians

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