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The differences between finance technicians and accountable clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a finance technician and an accountable clerk. Additionally, a finance technician has an average salary of $45,251, which is higher than the $38,120 average annual salary of an accountable clerk.
The top three skills for a finance technician include financial reports, financial management and review contracts. The most important skills for an accountable clerk are data entry, financial reports, and purchase orders.
| Finance Technician | Accountable Clerk | |
| Yearly salary | $45,251 | $38,120 |
| Hourly rate | $21.76 | $18.33 |
| Growth rate | -5% | -5% |
| Number of jobs | 89,668 | 81,209 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 41% |
| Average age | 51 | 51 |
| Years of experience | 6 | 6 |
Finance technicians are professionals who perform various tasks that are related to financial accounting for an organization. These technicians are required to provide monthly transaction reports and perform forecasts on their future budget requirements to ensure proper financial management for the organization. They must assist in preparing financial statements to analyze and summarize accounting data for the organization's senior management. Finance technicians must also research and resolve any disputes that involve financial transactions while informing the senior management about any financial discrepancies.
The duties of an accountable clerk vary in one's industry of employment. Typically, their responsibilities revolve around overseeing the financial aspects of a company, including revenue and budget. They mostly process payments and income, ensuring accuracy in every detail and transaction. An accountable clerk may also have clerical tasks such as producing progress reports, answering calls and correspondence, coordinating with various department personnel, and maintaining a database of information. Should there be any issues, it is essential to report to a manager right away.
Finance technicians and accountable clerks have different pay scales, as shown below.
| Finance Technician | Accountable Clerk | |
| Average salary | $45,251 | $38,120 |
| Salary range | Between $30,000 And $67,000 | Between $29,000 And $49,000 |
| Highest paying City | New York, NY | New Haven, CT |
| Highest paying state | New York | Massachusetts |
| Best paying company | Ernst & Young | Wayne County, Michigan |
| Best paying industry | Government | Government |
There are a few differences between a finance technician and an accountable clerk in terms of educational background:
| Finance Technician | Accountable Clerk | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 41% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance technicians' and accountable clerks' demographics:
| Finance Technician | Accountable Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 41.2% Female, 58.8% | Male, 19.1% Female, 80.9% |
| Race ratio | 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% | 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 Percentage | 7% | 7% |