Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between finance technicians and accounting 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 accounting clerk. Additionally, a finance technician has an average salary of $45,251, which is higher than the $38,683 average annual salary of an accounting clerk.
The top three skills for a finance technician include financial reports, financial management and review contracts. The most important skills for an accounting clerk are data entry, customer service, and purchase orders.
| Finance Technician | Accounting Clerk | |
| Yearly salary | $45,251 | $38,683 |
| Hourly rate | $21.76 | $18.60 |
| Growth rate | -5% | -5% |
| Number of jobs | 89,668 | 106,969 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 49% |
| 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.
Accounting clerks are employees assigned to manage administrative and clerical tasks in the accounting department. Accounting clerks handle office accounting records and ensure that files are properly labeled and stored. They validate records and check whether these are updated. They also sort through documents to ensure that they are in their proper storage bins. Aside from document handling, they also help with creating and validating financial statements and bookkeeping. As such, accounting clerks should have a strong background in accounting to manage their tasks better.
Finance technicians and accounting clerks have different pay scales, as shown below.
| Finance Technician | Accounting Clerk | |
| Average salary | $45,251 | $38,683 |
| Salary range | Between $30,000 And $67,000 | Between $29,000 And $51,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Ernst & Young | Wilson Elser Moskowitz Edelman & Dicker Llp |
| Best paying industry | Government | Government |
There are a few differences between a finance technician and an accounting clerk in terms of educational background:
| Finance Technician | Accounting Clerk | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 49% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance technicians' and accounting clerks' demographics:
| Finance Technician | Accounting Clerk | |
| Average age | 51 | 51 |
| Gender ratio | Male, 41.2% Female, 58.8% | Male, 20.0% Female, 80.0% |
| 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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.6% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |