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The differences between finance technicians and charge bookkeepers 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 a charge bookkeeper. Additionally, a charge bookkeeper has an average salary of $46,615, which is higher than the $45,251 average annual salary of a finance technician.
The top three skills for a finance technician include financial reports, financial management and review contracts. The most important skills for a charge bookkeeper are reconciliations, payroll tax returns, and balance sheet.
| Finance Technician | Charge Bookkeeper | |
| Yearly salary | $45,251 | $46,615 |
| Hourly rate | $21.76 | $22.41 |
| Growth rate | -5% | -5% |
| Number of jobs | 89,668 | 27,542 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 47% |
| 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.
A full charge bookkeeper's primary job is to manage and handle all the accounts of a small or medium-sized business. They are responsible for overseeing the accounting duties for a company, including billing customers, preparing bank statements and tax returns, and processing timesheets. Also, a full charge bookkeeper collates and enters vendor expenses, maintains the ledger's accuracy, and process accounts receivables. There are specific requirements you should meet to become a successful full charge bookkeeper, such as having a bachelor's degree in accounting, previous work experience as a charge bookkeeper, and bookkeeping certification.
Finance technicians and charge bookkeepers have different pay scales, as shown below.
| Finance Technician | Charge Bookkeeper | |
| Average salary | $45,251 | $46,615 |
| Salary range | Between $30,000 And $67,000 | Between $36,000 And $58,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | New York | Alaska |
| Best paying company | Ernst & Young | The Carney Group |
| Best paying industry | Government | Construction |
There are a few differences between a finance technician and a charge bookkeeper in terms of educational background:
| Finance Technician | Charge Bookkeeper | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 47% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between finance technicians' and charge bookkeepers' demographics:
| Finance Technician | Charge Bookkeeper | |
| Average age | 51 | 51 |
| Gender ratio | Male, 41.2% Female, 58.8% | Male, 13.9% Female, 86.1% |
| 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, 67.3% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |