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Finance technician vs charge bookkeeper

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 vs charge bookkeeper overview

Finance TechnicianCharge Bookkeeper
Yearly salary$45,251$46,615
Hourly rate$21.76$22.41
Growth rate-5%-5%
Number of jobs89,66827,542
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 47%
Average age5151
Years of experience66

What does a finance technician do?

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.

What does a charge bookkeeper do?

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 technician vs charge bookkeeper salary

Finance technicians and charge bookkeepers have different pay scales, as shown below.

Finance TechnicianCharge Bookkeeper
Average salary$45,251$46,615
Salary rangeBetween $30,000 And $67,000Between $36,000 And $58,000
Highest paying CityNew York, NYSeattle, WA
Highest paying stateNew YorkAlaska
Best paying companyErnst & YoungThe Carney Group
Best paying industryGovernmentConstruction

Differences between finance technician and charge bookkeeper education

There are a few differences between a finance technician and a charge bookkeeper in terms of educational background:

Finance TechnicianCharge Bookkeeper
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 47%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance technician vs charge bookkeeper demographics

Here are the differences between finance technicians' and charge bookkeepers' demographics:

Finance TechnicianCharge Bookkeeper
Average age5151
Gender ratioMale, 41.2% Female, 58.8%Male, 13.9% Female, 86.1%
Race ratioBlack 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 Percentage7%7%

Differences between finance technician and charge bookkeeper duties and responsibilities

Finance technician example 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.
  • Ensure that obligations are correct, record, and submits vouchers to DFAS for processing.
  • Network and coordinate with DFAS, civilian personnel or other resources to resolve complex problems.
  • Show more

Charge bookkeeper example responsibilities.

  • Accomplish annual workers comp and business liability audits.
  • Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
  • Handle monthly account reconciliations and oversee and are responsible for quarterly financial reporting to company CPA.
  • Perform a variety of diversify responsibilities including: account management, reconciliations, generating checks, preparing bank deposits.
  • Handle A/P, A/R, G/L, F/S, P/R, reconcile bank statement and customer relations.
  • Support internal, external, and SOX audits.
  • Show more

Finance technician vs charge bookkeeper skills

Common finance technician skills
  • Financial Reports, 15%
  • Financial Management, 13%
  • Review Contracts, 10%
  • Financial Transactions, 8%
  • Treasury, 6%
  • Bonds, 4%
Common charge bookkeeper skills
  • Reconciliations, 17%
  • Payroll Tax Returns, 10%
  • Balance Sheet, 5%
  • Fixed Assets, 5%
  • Excellent Organizational, 5%
  • General Ledger Accounts, 4%

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