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Job outlook for finance technicians in the United States
Finance technician job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected finance technician job growth rate is -5% from 2018-2028.
About -77,200 new jobs for finance technicians are projected over the next decade.
Finance technician salaries have increased 10% for finance technicians in the last 5 years.
There are over 5,872 finance technicians currently employed in the United States.
There are 89,668 active finance technician job openings in the US.
The average finance technician salary is $45,251.
Are finance technician jobs in demand?
Finance technician job and salary trends over time
Finance technician jobs over time
Finance technician job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 5,872 | 0.00% |
| 2020 | 5,618 | 0.00% |
| 2019 | 5,885 | 0.00% |
| 2018 | 5,954 | 0.00% |
| 2017 | 5,962 | 0.00% |
Average finance technician salary over time
Finance technician salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $45,251 | $21.76 | +2.9% |
| 2025 | $43,992 | $21.15 | +2.5% |
| 2024 | $42,935 | $20.64 | +2.5% |
| 2023 | $41,868 | $20.13 | +2.2% |
| 2022 | $40,961 | $19.69 | +3.1% |
Finance technician jobs by state
Most common states for finance technicians
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | Delaware | 961,939 | 256 | 27% |
| 2 | Massachusetts | 6,859,819 | 1,778 | 26% |
| 3 | Minnesota | 5,576,606 | 1,344 | 24% |
| 4 | Alaska | 739,795 | 175 | 24% |
| 5 | Utah | 3,101,833 | 705 | 23% |
| 6 | North Dakota | 755,393 | 165 | 22% |
| 7 | Vermont | 623,657 | 138 | 22% |
| 8 | Connecticut | 3,588,184 | 739 | 21% |
| 9 | New Hampshire | 1,342,795 | 278 | 21% |
| 10 | Virginia | 8,470,020 | 1,730 | 20% |
| 11 | Colorado | 5,607,154 | 1,127 | 20% |
| 12 | Maine | 1,335,907 | 273 | 20% |
| 13 | Rhode Island | 1,059,639 | 217 | 20% |
| 14 | Maryland | 6,052,177 | 1,178 | 19% |
| 15 | Wisconsin | 5,795,483 | 1,092 | 19% |
| 16 | Nebraska | 1,920,076 | 367 | 19% |
| 17 | Illinois | 12,802,023 | 2,331 | 18% |
| 18 | Iowa | 3,145,711 | 565 | 18% |
| 19 | Wyoming | 579,315 | 103 | 18% |
| 20 | New Jersey | 9,005,644 | 1,529 | 17% |
Most common cities for finance technicians
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Carrollton | 1 | 4% | $35,342 |
| 2 | Midland | 1 | 2% | $37,441 |
| 3 | North Little Rock | 1 | 2% | $34,692 |
| 4 | Pocatello | 1 | 2% | $28,866 |
| 5 | Atlanta | 4 | 1% | $35,443 |
| 6 | Irvine | 2 | 1% | $50,353 |
| 7 | New Orleans | 2 | 1% | $39,617 |
| 8 | Orlando | 2 | 1% | $38,572 |
| 9 | Boston | 2 | 0% | $57,226 |
| 10 | Denver | 2 | 0% | $34,869 |
| 11 | Baltimore | 1 | 0% | $54,891 |
| 12 | Detroit | 1 | 0% | $38,747 |
| 13 | Miami | 1 | 0% | $40,638 |
| 14 | Norfolk | 1 | 0% | $42,699 |
| 15 | Phoenix | 1 | 0% | $40,608 |
| 16 | Saint Petersburg | 1 | 0% | $39,438 |
Finance Technician job outlook: Expert opinions
Our panel of finance technician experts
Centenary University
Florida International University
Frank Longo
Assistant Professor of BusinessCentenary University
Business Department
What hard/technical skills are most important for Finance Technicians?
Frank Longo: Proficiency with emerging technology is an attention-getter. We should note that the Certified Public Accountants Exam will contain three sections by 2024, including Data Analytics, Tax Compliance and Planning, and Information System and Controls. A basic knowledge will be required in each of these, and the CPA candidate will identify one area of the above for more detailed testing. This change in knowledge requirements reflects the skills employers see as most important to hire. Using technology in any of these areas can move a candidate to the top of the hiring list. We should emphasize that the job candidate does not need to be an expert in each area, but the ability to effectively use technology in one area is important. Employers are looking for the ability to use technology in information security, business processes, information systems, IT audits, data analytics, and tax planning but not all of them.
Keep in mind that successful firms performed audits, prepared tax returns, advised clients on data security, and much more during the pandemic, and they often did so remotely. This can be expected to continue into the future.
What are the biggest trends we'll see in the Finance Technician job market given the pandemic?
Jose Aldrich: -Rapid increase in quality of technology based solutions allowing for robust remote working and business interaction, will support working more from home where the business can adapt and has the technology solutions to support the new working environment. This trend will impact commercial real estate, primarily office space. Some companies may seek to reduce office space.
-Budgets for business travel, large meetings and in-person business meetings may decrease and budgets for remote technology may increase. Business travel industry may need to adapt to the reduced business travel as remote technology solutions continue to evolve.
-E-commerce is on the rise and will continue to increase as consumers become more comfortable with online purchasing (groceries, clothes and household items, etc). Shift from physical stores to virtual stores for a larger percentage of sales will lower cost of entry and give rise to new businesses to support the trend.
-Social norms have adapted to the new pandemic environment and may not fully return to pre-pandemic levels. Face masks, social distancing, handshaking, etc. may become the norm for some time and taper slowly with some habits continuing.
What soft skills should all Finance Technicians possess?
Jose Aldrich: -Strong relationship building skills. Trusted relationships with peers, bosses and clients/customers are key.
-Analytical abilities. A lot of the work will involve interpreting data and using business analytics.
-Effective decision making. Identifying business risks and courage to take calculated risks in business.
-Leadership skills
-Ability to speak up at meetings.
-Organizational skills