Fiscal technician vs account administrator

The differences between fiscal technicians and account administrators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a fiscal technician and an account administrator. Additionally, an account administrator has an average salary of $40,149, which is higher than the $38,696 average annual salary of a fiscal technician.

The top three skills for a fiscal technician include financial reports, data entry and purchase orders. The most important skills for an account administrator are customer service, data entry, and financial statements.

Fiscal technician vs account administrator overview

	Fiscal Technician	Account Administrator
Yearly salary	$38,696	$40,149
Hourly rate	$18.60	$19.30
Growth rate	-5%	6%
Number of jobs	13,384	136,654
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 62%
Average age	51	47
Years of experience	6	6

What does a fiscal technician do?

Fiscal technicians are the ones who are responsible for ensuring that there are no accounting inaccuracies for a client. They must also make sure that fraud and other discrepancies on accounts are seen and are solved. They are responsible for maintaining clean and reliable financial records by tracking transactions, doing inventories, verifying the truthfulness and accuracy of every entry, comparing folders, and keeping correct records secured.

What does an account administrator do?

An account administrator receives and verifies goods and services billing and requisitions in an organization. Account administrators review and reconcile accounts, maintain up-to-date receipts and invoice records, and process payments to the company's external partners. Often, they need to contact vendors and clients to be able to perform their tasks. They should be equipped with skills in payroll administration, management, and business expertise. There are also tools that they need to be proficient with, such as accounting software and quality management tools.

Fiscal technician vs account administrator salary

Fiscal technicians and account administrators have different pay scales, as shown below.

	Fiscal Technician	Account Administrator
Average salary	$38,696	$40,149
Salary range	Between $29,000 And $50,000	Between $29,000 And $54,000
Highest paying City	Walnut, CA	Freeport, NY
Highest paying state	Massachusetts	New Jersey
Best paying company	Mt. San Antonio College	AbbVie
Best paying industry	Non Profits	Technology

Differences between fiscal technician and account administrator education

There are a few differences between a fiscal technician and an account administrator in terms of educational background:

	Fiscal Technician	Account Administrator
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 62%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Fiscal technician vs account administrator demographics

Here are the differences between fiscal technicians' and account administrators' demographics:

	Fiscal Technician	Account Administrator
Average age	51	47
Gender ratio	Male, 15.8% Female, 84.2%	Male, 29.4% Female, 70.6%
Race ratio	Black or African American, 7.0% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.7% White, 67.1% American Indian and Alaska Native, 0.6%	Black or African American, 9.7% Unknown, 4.7% Hispanic or Latino, 19.2% Asian, 5.3% White, 60.5% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	8%

Differences between fiscal technician and account administrator duties and responsibilities

Fiscal technician example responsibilities.

Manage finance operations of assign USPS location.
Analyze debtor and creditor ledgers and accounts daily to ensure accuracy.
Correspond with Medicaid, Medicare and insurance companies with regards to billing matters.
Keep vendor ledgers for each fiscal year and all back up documentation for invoices.
Review time reports for accuracy and complete reconciliations of retroactive payments.
Complete financial reconciliations for various accounts and assist in developing the budget and cost center analysis for management.

Account administrator example responsibilities.

Manage all post-award management activities such as award processing, fund monitoring financial reporting and payroll reconciliation.
Post ACH bank deposits via company web portal and/or email remittances provide by the customers.
Assist conversion of the accounting system to an ERP system
Perform the task of verifying and sending the daily ACH origination files for bank customers.
Perform financial account management using QuickBooks.
Prepare monthly payroll and statutory tax deduction returns to the regulatory authorities.

Fiscal technician vs account administrator skills

Common fiscal technician skills

Financial Reports, 11%
Data Entry, 9%
Purchase Orders, 8%
Payroll, 8%
Word Processing, 4%
Customer Service, 4%

Common account administrator skills

Customer Service, 25%
Data Entry, 10%
Financial Statements, 6%
Customer Inquiries, 5%
Computer System, 5%
Payroll, 5%

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Office and Administrative Industry
Fiscal Technician
Fiscal Technician vs Account Administrator

Updated January 8, 2025

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