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Fiscal technician vs accounting technician

The differences between fiscal technicians and accounting technicians 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 accounting technician. Additionally, an accounting technician has an average salary of $41,337, 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 accounting technician are customer service, financial reports, and payroll.

Fiscal technician vs accounting technician overview

Fiscal TechnicianAccounting Technician
Yearly salary$38,696$41,337
Hourly rate$18.60$19.87
Growth rate-5%-5%
Number of jobs13,38439,972
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 51%
Average age5151
Years of experience66

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 accounting technician do?

An accounting technician is responsible for evaluating financial information procedures to support accounting and taxation tasks, verifying the accuracy of account statements for the reference of accountants. Accounting technicians manage the payroll processes, generate invoices, perform account reconciliations, analyze account receivables, prepare budget reports, and monitor the company's financial transactions. Accounting technicians should always adhere to taxation legislation, comply with accounting disciplines, and coordinate with the account management for any findings and concerns, requiring them to have excellent communication and analytical skills.

Fiscal technician vs accounting technician salary

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

Fiscal TechnicianAccounting Technician
Average salary$38,696$41,337
Salary rangeBetween $29,000 And $50,000Between $31,000 And $53,000
Highest paying CityWalnut, CAOakland, CA
Highest paying stateMassachusettsCalifornia
Best paying companyMt. San Antonio CollegeW. R. Berkley
Best paying industryNon ProfitsGovernment

Differences between fiscal technician and accounting technician education

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

Fiscal TechnicianAccounting Technician
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 51%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal technician vs accounting technician demographics

Here are the differences between fiscal technicians' and accounting technicians' demographics:

Fiscal TechnicianAccounting Technician
Average age5151
Gender ratioMale, 15.8% Female, 84.2%Male, 22.7% Female, 77.3%
Race ratioBlack 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, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between fiscal technician and accounting technician 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.
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Accounting technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Reconcile the agency SPCC statement each month
  • Audit includes reviewing SPCC invoices and receipts to ensure appropriate tax exemptions are follow.
  • Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
  • Apply GAAP following applicable federal regulations.
  • Maintain adherence to university accounting and GAAP standards.
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Fiscal technician vs accounting technician skills

Common fiscal technician skills
  • Financial Reports, 11%
  • Data Entry, 9%
  • Purchase Orders, 8%
  • Payroll, 8%
  • Word Processing, 4%
  • Customer Service, 4%
Common accounting technician skills
  • Customer Service, 12%
  • Financial Reports, 10%
  • Payroll, 8%
  • Purchase Orders, 7%
  • Data Entry, 6%
  • Reconciliations, 5%

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