Fiscal technician vs accounts payable administrator

The differences between fiscal technicians and accounts payable 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 accounts payable administrator. Additionally, an accounts payable administrator has an average salary of $41,860, 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 accounts payable administrator are purchase orders, data entry, and vendor invoices.

Fiscal technician vs accounts payable administrator overview

	Fiscal Technician	Accounts Payable Administrator
Yearly salary	$38,696	$41,860
Hourly rate	$18.60	$20.12
Growth rate	-5%	-5%
Number of jobs	13,384	79,272
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 46%
Average age	51	51
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 accounts payable administrator do?

An accounts payable administrator is an individual who reviews and verifies the invoices of suppliers and grants payment requests. Accounts payable administrators must prepare invoice batches and input them in the accounts payable module of the financial information system every day to ensure that payments meet weekly and monthly deadlines. When warranted, they seek clarifications or explanations from submitters and responds to inquiries from suppliers, consultants, and clients regarding the status of their payments. Accounts payable administrators must also ensure that reimbursements are properly approved.

Fiscal technician vs accounts payable administrator salary

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

	Fiscal Technician	Accounts Payable Administrator
Average salary	$38,696	$41,860
Salary range	Between $29,000 And $50,000	Between $32,000 And $54,000
Highest paying City	Walnut, CA	New York, NY
Highest paying state	Massachusetts	New York
Best paying company	Mt. San Antonio College	Ducommun
Best paying industry	Non Profits	Finance

Differences between fiscal technician and accounts payable administrator education

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

	Fiscal Technician	Accounts Payable Administrator
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 46%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Fiscal technician vs accounts payable administrator demographics

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

	Fiscal Technician	Accounts Payable Administrator
Average age	51	51
Gender ratio	Male, 15.8% Female, 84.2%	Male, 12.7% Female, 87.3%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between fiscal technician and accounts payable 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.

Accounts payable administrator example responsibilities.

Manage payroll transactions utilizing ADP payroll software.
Maintain a cash flow chart of checks issue and clear, ACH payments, incoming collections, and wire transfers.
Solve complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
Set up new vendors, maintain new supplier forms and proper W8 and W9 reporting.
Implement standard form to vendors to complete and return along with W9 and a sample invoice.
Review and record vendor bills utilizing QuickBooks.

Fiscal technician vs accounts payable administrator skills

Common fiscal technician skills

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

Common accounts payable administrator skills

Purchase Orders, 12%
Data Entry, 9%
Vendor Invoices, 8%
Expense Reports, 6%
Credit Card, 5%
Vendor Statements, 5%

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Office and Administrative Industry
Fiscal Technician
Fiscal Technician vs Accounts Payable Administrator

Updated January 8, 2025

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