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Fiscal technician vs accounts payable technician

The differences between fiscal technicians and accounts payable technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a fiscal technician, becoming an accounts payable technician takes usually requires 2-4 years. Additionally, an accounts payable technician has an average salary of $47,325, 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 technician are FAA, A/P, and powerplant.

Fiscal technician vs accounts payable technician overview

Fiscal TechnicianAccounts Payable Technician
Yearly salary$38,696$47,325
Hourly rate$18.60$22.75
Growth rate-5%6%
Number of jobs13,38423,079
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 39%
Average age5140
Years of experience64

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 technician do?

An Accounts Payable Technician performs the day-to-day processing of accounts payable transactions. They prepare and process invoices and other financial documents manually or by using specialized automated software.

Fiscal technician vs accounts payable technician salary

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

Fiscal TechnicianAccounts Payable Technician
Average salary$38,696$47,325
Salary rangeBetween $29,000 And $50,000Between $33,000 And $66,000
Highest paying CityWalnut, CAJuneau, AK
Highest paying stateMassachusettsAlaska
Best paying companyMt. San Antonio CollegeBaptist Health Care
Best paying industryNon ProfitsManufacturing

Differences between fiscal technician and accounts payable technician education

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

Fiscal TechnicianAccounts Payable Technician
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 39%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaSUNY Farmingdale

Fiscal technician vs accounts payable technician demographics

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

Fiscal TechnicianAccounts Payable Technician
Average age5140
Gender ratioMale, 15.8% Female, 84.2%Male, 55.0% Female, 45.0%
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, 9.1% Unknown, 5.0% Hispanic or Latino, 23.2% Asian, 6.8% White, 55.3% American Indian and Alaska Native, 0.6%
LGBT Percentage7%2%

Differences between fiscal technician and accounts payable 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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Accounts payable technician example responsibilities.

  • Manage the FOD prevention program to reduce costly repairs and increase the participation in FOD awareness and FOD walk downs.
  • Utilize technical data to troubleshoot maintenance issues.
  • Obtain practical experience on the Garrett TPE-331 powerplant.
  • Maintain catalog of store A/P, A/R source documents.
  • Enter all invoices into a/p software, assigns g/l account numbers & appropriate cost centers.
  • Obtain practical experience on the TFE-731 Garrett powerplant and hot section inspection experience on the Pratt and Whitney PT6.
  • Show more

Fiscal technician vs accounts payable technician 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 technician skills
  • FAA, 13%
  • A/P, 9%
  • Powerplant, 9%
  • Airframe, 8%
  • Troubleshoot, 7%
  • Hand Tools, 5%

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