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Fiscal technician vs accounts receivable clerk

The differences between fiscal technicians and accounts receivable clerks 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 receivable clerk. Additionally, a fiscal technician has an average salary of $38,696, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

The top three skills for a fiscal technician include financial reports, data entry and purchase orders. The most important skills for an accounts receivable clerk are customer service, data entry, and collection calls.

Fiscal technician vs accounts receivable clerk overview

Fiscal TechnicianAccounts Receivable Clerk
Yearly salary$38,696$36,425
Hourly rate$18.60$17.51
Growth rate-5%-5%
Number of jobs13,38487,935
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 36%
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 accounts receivable clerk do?

An Accounts Receivable Clerk specializes in processing payment records and bill statements of a company or organization. Among the duties include calculating total revenues and unpaid invoices, maintaining financial records and keeping a detailed and organized database, and verifying financial transactions and payment delinquencies. Furthermore, an Accounts Receivable Clerk must resolve and examine deductions, prepare invoices and necessary documentation, and review customer payment plans and history records and coordinate with the collections department should there be any issues.

Fiscal technician vs accounts receivable clerk salary

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

Fiscal TechnicianAccounts Receivable Clerk
Average salary$38,696$36,425
Salary rangeBetween $29,000 And $50,000Between $29,000 And $45,000
Highest paying CityWalnut, CABoston, MA
Highest paying stateMassachusettsMassachusetts
Best paying companyMt. San Antonio CollegeIBM
Best paying industryNon ProfitsFinance

Differences between fiscal technician and accounts receivable clerk education

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

Fiscal TechnicianAccounts Receivable Clerk
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 36%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal technician vs accounts receivable clerk demographics

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

Fiscal TechnicianAccounts Receivable Clerk
Average age5151
Gender ratioMale, 15.8% Female, 84.2%Male, 13.7% Female, 86.3%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between fiscal technician and accounts receivable clerk 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 receivable clerk example responsibilities.

  • Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
  • Utilize QuickBooks accounting software for billing/invoices, generate statements.
  • Perform necessary adjustments using knowledge of Medicare and all third party insurance.
  • Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.
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Fiscal technician vs accounts receivable clerk skills

Common fiscal technician skills
  • Financial Reports, 11%
  • Data Entry, 9%
  • Purchase Orders, 8%
  • Payroll, 8%
  • Word Processing, 4%
  • Customer Service, 4%
Common accounts receivable clerk skills
  • Customer Service, 12%
  • Data Entry, 9%
  • Collection Calls, 8%
  • Financial Data, 7%
  • Credit Card Payments, 5%
  • Process Payments, 5%

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