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Fiscal technician vs finance clerk

The differences between fiscal technicians and finance 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 a finance clerk. Additionally, a finance clerk has an average salary of $39,225, 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 a finance clerk are data entry, purchase orders, and HR.

Fiscal technician vs finance clerk overview

Fiscal TechnicianFinance Clerk
Yearly salary$38,696$39,225
Hourly rate$18.60$18.86
Growth rate-5%-5%
Number of jobs13,384143,372
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 44%
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 a finance clerk do?

Finance clerks are financial professionals who are responsible for performing various administrative tasks such as keeping financial records, preparing bills, and delivering excellent customer service. These clerks are required to process bills, checks, receipts, and other documents to ensure that they are all properly signed and distributed. They must verify financial and other data so that they can enter those data into the database and maintain updated records. Finance clerks must also assist with account reconciliations and should report the status of accounts and discrepancies to the management.

Fiscal technician vs finance clerk salary

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

Fiscal TechnicianFinance Clerk
Average salary$38,696$39,225
Salary rangeBetween $29,000 And $50,000Between $27,000 And $56,000
Highest paying CityWalnut, CANew York, NY
Highest paying stateMassachusettsNew York
Best paying companyMt. San Antonio CollegeUnited States Courts
Best paying industryNon ProfitsGovernment

Differences between fiscal technician and finance clerk education

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

Fiscal TechnicianFinance Clerk
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 44%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Fiscal technician vs finance clerk demographics

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

Fiscal TechnicianFinance Clerk
Average age5151
Gender ratioMale, 15.8% Female, 84.2%Male, 26.2% Female, 73.8%
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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between fiscal technician and finance 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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Finance clerk example responsibilities.

  • Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
  • Collaborate with insurance company representatives, case managers and physicians to obtain treatment authorization for potential kidney and kidney/pancreas transplant patients.
  • Write checks in the QuickBooks software to vendors and to reimburse employees.
  • Establish customer files in QuickBooks, write and test work instructions for clients, log and close complete files.
  • Produce PowerPoint presentations in order to brief the command team of the on goings within the company.
  • Used an automate information system (PeopleSoft) to edit, modify, and verify customers personal and payment information.
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Fiscal technician vs finance clerk skills

Common fiscal technician skills
  • Financial Reports, 11%
  • Data Entry, 9%
  • Purchase Orders, 8%
  • Payroll, 8%
  • Word Processing, 4%
  • Customer Service, 4%
Common finance clerk skills
  • Data Entry, 16%
  • Purchase Orders, 9%
  • HR, 5%
  • Bank Statements, 5%
  • Bank Deposits, 5%
  • Credit Card, 4%

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