What does a fiscal technician do?

Bookkeepers are employees who are in charge of the company's general ledger. They are well-versed in basic accounting principles, and they apply these in their work. Bookkeepers manage the entry of items in the general ledger, assign items into their proper categories, and ensure that the entries are balanced. They also act as auditors by checking the accuracy and veracity of the receipts or vouchers in their possession before entering them into the system. Bookkeepers ensure that their files are up to date and free of errors.

These skill sets are where the common ground ends though. The responsibilities of a fiscal technician are more likely to require skills like "payroll," "word processing," "fiscal support," and "credit card." On the other hand, a job as a bookkeeper requires skills like "payroll tax returns," "general ledger accounts," "credit card accounts," and "sales tax." As you can see, what employees do in each career varies considerably.

An accounting coordinator is responsible for assisting the operations of the organization's accounting department, processing financial reports, and serving as a liaison between the accounting staff and other department personnel or external parties. Accounting coordinators maintain a record of accounts payable and receivables, issuing invoices, updating account statements, resolving account discrepancies, and managing bank reconciliations. They also help with tax audits, as well as performing bookkeeping functions and other administrative tasks as needed. An accounting coordinator must have excellent analytical skills and knowledge of accounting principles and disciplines.

In addition to the difference in salary, there are some other key differences worth noting. For example, fiscal technician responsibilities are more likely to require skills like "payroll," "word processing," "financial transactions," and "fiscal support." Meanwhile, an accounting coordinator has duties that require skills in areas such as "general ledger accounts," "credit card payments," "vendor invoices," and "accruals." These differences highlight just how different the day-to-day in each role looks.

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.

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from fiscal technician resumes include skills like "payroll," "word processing," "customer service," and "financial transactions," whereas an accounts payable administrator is more likely to list skills in "vendor invoices," "vendor statements," "general ledger accounts," and "ach. "

An accounting administrator is responsible for reviewing and analyzing account statements, managing deposits, and resolving bank discrepancies and financial disputes. Accounting administrators handle the efficient and accurate cash flow within an organization, including payroll release and filing of petty cash. They maintain an organized record of payments and billing statements for reference and audit purposes to generate reports for the management. An accounting administrator must have extensive knowledge of the accounting principles, as well as excellent communication and analytical skills to perform duties effectively, even under minimal supervision.