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Senior accounting technician vs finance technician

The differences between senior accounting technicians and finance technicians can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior accounting technician and a finance technician. Additionally, a senior accounting technician has an average salary of $55,796, which is higher than the $45,251 average annual salary of a finance technician.

The top three skills for a senior accounting technician include financial statements, GAAP and general ledger. The most important skills for a finance technician are financial reports, financial management, and review contracts.

Senior accounting technician vs finance technician overview

Senior Accounting TechnicianFinance Technician
Yearly salary$55,796$45,251
Hourly rate$26.82$21.76
Growth rate-5%-5%
Number of jobs25,28689,668
Job satisfaction--
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 48%
Average age5151
Years of experience66

Senior accounting technician vs finance technician salary

Senior accounting technicians and finance technicians have different pay scales, as shown below.

Senior Accounting TechnicianFinance Technician
Average salary$55,796$45,251
Salary rangeBetween $34,000 And $89,000Between $30,000 And $67,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateCaliforniaNew York
Best paying companyEnphase EnergyErnst & Young
Best paying industryPharmaceuticalGovernment

Differences between senior accounting technician and finance technician education

There are a few differences between a senior accounting technician and a finance technician in terms of educational background:

Senior Accounting TechnicianFinance Technician
Most common degreeBachelor's Degree, 50%Bachelor's Degree, 48%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior accounting technician vs finance technician demographics

Here are the differences between senior accounting technicians' and finance technicians' demographics:

Senior Accounting TechnicianFinance Technician
Average age5151
Gender ratioMale, 27.3% Female, 72.7%Male, 41.2% Female, 58.8%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.6% 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, 67.8% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between senior accounting technician and finance technician duties and responsibilities

Senior accounting technician example responsibilities.

  • Manage payroll general ledger accounts including account reconciliations and monthly accruals.
  • Process weekly check run and ACH deposit run.
  • Ensure the accuracy of the personal and mortgage loan subsidiary ledgers.
  • Prepare and review documents for disbursements in compliance with IRS laws.
  • Perform a variety of routine and many ad-hoc accounting functions using GAAP principles.
  • Prepare and maintain documentation for key procedures and processes in accordance with SOX.
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Finance technician example responsibilities.

  • Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
  • Transmit data to MAJCOM, HQ USAF, & DoD timely.
  • Provide debt management for the DOD and service members.
  • Process and review documents associate with PCS, ETS, retirement and/or separation.
  • Ensure that obligations are correct, record, and submits vouchers to DFAS for processing.
  • Network and coordinate with DFAS, civilian personnel or other resources to resolve complex problems.
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Senior accounting technician vs finance technician skills

Common senior accounting technician skills
  • Financial Statements, 14%
  • GAAP, 10%
  • General Ledger, 8%
  • SOX, 6%
  • Reconciliations, 6%
  • Treasury, 6%
Common finance technician skills
  • Financial Reports, 15%
  • Financial Management, 13%
  • Review Contracts, 10%
  • Financial Transactions, 8%
  • Treasury, 6%
  • Bonds, 4%

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