Accounting Technician Salary
Pay for Accounting Technicians in the United States sits in the ballpark of $17.20 per hour. Residence is the biggest factor affecting pay for this group, followed by career length. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Most Accounting Technicians report high levels of job satisfaction. The vast majority (84 percent) of Accounting Technicians who took the survey are female. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
|Salary||$29,048 - $55,826|
|Bonus||$242.40 - $3,606|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$28,021 - $52,893|
|Hourly Rate||$12.77 - $23.80|
|Overtime||$19.05 - $34.52|
|Bonus||$242.40 - $3,606|
|Total Pay (||$28,021 - $52,893|
Job Description for Accounting Technician
Accounting technicians may work in a variety of environments, including in financial, clerical, or support roles. They perform a variety of duties for accounting firms or departments, such as preparing accounts, handling invoices, handle bookkeeping, and monitor budgets They also often monitor departmental resources, manage payroll, write reports, and audit work.Read More...
Accounting technicians must maintain professional relationships not only with their supervisor, but other office staff and clients. These professionals must be proficient with various accounting software and have a working knowledge of basic computer software such as Microsoft Office. Most of the time, accounting technician work in an office setting during regular business hours. They may be self-employed, as well, handling a wide variety of accounting-related tasks.
This position typically requires basic accounting knowledge, which could include a combination of previous work experience with vocational or technical school or an associate's degree in a general accounting.
Accounting Technician Tasks
- Sort documents and post debits/credits to proper account .
- Verify amounts and codes on various forms for accuracy.
- Balance entries and make necessary corrections.
- Maintain and make necessary adjustments to records and/or logs such as journals, payroll/ time reports, or property records.
- Verify and reconcile simple bank statements or department records.
Common Career Paths for Accounting Technician
A lot of Accounting Technicians move on to become Accountants, that group gets paid a slightly higher $45K on average. Staff Accountants or Accounting Specialists are common next-step roles for Accounting Technicians moving up in their careers; annual pay for Staff Accountants is $6K higher on average, and it's $2K higher for Accounting Specialists.
Popular Skills for Accounting Technician
Survey takers working as Accounting Technicians report using a large range of professional skills. Most notably, skills in Financial Reporting, Accounting, General Ledger Accounting, and Payroll Administration are correlated to pay that is above average, with boosts between 5 percent and 9 percent. Skills that seem to negatively impact pay include Reconciliation, Microsoft Office, and Budgeting. Those familiar with Accounts Payable also tend to know Microsoft Excel.
Pay by Experience Level for Accounting Technician
Pay by Experience for an Accounting Technician has a positive trend. An entry-level Accounting Technician with less than 5 years of experience can expect to earn an average total compensation of $34,000 based on 233 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Accounting Technician with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $40,000 based on 130 salaries. An experienced Accounting Technician which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $40,000 based on 148 salaries. An Accounting Technician with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $41,000 based on 68 salaries.
Pay Difference by Location
For Accounting Technicians, busy Las Vegas offers a higher-than-average pay rate, 51 percent above the national average. Accounting Technicians can also look forward to large paychecks in cities like Denver (+36 percent), Seattle (+24 percent), Washington (+17 percent), and Los Angeles (+16 percent). Accounting Technicians in Helena report much lower salaries than the rest of the country — 25 percent below the national average — proving that residence is a major factor in overall pay. Employers in Greensboro and San Antonio also lean toward paying below-median salaries (12 percent lower and 11 percent lower, respectively).
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Key Stats for Accounting Technician
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