Accounting Technician Salary
Average Accounting Technicians in the United States make around $17.12 per hour. Geography is the biggest factor affecting pay for this group, followed by tenure. The vast majority of Accounting Technicians (84 percent) who responded to the survey are women. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to most, and a strong majority earn dental coverage. This report is based on responses to the PayScale salary survey.
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
- 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.
- Balance entries and make necessary corrections.
- Sort documents and post debits/credits to proper account .
- Verify amounts and codes on various forms for accuracy.
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Popular Skills for Accounting Technician
Accounting Technicians report using a deep pool of skills on the job. Most notably, skills in Financial Reporting, Payroll Administration, General Ledger Accounting, and Accounting are correlated to pay that is above average, with boosts between 6 percent and 11 percent. Skills that are correlated to lower pay, on the other hand, include Reconciliation, Microsoft Office, and Budgeting. The majority of those who know Accounts Payable also know Microsoft Excel.
Pay by Experience Level for Accounting Technician
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Survey participants with less than five years' experience pocket $34K on average, but those with five to 10 years of experience enjoy a much bigger median of $40K. On average, Accounting Technicians make $39K following one to two decades on the job. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $41K.
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Key Stats for Accounting Technician
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