Financial or accounting technician

Financial and accounting technicians work alongside accountants and other financial professionals in managing the financial affairs of organisations.

Tasks

  • Monitors accounting systems to determine accounts are being maintained effectively and provides information on accounting practices to auditors.
  • Ensures invoices and payments are correct and sent out on time.
  • Liaises with clients to ensure that payments are made on time and credit limits are not exceeded.
  • Produces, collates and reports financial information for managers.
  • Maintains profit and loss accounts, budgets, cash flow forecasts and other accounting records.

Typical Education Level

Level 3 NVQ; A Levels

Will retirement created job openings

In the UK, 10% in this profession are aged 55 or above.* They will likely retire in the next 10 years, creating a demand for new workers

*This is based on national data

£37,710

Average annual earnings

The current average wage for financial or accounting technician is £37,710

966 positions

Current Employment

The number of jobs in the career for the current year is 966. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.

jobs

Job Postings

Over the past year, jobs have been posted for financial or accounting technician roles.

How well does it pay?

Normal pay for this occupation is £37,710 per year. That is about £3,143 per month or £19.34 per hour. New workers generally start on £24,398, while highly experienced workers can earn as much as £69,597

Is it growing or declining?

This career has remained the same over the last 2 years, and is expected to remain the same over the next 4 years. Currently, 966 people are employed in the region.

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