£51,480
Average Annual Pay
Annual Survey of Hours and Earning 2020
37
Average Weekly Hours
Annual Survey of Hours and Earning 2019
1.71%
Unemployment Rate
Labour Force Survey 2020
Future employment projections (Working Futures UK)
Description
Financial and accounting technicians work alongside accountants and other financial professionals in managing the financial affairs of organisations.
Qualifications
There are no formal academic requirements. Professional qualifications are available from the Association of Chartered Certified Accountants and the Association of Accounting Technicians. These qualifications can be linked to NVQs/SVQs in Accounting at Levels 2, 3 and 4. Exemptions to professional examinations may be granted to those with certain academic qualifications.Typical tasks
- maintains profit and loss accounts, budgets, cash flow forecasts and other accounting records;
- produces, collates and reports financial information for managers;
- liaises with clients to ensure that payments are made on time and credit limits are not exceeded;
- ensures invoices and payments are correct and sent out on time;
- monitors accounting systems to determine accounts are being maintained effectively and provides information on accounting practices to auditors.
Common job titles
Officer, trust
Senior, trust
Technician, accounting
Clerk, managing (accountancy)
Technician, account
Administrator, fund
Controller (banking)
Controller, financial
Technician (accountancy)
Technician, audit
Associate, business (banking)
Senior, audit
Administrator, trust (banking)
Administrator, insolvency
Education background
Destination of Leavers survey, supplied by the Higher Education Statistics.
Compare Financial and accounting technicians with other careers
42/355
Ranked 42nd out of 355 careers for highest average pay.
180/355
Ranked 180th out of 355 careers for the longest hours.
258/355
Ranked 258th out of 355 careers for highest unemployment rate.
Top industries: Financial and accounting technicians
Working Futures UK
Employment type
Gender breakdown
£950
Female average weekly pay
Annual Survey of Hours and Earning 2020
£1020
Male average weekly pay
Annual Survey of Hours and Earning 2020
262/350
Gender pay gap ranking
Annual Survey of Hours and Earning 2020
Compare the Gender Pay Gap for Financial and accounting technicians with other careers.
Average weekly pay by age and gender: Financial and accounting technicians
Pay change between years
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Contact info
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- 2 Queen Street,California, USA
- (+84) 04 123 456
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