Insurance underwriters
£45,886
Average salary
38 hours
Average weekly hours
1.85%
Unemployment rate
Definition: Financial and accounting technicians
*SOC Code (Standard Occupational Classification): 3533
Financial and accounting technicians work alongside accountants and other financial professionals in managing the financial affairs of organisations.
Common tasks include:
- 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
Qualifications
There are no formal academic requirements. Professional qualifications are available from the Association of Chartered Certified Accountants and the Association of Accounting Technicians. Vocational qualifications in Accounting are available at Levels 2, 3 and 4. Exemptions to professional examinations may be granted to those with certain academic qualifications.
*Introduced in 1990, SOC is a multi-purpose common classification of occupations in UK. Jobs are defined in terms of skill level and skill content, including qualifications, training and work experience.
Employment status: Financial and accounting technicians
Regional employment: Financial and accounting technicians
Future employment: Financial and accounting technicians
Top 12 industries: Financial and accounting technicians
Alternative & related job titles: Financial and accounting technicians
Accounting technician Business associate (banking) Financial controller Fund administrator Insolvency administrator Managing clerk (accountancy)
Equality focus: Financial and accounting technicians
Breaking down the official government big data sources by gender, age and region. Hours and pay data based on full time equlivalent roles.
Breakdown by gender
£44,321
Female average annual salary
£47,971
Male average annual salary
36
Female average weekly hours
39
Male average weekly hours
Average pay per hour: Financial and accounting technicians
Workforce gender: Financial and accounting technicians
Breakdown by region
£51,100
London - highest annual average salary
£39,629
North East (England) - lowest annual average salary
40
Wales - Highest average weekly hours
36
South West (England) - Lowest average weekly hours
Average pay per week (£): Financial and accounting technicians
Average weekly hours by UK region/nation: Financial and accounting technicians
Breakdown by age
20 years
Lowest annual salary (£15,121)
years
Highest annual salary (£0) at this age