Financial and accounting technicians
£51,621
Average salary
37 hours
Average weekly hours
1.71%
Unemployment rate
Definition: Financial and accounting technicians
*SOC Code (Standard Occupational Classification): 3537
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. 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.
*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
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
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
£49,536
Female average annual salary
£53,186
Male average annual salary
40
Female average weekly hours
34
Male average weekly hours
Average pay per hour: Financial and accounting technicians
Workforce gender: Financial and accounting technicians
Breakdown by region
£71,957
North West (England) - highest annual average salary
£41,714
South West (England) - lowest annual average salary
43
North East (England) - Highest average weekly hours
34
West Midlands (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 (£25,029)
years
Highest annual salary (£0) at this age