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Financial and accounting technicians

£24,960 Average salary at age 20
£51,480 Average Salary
37 Average hours per week

Description

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

Main 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.

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.

What Financial and accounting technicians studied in higher education

A text alternative for this canvas pie chart is provided in the data table below
What Financial and accounting technicians studied in higher education
Occupation Percentage Value
(G1) Mathematics6
(W2) Design studies1
(L3) Sociology1
(C1) Biology1
(F1) Chemistry1
(C8) Psychology1
(F8) Physical geographical sciences1
(Q3) English studies1
(L2) Politics2
(R4) Spanish studies1
(M1) Law by area2
(M2) Law by topic1
(F3) Physics1
(L1) Economics8
(N1) Business studies11
(X1) Training teachers1
(N4) Accounting33
(C6) Sport & exercise science1
(N2) Management studies4
(V1) History by period1
(N3) Finance13

UK Prospects

17700 Workforce Size
5.05% Predicted growth 2022 - 2027
5320 Predicted Replacement 2022 - 2027

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