Finance and Accounting Technician Job Description [Updated for 2025]

In the era of financial digitization, the focus on finance and accounting technicians has never been greater.

As financial landscapes continue to evolve, the demand for skilled individuals who can manage, develop, and secure our financial systems grows stronger.

But let’s delve deeper: What’s truly expected from a finance and accounting technician?

Whether you are:

• A job seeker trying to understand the core of this role,
• A hiring manager outlining the perfect candidate,
• Or simply curious about the intricacies of finance and accounting,

You’re in the right place.

Today, we present a customizable Finance and Accounting Technician job description template, designed for easy posting on job boards or career sites.

Let’s dive in.

Finance and Accounting Technician Duties and Responsibilities

Finance and Accounting Technicians play a crucial role in managing the financial health of a company.

They are involved in the daily recording of financial transactions, preparing financial statements, and ensuring compliance with financial regulations.

Their duties and responsibilities include:

• Recording and processing financial transactions in the company’s ledgers
• Maintaining and updating financial records, including purchases, sales, receipts and payments
• Assisting in the preparation of balance sheets, income statements, and other financial statements according to legal and company accounting and financial guidelines
• Reviewing and verifying the accuracy of financial statements and records
• Conducting periodic audits to ensure compliance with financial regulations and policies
• Assisting in budget preparation and expense management activities for future needs
• Processing tax payments and returns, ensuring compliance with payment, reporting or other tax requirements
• Collaborating with financial auditors to provide necessary information for audit activities
• Developing and managing financial systems and procedures, and maintaining an orderly accounting filing system
• Performing administrative tasks such as data entry, processing and recording transactions, updating the ledger, assisting with payroll administration and responding to vendor, client or lender inquiries

 

Finance and Accounting Technician Job Description Template

Job Brief

We are seeking a meticulous Finance and Accounting Technician to oversee our company’s financial data and compliance by maintaining accurate books on accounts payable and receivable, payroll, and daily financial entries and reconciliations.

Finance and Accounting Technician responsibilities include performing tasks related to financial control, preparing financial reports, assisting in budget preparation, and managing organizational tax payments and returns.

Ideal candidates should possess strong analytical skills, exceptional problem-solving skills, a flair for numbers, be highly organized, and have excellent leadership skills.

 

Responsibilities

• Perform general bookkeeping duties, including posting information to accounting software and regularly reconciling accounts.
• Prepare and record financial statements and other financial reports to track the organization’s assets, liabilities, profit and loss, tax liabilities, and other related financial activities.
• Perform routine calculations to produce analyses and reports as requested by the finance director.
• Assist with budget preparation and financial planning processes.
• Assist with tax audits and tax returns.
• Ensure compliance with organizational policies and regulations.
• Stay updated with industry trends and advancements in technology.

 

Qualifications

• Proven work experience as a Finance and Accounting Technician or similar role.
• Strong working knowledge of all statutory legislation and regulations.
• Excellent knowledge of accounting and financial processes (budgeting, financial closure, reporting etc.)
• Understanding of data analysis and forecasting.
• Proficient in MS Office (especially Excel) and finance software.
• Excellent communication and interpersonal skills.
• Organizational and leadership skills.
• BS/BA in accounting, finance or relevant field is preferred.

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Finance and Accounting Technician
• Work Environment: This job operates in a professional office environment and routinely uses standard office equipment.
• Reporting Structure: Reports to the Finance Director or Accounting Manager.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $45,000 minimum to $90,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Finance and Accounting Technician Do?

A Finance and Accounting Technician typically works in the financial department of various industries, financial institutions, or accounting firms.

They may also work as self-employed individuals or consultants.

Their primary role is to assist with the management of financial records, processing transactions, and generating financial reports.

They are tasked with maintaining accurate books on accounts payable and receivable, payroll, and daily financial entries and reconciliations.

They play a pivotal role in assisting with budget preparation and financial planning processes.

Finance and Accounting Technicians also carry out bank reconciliations, ensuring data accuracy and integrity.

They handle audits, both internal and external, by providing necessary financial information and assisting in the implementation of audit recommendations.

In addition, they are often responsible for computing taxes, preparing tax returns, and ensuring that payments and tax returns are filed in a timely manner.

They may also assist with the management of organizational cash flow and forecasting.

Their job may also involve optimizing financial procedures, identifying and suggesting updates to financial policies, and finding ways to reduce costs and enhance revenue.

 

Finance and Accounting Technician Qualifications and Skills

A proficient Finance and Accounting Technician should possess a range of skills and qualifications that are necessary for managing and maintaining financial records effectively, such as:

• Strong numerical and analytical abilities to manage and interpret a variety of financial data.
• Experience and proficiency in using accounting software and other related financial systems.
• Attention to detail and a high level of accuracy in preparing and entering financial information.
• Excellent organizational skills to manage and prioritize multiple tasks under tight deadlines.
• Strong interpersonal and communication skills to interact effectively with colleagues, management, and clients.
• Understanding of financial regulations and legislation to ensure all accounting activities are compliant.
• Problem-solving skills to identify, analyze, and resolve financial discrepancies and issues.
• Customer service skills to effectively assist clients with inquiries and provide relevant financial advice.

 

Finance and Accounting Technician Experience Requirements

Entry-level Finance and Accounting Technicians may have 1 to 2 years of experience, typically gained through an internship or part-time role in finance or accounting departments.

These professionals can also gain practical experience in roles such as Junior Accountant, Audit Assistant, or other financial roles.

Candidates with more than 3 years of experience often refine their skills and increase their knowledge in roles such as Accountant or Finance Analyst.

They may have had exposure to various financial software, systems, and procedures.

Those with over 5 years of experience are likely to have significant experience in handling complex financial tasks, including preparing and analyzing financial reports, ensuring legal compliance, and participating in financial decision-making processes.

These candidates may also have some leadership experience and are often well-prepared for a supervisory or managerial position.

In addition to these practical experiences, a strong understanding of financial regulations and laws, good mathematical and computer skills, and a keen eye for detail are also vital for this role.

Many employers prefer candidates with a degree in finance, accounting, or a related field.

Professional certifications such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) may also be beneficial.

 

Finance and Accounting Technician Education and Training Requirements

Finance and Accounting Technicians typically require an associate’s or bachelor’s degree in finance, accounting or a closely related field.

They must have a strong understanding of basic accounting principles, financial reporting, and cost accounting.

Knowledge in specific accounting software such as QuickBooks, Microsoft Excel, and other financial management tools is also necessary.

Some positions may demand Finance and Accounting Technicians with a master’s degree in finance, business administration or accounting, especially for roles that require complex financial analysis and decision-making.

In addition, many employers prefer candidates with professional certifications such as Certified Accounting Technician (CAT) or Association of Chartered Certified Accountants (ACCA) qualification.

Pursuing these advanced degrees and certifications not only increases the job prospects of the candidates but also their potential for higher salaries and leadership roles.

On-the-job training is also common in this field to familiarize technicians with the specific financial systems and processes used by their employer.

 

Finance and Accounting Technician Salary Expectations

A Finance and Accounting Technician can expect to earn an average salary of $47,000 (USD) per year.

This can vary widely based on their level of experience, the industry they are employed in, their educational qualifications, and the region in which they work.

 

Finance and Accounting Technician Job Description FAQs

What skills does a Finance and Accounting Technician need?

Finance and Accounting Technicians should have a strong understanding of basic accounting principles and financial operations.

They should be proficient in using accounting software and have excellent numerical skills for handling financial data.

Attention to detail, organizational skills, and the ability to maintain confidentiality are also important.

They should also have strong communication skills to effectively interact with team members and other departments.

 

Do Finance and Accounting Technicians need a degree?

While not always a requirement, many employers prefer Finance and Accounting Technicians to have an associate or bachelor’s degree in finance, accounting, or a related field.

However, relevant experience in accounting or finance roles can also be considered.

Many also require certification from an accredited body such as AAT (Association of Accounting Technicians).

 

What should you look for in a Finance and Accounting Technician resume?

The most important thing to look for in a Finance and Accounting Technician resume is relevant experience in financial operations and accounting functions.

A degree in a relevant field is a plus.

Proficiency in accounting software and other financial systems should also be highlighted.

Certification as an Accounting Technician or similar professional certification can also be a strong indicator of their capabilities.

 

What qualities make a good Finance and Accounting Technician?

A good Finance and Accounting Technician should be detail-oriented and highly organized, as they will often be dealing with complex financial data.

They should be trustworthy and able to maintain confidentiality, as they will often handle sensitive financial information.

Problem-solving skills are also important, as they may need to resolve discrepancies in financial records.

 

Is it difficult to hire Finance and Accounting Technicians?

The difficulty in hiring Finance and Accounting Technicians can depend on the specific requirements of the role and the current job market.

If the role requires specialized skills or experience, it may be more challenging to find qualified candidates.

However, providing competitive salaries, opportunities for professional growth, and a positive work environment can attract potential candidates.

 

Conclusion

So there you have it.

Today, we’ve unravelled the intricacies of what it really means to be a Finance and Accounting Technician.

Surprise, surprise?

It’s not just about crunching numbers.

It’s about shaping the financial backbone of an organisation, one ledger entry at a time.

With our handy Finance and Accounting Technician job description template and real-world examples, you’re well equipped to make your next move.

But why stop there?

Dig deeper with our job description generator. It’s your ultimate tool to creating detailed job listings or refining your resume to an impeccable standard.

Remember:

Every financial record is a part of the bigger picture.

Let’s shape the future of finance. Together.

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