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Financial And Accounting Technician

Financial and accounting technician - overview

In your role as a financial and accounting technician, you'll carry out regular accounting and business processes for your employer such as invoicing, budgeting, tax calculations and bookkeeping. Read on to find out more about working in this field and what you need to do to find your first role.

Learn what the role involves below.

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What does a financial and accounting technician do?

Your role as a financial and accounting technician could involve working in different environments and organisations. You might be part of a highly-skilled team for a financial institution or government body, or you might handle the daily finances of a smaller organisation yourself. You might find yourself in public, private or non-profit roles across your career.

Working closely with accountants, managers or other finance technicians, you'll typically be responsible for managing daily accounting and finance activities. This might be the management of financial data, processing invoices and payments, managing payroll and expenses, or assisting accountants and preparing reports.

What will your days involve?

Daily tasks will vary but could involve:

  • Processing and paying invoices
  • Recording payments and receipts
  • Preparing monthly balances and accounts
  • Managing tax and VAT returns
  • Managing company expenses
  • Assisting accountants
  • Updating databases

FAQs

How much can you earn as a financial and accounting technician?

The average salary for a financial and accounting technician in the UK is £45,760.

Does a financial and accounting technician role involve travel in the UK or overseas?

Travel is rare as a financial and accounting technician unless you're involved in auditing for other companies. You may also travel more if you're self-employed.

Can you work from home as a financial and accounting technician?

Working from home is possible within this role but it depends on the company's work-from-home policy.

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