£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
| Occupation | Percentage Value |
|---|---|
| (G1) Mathematics | 6 |
| (W2) Design studies | 1 |
| (L3) Sociology | 1 |
| (C1) Biology | 1 |
| (F1) Chemistry | 1 |
| (C8) Psychology | 1 |
| (F8) Physical geographical sciences | 1 |
| (Q3) English studies | 1 |
| (L2) Politics | 2 |
| (R4) Spanish studies | 1 |
| (M1) Law by area | 2 |
| (M2) Law by topic | 1 |
| (F3) Physics | 1 |
| (L1) Economics | 8 |
| (N1) Business studies | 11 |
| (X1) Training teachers | 1 |
| (N4) Accounting | 33 |
| (C6) Sport & exercise science | 1 |
| (N2) Management studies | 4 |
| (V1) History by period | 1 |
| (N3) Finance | 13 |
UK Prospects
10900
Workforce Size
2.85%
Predicted growth 2024 - 2027
3153
Predicted Replacement 2024 - 2027
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