Companies of all types and sizes have accounting needs, meaning that accounting technicians can work in almost any industry, from energy to education.
Accounting technicians are an essential part of any business, preparing financial information that enables business decisions to be made.
Accounting technicians have a broad range of responsibilities. Regardless of the industry or size of the company, however, responsibilities will usually include:
- Assisting with accounts preparation
- Processing invoices
- Recording payments
- Preparing ledger balances
- Submitting tax returns
- Preparing VAT returns and National Insurance contributions;
- Processing company expenses
- Working with payroll software
In a smaller business, an accounting technician may be the only finance professional. On the other hand, large organisations tend to have a whole team of accountants, from junior technicians to senior management accountants.
As an accounting technician, you may even work from within an agency, or as a self-employed bookkeeper. This means that you will offer your services to a range of companies, perhaps specialising in a particular industry.
The amount you earn as a qualified accounting technician will usually depend on your level of qualification. Average incomes range from around £16,000 per annum for those qualified to level 2, to nearly £37,000 for AAT Fellow Members.
Take a more detailed look at accounting technician salaries in our infographic, here.
The Association of Accounting Technicians (AAT) is the professional body for accounting technicians across the globe. With around 125,000 members in more than 90 countries, AAT qualified accounting technicians are highly sought after by a large number of employers. Take a look at our AAT courses.
Many accounting technicians are at the start of their career. While some people remain in an accounting technician role for most of their working life, many move into other areas as they gain further experience and qualifications.
Senior accounting technicians may begin to take on responsibilities like preparing financial reports, planning budgets, and assisting with audits. Lots of AAT qualified accounting technicians move onto qualifications like ACCA or CIMA, depending on their career aspirations.
To find out more about what working as an accounting technician involves, and how to become qualified, get in touch below.