Financial and accounting technicians

Average National Salaries (2020)

What does this career do?

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

Typical 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.

Current entry requirements

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.

Percentage in work

• Employed

• Unemployed

Due to insufficient sample sizes, some data was excised.

Predicted employment status in 2022

• Full-time

• Part-time

• Self Employed

Predicted employment levels in the East Midlands

Career related courses available at West Notts

• AAT Certificate in Accounting (Blended Learning) - Level 2
• AAT Diploma in Accounting (Blended Learning) - Level 3
• AAT Professional Diploma in Accounting - Level 4
• AAT Drafting and Interpreting Financial Statements - Level 4
• AAT Personal Tax - Level 4
• AAT Applied Management Accounting - Level 4
• AAT Internal Accounting Systems and Controls - Level 4
• AAT Assistant Accountant - Advanced Apprenticeship - Level 3
• AAT Professional Accounting Technician - Higher Apprenticeship - Level 4
• Maths A Level - Level 3

About the statistics

Data is powered by LMI for All and is sourced from labour market statistics from the Office for National Statistics (ONS), the Institute for Employment Research, the Department for Works and Pensions, and the UK Commission for Employment and Skills.