Accounting Technician Salary by Location and Industry

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Crop unrecognizable accountant counting savings using notebook and calculator
Credit: pexels.com, Crop unrecognizable accountant counting savings using notebook and calculator

In the United States, accounting technicians can expect to earn a median salary of around $40,000 per year, according to the Bureau of Labor Statistics.

The accounting technician salary varies significantly by location, with the highest paying areas being major cities on the East and West Coasts. Cities like New York and San Francisco tend to offer higher salaries due to the higher cost of living.

Industry also plays a significant role in determining accounting technician salaries, with certain sectors offering higher pay than others. For example, accounting technicians working in the finance and insurance industry tend to earn more than those working in non-profit or government sectors.

What Is a Accounting Technician?

An accounting technician is a financial professional who assists accountants and bookkeepers with day-to-day tasks, ensuring accurate and timely financial records.

Accounting technicians typically work in offices, performing tasks such as data entry, reconciliations, and financial statement preparation.

Average Salary and Compensation

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The average total cash compensation for an accounting technician includes base and annual incentives, making it a comprehensive figure to consider when evaluating salary ranges. The highest-paying states for accounting technicians are California, Washington, and Massachusetts.

According to the data, the average accounting technician salary in California is likely higher than the national average, given its ranking as one of the top-paying states. In California, accounting technicians can expect to earn a salary that's above the national average.

Here's a breakdown of the top-paying states for accounting technicians:

Keep in mind that salaries can vary significantly depending on location, with some cities and states offering higher compensation packages than others.

Salary by Location

The salary for accounting technicians can vary greatly depending on the location. In Seattle, WA, the salary for an Accounting Technician II-Bu at the City of Seattle is $58,436.

The Department of Veterans Affairs has several locations with accounting technician positions, including Syracuse, NY, where the salary is $42,022, and Marion, IN, where the salary is $47,124.

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In contrast, the lowest salary for an accounting technician listed is $36,314, found at the City of Farmington in Farmington, NM.

If you're considering a move for a job, you might want to consider cities like San Diego, CA, where the San Diego Community College District has multiple listings for Senior Accounting Technicians with a salary of $51,718.

Here is a list of some of the highest and lowest salaries for accounting technicians by location:

Salary by Industry

The average senior accounting technician salary varies significantly across industries. The pharmaceutical industry takes the top spot with an average salary of $71,887.

The finance industry comes in second with an average salary of $65,437, while the government industry has the lowest average salary at $46,002. This significant difference in salary highlights the importance of considering industry when evaluating accounting technician salary.

Here's a breakdown of the top 7 industries for senior accounting technicians:

Jobs

If you're considering a career in accounting, there are many job opportunities available. The highest paying types of accounting technicians are accounting analyst, account technician, and accounting associate.

Accountant Counting Money
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According to the article, the top companies hiring accounting technicians now include Fluor Corporation, Defense Finance and Accounting Service, and US Air Conditioning Distributors. These companies have a significant number of job openings, with Fluor Corporation having 35 job openings and Defense Finance and Accounting Service having 539 job openings.

Some of the highest paying jobs for accounting technicians include Charge Bookkeeper, with an annual salary of $46,615, and Bookkeeper, with an annual salary of $40,337. These jobs also come with a decent hourly rate, with Charge Bookkeeper averaging $22.41 per hour and Bookkeeper averaging $19.39 per hour.

For senior accounting technicians, the highest paying jobs include accounting manager, accounting supervisor, and accounting consultant. The top companies hiring senior accounting technicians now include AbbVie, Fluor Corporation, and Abbott. These companies have a relatively small number of job openings, but they offer competitive salaries.

The article also highlights the salary ranges for senior accounting technicians, with jobs such as Account Payables Analyst and Accounts Payable Lead averaging $54,356 and $57,175 per year, respectively. These jobs also come with a high hourly rate, with Account Payables Analyst averaging $26.13 per hour and Accounts Payable Lead averaging $27.49 per hour.

Here are some of the top companies hiring accounting technicians and senior accounting technicians, along with the number of job openings:

  • Fluor Corporation Jobs (35)
  • Defense Finance and Accounting Service Jobs (539)
  • US Air Conditioning Distributors Jobs (79)
  • AbbVie Jobs (4)
  • Fluor Corporation Jobs (5)
  • Abbott Jobs (9)
  • Florida Power and Light Jobs (6)

By Industry

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If you're considering a career as a senior accounting technician, it's worth noting that salaries can vary significantly depending on the industry. The pharmaceutical industry offers the highest average salary at $71,887.

The finance industry comes in second, with an average salary of $65,437. This is a substantial amount, and it's no wonder many accounting technicians are drawn to this field.

The government industry, on the other hand, offers the lowest average salary at $46,002. This is a significant difference, and it's worth considering the pros and cons of working in this sector.

Here's a breakdown of the average salaries by industry:

The accounting technician salary has seen a significant increase over the last decade, rising by $7,476 to reach an average of $41,337 annually.

This 10% change in pay is a notable trend in the industry, and it's essential to consider when evaluating job opportunities.

The average senior accounting technician salary has risen by an even more substantial $10,091 over the same period, reaching an average of $55,796 annually.

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While this is a more modest 10% change in pay, it still reflects the growing demand for experienced accounting professionals.

Here's a breakdown of the average accounting technician salary over time in various cities:

Keep in mind that these figures are subject to change and may vary depending on individual circumstances.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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