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Financial & Accounting Technicians

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

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.

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.


What could I earn?

Salaries for this occupation tend to start at £46,000 per annum and can progress up to £52,000 per annum.

Is it in growth or decline?

There are currently 3,124 employed Financial & Accounting Technicians in the region.

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Coronavirus update

Southwark College is closely monitoring all communications and guidance as it becomes available. This information is for students and staff and reflects updates from the World Health Organisation (WHO) and Public Health England (PHE). We are prepared to escalate our contingency arrangements in the event of change.

The government is monitoring the situation closely and will continue to work with the WHO and international community. For staff and students, it remains business as usual across our sites and our workplaces.

Please note that, at present, this advice refers only to arrivals from Wuhan, and not the remainder of China. If you have returned from Wuhan you should:

General guidance for those planning visits to Wuhan or other destinations in China

The Foreign and Commonwealth Office (FCO) maintains updated travel advice for those planning a trip to Wuhan or other destinations in China. This is available at:

www.gov.uk/foreign-travel-advice/china

Note

This advice is derived from The Department of Health and Social Care will be publishing updated data on a daily basis at 2pm until further notice:

https://www.gov.uk/guidance/wuhan-novel-coronavirus-information-for-the-public#situation-in-the-uk

Supplementary Q&A for individuals wishing to know more around how the UK is managing the risk:

https://publichealthmatters.blog.gov.uk/2020/01/23/wuhan-novel-coronavirus-what-you-need-to-know/

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