Calculating Your Career: How To Grow As An Accounting Technician
March 15th, 2016 / By Eastern College
An Accounting technician is responsible for many of the same tasks as a bookkeeper in terms of looking after daily transactions. In addition, they will adjust the accounts, including items such as loan payment interest. Other duties include recording receipts and payments, processing invoices, and completing tax returns.
Accounting technicians handle daily transactions and adjust accounts, including loan payment interest and other items, similar to bookkeepers.
In order to begin your career, you will require a certificate or diploma for accounting technicians.
Eastern College offers exactly that. During your time in this program, you will receive an education in the core principles surrounding bookkeeping and accounting. You will understand balance sheets and other financial statements that will become essential to your future job. In our accelerated program, you will learn the skills first before practising them with software such as Sage 50 and Sage 300.
Sage 50 and 300 are two products that serve small or medium-sized businesses. Currently, they operate in 24 countries and help six million small or medium-sized businesses succeed. These programs offer solutions for accounting, ERP, HR, payroll, payment, and asset management.
As a result, skills in Sage programming are highly sought after by many employers. In fact, Sage 300 is the most widely used solution for small and medium-sized businesses in Canada.
In short, you will have the training and skills required in order to succeed in the business world after you graduate.
Climbing the Career Ladder
The career path of an accounting technician often varies depending on the experience and desire of the specific person. However, people often proceed to an accountant position, which may lead to any number of specific and senior positions. These positions include, but are not limited to: a Chartered Accountant, Accounting Supervisor, Certified General Accountant, Assistant Controller (Financial), and a Senior Tax Accountant.
As you move up the ladder, your responsibilities will grow. You may find yourself responsible for activities such as supervising staff; preparing tax provision schedules; streamlining procedures; ensuring spending is in line with the company budget; as well as interpreting and communicating financial data to non-financial managers.
There are many opportunities for someone who graduates from an accounting technician program, including self-employment as a freelancer. Additionally, many different medium or large companies in various industries require accounting technicians. You may find yourself in a place you did not expect!
In any case, all of these opportunities begin with an accounting technician program just like the one we offer at Eastern.
Payday
The salary for an accounting technician in Canada varies based on the skills, qualifications, experience in the industry, and location. On average, the salary for an accounting technician ranges from $33,283 to $56,516. Those looking at an hourly wage as an accounting technician can expect to receive something within the range of $14.82 to $26.23 per hour. Overtime pay can reach $38.74 per hour!
The Accounting Technician program at Eastern College spans a total of 37 weeks. If you have a desire to learn about the key areas of accounting and begin your career as an accounting technician, consider Eastern College. For more information, including a program outline, visit Eastern’s Accounting Technician program webpage.
Visit our Accounting & Payroll Administrator program page to learn about accounting and payroll. Check out our Accounting & Payroll (Online) option to gain the flexibility of learning from home at your own pace.