Accounting Technicians and Bookkeepers are essential roles in the financial management of organizations, responsible for maintaining accurate financial records and ensuring compliance with relevant regulations. While their duties may overlap, there are distinctions between the two positions.
Accounting Technicians support accountants and financial professionals by performing a variety of accounting tasks, including:
They often work in both public and private sectors, providing crucial support to ensure the financial health of businesses.
Bookkeepers focus on the day-to-day financial transactions of an organization. Their responsibilities include:
Bookkeepers may work independently or as part of a team within larger organizations.
Both roles typically offer a standard work schedule (Monday to Friday, 9 AM to 5 PM), allowing for a good work-life balance. However, during peak periods such as month-end or year-end reporting, additional hours may be required. Many positions also offer opportunities for part-time or freelance work, providing flexibility for those seeking it.
Both Accounting Technicians and Bookkeepers have opportunities for advancement:
The average salary for an Accounting Technician in India is approximately ₹9,29,470 per year, or ₹447 per hour. They also earn an average bonus of ₹29,743 annually[41].
For Chartered Accountants (CAs), which is a more advanced role:
For Bookkeepers, a related role:
The job outlook for both professions is generally positive:
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[41] https://www.salaryexpert.com/salary/job/accounting-technician/i
India
[42] https://flowace.ai/blog/chartered-accountant-salary-in-india/