Accounting Technician (Alternate title: Financial Specialist) (1125CB V1) Competency-Based

Calumet Area Industrial Commission

Registered 2025

Illinois (OA)

Documents

Individual state requirements may vary. Please contact your local apprenticeship office to ensure this version is suitable to your state’s requirements.

Work Process Schedule

Work Process Content

On the Job Training

Anonymous

Skills

Operate computers or computerized equipment.

Operate computers programmed with accounting software to record, store, and analyze information.

Execute sales or other financial transactions.

Prepare and process payroll information.

Verify accuracy of financial or transactional data.

Check figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
Compare computer printouts to manually maintained journals to determine if they match.
Match order forms with invoices, and record the necessary information.

Compile data or documentation.

Compile statistical, financial, accounting, or auditing reports and tables pertaining to such matters as cash receipts, expenditures, accounts payable and receivable, and profits and losses.
Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.
Compile budget data and documents, based on estimated revenues and expenses and previous budgets.

Prepare cash for deposit or disbursement.

Prepare bank deposits by compiling data from cashiers, verifying and balancing receipts, and sending cash, checks, or other forms of payment to banks.

Monitor organizational compliance with regulations.

Collect deposits, payments or fees.

Receive, record, and bank cash, checks, and vouchers.

Operate office equipment.

Operate 10-key calculators, typewriters, and copy machines to perform calculations and produce documents.

Calculate financial data.

Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
Calculate, prepare, and issue bills, invoices, account statements, and other financial statements according to established procedures.
Perform financial calculations, such as amounts due, interest charges, balances, discounts, equity, and principal.
Calculate and prepare checks for utilities, taxes, and other payments.
Compute deductions for income and social security taxes.

Reconcile records of sales or other financial transactions.

Reconcile or note and report discrepancies found in records.
Reconcile records of bank transactions.

Monitor financial information.

Monitor status of loans and accounts to ensure that payments are up to date.

Code data or other information.

Code documents according to company procedures.

Answer telephones to direct calls or provide information.

Perform general office duties, such as filing, answering telephones, and handling routine correspondence.

File documents or records.

Perform general office duties, such as filing, answering telephones, and handling routine correspondence.

Search files, databases or reference materials to obtain needed information.

Access computerized financial information to answer general questions as well as those related to specific accounts.

Convert data among multiple digital or analog formats.

Maintain financial or account records.

Debit, credit, and total accounts on computer spreadsheets and databases, using specialized accounting software.
Classify, record, and summarize numerical and financial data to compile and keep financial records, using journals and ledgers or computers.
Prepare trial balances of books.
Perform personal bookkeeping services.

Prepare documentation for contracts, transactions, or regulatory compliance.

Complete and submit tax forms and returns, workers' compensation forms, pension contribution forms, and other government documents.
Prepare purchase orders and expense reports.

Calculate costs of goods or services.