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What does a Finance Administrator earn?
Finance Administrators earn approximately £21,500 per annum in the UK. They provide valuable financial services to clients from a range of backgrounds from sole traders to large corporations. Specialising in areas such as accounts payable/receivable, credit control or payroll, a Finance Administrator can act as a crucial asset for businesses.
How to earn more as a Finance Administrator
To become a finance administrator, you will need a degree to demonstrate your understanding of the fundamental aspects of finance. Alternatively, you can gain the requisite skills by taking a vocational training course or a degree apprenticeship. To earn more as a finance administrator, you can pursue a professional certification or specialise in a specific area such as budgeting, or become a manager in a finance business. You could also opt to become self-employed or set up a financial services company. Highly qualified finance administrators can make over £45,000 a year.
Min: £5,000.00 Max: £45,000.00
Average Finance Administrator Salary in UK : £21,454.55
Read about Finance Administrator salaries, related jobs and salary information across the UK
Finance Administrator Salary data from the ONS
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Median
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Age Group
Recommended Finance Administrator Jobs in UK
Average Salary for Finance Administrator compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Financial Administrator Salary in UK | £15,042.60 |
| Pensions Administrator Salary in UK | £21,010.36 |
| Financial Clerk Salary in UK | £21,669.71 |
| Finance Assistant Salary in UK | £24,662.21 |
| Procurement Clerk Salary in UK | £24,751.72 |
| Cash Allocation Clerk Salary in UK | £25,787.14 |
| Treasury Assistant Salary in UK | £25,816.58 |
| Finance Clerk Salary in UK | £25,816.74 |
| Expense Clerk Salary in UK | £26,131.08 |
| Income Officer Salary in UK | £27,530.15 |
| Pensions and Benefits Administrator Salary in UK | £27,532.22 |
| Pay and Pensions Administrator Salary in UK | £27,711.89 |
| Pension Plans Administrator Salary in UK | £34,297.62 |
Salary by Region
Compare Finance Administrator salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £25,177.03 |
| Wales | £24,850.89 |
| Northern Ireland | £23,474.88 |
| East Midlands | £24,648.97 |
| Eastern | £26,215.16 |
| London | £32,639.59 |
| North East | £24,208.37 |
| North West | £24,960.21 |
| South East | £26,574.15 |
| South West | £25,577.28 |
| West Midlands | £24,808.84 |
| Yorkshire and the Humber | £24,387.61 |
Annual Job Ads by Region
Understanding the Average Finance Administrator Salary in the UK
Are you considering a career as a Finance Administrator in the UK? It's important to have a clear understanding of the average salary for this role. By visiting average Finance salaries, you can gain valuable insights into the typical earnings of professionals in this field. This information can help you make informed decisions about your career path and financial goals.
Salary Expectations for Newly Qualified Finance Administrator
If you're just starting out as a Finance Administrator, you may be curious about the salary expectations for this entry-level position. By exploring the job search section, you can find relevant job listings that provide salary information for newly qualified professionals. This will give you a realistic idea of what you can expect to earn as you begin your career in finance administration.
Salaries for Experienced Finance Administrator
As you gain experience and expertise in the field of finance administration, your earning potential will likely increase. To get an idea of the salaries for experienced Finance Administrators, you can refer to industry reports and job listings. These resources will give you an understanding of the range of salaries available to professionals with a proven track record in this role.
Creating a Finance Administrator CV
A well-crafted CV is essential for securing a job as a Finance Administrator. To ensure your CV stands out from the competition, you can use a CV template specifically designed for this role. This template will guide you in highlighting your relevant skills, qualifications, and experience, increasing your chances of landing your dream job in finance administration.
Career Development Opportunities for Finance Administrator
As a Finance Administrator, there are numerous career development opportunities available to you. By seeking career advice, you can explore different paths within the finance industry and discover how to advance your career. This guidance will help you make informed decisions about further education, certifications, and professional development opportunities that can enhance your skills and increase your earning potential.
Comprehensive Compensation for Finance Administrator
When considering a career as a Finance Administrator, it's important to look beyond just the salary. Comprehensive compensation includes various benefits and perks that can significantly impact your overall financial well-being. These may include bonuses, pension plans, healthcare coverage, and other incentives. By researching comprehensive compensation packages offered by employers, you can make informed decisions about the total value of your employment.
Strategies for Increasing Your Salary as a Finance Administrator
If you're looking to increase your salary as a Finance Administrator, there are several strategies you can employ. By staying up-to-date with industry trends, acquiring additional certifications, and continuously improving your skills, you can position yourself for promotions and salary advancements. Additionally, negotiating your salary during job interviews and performance reviews can also lead to higher earnings. By implementing these strategies, you can maximize your earning potential in the field of finance administration.
Professional Development and Earnings
Investing in your professional development can have a direct impact on your earnings as a Finance Administrator. By attending industry conferences, workshops, and training programs, you can acquire new skills and knowledge that make you a more valuable asset to employers. This increased expertise can lead to higher salaries and better job opportunities. By prioritizing your professional development, you can continuously enhance your earning potential in the finance administration field.
Capitalising on Extra Hours and Duties
As a Finance Administrator, there may be opportunities to take on extra hours or additional duties that can boost your earnings. By demonstrating your willingness to go above and beyond, you can showcase your dedication and commitment to your role. This can lead to increased responsibilities and potentially higher compensation. By capitalizing on these opportunities, you can further enhance your salary as a Finance Administrator.
