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What does a Finance Director earn?
On average, finance directors earn around £42,858.00 per year in the UK. Finance directors oversee financial operations and implement processes to improve profitability. They supervise accounts staff and set financial goals while ensuring all reporting and procedures are carried out according to regulations.
How to earn more as a Finance Director
To be a finance director, you will need a degree in finance or accounting and then complete further training. To earn more in this career, you could choose to start a private finance practice or move into management accountancy and work as a consultant.
Min: £225.00 Max: £59,071.00
Average Finance Director Salary in UK : £42,858.00
Read about Finance Director salaries, related jobs and salary information across the UK
Finance Director Salary data from the ONS
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Recommended Finance Director Jobs in UK
Salary by Region
Compare Finance Director salaries across different regions
Region | Salary |
---|---|
Scotland | £96,391.51 |
Wales | £81,815.20 |
Northern Ireland | £59,636.82 |
East Midlands | £110,076.35 |
Eastern | £81,091.35 |
London | £68,534.16 |
North East | £67,744.43 |
North West | £77,646.18 |
South East | £81,880.01 |
South West | £76,793.93 |
West Midlands | £85,819.15 |
Yorkshire and the Humber | £72,239.87 |
Annual Job Ads by Region
Understanding the Average Finance Director Salary in the UK
As a Finance Director in the UK, it is important to have a clear understanding of the average salary in this role. The average Finance Director salary in the UK is £42,900 per year. This figure can vary depending on factors such as location, industry, and level of experience. To get a more accurate idea of the salary range for Finance Directors in the UK, you can refer to average Finance salaries.
Salary Expectations for Newly Qualified Finance Director
If you are a newly qualified Finance Director, it is essential to have realistic salary expectations. The starting salary for this role typically ranges from £200 to £59,100 per year. To explore job opportunities and find out more about the salary expectations for newly qualified Finance Directors in the UK, you can visit job search.
Salaries for Experienced Finance Director
Experienced Finance Directors in the UK can expect higher salaries compared to their newly qualified counterparts. With several years of experience, the salary range for experienced Finance Directors can go up to £59,100 per year. To find out more about the salary prospects for experienced Finance Directors in the UK, you can refer to average Finance salaries.
Creating a Finance Director CV
A well-crafted CV is crucial for a successful job application as a Finance Director. To create an impressive CV that highlights your skills and experience in the finance industry, you can use a CV template specifically designed for Finance Directors. This template will guide you in showcasing your qualifications and achievements effectively.
Career Development Opportunities for Finance Director
As a Finance Director, there are various career development opportunities available to enhance your professional growth. To explore these opportunities and gain valuable insights into how to become a Finance Director, you can refer to career advice. This resource will provide you with valuable information on the skills, qualifications, and steps required to advance your career in this field.
Comprehensive Compensation for Finance Director
Being a Finance Director comes with comprehensive compensation packages that go beyond just the basic salary. These packages often include benefits such as bonuses, pension schemes, healthcare, and other perks. To understand the full scope of compensation offered to Finance Directors in the UK, it is advisable to consult with industry experts or refer to relevant resources.
Strategies for Increasing Your Salary as a Finance Director
If you aspire to increase your salary as a Finance Director, there are several strategies you can employ. These include continuously updating your skills and knowledge, taking on additional responsibilities, and demonstrating exceptional performance. By consistently delivering results and showcasing your value to the organization, you can negotiate for higher remuneration.
Professional Development and Earnings
Investing in professional development can significantly impact your earnings as a Finance Director. By pursuing relevant certifications, attending industry conferences, and staying updated with the latest trends, you can enhance your expertise and increase your market value. This, in turn, can lead to higher earning potential and better career opportunities.
Capitalising on Extra Hours and Duties
As a Finance Director, there may be occasions where you are required to work extra hours or take on additional duties. While this may seem demanding, it can also present opportunities for career advancement and increased earnings. By demonstrating your willingness to go the extra mile and taking on challenging tasks, you can showcase your dedication and potentially be rewarded with promotions or higher compensation.