Average Financial Accounting Manager Salary

The average Financial Accounting Manager salary in UK is £52,692.30
The hourly average pay for a Financial Accounting Manager salary in UK is £25.33
The starting salary for a junior Financial Accounting Manager in UK is £34,000.00 per year or £16.35 per hour

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What does a Financial Accounting Manager earn?

Financial Accounting Managers in the UK typically earn around £52,700 each year. They typically provide guidance and oversight to the accounting teams assigned to the clients, from individual taxpayers to large-scale businesses. These professionals are often specialised in areas such as taxation, compliance and auditing, ensuring that the financial records of the clients in their charge are accurate, up to date and in full compliance with legal and regulatory requirements.

How to earn more as a Financial Accounting Manager

If you want to become a Financial Accounting Manager, you'll need to have a good understanding of financial management and accounting practice and principles. You'll also need a degree in economics, finance, accounting, business, or a related field. After that, you can pursue professional qualifications to advance your career. To earn more money, you could move into a specialist section of accounting or become a senior manager in the finance sector. Alternatively, you could become self-employed or launch your own accounting business. Financial Accounting Managers earn salaries of more than £80,000 per year.

Min: £34,000.00 Max: £80,000.00

Average Financial Accounting Manager Salary in UK : £52,692.30


Read about Financial Accounting Manager salaries, related jobs and salary information across the UK

Financial Accounting Manager Salary data from the ONS

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Salary by Region

Compare Financial Accounting Manager salaries across different regions

Region Salary
Scotland £53,181.20
Wales £48,343.18
East Midlands £52,980.57
Eastern £50,657.32
London £63,234.76
North East £53,002.55
North West £46,713.87
South East £50,027.89
South West £47,112.39
West Midlands £60,024.59
Yorkshire and the Humber £52,827.31

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Understanding the Average Financial Accounting Manager Salary in the UK

As a Financial Accounting Manager in the UK, it is important to have a clear understanding of the average salary in this field. According to average Finance salaries, the average salary for a Financial Accounting Manager in the UK is £52,700 per year. This figure can vary depending on factors such as experience, qualifications, and location.

Salary Expectations for Newly Qualified Financial Accounting Manager

If you are a newly qualified Financial Accounting Manager, it is essential to have realistic salary expectations. Entry-level positions in this field typically offer a salary range of £34,000 to £80,000 per year. To explore job opportunities for newly qualified Financial Accounting Managers in the UK, you can visit the job search page.

Salaries for Experienced Financial Accounting Manager

Experienced Financial Accounting Managers in the UK can expect higher salaries compared to their entry-level counterparts. With several years of experience, the salary range for this role can increase to £34,000 to £80,000 per year. This increase in salary is a reflection of the expertise and knowledge gained over time.

Creating a Financial Accounting Manager CV

When applying for a Financial Accounting Manager position, it is crucial to have a well-crafted CV that highlights your skills and experience. To assist you in creating an impressive CV, you can utilize the CV template specifically designed for Financial Accounting Managers. This template will guide you in showcasing your qualifications and achievements effectively.

Career Development Opportunities for Financial Accounting Manager

As a Financial Accounting Manager, there are various career development opportunities available to enhance your professional growth. To explore these opportunities and gain valuable insights, you can refer to the career advice section. This resource provides guidance on how to progress in your career and achieve long-term success as a Financial Accounting Manager.

Comprehensive Compensation for Financial Accounting Manager

Aside from the base salary, Financial Accounting Managers in the UK may receive additional compensation in the form of bonuses, benefits, and incentives. These comprehensive compensation packages can include performance-based bonuses, pension schemes, healthcare benefits, and more. The specific details of these additional benefits can vary depending on the company and industry.

Strategies for Increasing Your Salary as a Financial Accounting Manager

If you aspire to increase your salary as a Financial Accounting Manager, there are several strategies you can employ. These include continuously updating your skills and knowledge, pursuing professional certifications, taking on additional responsibilities, and demonstrating exceptional performance. By consistently striving for excellence, you can position yourself for salary advancements and promotions within your organization.

Professional Development and Earnings

Investing in your professional development as a Financial Accounting Manager can have a direct impact on your earnings. By attending relevant training programs, workshops, and conferences, you can acquire new skills and knowledge that will make you more valuable in the job market. This increased expertise can lead to higher salary offers and better career opportunities.

Capitalising on Extra Hours and Duties

As a Financial Accounting Manager, there may be occasions where you are required to work extra hours or take on additional duties. While this may initially seem demanding, it can also present opportunities for increased earnings. Some companies offer overtime pay or additional compensation for working beyond regular hours. By capitalizing on these opportunities, you can further enhance your salary as a Financial Accounting Manager.

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