View Related Salaries: |
What does a Financial Controller earn?
Financial Controllers generally receive an average of £48,000 per year in the UK. They are responsible for managing a company's financial tasks, such as preparing financial statements, creating budgets and forecasts, and managing cash flow. Financial Controllers require strong technical skills, analytic abilities and strong problem-solving skills. Their role also involves supporting senior management by making informed decisions and assisting with the development of strategic plans.
How to earn more as a Financial Controller
To become a Financial Controller, you will need to demonstrate experience in management, as well as a degree in a relevant field such as business, accounting or finance. To progress further and increase your earning potential, you could look into seeking specialised qualifications such as an MBA and/or CPA. Alternatively, you could also become a Certified Internal Auditor (CIA), or seek a career in a large multinational company as a Senior Financial Controller or a Corporate Finance Manager. The highest-earning Financial Controllers can command salaries in excess of £84,500 a year.
Min: £25,500.00 Max: £84,500.00
Average Financial Controller Salary in UK : £47,983.36
Read about Financial Controller salaries, related jobs and salary information across the UK
Financial Controller Salary data from the ONS
Minimum
Median
Maximum
Age Group
Recommended Financial Controller Jobs in UK
Salary by Region
Compare Financial Controller salaries across different regions
Region | Salary |
---|---|
Scotland | £31,992.31 |
East Midlands | £37,798.48 |
Eastern | £38,898.57 |
London | £45,447.35 |
North West | £38,423.08 |
South East | £37,052.64 |
South West | £34,970.92 |
West Midlands | £34,984.04 |
Yorkshire and the Humber | £36,916.67 |
Annual Job Ads by Region
Understanding the Average Financial Controller Salary in the UK
As a Financial Controller in the UK, it's important to have a clear understanding of the average salary in this field. According to average Finance salaries, the average salary for a Financial Controller in the UK is £48,000 per year. This figure can vary depending on factors such as experience, qualifications, and the size of the company you work for.
Salary Expectations for Newly Qualified Financial Controller
If you're a newly qualified Financial Controller, you may be wondering what salary you can expect. To get an idea of the current market rates, it's recommended to explore the latest job listings on job search websites. These platforms provide valuable insights into the salary ranges offered to newly qualified professionals in this role.
Salaries for Experienced Financial Controller
For experienced Financial Controllers in the UK, the salary potential is even higher. With a proven track record and extensive knowledge in financial management, you can command a higher salary. The salary range for experienced Financial Controllers typically falls between £25,500 and £84,500 per year, depending on various factors such as industry, company size, and location.
Creating a Financial Controller CV
When applying for a Financial Controller position, having a well-crafted CV is crucial. It should highlight your relevant skills, qualifications, and experience in the finance industry. To make the process easier, you can use a professionally designed CV template specifically tailored for Financial Controllers. This will ensure that your CV stands out from the competition and showcases your expertise effectively.
Career Development Opportunities for Financial Controller
As a Financial Controller, there are numerous career development opportunities available to you. Whether you aspire to become a Finance Director, CFO, or pursue a different path within the finance industry, it's important to stay informed about the latest trends and requirements. You can find valuable career advice to help you navigate your career path and make informed decisions about your professional growth.
Comprehensive Compensation for Financial Controller
Being a Financial Controller comes with comprehensive compensation packages that go beyond just the base salary. Additional benefits such as bonuses, profit-sharing, pension schemes, healthcare, and other perks are often included. These additional benefits contribute to the overall compensation package and can significantly enhance your financial well-being.
Strategies for Increasing Your Salary as a Financial Controller
If you're looking to increase your salary as a Financial Controller, there are several strategies you can employ. These include continuously updating your skills and knowledge, taking on additional responsibilities, pursuing professional certifications, and demonstrating your value to the company through measurable results. By consistently striving for excellence and showcasing your expertise, you can position yourself for salary advancements and promotions.
Professional Development and Earnings
Investing in your professional development as a Financial Controller can have a direct impact on your earnings. By attending industry conferences, workshops, and training programs, you can expand your knowledge base and stay up-to-date with the latest financial practices. This continuous learning will not only enhance your skills but also make you a more valuable asset to your organization, potentially leading to higher earnings.
Capitalising on Extra Hours and Duties
As a Financial Controller, there may be times when you're required to work extra hours or take on additional duties. While this can be demanding, it can also present opportunities for increased compensation. Negotiating fair compensation for extra hours worked or additional responsibilities undertaken is essential to ensure that your efforts are recognized and appropriately rewarded.