Average Group Accountant Salary

The average Group Accountant salary in UK is £57,999.29
The hourly average pay for a Group Accountant salary in UK is £27.88
The starting salary for a junior Group Accountant in UK is £30,000.00 per year or £14.42 per hour

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What does a Group Accountant earn?

Group Accountants are responsible for managing complex accounting and financial activities across a business. They usually specialise across a range of disciplines, including cost and performance analysis, forecasting and budgeting, preparing financial statements and taxation. On average, Group Accountants can earn around £58,000 per year in the UK. To excel in this role, an individual must possess strong analytical, technical and commercial skills, as well as the ability to effectively manage multiple responsibilities.

How to earn more as a Group Accountant

To become a Group Accountant, you will require a degree in accountancy, business management, or finance. Alternatively, you can opt for a degree apprenticeship. To increase your earnings as a Group Accountant, you can specialise in a certain area, such as risk management or taxation. Alternatively, you could take on a higher-level role within a finance business, become self-employed, or even establish your own accounting firm. Group Accountants with the most experience can make well over £96,000 a year.

Average Salary: £57,999.29

Min: £30,000.00 Max: £96,000.00

Average Group Accountant Salary in UK : £57,999.29


Read about Group Accountant salaries, related jobs and salary information across the UK

Group Accountant Salary data from the ONS

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Salary by Region

Compare Group Accountant salaries across different regions

Region Salary
Scotland £48,754.89
Wales £43,245.30
Northern Ireland £40,768.47
East Midlands £57,665.59
Eastern £52,975.81
London £67,150.03
North East £46,397.69
North West £49,165.16
South East £56,434.78
South West £53,943.04
West Midlands £43,297.19
Yorkshire and the Humber £42,345.80

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Understanding the Average Group Accountant Salary in the UK

As a Group Accountant in the UK, it is important to have a clear understanding of the average salary in this field. According to average Accounting salaries, the average salary for a Group Accountant in the UK is £58,000 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 Group Accountant

If you are a newly qualified Group Accountant, you may be wondering what salary you can expect. To get an idea of the current salary range, it is recommended to check out the latest job listings on job search websites. These listings will give you an insight into the salary expectations for entry-level positions in this field.

Salaries for Experienced Group Accountant

For experienced Group Accountants in the UK, the salary range can be quite lucrative. With several years of experience under your belt, you can expect to earn a higher salary than your newly qualified counterparts. The salary for an experienced Group Accountant can range from £30,000 to £96,000 per year, depending on your level of expertise and the responsibilities you undertake.

Creating a Group Accountant CV

When applying for a Group Accountant position, it is crucial to have a well-crafted CV that highlights your skills and experience in the field. To help you create an impressive CV, you can use a CV template specifically designed for Group Accountants. This template will guide you in showcasing your qualifications, achievements, and relevant work experience to potential employers.

Career Development Opportunities for Group Accountant

As a Group Accountant, there are various career development opportunities available to you. Whether you want to specialize in a specific industry or move up the corporate ladder, it is important to stay updated with the latest trends and advancements in the field. You can find valuable career advice that will help you navigate your career path and make informed decisions about your professional growth.

Comprehensive Compensation for Group Accountant

Aside from the base salary, Group Accountants in the UK may also receive comprehensive compensation packages. These packages can include benefits such as health insurance, retirement plans, bonuses, and other perks. It is important to consider the overall compensation package when evaluating a job offer, as it can significantly impact your financial well-being.

Strategies for Increasing Your Salary as a Group Accountant

If you are looking to increase your salary as a Group Accountant, there are several strategies you can employ. These include acquiring additional certifications or qualifications, taking on more responsibilities within your role, and demonstrating exceptional performance. By continuously improving your skills and proving your value to the company, you can negotiate for higher salaries and better career opportunities.

Professional Development and Earnings

Investing in your professional development as a Group Accountant can have a direct impact on your earnings. By attending industry conferences, workshops, and training programs, you can enhance your knowledge and skills, making you a more valuable asset to employers. Additionally, staying updated with the latest accounting software and technologies can also contribute to your earning potential.

Capitalising on Extra Hours and Duties

As a Group Accountant, there may be opportunities to earn additional income by taking on extra hours or duties. Some companies offer overtime pay or bonuses for working beyond regular office hours or taking on additional responsibilities. By capitalizing on these opportunities, you can further increase your salary and demonstrate your dedication to your role.

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