£38,000
Avg. Salary

Average additional compensation for this job:

Bonus

£3,401

Profit Sharing

£1,049

Commission

£2,000

The average pay for a Finance Manager is £38,319 per year. Skills that are associated with high pay for this job are Financial Modeling and Budgeting.

£24,619 - £59,970
£25K
£38K
£60K
MEDIAN: £38,000
10%
50%
90%
£9.55 - £25.59
£9
£15
£26
MEDIAN: £14.73
10%
50%
90%
£0£63K
Salary £24,619 - £59,970
Bonus £380 - £9,181
Profit Sharing £0.00 - £6,040
Commission £2,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
£24,607 - £63,813
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 4 Aug 2018
  • Individuals Reporting: 2,295
Hourly Data £0£25
Hourly Rate £9.55 - £25.59
Overtime £0.00 - £25.76
Annual Data £0£63K
Bonus £380 - £9,181
Commission £2,000
Profit Sharing £0.00 - £6,040
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
£24,607 - £63,813
  • Country: United States
  • Currency: GBP
  • Updated: 4 Aug 2018
  • Individuals Reporting: 116

Job Description for Finance Manager

Finance managers develop and monitor departmental budgets. They make relevant financial forecasts for their company. They work with other managers and their staff to establish their company’s future budgets. Their department keeps track of ongoing expenses to make sure that they are not over the budget. They ask relevant managers for clarification when their departmental expenses have surpassed the established budget. They are responsible for accurate and timely reporting of various. They must take ownership of various projects and delegate them to their staff. They follow up with their staff regarding project progress.

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Finance Manager Tasks

  • Prepare informational analyses on current processes, actual performance versus budget and prior year data.
  • Assist Operations team in Monthly Operations Review.
  • Identify areas for cost reductions and operational improvements.
  • Provide analyses to Operations team.

Common Career Paths for Finance Manager


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Finance Manager Job Listings

Popular Skills for Finance Manager

Pay by Experience Level for Finance Manager

Pay by Experience for a Finance Manager has a positive trend. An entry-level Finance Manager with less than 5 years of experience can expect to earn an average total compensation of ₤35,000 based on 408 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤41,000 based on 452 salaries. An experienced Finance Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤41,000 based on 419 salaries. A Finance Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤38,000 based on 177 salaries.

Pay Difference by Location

National Average: £38,391

Larger city markers indicate a job is popular in that location.

Finance Manager Reviews

Q: What is it like working as a Finance Manager?

Finance Manager in Bolton:
"Work flexibility."
Pros: The status, recognition, responsibility and authority to influence decisions.
Cons: Not being involved in decisions.

Finance Manager in Sevenoaks:
"Good atmosphere & near home."
Pros: Great culture and atmosphere at work. Friendly hard-working colleagues. Near to my home.
Cons: I have a person under me who is very limited and difficult to work with. There is however not much chance of his getting moved on. Not really any possibility of flexible working or working from home.

Related Job Salaries

Key Stats for Finance Manager

Gender

Female
61 %
Male
39 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.
Less than 1 year
1%
1-4 years
22%
5-9 years
29%
10-19 years
31%
20 years or more
16%

Experience Affects Finance Manager Salaries

▲8%

▲7%

National Average
₤38,000

▼1%

▼9%

Skills That Affect Finance Manager Salaries

Financial Modeling
▲38%

Budgeting
▲13%



▲9%




Accounting
▲1%

National Average
₤38,000






Bookkeeping
▼33%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
1%
1-4 years
22%
5-9 years
29%
10-19 years
31%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 39%
dental benefits
Dental: 10%
vision benefits
Vision: 13%
no benefits
None: 54%