A Finance Officer earns an average salary of £22,111 per year. For the first five to ten years in this position, pay increases modestly, but any additional experience does not have a big effect on pay.

£16,674 - £29,373
£17K
£22K
£29K
MEDIAN: £22,305
10%
50%
90%
£7.98 - £15.35
£8
£10
£15
MEDIAN: £10.49
10%
50%
90%
£0£29K
Salary £16,674 - £29,373
Bonus £0.00 - £2,534
Profit Sharing £1,000
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).
)
£16,678 - £29,674
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 535
Hourly Data £0£20
Hourly Rate £7.98 - £15.35
Overtime £0.00 - £20.89
Annual Data £0£29K
Bonus £0.00 - £2,534
Profit Sharing £1,000
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).
)
£16,678 - £29,674
  • Country: United States
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 89

Job Description for Finance Officer

Finance officers are executives who handle financial issues and decisions in a company. They may oversee accounting departments, review reports, and create budgets. Financial officers also may supervise spending, which can include investments and cash management; they may be responsible for preparing financial statements while maintaining compliance with state and federal government regulations. Managing an internal audit and reporting findings, as well as making recommendations based on that audit, is often part of the duties of a finance officer.

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Finance Officer Tasks

  • Coordinate financial record-keeping and oversee the development of yearly budgets.
  • Provide financial guidance and management expertise related to company operations and financial strategy.
  • Supervise investment strategies, direct financial resources, and manage company assets.
  • Ensure that accounting, budget and audit controls and systems are in compliance with State, Federal and local rules and regulations.

Common Career Paths for Finance Officer


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Finance Officer Job Listings

Popular Skills for Finance Officer

Pay by Experience Level for Finance Officer

Pay by Experience for a Finance Officer has a positive trend. An entry-level Finance Officer with less than 5 years of experience can expect to earn an average total compensation of ₤21,000 based on 146 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Finance Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤23,000 based on 87 salaries. An experienced Finance Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤23,000 based on 84 salaries. A Finance Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤23,000 based on 38 salaries.

Pay Difference by Location

National Average: £22,282

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

Finance Officer Reviews

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

Finance Officer in Uxbridge:
"Very good enviroment."
Pros: I get to buy things online, I pay invoices the management are very good I get along with everyone and there is no one over my shoulders, the management leave me to get along with my work.
Cons: Having to do my PADA that is the only thing I do not like about the job.

Finance Officer in scunthorpe:
Pros: Flexible working times.
Cons: Poor salary, boring work.

Related Job Salaries

Key Stats for Finance Officer

Gender

Female
72 %
Male
28 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 24 votes.
Less than 1 year
2%
1-4 years
40%
5-9 years
21%
10-19 years
24%
20 years or more
13%

Experience Affects Finance Officer Salaries

▲4%

▲2%

▲2%

National Average
₤22,000

▼6%

Skills That Affect Finance Officer Salaries

Credit Control
▲7%



National Average
₤22,000


▼2%

Payroll Administration
▼2%

Accounting
▼2%


Account Management
▼3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 24 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

Less than 1 year
2%
1-4 years
40%
5-9 years
21%
10-19 years
24%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 13%
dental benefits
Dental: 6%
vision benefits
Vision: 16%
no benefits
None: 75%