The average salary for a Financial Accountant is £35,036 per year. People in this job generally don't have more than 20 years' experience. A skill in SAP SAP Financial Accounting and Controlling (SAP FICO) is associated with high pay for this job.

£24,520 - £49,747
£25K
£34K
£50K
MEDIAN: £34,416
10%
50%
90%
£8.73 - £25.91
£8
£15
£26
MEDIAN: £15.00
10%
50%
90%
£0£51K
Salary £24,520 - £49,747
Bonus £0.00 - £5,942
Profit Sharing £0.00 - £4,966
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).
)
£24,674 - £51,758
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 479
Hourly Data £0£25
Hourly Rate £8.73 - £25.91
Overtime £15.00
Annual Data £0£51K
Bonus £0.00 - £5,942
Profit Sharing £0.00 - £4,966
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).
)
£24,674 - £51,758
  • Country: United States
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 15

Job Description for Financial Accountant

Financial accountability is pivotal to maintaining a healthy business, and financial accountants conduct a number of functions to ensure this is possible. They manage payroll, taxes, income, spending, and educating their employer on financial information. Work days for financial accountants can be a bit longer than a standard 9-to-5 job, because of strict deadlines on all projects that financial accountants are given. Generally, financial accountants do not need to work directly with employees; if they discover discrepancies with posted reports, they inform management.

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Financial Accountant Tasks

  • Maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
  • Summarize and prepare financial records and statements for external reporting.
  • Utilize accounting principles to ensure compliance with regulatory reporting requirements.

Common Career Paths for Financial Accountant


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Financial Accountant Job Listings

Pay by Experience Level for Financial Accountant

Pay by Experience for a Financial Accountant has a positive trend. An entry-level Financial Accountant with less than 5 years of experience can expect to earn an average total compensation of ₤31,000 based on 107 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤36,000 based on 93 salaries. An experienced Financial Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤40,000 based on 76 salaries. A Financial Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤40,000 based on 26 salaries.

Pay Difference by Location

National Average: £34,691

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

Financial Accountant Reviews

Q: What is it like working as a Financial Accountant?

Financial Accountant in London:
"Stressful."
Pros: The company culture.
Cons: Chasing deadlines constantly and long working hours.

Financial Accountant in Cardiff:
Pros: Variety of work
Cons: wage

Related Job Salaries

Key Stats for Financial Accountant

Gender

Female
62 %
Male
38 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.
Less than 1 year
1%
1-4 years
37%
5-9 years
27%
10-19 years
25%
20 years or more
10%

Experience Affects Financial Accountant Salaries

▲14%

Late-Career
▲14%

▲4%

National Average
₤35,000

▼11%

Skills That Affect Financial Accountant Salaries

SAP SAP Financial Accounting and Controlling (SAP FICO)
▲23%


Accounting
▲2%


National Average
₤35,000



Month-End Close
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
1%
1-4 years
37%
5-9 years
27%
10-19 years
25%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 44%
dental benefits
Dental: 13%
vision benefits
Vision: 17%
no benefits
None: 49%