The average salary for a Management Accountant in United Kingdom is £32,957.
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What Do Management Accountants Do?
Management accounting is a specific piece of the accounting world that focuses on delivering financial information in a way that helps the managerial staff of a company make decisions. A management accountant must not only be an expert in accounting, but they also must be able to present the data in a practical way that addresses management's challenges.
A management accountant should have an excellent understanding of the functions and operations of management and leadership, so they underst…Read more
Popular Employer Salaries for Management Accountant
The top respondents for the job title Management Accountant are from the companies The National Health Service (NHS), Bouygues UK and ITV. Reported salaries are highest at Bouygues UK where the average pay is £35,234. Other companies that offer high salaries for this role include ITV, earning around £30,588. The National Health Service (NHS) pays the lowest at around £25,215. Travis Perkins PLC also pays on the lower end of the scale, paying £29,367.
Management Accountant Job Listings
What Are Popular Skills for Management Accountants?
Skills in Financial Analysis and Budgeting are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel, Financial Reporting and Month-End Close.
What is the Pay by Experience Level for Management Accountants?
An entry-level Management Accountant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £26,844 based on 19 salaries. An early career Management Accountant with 1-4 years of experience earns an average total compensation of £30,657 based on 703 salaries. A mid-career Management Accountant with 5-9 years of experience earns an average total compensation of £34,309 based on 511 salaries. An experienced Management Accountant with 10-19 years of experience earns an average total compensation of £35,666 based on 346 salaries. In their late career (20 years and higher), employees earn an average total compensation of £35,985.
Pay Difference by Location
Employees with Management Accountant in their job title in London, England earn an average of 14.6% more than the national average. These job titles also find higher than average salaries in London, England: London (10.1% more) and Oxford, England: Oxfordshire (3.9% more). The lowest salaries can be found in Bristol, England: Bristol (14.3% less), Manchester, England: Manchester (1.7% less) and Leeds, England: Leeds (1.6% less).
Years of Experience
This data is based on 1,728 survey responses.