Unveiling the Realities of Finance Salaries in the UK (2023)

Understanding the Landscape

In the dynamic realm of finance, the UK stands as a powerhouse with an average salary of £48,597. Delving into the nuances, we uncover a spectrum ranging from the lower echelons at £41,501 to the pinnacles of £58,956. It's not merely numbers; it's the heartbeat of financial careers, shaping aspirations and expectations.

Recent Trends and Opportunities

In the last 24 hours, the job market pulsated with vitality, witnessing the addition of 550 new finance positions. Amidst this plethora, emerges as a key player, showcasing 81 roles surpassing the average salary. A snapshot of this vitality beckons us to explore further.

Featured: Finance Assistant Role

Overview

  • Location: Bilston, West Midlands
  • Salary: £25,000 - £28,000 per annum
  • Type: Permanent, Full-time

Key Responsibilities

  • Conducting credit checks for customers
  • Agreeing payment terms and conditions
  • Managing internal and external debt queries
  • Raising sales invoices
  • Chasing overdue invoices
  • Month-end reconciliations

Required Experience

  • Minimum 3 years in accounts
  • Proficiency in Finance software (SAP, Sage, or Pegasus)
  • AAT Level 4 advantageous
  • GCSE grade B or above in Maths, English, and IT

Package

  • £27,000 PA OTE
  • 32 Days holiday
  • Company pension scheme

Featured: Finance Analyst Role

Overview

  • Location: Newark, Nottinghamshire
  • Salary: £18,000 - £25,000 per annum
  • Type: Permanent, Full-time

Core Responsibilities

  • Analyzing revenue data for profitability insights
  • Managing royalty forecasts and statements
  • Creating and scrutinizing expenditure reports
  • Assisting the Commercial Team in ad hoc analysis

What's in it for you?

  • Annual discretionary bonus
  • Early finish Fridays
  • Company-funded events
  • Discounted gym membership

Featured: Finance Manager Role

Overview

  • Location: Leatherhead, Surrey
  • Salary: £65,000 - £80,000 per annum
  • Type: Contract, Full-time

Key Responsibilities

  • Overseeing financial operations
  • Ensuring accurate financial reporting
  • Managing year-end accounts
  • Providing management accounting support
  • Leading and developing the finance team

Person Specification

  • Professional accounting qualification (ACCA or CIMA)
  • In-depth knowledge of financial regulations
  • Strong analytical and problem-solving skills

Top-paying Locations

West Midlands (Region)

  • Average Salary: £510,000
  • Salary Range: £510,000 - £510,000
  • Jobs: 1

Hertfordshire

  • Average Salary: £213,750
  • Salary Range: £45,000 - £382,500
  • Jobs: 2

Staffordshire

  • Average Salary: £169,000
  • Salary Range: £169,000 - £169,000
  • Jobs: 1

Andover

  • Average Salary: £149,500
  • Salary Range: £149,500 - £149,500
  • Jobs: 1

Bracknell

  • Average Salary: £136,500
  • Salary Range: £136,500 - £136,500
  • Jobs: 1

Bedford

  • Average Salary: £131,250
  • Salary Range: £125,000 - £137,500
  • Jobs: 2

Warwickshire

  • Average Salary: £97,500
  • Salary Range: £97,500 - £97,500
  • Jobs: 3

Gloucestershire

  • Average Salary: £91,000
  • Salary Range: £91,000 - £91,000
  • Jobs: 1

Sutton, Surrey

  • Average Salary: £88,750
  • Salary Range: £47,500 - £130,000
  • Jobs: 2

Cambridge

  • Average Salary: £84,167
  • Salary Range: £67,500 - £117,000
  • Jobs: 3

In conclusion, the finance job landscape in the UK is vibrant, with opportunities spanning from the bustling West Midlands to the serene landscapes of Surrey. Whether you're a Finance Assistant, Analyst, or Manager, the market beckons with a plethora of roles, each offering a unique set of challenges and rewards. Stay tuned to for the latest updates and opportunities that could shape your financial career.

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