Tasks
- Ensures compliance with accounting, recording and information storage, retrieval procedures and the statutory regulatory framework.
- Plans, organises, directs and co-ordinates the activities of financial institutions .
- Assesses and advises on factors affecting business performance.
- Determines staffing levels appropriate for accounting activities.
- Plans external and internal audit programmes, arranges for the collection and analysis of accounting, budgetary and related information, and manages the company’s financial systems.
- Participates in the formulation of strategic and long-term business plans, assesses the implications for the organisation financial mechanisms and oversees their implementation.
Typical Education Level
Honours, Bachelor's degree
Will retirement created job openings
In the UK, 24% in this profession are aged 55 or above.* They will likely retire in the next 10 years, creating a demand for new workers
*This is based on national data
£48,150 Average wage
Average annual earnings
The current average wage for financial manager or director is £48,150
11,722 positions
Current Employment
The number of jobs in the career for the current year is 11,722. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.
jobs
Job Postings
Over the past year, jobs have been posted for financial manager or director roles.
How well does it pay?
Normal pay for this occupation is £48,150 per year. That is about £4,013 per month or £24.69 per hour. New workers generally start on £19,454, while highly experienced workers can earn as much as £136,498
Is it growing or declining?
This career has remained the same over the last 2 years, and is expected to remain the same over the next 4 years. Currently, 11,722 people are employed in the region.