Financial manager or director
- Participates in the formulation of strategic and long-term business plans, assesses the implications for the organisation financial mechanisms and oversees their implementation.
- Plans external and internal audit programmes, arranges for the collection and analysis of accounting, budgetary and related information, and manages the company.
- Determines staffing levels appropriate for accounting activities.
- Assesses and advises on factors affecting business performance.
Typical Education Level
There are no pre-set entry standards, although entry is most common with a relevant degree or equivalent qualification. Professional qualifications are available and are required for certain posts.
Will retirement created job openings
In the UK, 19% 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
Average annual earnings
The current average wage for financial manager or director is £45,533
The number of jobs in the career for the current year is 6,103. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.
Over the past year, 8 jobs have been posted for financial manager or director roles.
How well does it pay?
Normal pay for this occupation is £45,533 per year. That is about £3,794 per month or £23.35 per hour. New workers generally start on £22,133, while highly experienced workers can earn as much as £94,068
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, 6,103 people are employed in the region.