Occupation | Weston College

Financial manager or director

Financial managers and directors plan, organise, direct and co-ordinate financial information and advise on company financial policy.

Tasks

  • 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

Level 4-6

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

£45,533

Average annual earnings

The current average wage for financial manager or director is £45,533

6,103 positions

Current Employment

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.

8 jobs

Job Postings

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.

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