Financial accounts managers: average salary and pay in the UK
Full-time financial accounts managers in the UK earned a median £48,980 in the year to 5 April 2025, according to the ONS Annual Survey of Hours and Earnings (ASHE): 25% more than the £39,039 median for all full-time jobs.
What the figures show
That ranks 59th of 382 occupations on this measure.
The middle half of full-time jobs paid between £37,405 and £64,171.
The mean, £56,655, is 16% above the median, a sign of a few very high earners.
Median full-time pay: women £44,705 a year, men £53,528 a year.
ASHE counts roughly 143,000 employee jobs, 86% full-time.
From £39,029 in 2021, the median is up 25.5%, close to the 25.0% for all jobs.
The Annual Population Survey counts 140,400 people in this line of work, 25% of them in London.
Pay distribution, 2025 provisional
| Gross pay | Full-time, annual | Full-time, weekly | Full-time, hourly | All, annual | All, weekly | All, hourly |
|---|---|---|---|---|---|---|
| 10th percentile | £29,443 | £595.90 | £15.69 | £22,871 | £482.80 | £15.26 |
| 20th percentile | £34,675 | £689.90 | £18.75 | £30,076 | £606.50 | £17.74 |
| 25th percentile | £37,405 | £724.90 | £19.74 | £33,028 | £654.40 | £19.10 |
| 30th percentile | £39,854 | £766.60 | £20.53 | £35,437 | £699.90 | £20.01 |
| 40th percentile | £43,419 | £827.90 | £22.52 | £40,508 | £775.70 | £21.70 |
| Median (50th percentile) | £48,980 | £913.90 | £24.59 | £45,162 | £850.90 | £23.96 |
| 60th percentile | £54,552 | £1,007.40 | £27.26 | £50,612 | £958.20 | £26.32 |
| 70th percentile | £59,756 | £1,133.40 | £30.63 | £56,910 | £1,060.20 | £29.34 |
| 75th percentile | £64,171 | £1,207.00 | £32.54 | £60,950 | £1,149.20 | £31.40 |
| 80th percentile | £68,135 | £1,284.90 | £35.53 | £66,245 | £1,232.10 | £34.32 |
| 90th percentile | – | £1,542.30* | £42.96* | – | £1,508.80* | £41.44* |
| Mean | £56,655 | £1,038.80 | £28.08 | £52,108 | £958.20 | £27.53 |
Pay since 2021
| ASHE year | Full-time, annual median | Full-time, weekly median | Full-time, hourly median | All, annual median | All, weekly median | Jobs (thousands, indicative) |
|---|---|---|---|---|---|---|
| 2021 revised | £39,029 | £735.60 | £19.57 | £35,000 | £661.20 | 142 |
| 2022 revised | £40,000 | £766.60 | £20.56 | £36,205 | £698.30 | 133 |
| 2023 revised | £42,848 | £825.70 | £22.16 | £39,198 | £749.30 | 140 |
| 2024 revised | £44,802 | £862.40 | £23.05 | £42,734 | £815.00 | 141 |
| 2025 provisional | £48,980 | £913.90 | £24.59 | £45,162 | £850.90 | 143 |
Financial accounts managers by region
UK: 140,400 (± 14,500), April 2025 to March 2026. 7 of the 12 regions and nations have samples too small to publish.
| Region or nation | People in employment | 95% confidence interval |
|---|---|---|
| London | 35,300* | ± 9,700 |
| South East | 17,600* | ± 5,200 |
| East of England | 17,400* | ± 5,700 |
| North West | 13,700* | ± 4,500 |
| South West | 10,800* | ± 3,700 |
Annual Population Survey (Nomis)
What financial accounts managers do
Financial accounts managers manage client accounts or departments within financial institutions (such as banks and insurance companies) or manage a variety of financial accounts within other organisations. (ONS SOC 2020, 3534)
Also covers: accounts manager, audit manager, credit manager, fund manager, mortgage unit manager, relationship manager (bank), account manager, asset manager, business manager, claims manager, client manager, customer manager, department manager, departmental manager, derivatives manager, investment manager, mortgage manager and private banker (44 titles in the ONS coding index).
- Develops and manages business accounts to increase sales of financial products
- Takes responsibility for the efficient and effective operation of several business accounts
- Manages teams handling insurance claims
- Checks customers’ credit rating with banks and credit reference agencies, and decides whether to offer credit
- Establishes terms of credit and ensures timely payment by customer, renegotiates payment terms and initiates legal action to recover debts if necessary
- Carries out and/or supervises general accounting and administrative work
There are no formal academic requirements although professional qualifications in accountancy may be required by some employers. Vocational qualifications in Accounting are available at levels 2, 3 and 4, and apprenticeships are available in some areas.
Related
Finance associate professionals (median £49,715) · Financial and accounting technicians · Insurance underwriters · salary percentile · UK average weekly earnings growth · Mean
ASHE Table 14: 2021 2022 2023 2024 2025 · coding index · notes · 15 October 2026