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Financial managers and directors
£79,040

Average Annual Pay

Annual Survey of Hours and Earning 2020

38

Average Weekly Hours

Annual Survey of Hours and Earning 2019

1.92%

Unemployment Rate

Labour Force Survey 2020

Future employment projections (Working Futures UK)

Description

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

Qualifications

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.

Typical 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’s financial systems;
  • determines staffing levels appropriate for accounting activities;
  • assesses and advises on factors affecting business performance.

Common job titles

Manager, financial
Director and Secretary
Manager (banking: investment)
Manager, branch (credit company)
ACIS
Officer, operating, chief (financial services)
Manager (money lending)
Manager, treasury
Banker, merchant
Secretary and legal adviser
Director, financial
Chamberlain, burgh
Manager, collateral
Manager, practice, insolvency
Banker, investment
Manager, development, agency
Registrar, company
Banker
Registrar of stocks and bonds
Banker, international
Manager, assessment, credit
Secretary, company
Principal (banking)
Treasurer, company
Manager, systems, financial
Registrar
Manager (accountancy services)
Manager, finance
Secretary of health authority
Manager (financial services)
Manager, purchase, hire
Secretary-director
Secretary-accountant
FCIS
Manager (loan company)
Chamberlain, city
Manager, markets (financial services)
Secretary and company director
Treasurer
Manager, exchange, foreign
Manager (accountancy)
Manager (credit company)
Manager, market, money
Registrar of stock
Manager, branch (financial services)
Director of finance
Director, finance
Manager, operations (financial services)
Secretary of health board
Treasurer, county

Education background

Destination of Leavers survey, supplied by the Higher Education Statistics.

Compare Financial managers and directors with other careers

8/355
Ranked 8th out of 355 careers for highest average pay.

Compare average salaries

142/355
Ranked 142nd out of 355 careers for the longest hours.

Compare average hours

238/355
Ranked 238th out of 355 careers for highest unemployment rate.

Compare average employment

Top industries: Financial managers and directors

Working Futures UK

Employment type

Gender breakdown


£1320

Female average weekly pay

Annual Survey of Hours and Earning 2020

£1630

Male average weekly pay

Annual Survey of Hours and Earning 2020

33/350

Gender pay gap ranking

Annual Survey of Hours and Earning 2020


Compare the Gender Pay Gap for Financial managers and directors with other careers.

Average weekly pay by age and gender: Financial managers and directors

Pay change between years

Hard-to-fill vacancies

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