jobfacts

Financial accounts managers

SOC 2020 3534

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.

Also calledAccount managerFund managerAudit managerDepartment managerMortgages market managerCustomer relations managerand 55 more titles
Typical full-time pay£49,0002025 Provisional
People in the job140,000across the UK
Demand for workersElevated
New adverts a month2,400↑ 0.8%on last year · 77th of 412

Pay

ONS · ASHE 2025

Half of full-time financial accounts managers earn between £37,400 and £64,200 a year.

What full-time financial accounts managers earn, 2025
£49,000 typical£29,400lowest 10%£37,40025%£68,100top 20%n/ptop 10%
Middle half (£37,400–£64,200)n/p: top 10% not published by ONS
Show as table
Lowest 10% earn less than£29,400
Lowest 20% earn less than£34,700
25%£37,400
Median£49,000
75%£64,200
Top 20% earn more than£68,100
Top 10% earn more thanNot published
Typical pay by regionUK median £49,000
London£61,500
Scotland!£55,200
South East!£48,800
Yorkshire and The Humber!£46,000
South West!£45,400
Wales!£44,400
East of England£43,900
North West!£43,500
East Midlands!£41,400
West Midlands!£39,700
North EastNot published by ONS–
!Small sample: treat with caution
Show as table
UK median, £49,000
London£61,500
Scotland£55,200 (small sample)
South East£48,800 (small sample)
Yorkshire and The Humber£46,000 (small sample)
South West£45,400 (small sample)
Wales£44,400 (small sample)
East of England£43,900
North West£43,500 (small sample)
East Midlands£41,400 (small sample)
West Midlands£39,700 (small sample)
North EastNot published by ONS
Typical pay over 3 years
  • 2023 £42,800
  • 2024 £44,800
  • 2025 Provisional£49,000
↑ 14% since 2023Provisional figures are revised when ONS publishes the next year’s survey.

Jobs and demand

ONS · Textkernel adverts · DfE

About 2,400 jobs for financial accounts managers are advertised each month. The Department for Education rates demand for workers as elevated.

New job adverts a month, Jan 2017 to Aug 2026
New advertsMonth not published by ONS (1 in all)
Show as table
Aug 20262,765
Jul 20262,231
Jun 20262,484
May 20262,330
Apr 20262,139
Mar 2026Not published
Feb 20262,027
Jan 20262,714
Dec 20251,655
Nov 20252,495
Oct 20252,664
Sept 20252,669
Aug 20252,544
Jul 20252,446
Jun 20252,995
May 20252,941
Apr 20252,158
Mar 20252,595
Feb 20252,443
Jan 20252,338
Dec 20241,563
Nov 20242,254
Oct 20242,013
Sept 20242,274
Aug 20242,261
Jul 20242,373
Jun 20242,385
May 20242,650
Apr 20242,938
Mar 20242,224
Feb 20242,539
Jan 20243,261
Dec 20232,692
Nov 20232,938
Oct 20232,883
Sept 20232,551
Aug 20232,915
Jul 20233,353
Jun 20234,348
May 20234,222
Apr 20233,949
Mar 20234,425
Feb 20234,259
Jan 20234,861
Dec 20223,980
Nov 20224,961
Oct 20225,398
Sept 20224,815
Aug 20224,645
Jul 20225,283
Jun 20225,147
May 20225,894
Apr 20224,394
Mar 20225,445
Feb 20225,283
Jan 20225,484
Dec 20214,650
Nov 20214,331
Oct 20214,744
Sept 20214,792
Aug 20215,067
Jul 20214,952
Jun 20214,563
May 20214,631
Apr 20213,866
Mar 20214,902
Feb 20213,262
Jan 20213,339
Dec 20202,564
Nov 20202,881
Oct 20203,184
Sept 20202,553
Aug 20202,194
Jul 20202,283
Jun 20201,969
May 20201,865
Apr 20202,610
Mar 20205,237
Feb 20205,655
Jan 20205,574
Dec 20193,851
Nov 20195,048
Oct 20195,050
Sept 20194,918
Aug 20195,380
Jul 20196,676
Jun 20196,791
May 20196,454
Apr 20194,305
Mar 20195,679
Feb 20195,181
Jan 20195,424
Dec 20183,302
Nov 20185,122
Oct 20184,755
Sept 20184,618
Aug 20184,605
Jul 20184,671
Jun 20185,235
May 20185,410
Apr 20184,879
Mar 20185,106
Feb 20184,881
Jan 20186,255
Dec 20173,814
Nov 20174,843
Oct 20175,247
Sept 20174,888
Aug 20174,891
Jul 20174,798
Jun 20176,077
May 20175,022
Apr 20174,992
Mar 20175,683
Feb 20174,709
Jan 20176,331
Is there a shortage of financial accounts managers?
Elevated

The Department for Education rates demand as not high, elevated or critical, using five indicators. This is its 2025 assessment.

  • Visas grantedAbove usual
  • Online job advertsAbove usual
  • Wage growthAbove usual
  • Pay against similar jobsAbove usual
  • Hours workedUsual
Vacancies hard to fill because of skills
24%against 27% for all jobs
Broader groupFigure for business and public service associate professionals, which includes financial accounts managers. DfE Employer Skills Survey 2024.
Where the most jobs are advertisedadverts a quarter
London1,951
Manchester252
Leeds181
Birmingham175
Glasgow City127
Bristol, City of112
City of Edinburgh97
Liverpool82
Belfast78
Cardiff72
London is published as one area. Averages leave out quarters ONS withheld.
Where financial accounts managers are most concentratedShare of local job adverts, compared with the UK.

Recruitment from abroad. 250 sponsored work visas were granted for this job from July 2025 to June 2026, most to people from India, United States, Japan, ranking it 63rd of 313. Home Office

Who does it

ONS · Annual Population Survey · April 2025 to March 2026
Age of financial accounts managers
n/p
32%
30%
21%
14%!
3%!
!Small sample: treat with cautionn/p: too few in the survey to publish
Show as table
16–24Not published
25–3432%
35–4430%
45–5421%
55–6414% (small sample)
65+3% (small sample)
Highest qualification
Degree or equivalent54%
Higher education below degree!5.7%
A levels or equivalent20%
GCSEs or equivalent15%
Other qualifications!3.6%
No qualifications!1.1%
!Small sample: treat with caution
Show as table
Degree or equivalent54%
Higher education below degree5.7% (small sample)
A levels or equivalent20%
GCSEs or equivalent15%
Other qualifications3.6% (small sample)
No qualifications1.1% (small sample)

Main employers: other monetary intermediation (11%), accounting, bookkeeping and auditing activities; tax consultancy (8.9%), other activities auxiliary to financial services, except insurance and pension funding (7.5%), business and other management consultancy activities (7%).

How to get in

Hold a degree
54%
as their highest qualification
Apprenticeships
1
from level 4
Apprenticeships take
18 months
typically

Apprenticeships

1 for this job
Level 4About 18 months

Investment operations specialist

You gain
CISI Certificate in Investment Operations; CISI Investment Advice Diploma
Leads to
Chartered Institute for Securities and Investment (CISI)
Details on Skills England

© Skills England 2025. This information is licensed under the Open Government Licence https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/

The work

ONS · ESCO · O*NET

Typical tasks

  • 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

Skills

  • allocate bills
  • attach accounting certificates to accounting transactions
  • follow the statutory obligations
  • follow up accounts receivables
  • identify accounting errors
  • issue sales invoices
  • maintain financial records
  • manage the general ledger
  • prepare financial statements
  • prepare trial accounting balances
  • use accounting systems
  • calculate tax
  • handle financial transactions
  • interpret financial statements

Knowledge

  • accounting department processes
  • accounting entries
  • accounting techniques
  • bookkeeping regulations
  • company policies
  • depreciation
  • financial statements
  • tax legislation

Suits people who like

  • Organising and following procedures
  • Leading and persuading

Outlook

DfE · Skills Imperative 2035
Broader groupThese projections are for business and public service associate professionals, a group of 26 jobs that includes financial accounts managers.
Change in jobs, 2020 to 2035↑ 1.2%about 26,000 more jobs
Workers needed by 20351.1 millionincluding people replacing those who retire or leave

Sources

Pay
ONS, Annual Survey of Hours and Earnings, 2025 provisional
People in the job, who does it
ONS, Annual Population Survey, April 2025 to March 2026
Job adverts
ONS, online job adverts (Textkernel), to Aug 2026
Demand, skill shortages
Department for Education and Skills England, Occupations in demand and the Employer Skills Survey
Outlook
The Skills Imperative 2035 (2024), NFER/Nuffield/DfE/IER/CE
Routes in
National Careers Service job profiles
Apprenticeships, qualifications
Skills England occupational maps
Skills, interests
ESCO classification of the European Commission; O*NET data, U.S. Department of Labor (CC BY 4.0, modified)
Visas
Home Office, immigration system statistics

Figures as of 10 October 2026.

Contains public sector information licensed under the Open Government Licence v3.0. Source: Office for National Statistics licensed under the Open Government Licence v3.0. Occupations in demand and the Employer Skills Survey: Department for Education and Skills England. Immigration system statistics: Home Office. Contains public sector information from the National Careers Service licensed under the Open Government Licence v3.0.

© Skills England 2025. This information is licensed under the Open Government Licence https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/

Source: The Skills Imperative 2035 (2024), NFER/Nuffield/DfE/IER/CE.

This service uses the ESCO classification of the European Commission.

This service includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. This service has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications. CC BY 4.0 licence.

jobfacts is independent. It is not part of, affiliated with or endorsed by the Office for National Statistics, the Department for Education, Skills England, the National Careers Service, the Home Office, the European Commission or the U.S. Department of Labor.