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How much does an Accountant make in London, United Kingdom?

Financial Services

The estimated total pay for a Accountant is £49,426 per year in the London, United Kingdom area, with an average salary of £44,887 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is £4,539 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

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Accountant in London, United Kingdom Salaries

Top paying industries.

For an Accountant in London, United Kingdom

The top 2 paying industries for an Accountant in London, United Kingdom are Financial Services with a median total pay of $108,936 and Restaurants & Food Service with a median total pay of $102,348.

3% Higher than other industries

4% Lower than other industries

The top paying company in Financial Services for Accountant is PwC .

Glassdoor Economist Pay Overview

Jobs in finance and accounting are expected to see continued demand, with employment growth linked to the health of the broader economy. These jobs will continue to offer above average pay but usually require higher education or certification to enter the field. While automation will replace many common tasks, it is not expected to reduce the need for these employees; it will instead allow them to focus on core soft skills like advising clients and analyzing trends.

What people are saying about Accountant salaries

accounting jobs in uk salary

Staff Accountant

Are you honestly happy being an accountant?

accounting jobs in uk salary


Assistant Accountant

What’s the appropriate salary range for a staff accountant/ senior staff accountant at a high growth bank? I’ve been working my butt off for the last 1.5 years as an assistant accountant and know I’m getting a promotion but not sure how big my raise will be. We had a senior accountant leave in August and I took a lot of his work. Comp review and bonus is happening this week and I want to be prepared . Would love to hear your thoughts.

accounting jobs in uk salary

Accounting Exit Opportunities

Newly promoted Snr Auditor (~90k) getting leads from recruiters for Internal Audit / GL Accountant / Revenue Specialist / Mgmt Consulting. Compensation appears comparable (~100k) but the consulting position bonus can go upwards of 40% supposedly. Mostly looking to leave for better WLB. Wondering which offers best career advancement and exit opps a couple yrs down the road. Currently mostly remote but these positions would be hybrid (3 days in office). Thanks

Looking to move out of PA to corporate/internal accounting as a newly promoted senior (~90k base). So far, recruiters have reached out with opportunities in Internal Audit, GL Accountant, Revenue specialist, or Mgmt Consulting firm. Comp appears comparable (~100k) except the consulting firm whose bonuses can reach upwards of 40%. Seeking advice on which path sets me up for best comp and career adv. Thanks


Accountant pay FAQ in London, United Kingdom

The average salary for an Accountant is £44,887 per year in London, United Kingdom. Salaries estimates are based on 2257 salaries submitted anonymously to Glassdoor by an Accountant employees in London, United Kingdom.

The highest salary for an Accountant in London, United Kingdom is £77,364 per year.

The lowest salary for an Accountant in London, United Kingdom is £26,043 per year.

If you are thinking of becoming an Accountant or planning the next step in your career, find details about the role, the career path and salary trajectory of an Accountant .

Additional Resources

Chartered accountant

Chartered accountancy offers a prestigious career with lots of opportunity for progression and high earning potential

As a chartered accountant you'll give advice, audit accounts and provide trustworthy information about financial records. This might involve financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery and insolvency, or accounting systems and processes.

Chartered accountants work in a range of organisations, including public practice firms and industry and commerce, as well as in the not-for-profit and public sectors. Working strategically, your aim is to maximise profitability on behalf of your client or employer.


As a chartered accountant, you'll need to:

Careers in banking and capital markets tend to attract the highest salaries and larger employers generally pay more than smaller ones.

Salary packages may include benefits such as bonuses, profit-sharing schemes, medical insurance, pensions and car allowances.

Income data from the Institute of Chartered Accountants in England and Wales (ICAEW) . Figures are intended as a guide only.

Working hours

Working hours vary depending on the role and the organisation, but typically aren't 9am to 5pm. Working extra hours in the evening and at weekends is quite common to meet deadlines, particularly in larger firms. As a trainee, you'll usually be given time off in lieu of any overtime worked.

Flexible working arrangements are usually possible after qualification. You could also work independently by setting up as a sole practitioner.

What to expect


Entry is open to graduates of all disciplines, as companies offering training agreements are interested in graduates from a range of backgrounds. Entry to the profession without a degree or HND might be possible, but graduates will have the competitive edge over other candidates. Candidates with a degree are generally preferred to those with an HND by larger employers.

A Certificate in Finance, Accounting and Business (CFAB) serves as a useful step between a degree and a training contract. Alternatively, some employers train students to do the Association of Accounting Technicians (AAT) accounting qualification, which does not require a degree but can lead on to training for chartered status.

As well as a number of other bodies awarding other accountancy qualifications, there are three separate professional institutes of chartered accountants in the UK:

All chartered accountancy qualifications lead to the designation 'chartered accountant', and each has equal status, attracting equal recognition. Candidates who qualify through ICAS or Chartered Accountants Ireland receive the designation CA (chartered accountant), while those who qualify with ICAEW are designated ACA (associate of the ICAEW).

One of the most difficult parts of becoming a chartered accountant is securing a training contract with an employer approved by one of the institutes. You'll need good mathematical knowledge and ability, as your numeracy skills will be tested as part of the selection process.

The training contract lasts for three to five years, so it's important to consider the package of training, leave and pay offered by your employers before you commit, as managing professional study while working can become demanding.

The independent auditor of government spending, the National Audit Office (NAO), runs a Chartered Accountancy Training Scheme for graduates and school leavers. Applications are accepted in the autumn of the year before you start. Successful completion of the scheme results in chartership and membership of the Institute of Chartered Accountants in England and Wales.

Competition is tough and the selection process is rigorous. It's best to start applying in the autumn term of your final year at university to ensure yourself access to the biggest range of opportunities. Look out for the larger firms doing presentations on campus at recruitment fairs.

You'll need to show:

Work experience

Contact accountancy firms to ask about opportunities to gain relevant pre-entry work experience, such as vacation work, work placements or shadowing.

You can work in any sector and in any size of organisation, although most training opportunities for chartered accountants are in public practice. Before applying to a firm, check that it's authorised by one of the relevant institutes.

Having a range of employers to choose from means you can pick your preferred working environment. Larger firms, where the vacancies are concentrated, have offices in major cities and towns around the country and overseas, whereas smaller firms may be concentrated in a particular location or specialise in a particular type of client.

Employers include:

Look for job vacancies at:

Professional development

There's a strong emphasis on continuing professional development (CPD) in this career. Once you've qualified as a chartered accountant, you'll need to keep up to date with technical and business issues. Your membership with a professional body will help facilitate this.

Your employer will also provide in-house training on technical and general skills to help you perform well in your job and there may be opportunities to specialise in certain areas, specific to the firm you work for.

Kaplan suggests learning a language (as accountants with language skills are in short supply), or doing some work for a charity to enhance your skill set.

Career prospects

The majority of chartered accountants train in public practice and the first three years are typically devoted to achieving the CA or ACA qualification. During this time you will build up experience and take on additional responsibilities, including supervising junior staff and liaising more directly with clients.

It may be possible to complete a secondment, where you'd spend time in another area of the practice to broaden your experience, or even work for a period overseas. You would usually remain with the same employer throughout the training contract.

Progression is often structured and opportunities for development and promotion are plentiful. You may become a manager two years after qualification and a senior manager three years after that. Progress to partnership is competitive but is achievable between eight and 15 years after qualification. In small firms, progression may be more rapid. It's possible to attain the position of finance director of a major company within 10 to 15 years of qualification.

After training, around half of all qualified chartered accountants work outside public practice, in commerce, industry, financial services, banking and the public and not-for-profit sector. Typical roles at the newly qualified stage include internal auditor, financial accountant and business analyst.

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Average Accountant salary in the UK

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ArmstrongKnight are delighted to be recruiting for an accountant to join a very reputable accountancy practise in the Brentwood area. The client prides themselves on being unique compared to their competition as they have heavily invested in their software and new technology. They are looking for an ambitious individual who will enrich their team and play a key part in their growth. The ideal candidate must be either ACCA part-qualified or fully qualified with experience within an accountancy practise. What’s can be offered? Salary up to £50,000 per annum for the right candidateFriendly office environmentPotential move to home working over timeRegular team nights out/team building eventsFull autonomy and a clear personal development plan Duties will include: Administering payrollManaging the accounts teamLooking after a portfolio of clients and producing Accounts/Tax ReturnsDealing with inbound enquiriesPreparation of year end accountsPreparation and submission of VAT returnsDealing with insolvency cases where appropriateCompiling and presenting reports, budgets, and business plansPreparation of management accountsOther ad-hoc duties as required Our client is an exciting fast-growing practice with ambitious owners and management. The practice provides the opportunity for career progression alongside the company growth. They are looking for a reliable individual who can commit the next stage of their accounting career to the company. Person Spec: ACA/ACCA Part or Fully QualifiedStrong experience using Xero - certification preferableExperience using IRISStrong people management skillsFull understanding of the end-to-end accountancy processThe ability to provide tax planningStrong interpersonal skills with the ability to meet clients face to face where required

REED are recruiting an Accountant for a vibrant, diverse and growing group of professional services companies, who offer accounting and tax services. The team have grown and cover three different office sites. They offer a wealth of opportunities for ambitious individuals looking to be a part of a company that supports professional growth and believes in nurturing their people to help them achieve their maximum potential. Accountant Full Time (9am - 5.15pm) - Office Based (potential to work from home after probationary period) Salary: Between £20,000 - £26,000 per year depending on experience - Preparing and submitting statutory accounts and corporation tax returns from a variety of both manual records and software - Reviewing client records - Handling inbound queries from clients, and delivering great client service - Meeting or exceeding all targets and KPIs About you - At least one year's experience within an Accounting firm, or similar - Experience of Microsoft Office programs, Outlook, Xero or Sage - Commercially aware and able to understand the business impact of your role and actions - Self-motivated and proactive with a dedication to giving great client service - A focus on attention to detail and accuracy, confident and willing to learn - Aligned with our core values of putting clients first, thinking big, working as a team and acting with integrity Salary and benefits - 25 days holiday from day 1 (plus the option to buy and sell holiday) - Private medical cover and death in service cover - Duvet days - Company pension scheme - Discounted gym membership - Free lunch Friday once a month - A great social calendar with monthly activities, weekends away, weekly pub trips and parties twice a year - Free Financial advice (pensions, mortgages, investments etc) - Financial study support, plus study days off - A structured development plan with a clear career path within the group Benefits: Additional leaveCasual dressCompany eventsCycle to work schemeDiscounted or free foodGym membershipOn-site parkingPrivate medical insuranceReferral programme

Boutique Consultancy firm based in Vauxhall, who specialise in Welfare Advice and Translation, are seeking an accountant to join their team. Owned by a Portuguese entrepreneur, this company has horizontal consultancies in Portugal, Spain, Luxembourg, Spain, Luxembourg, Australia, Canada and the US Duties will include: Submitting accountsVAT returnsOverseeing bookkeeping and outsourcing The team has two accountants and are support to a wider team who have specialised in helping with translation work with high profile individuals in South America, and are market leaders in this area. This is a great position to join a forward thinking company to undertake a multitude of tasks You will be ACA (part qualified will suffice) qualified or equivalentProven accountancy experienceExperience of Portuguese would be a bonus but not necessary If this position interests you please apply today

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accounting jobs in uk salary

Accountant average salary in United Kingdom, 2023

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Average Accountant Salary in United Kingdom

The average salary for an Accountant is £30,083

Featured Content

What is the pay by experience level for accountants .

An entry-level Accountant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £24,529 based on 71 salaries. An early career Accountant with 1-4 years of experience earns an average total compensation of £26,970 based on 607 salaries. A mid-career …Read more

What Do Accountants Do?

Accountants perform financial calculations for companies in a wide variety of fields. Some common duties include creating sales and cash flow reports, administering payroll, keeping balance sheets, carrying out billing activities, managing budgets and keeping inventory. The accountant may also be responsible for filing taxes for the company, as well as reviewing past reports to generate income forecasts.

Occasionally, internal audits must be carried out to make sure that the various areas of …Read more

Common Health Benefits for a Accountant

Gender breakdown for accountants.


FAQs About Accountants

What is the highest pay for accountants.

Our data indicates that the highest pay for an Accountant is £50k / year

What is the lowest pay for Accountants?

Our data indicates that the lowest pay for an Accountant is £19k / year

How can Accountants increase their salary?

Increasing your pay as an Accountant is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Accountant that oversees more junior Accountants, this experience can increase the likelihood to earn more.

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What is the average salary for Accountant jobs?

The average salary for Accountant jobs is £42,500.

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Accountant Salary in the UK

Accountant - average salary, accountant salary range, accountant - salary differences, accountant - pay by experience level, how work experience affects the salary of an accountant, gender breakdown, accountant - jobs by location, accountant - related salaries.


Frequently asked questions about the salary of the Accountant

Check Average Annual Salaries For Accounting In The UK

Accounting Salaries

Min: £22,000.00 Max: £64,967.00

Average Accounting Salary in UK: £36,132.93

The average Accounting salary is £36,133. Working in Accounting you can earn between £22,000 and £64,967.

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Core responsibilities in Accounting

Core accounting skills, what to expect from a career in accounting.

More than 300,000 professionals work in the UK's accounting field, and the role is essential in firms of all sizes. Taking on the responsibilities of preparing accounts, budgets, and financial information for public and private companies, a career in accounting offers excellent diversity.

There are opportunities to specialise in particular areas such as taxation or forensic, management, corporate, commercial, or international accounting in the accounting role.

The average accounting salary depends on your experience, education, and qualifications. Graduates typically join a company and train straight away to gain further qualifications. An accounting clerk that has gained some experience and further training can expect a salary of £39,400.

Once established in the role, you can develop your career, become a manager or chartered accountant , and earn a salary of around £55,800. Further qualifications and specialisation can earn you significantly more.

Typically working within a firm, your main duties may include preparing accounts and assuring information is accurate and up to date. Your financial acumen will be leveraged to monitor budgets and spending, conduct audits and analysis of financial performance, and ensuring financial records and statements comply with law and regulations.

The company will expect you to be responsible for handling important documents. You may also be called upon to present advice on reducing expenditure and increasing profits.

You should possess excellent numerical skills and have a passion for accuracy and attention to detail. Problem-solving and analytical thinking is a crucial skill, along with being proficient in working with complex data.

Accounting professionals are organised and able to work to strict deadlines. They are effective communicators of complex information, making this understandable to the audience, which could be an internal team, external customer, or board director.

If this sounds like you, then maybe it is time to kick-start a career in accountancy.

Careers typically start at a graduate level, and there are opportunities to develop your career in partnership with an employer through apprenticeship programs. You should expect to work in an office environment with traditional hours, depending on the role, company, and industry.

Flexibility is vital as you may need to work more hours on the run-up to significant dates and deadlines, such as the month-end and end of the financial year. You may work closely with colleagues in a team or on your own in smaller companies.

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Accounting Salaries by Experience

Compare Accounting salaries grouped by experience

Accounting Salaries by Industry

Compare Accounting salaries grouped by industry, UK wide

Accounting Salaries by Region

Compare Accounting salaries across different regions

Accounting Salaries by City

Compare Accounting salaries for different cities

Top Paying Locations for Accounting Jobs in the UK

The average salary for Accounting professionals in the United Kingdom is significantly influenced by location. The general region and area will affect your base salary in Accounting jobs. However, you are not alone if relocating is not something you want to consider, and it doesn't mean that you can't make a higher income.

For example, you could choose to work for an Accounting business that is city-based. While London leads the way, working for employers located in cities such as Birmingham, Manchester, Edinburgh, Reading, Leeds, and Cardiff will help you earn higher wages per year, compared to companies situated in smaller villages and towns.

Accounting Professional Development

The answer to 'how much do Accounting professionals earn?' can only be answered by considering where along the career path the individual and job title sit. The total year's experience in the Accounting sector will change what the employer is prepared to offer. An entry-level Accounting salary will be the lowest, followed by fully qualified workers, senior-level staff, and management.

While you can expect a starting salary for Accounting workers to be at the bottom of the pay scale, graduates with a relevant qualification have a higher worth, commanding a better starting salary. UK training opportunities are plentiful, so even if attaining a university degree is out of the question, increasing your skills through workshops and online courses will help you raise the money you can earn a year in your chosen role.

How much are Accounting professionals paid? Our data and graphs give you guidance on the wage range and earning per annum for junior, intermediate, and senior roles. 

Accounting Work Experience

Gaining Accounting pre-entry work experience can be crucial in helping you secure employment and a decent rate per hour. Work placements, internships, apprenticeships, shadowing, and vacation work can all help you gain the experience you need. If you cannot find work experience in the Accounting industry, you might be able to show potential employers that you have acquired transferable skills elsewhere.

Accounting Working Hours

As with all business sectors, the working hours in Accounting will affect what you earned during the month. Small, medium, and larger firms may pay a higher overtime rate or offer more money if you work unsociable hours, such as evenings, nights, weekends, and national holidays.

Salaries of part-time, full-time, permanent, temporary, and contract staff all differ and will affect your decision on whether you are earning fair compensation.

Accounting Salary Negotiations

Before you enter salary negotiations with employers, hiring managers, or the head of HR, it pays to get prepared. Compare the salaries for the Accounting sector on this page to help determine what you are worth. You can perform a salary search for different job titles and locations.

It is worth remembering that you can profit from more than just financial benefits and performance-related commission. Is a high salary in the UK worth more than the freedom to work from home, have more paid holiday, a gym membership, or have private healthcare benefits?

Accounting Job Search

Are you looking to start your new career today or find a better paying job? Make a job search or set up job alerts and get notified the moment employers list their vacancy.

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Home > Blog > How much does an accountant earn?

How much does an accountant earn?

People standing on piles of coins

There are so many jobs in accountancy that it’s hard to really pin a salary down.

Accountants in the UK earn anywhere between £28,630 to £400,000* a year, depending on qualifications, industry, specialism and company size. But here are a few to give you an idea.

Accounting technician

Whilst studying you could expect to earn between £16,000 and £22,000. Once qualified you could expect to earn £30,000 or more, depending on your experience, industry and responsibilities.

Chartered accountant

At the beginning, salaries are relatively low but quickly rise after about two to four years. At that point, you could expect around £56,000. And then after five years of experience, a Senior Accountant’s average salary is around £90,000.

Financial adviser

At entry-level, a financial adviser could expect between £22,000 and £30,000 a year. And then once qualified up to £45,000. Once promoted to Senior Financial Adviser, the salary could go up to £60,000. Should you become a Wealth Manager, for a private bank or major retailer, you could earn over £100,000.

Investment analyst

Most investment analysts are based in London, where they usually earn between £28,000 and £40,000 a year to start with. During the first three years on the job, Investment Analysts can expect to get a yearly bonus ranging from 10 to 100% of their actual salary.

With five to eight years’ experience, you would expect to earn between £65,000 and £100,000 a year as a Senior Financial Analyst, with a bonus between 40 and 150% of your salary. At Senior level, salaries can reach over £110,000 and typical bonuses are up to 200% of your salary.

Finance trader

At the beginning of your career, you could be earning between £26,000 and £32,000, not including commissions. Experienced traders can earn between £45,000 and £150,000 a year depending on the employer or the type of market you trade on.

If you reach the level of Associate Trader working in a top-tier bank, you could expect around £140,000 and if you specialise in a lucrative niche market, you could make around £230,000 a year.

Chief financial officer

As one of the highest ranking people in a company hierarchy, a chief financial officer can expect a large salary. The average for UK CFOs is around £115,000 to £128,000 in London.

But there are some companies that pay their CFOs a lot more than. For example, when Patrick Pichette was CFO of Google, his salary was over $43,000,000 – that’s roughly £35 million. So really there’s no limit to what you can earn at the very top.

If you’d like a good, solid, reputable job with an accountant’s salary, feel free to check out more information about our AAT and ACCA courses.

*Source for salary info: https://www.superprof.co.uk/blog/salary-accountant/


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