Each year, JMF Associates deliver a detailed salary guide to our network of employers and candidates. The guide provides a quick view of key salary metrics alongside our interpretation of the market as a whole. A useful reference point for end of year remuneration discussions...

1. JMFASSOCIATES.CO.UK +44 (0)20 8663 6699
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SPECIALIST RECRUITERS
Executive
Finance & Accountancy
Salary Guide 2021
Accountancy & Finance
CENTRAL LONDON, KENT & SURREY

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SALARY GUIDE
Contents
INTRODUCTION 3-4
SALARY RANGES
ACCOUNTANCY AND FINANCE 5
SME
Qualified 6
Part-Qualified & AAT Qualified 7
Qualified by Experience 8
Transactional & Middle Management 9
Transactional & Middle Management (continued) 10
Large Company
Executive Level 11
Qualified 12
Part-Qualified & AAT Qualified 13
Qualified by Experience 14
Transactional & Middle Management 15
Transactional & Middle Management (continued) 16
ABOUT US
Contact us 17

3. INTRODUCTION
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Salary Guide
2021
The New Year has launched unprecedented circumstances for businesses who are not only
adapting to the fallout from Brexit but also the consequences of the ongoing pandemic. Of
course, not all of the fallout is negative: 35% of clients canvassed in the last quarter of 2020
reported a positive impact on business due to the pandemic; Following Brexit, 23% have either
recruited or plan to recruit to accommodate changes in procedure.
Companies have had to adapt quickly by investing in digital and virtual technology. Providing
robust systems and procedures in order to support change. Particularly in the development of
remote home office environments, which have become essential for employees to continue
working and business to thrive.
With so many outside influences, it makes benchmarking salaries challenging. However, it is
important to remember that in times of business uncertainty, Financial Planning, Reporting and
Analysis are even more vital. Candidate confidence is high with the knowledge that they are the
employees who will be called on to sort any financial chaos, caused by recent events.
Our research shows that the majority of salaries will remain unchanged in 2021. Employers
budget focus is on enhanced flexible benefits; particularly those supporting the mental health
and wellbeing of staff who are isolated whilst working remotely.
We have, however, witnessed enhanced salaries for roles still experiencing skill shortages:
including Project Accounting, Analysis, Insolvency, Credit Control / Management and Multi-
Currency Ledger positions.
On the flip side, we can also report a slight reluctance in the market place for day rates in the
£450 to £600 bracket. This is a reflection of projects possibly being shelved and the upcoming
changes in IR35 due in April 2021. Nevertheless, candidates in areas of high demand are still
able to command these daily rates.
Remote working has always been a sought after benefit for a large percentage of employees.
Now that the working at home culture is entrenched in the UK work place; post pandemic
teams will operate very differently. This will allow recruiters to draw on a much larger
geographic pool of talent with location being less significant in decision making.
Recruiters have also had to adapt to how they recruit; with remote interviewing and testing
procedures becoming common place. Businesses are not only looking for the right technical
skills but also striving to identify the soft skills which are essential for an individual to operate
in their home office. Candidates must be able to prove that they have the motivation, integrity
and initiative necessary to perform effectively without direct supervision. Conversely,
employers need to prove that they can support, include, train, track and value their teams.

4. INTRODUCTION
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We hope you will find the salary survey both interesting and beneficial. Of course, should you
have a specific role you would like to discuss with us, then please contact one of our expert
recruiters.
hello@jmfassociates.co.uk
+44 (0)20 8663 6699
www.jmfassociates.co.uk

5. 5
©JENNINGS MORTON FRIEL ASSOCIATES
SALARY RANGES
Accountancy
and Finance
SME Company Salary Ranges P6-10
Large Company Salary Ranges P11 - 16
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6. SALARY RANGES
Accountancy and Finance
SME Company
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Qualified
KENT & SURREY LONDON
FINANCE DIRECTOR £75K - £105K+ £80K - £125K+
FINANCIAL CONTROLLER £55K - £78K £57K - £94K
FINANCIAL ACCOUNTANT £47K - 57K £52K - £68K
COMPANY ACCOUNTANT £52K - £62K £57K - £68K
SENIOR MANAGEMENT ACCOUNTANT £55K - £73K £57K - £75K
MANAGEMENT ACCOUNTANT £47K - £57K £52K - £68K
FP&A £55K - £68K £63K - £82K
FINANCE MANAGER £47K - £62K £52K - £68K
FINANCE BUSINESS PARTNER £55K - £65K £62K - £76K
COMMERCIAL FINANCE MANAGER £52K - £68K £57K - £78K
NEWLY QUALIFIED ACA £44K - £52K £52K - £58K
NEWLY QUALIFIED ACCA £44K - £52K £52K - £58K
NEWLY QUALIFIED CIMA £47K - £52K £49K - £52K
QUALIFIED 1-2 ACA £52K - £58K £54K - £62K
QUALIFIED 1-2 ACCA £52K - £58K £52K - £62K
QUALIFIED 1-2 CIMA £50K - £60K £50K - £60K

7. SALARY RANGES
Accountancy and Finance
SME Company
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Part-Qualified & AAT Qualified
KENT & SURREY LONDON
CIMA FINALIST £39K - £47K £42K - £50K
ACCA FINALIST £37K - £47K £42K - £50K
CIMA PQ (9 TO 11 PAPERS) £33K - £42K £37K - £42K
ACCA PQ (9 TO 11 PAPERS) £33K - £42K £37K - £46K
CIMA INTERMEDIATE (5 TO 8 PAPERS) £27K - £33K £31K - £35K
ACCA INTERMEDIATE (5 TO 8 PAPERS) £27K - £33K £31K - £35K
CIMA FOUNDATION (1 TO 5 PAPERS) £25K - £27K £27K - £31K
ACCA FOUNDATION (1 TO 5 PAPERS) £25K - £27K £27K - £31K
AAT FINANCE MANAGER £36K - £47K £42K - £50K
AAT BOOKKEEPER £31K - £39K £33K - £42K
AAT ASSISTANT ACCOUNTANT £27K - £36K £31K - £38K
AAT ACCOUNTS ASSISTANT £26K - £31K £28K - £34K

8. SALARY RANGES
Accountancy and Finance
SME Company
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Qualified by Experience
KENT & SURREY LONDON
FINANCE DIRECTOR £50K - £65K+ £55K - £75K+
HEAD OF FINANCE £45K - £65K+ £50K - £73K+
COMPANY ACCOUNTANT £42K - £57K £42K - £62K
FINANCIAL CONTROLLER £42K - £57K £47K - £67K+
FINANCE MANAGER £36K - £52K £42K - £57K
MANAGEMENT ACCOUNTANT £36K - £47K £42K - £54K
BOOKKEEPER £30K - £38K £33K - £42K
ASSISTANT ACCOUNTANT £26K - £34K £28K - £36K

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SALARY RANGES
Accountancy and Finance
SME Company
Transactional & Middle Management
KENT & SURREY LONDON
ACCOUNTS PAYABLE MANAGER £36K - £47K £42K - £52K
ACCOUNTS PAYABLE SUPERVISOR £31K - £39K £36K - £44K
ACCOUNTS PAYABLE SENIOR £26K - £31K £31K - £35K
ACCOUNTS PAYABLE CLERK £22K - £27K £25K - £31K
ACCOUNTS RECEIVABLE MANAGER £37K - £44K £42K - £52K
ACCOUNTS RECEIVABLE SUPERVISOR £31K - £39K £36K - £44K
ACCOUNTS RECEIVABLE/BILLINGS SNR £30K - £34K £34K - £36K
ACCOUNTS RECEIVABLE ASSISTANT £22K - £29K £26K - £31K
PAYROLL MANAGER £42K - £57K £47K - £68K
PAYROLL SUPERVISOR £31K - £44K £38K - £47K
PAYROLL SENIOR £27K - £33K £31K - £36K
PAYROLL CLERK £24K - £29K £25K - £30K
Continues on the next page

10. SALARY RANGES
Accountancy and Finance
SME Company
Transactional & Middle Management
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(Continued)
KENT & SURREY LONDON
CREDIT MANAGER £45K - £70K £52K - £82K
CREDIT SUPERVISOR £33K - £39K £38K - £50K
SOLE CHARGE CREDIT CONTROLLER £30K - £38K £32K - £45K
SENIOR CREDIT CONTROLLER £32K - £35K £32K - £39K
TEAM CREDIT CONTROLLER £25K - £30K £27K - £33K
ACCOUNTS ASSISTANT £24K - £29K £26K - £31K
ACCOUNTS JUNIOR/TRAINEE £18K - £20K £19K - £23K
GRADUATE TRAINEE £21K - £25K £22K - £29K

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SALARY RANGES
Accountancy and Finance
Large Company
Executive Level
KENT & SURREY LONDON
CFO/GROUP FINANCE DIRECTOR £95K - £190K+ £125K - £260K+
FINANCE DIRECTOR (BOARD) £83K - £125K+ £95K - £190K+
COMMERCIAL DIRECTOR £75K - £125K £80K - £210K
DIRECTOR OF ACCOUNTING SERVICES £75K - £115K+ £78K - £130K
GROUP FINANCIAL CONTROLLER £75K - £105K+ £95K - £155K+

12. SALARY RANGES
Accountancy and Finance
Large Company
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Qualified
KENT & SURREY LONDON
FINANCIAL CONTROLLER £70K - £94K £73K - £135K
GROUP ACCOUNTANT £62K - £73K £70K - £83K
SENIOR FINANCIAL ACCOUNTANT £57K - £75K £65K - £78K
FINANCIAL ACCOUNTANT £50K - £57K £52K - £68K
GROUP MANAGEMENT ACCOUNTANT £57K - £73K £60K - £94K
MANAGEMENT ACCOUNTANT £47K - £60K £54K - £73K
HEAD OF FP&A £72K - £110K £80K - £135K
FP&A £60K - £78K £63K - £88K
FINANCE MANAGER £50K - £65K £57K - £73K
FINANCE BUSINESS PARTNER £55K - £82K £60K - £98K
NEWLY QUALIFIED ACA £47K - £55K £50K - £60K
NEWLY QUALIFIED ACCA £47K - £52K £47K - £54K
NEWLY QUALIFIED CIMA £47K - £52K £49K - £54K
ACA QUALIFIED, 2 YEARS PQE £50K - £62K £52K - £68K
ACCA QUALIFIED, 2 YEARS PQE £47K - £57K £50K - £62K
CIMA QUALIFIED, 2 YEARS PQE £49K - £57K £52K - £62K

13. SALARY RANGES
Accountancy and Finance
Large Company
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Part-Qualified & AAT Qualified
KENT & SURREY LONDON
CIMA FINALIST £39K - £47K £42K - £50K
ACCA FINALIST £40K - £47K £42K - £50K
CIMA PQ (9 TO 11 PAPERS) £33K - £40K £35K - £45K
ACCA PQ (9 TO 11 PAPERS) £33K - £40K £35K - £45K
CIMA INTERMEDIATE (5 TO 8 PAPERS) £29K - £35K £30K - £37K
ACCA INTERMEDIATE (5 TO 8 PAPERS) £29K - £35K £30K - £37K
CIMA FOUNDATION (1 TO 5 PAPERS) £26K - £31K £27K - £32K
ACCA FOUNDATION (1 TO 5 PAPERS) £26K - £31K £27K - £32K
AAT FINANCE MANAGER £39K - £47K £42K - £50K
AAT BOOKKEEPER £31K - £42K £33K - £42K
AAT ASSISTANT ACCOUNTANT £27K - £36K £29K - £39K
AAT ACCOUNTS ASSISTANT £26K - £33K £28K - £37K

14. SALARY RANGES
Accountancy and Finance
Large Company
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Qualified by Experience
KENT & SURREY LONDON
FINANCE CONTROLLER/MANAGER £45K - £60K £50K - £68K
ACCOUNTANT £45K - £47K £44K - £62K
MANAGEMENT ACCOUNTANT £42K - £47K £42K - £52K
BOOKKEEPER £32K - £39K £36K - £42K
ASSISTANT ACCOUNTANT £30K - £36K £31K - £38K

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SALARY RANGES
Accountancy and Finance
Large Company
Transactional & Middle Management
KENT & SURREY LONDON
ACCOUNTS PAYABLE MANAGER £46K - £56K £52K - £70K+
ACCOUNTS PAYABLE SUPERVISOR £40K - £42K £42K - £46K
ACCOUNTS PAYABLE SENIOR £29K - £34K £32K - £40K
ACCOUNTS PAYABLE CLERK £23K - £30K £27K - £31K
ACCOUNTS RECEIVABLE MANAGER £41K - £54K £50K - £66K+
ACCOUNTS RECEIVABLE SUPERVISOR £36K - £44K £42K - £50K
ACCOUNTS RECEIVABLE/BILLINGS SNR £28K - £35K £33K - £39K
ACCOUNTS RECEIVABLE ASSISTANT £25K - £32K £26K - £35K
PAYROLL MANAGER £42K - £60K £47K - £78K
PAYROLL SUPERVISOR £34K - £47K £38K - £50K
PAYROLL SENIOR £30K - £36K £31K - £39K
PAYROLL CLERK £23K - £31K £25K - £33K
Continues on the next page

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SALARY RANGES
Accountancy and Finance
Large Company
Transactional & Middle Management
(Continued)
KENT & SURREY LONDON
CREDIT MANAGER £50K - £85K+ £55K - £92K+
CREDIT SUPERVISOR £39K - £50K £443K - £53K
SENIOR CREDIT CONTROLLER £33K - £37K £37K - £44K
CREDIT CONTROLLER £26K - £32K £31K - £38K
TREASURY MANAGER £52K - £78K £62K - £94K+
TREASURY QUALIFIED £52K - £68K+ £52K - £78K
TREASURY ANALYST £37K - £52K £42K - £58K
ACCOUNTS ASSISTANT £24K - £30K £27K - £33K
ACCOUNTS JUNIOR/TRAINEE £18K - £23K £20K - £24K
GRADUATE TRAINEE £22K - £27K £23K - £29K

17. CONTACT US
Contact our client and candidate teams for
specialist recruitment advice.
ACCOUNTANCY
& FINANCE
hello@jmfassociates.co.uk
+44 (0)20 8663 6699
www.jmfassociates.co.uk
HEAD OFFICE
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