Finance & accounting

Finance officer

Finance officers help to manage the finances of an organisation by keeping track of its income and controlling its spending.

Annual Salary

£18,500 to £40,000

Average UK salary in 2018 was £29,588 (source Office for Statistics)

Working hours

35 to 40

1%
Future employment

There will be 1% fewer Finance officer jobs in 2024.
In your local area

What's it all about?

Your day-to-day duties could include: 

  • recording financial transactions on computer systems
  • producing financial forecasts
  • dealing with payroll, invoices, expenses and VAT
  • carrying out financial audits
  • creating monthly, quarterly and annual budget reports
  • presenting report findings to finance managers

University

Some employers may ask for a relevant degree in a subject like:

  • finance
  • accounting
  • business studies

You'll usually need:

  • 2 to 3 A levels for a degree

College

You may find it useful to do a college course, which could help you get a trainee job with a financial firm. Courses inlcude:

  • Level 2 Certificate in Bookkeeping
  • Level 2 Certificate in Accounting
  • Level 3 Certificate in Financial Studies

Entry requirements for these courses vary.

Apprenticeship

You can get into this job through an assistant accountant advanced apprenticeship. 

You'll usually need:

  • 5 GCSEs at grades 9 to 4 (A* to C), usually including English and maths, for an advanced apprenticeship

£18,500 to £40,000

Starter salary: £18,500 to £21,000

Experienced salary: £22,000 to £28,000

These figures are a guide.

35 to 40

You’ll usually work between 35 and 40 hours a week, Monday to Friday.

You’ll be based in an office and spend a lot of your time working on a computer.

With experience, you could become a senior finance officer or finance manager, or train to become an accountant.

You can find out more about careers in finance from The London Institute of Banking and Finance.

Skills required and how your skills match up

What skills are required?

You'll need:

  • knowledge of economics and accounting
  • business management skills
  • maths knowledge
  • analytical thinking skills
  • financial management skills
  • leadership skills
  • the ability to use your initiative
  • to be thorough and pay attention to detail
  • to be able to carry out basic tasks on a computer or hand-held device
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