Job holders in this unit group manage client accounts or departments within financial institutions (such as banks and insurance companies) or manage a variety of financial accounts within other organisations.

Tasks

  • Carries out and/or supervises general accounting and administrative work.
  • Establishes terms of credit and ensures timely payment by customer, renegotiates payment terms and initiates legal action to recover debts if necessary.
  • Checks customers.
  • Manages teams handling insurance claims.
  • Takes responsibility for the efficient and effective operation of several business accounts.
  • Develops and manages business accounts to increase sales of financial products.

Typical Education Level

Honours, Bachelor's degree

Will retirement created job openings

In the UK, 13% in this profession are aged 55 or above.* They will likely retire in the next 10 years, creating a demand for new workers

*This is based on national data

£31,595 Average wage

Average annual earnings

The current average wage for financial accounts manager is £31,595

5,158 positions

Current Employment

The number of jobs in the career for the current year is 5,158. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.

jobs

Job Postings

Over the past year, jobs have been posted for financial accounts manager roles.

How well does it pay?

Normal pay for this occupation is £31,595 per year. That is about £2,633 per month or £16.20 per hour. New workers generally start on £13,641, while highly experienced workers can earn as much as £56,457

Is it growing or declining?

This career has remained the same over the last 2 years, and is expected to remain the same over the next 4 years. Currently, 5,158 people are employed in the region.

Apply or find out more

Marketing Permissions

Once we have your booking we would love to keep you informed of other, similar events you may be interested in. You can unsubscribe at any time. Your personal information will be processed in line with our privacy notice available on our policy page. Is this ok (please tick)?

Email
WhatsApp

By submitting this form you are consenting to Weston College recording and processing the personal information on this form, for any purposes of the college associated with the provision of advice and guidance to potential students on the range of courses available to them, college facilities and any other associated information. In accordance with the Data Protection Act 2018, the information will only be used for the above mentioned purposes.

You will need to complete a full enrolment form prior to starting your course.

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.