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2016 SALARY AND HIRING TRENDS
FOR ACCOUNTING AND FINANCE PROFESSIONALS
MANCHESTER
Businesses are adding
headcount to their accounting
and finance teams
The stronger labour market is
being driven by increased
confidence among employers
and workers alike
HIRING TRENDS IN ACCOUNTING AND FINANCE
CONFIDENCE IN
MANCHESTER
EXPANDING TEAMS
As a result, 53% of businesses
in Manchester are reliant
on interim professionals
for management or
C-suite roles
PERMANENT STAFF
IN SHORT SUPPLY
RECRUITING FINANCE PROFESSIONALS IS A CHALLENGE
90%
of CFOs are challenged in finding skilled
professionals in Manchester
SPECIALIST PROFESSIONALS ARE HARD TO FIND
LACK OF NICHE,
TECHNICAL TALENT
1
LACK OF COMMERCIAL,
BUSINESS SKILLS
3
GENERAL DEMAND
OUTWEIGHS SUPPLY
2
TOP THREE REASONS FOR THE SKILLS SHORTAGE
FIVE HOT SKILLS AND QUALIFICATIONS FOR 2016
• ACA/ACCA/CIMA with
5–10 years’ post-qualification
experience
• Part-qualified CIMA/ACCA with
management accounting skills
• Technology and software skills
in advanced Excel/SAP/Sage
• Business partnering and
communication skills
• Financial modelling
PERMANENT ROLES IN DEMAND
• CFOs and finance directors with
strategic and commercial skill sets
• Financial controllers/business
partners
• Qualified/part-qualified
management accountants
• Credit controller/purchase ledger,
sales ledger and payroll clerks
TEMPORARY AND INTERIM ROLES IN DEMAND
• Financial transformation/system
improvement experts
• Financial reporting professionals
• Financial planning and analysis
professionals
• Accounts assistants, credit
controllers, and purchase ledger
clerks
SALARIES MANCHESTER
Chief Financial Officer/
Group Finance Director
SME £79,400 - £97,800 £79,700 - £104,500 3.9%
Large £88,000 - £135,900 £88,300 - £140,500 2.2%
Finance Director
SME £57,800 - £95,000 £58,800 - £99,900 3.8%
Large £70,400 - £116,600 £70,800 - £121,000 2.6%
Qualified Management /
Financial Accountant
SME £32,300 - £38,300 £32,700 - £39,700 2.6%
Large £40,900 - £52,700 £41,300 - £55,500 3.5%
Financial Controller
SME £43,900 - £58,800 £45,100 - £60,600 2.9%
Large £53,000 - £61,100 £53,400 - £64,300 3.3%
Financial Business Partner
SME £42,000 - £49,900 £42,000 - £52,500 2.8%
Large £43,900 - £51,800 £43,700 - £55,500 3.6%
JOB TITLE COMPANY SIZE 2015 2016 % CHANGE
SALARIES MANCHESTER (CONTINUED)
83%
of CFOs have offered a higher salary than originally
planned to secure a talented professional
Financial Planning &
Analysis Manager
SME £57,400 - £63,400 £57,800 - £65,700 2.3%
Large £59,000 - £66,000 £59,200 - £69,000 2.6%
Financial Analyst
SME £34,600 - £41,300 £34,800 - £44,100 4.0%
Large £36,200 - £46,200 £36,900 - £48,800 3.9%
Credit Controller
SME £15,600 - £23,900 £16,000 - £24,600 2.9%
Large £18,300 - £26,500 £18,600 - £27,600 3.1%
Payroll Administrator/Clerk
SME £16,700 - £20,700 £17,200 - £21,100 2.5%
Large £18,800 - £23,500 £19,300 - £23,900 2.2%
Purchase/Sales Ledger Clerk
SME £15,300 - £22,800 £15,600 - £23,500 2.4%
Large £19,300 - £25,100 £19,700 - £25,800 2.6%
JOB TITLE COMPANY SIZE 2015 2016 % CHANGE
RETENTION A KEY CONCERN IN MANCHESTER
85%
of CFOs in Manchester are concerned about losing
top financial performers
53%
A RISE IN REMUNERATION
OR BONUSES TO CURRENT
EMPLOYEES
48%
CAREER DEVELOPMENT
OPPORTUNITIES
IN A BID TO KEEP TOP PERFORMERS, BUSINESSES WILL BE OFFERING:
23%
FLEXIBLE WORKING
OPPORTUNITIES
REMUNERATION TRENDS FOR EXISTING STAFF
13% of CFOs
EXPECT TO INCREASE
BONUSES AWARDED
30% of CFOs
PLAN TO INCREASE
SALARIES
DOWNLOAD THE 2016 SALARY GUIDE
For more accounting and
finance salary and hiring trends,
download the full Robert Half
2016 Salary Guide at
roberthalf.co.uk/salary-centre
2016
SALARY GUIDE

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2016 Accounting and finance salaries in Manchester

  • 1. 2016 SALARY AND HIRING TRENDS FOR ACCOUNTING AND FINANCE PROFESSIONALS MANCHESTER
  • 2. Businesses are adding headcount to their accounting and finance teams The stronger labour market is being driven by increased confidence among employers and workers alike HIRING TRENDS IN ACCOUNTING AND FINANCE CONFIDENCE IN MANCHESTER EXPANDING TEAMS As a result, 53% of businesses in Manchester are reliant on interim professionals for management or C-suite roles PERMANENT STAFF IN SHORT SUPPLY
  • 3. RECRUITING FINANCE PROFESSIONALS IS A CHALLENGE 90% of CFOs are challenged in finding skilled professionals in Manchester
  • 4. SPECIALIST PROFESSIONALS ARE HARD TO FIND LACK OF NICHE, TECHNICAL TALENT 1 LACK OF COMMERCIAL, BUSINESS SKILLS 3 GENERAL DEMAND OUTWEIGHS SUPPLY 2 TOP THREE REASONS FOR THE SKILLS SHORTAGE
  • 5. FIVE HOT SKILLS AND QUALIFICATIONS FOR 2016 • ACA/ACCA/CIMA with 5–10 years’ post-qualification experience • Part-qualified CIMA/ACCA with management accounting skills • Technology and software skills in advanced Excel/SAP/Sage • Business partnering and communication skills • Financial modelling
  • 6. PERMANENT ROLES IN DEMAND • CFOs and finance directors with strategic and commercial skill sets • Financial controllers/business partners • Qualified/part-qualified management accountants • Credit controller/purchase ledger, sales ledger and payroll clerks
  • 7. TEMPORARY AND INTERIM ROLES IN DEMAND • Financial transformation/system improvement experts • Financial reporting professionals • Financial planning and analysis professionals • Accounts assistants, credit controllers, and purchase ledger clerks
  • 8. SALARIES MANCHESTER Chief Financial Officer/ Group Finance Director SME £79,400 - £97,800 £79,700 - £104,500 3.9% Large £88,000 - £135,900 £88,300 - £140,500 2.2% Finance Director SME £57,800 - £95,000 £58,800 - £99,900 3.8% Large £70,400 - £116,600 £70,800 - £121,000 2.6% Qualified Management / Financial Accountant SME £32,300 - £38,300 £32,700 - £39,700 2.6% Large £40,900 - £52,700 £41,300 - £55,500 3.5% Financial Controller SME £43,900 - £58,800 £45,100 - £60,600 2.9% Large £53,000 - £61,100 £53,400 - £64,300 3.3% Financial Business Partner SME £42,000 - £49,900 £42,000 - £52,500 2.8% Large £43,900 - £51,800 £43,700 - £55,500 3.6% JOB TITLE COMPANY SIZE 2015 2016 % CHANGE
  • 9. SALARIES MANCHESTER (CONTINUED) 83% of CFOs have offered a higher salary than originally planned to secure a talented professional Financial Planning & Analysis Manager SME £57,400 - £63,400 £57,800 - £65,700 2.3% Large £59,000 - £66,000 £59,200 - £69,000 2.6% Financial Analyst SME £34,600 - £41,300 £34,800 - £44,100 4.0% Large £36,200 - £46,200 £36,900 - £48,800 3.9% Credit Controller SME £15,600 - £23,900 £16,000 - £24,600 2.9% Large £18,300 - £26,500 £18,600 - £27,600 3.1% Payroll Administrator/Clerk SME £16,700 - £20,700 £17,200 - £21,100 2.5% Large £18,800 - £23,500 £19,300 - £23,900 2.2% Purchase/Sales Ledger Clerk SME £15,300 - £22,800 £15,600 - £23,500 2.4% Large £19,300 - £25,100 £19,700 - £25,800 2.6% JOB TITLE COMPANY SIZE 2015 2016 % CHANGE
  • 10. RETENTION A KEY CONCERN IN MANCHESTER 85% of CFOs in Manchester are concerned about losing top financial performers 53% A RISE IN REMUNERATION OR BONUSES TO CURRENT EMPLOYEES 48% CAREER DEVELOPMENT OPPORTUNITIES IN A BID TO KEEP TOP PERFORMERS, BUSINESSES WILL BE OFFERING: 23% FLEXIBLE WORKING OPPORTUNITIES
  • 11. REMUNERATION TRENDS FOR EXISTING STAFF 13% of CFOs EXPECT TO INCREASE BONUSES AWARDED 30% of CFOs PLAN TO INCREASE SALARIES
  • 12. DOWNLOAD THE 2016 SALARY GUIDE For more accounting and finance salary and hiring trends, download the full Robert Half 2016 Salary Guide at roberthalf.co.uk/salary-centre 2016 SALARY GUIDE