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ASHE ASHE 2025 (provisional)

Financial managers vs Accountants Salary Comparison

Financial managers pays more on the published median — £19,798 per year (43% higher than Accountants). national medians, hourly equivalents, and modeled take-home at each median in England, Wales & NI and Scotland.

By Sammy S. · Founder · AuthorUpdated for 2026

Higher national median

Financial managers pays more

£19,798 more per year on the median — about £9.52/hr at full-time hours.

Rank gap

#10 vs #36

26 places apart on hub

Hourly gap at median

£9.52/hr

£31.41 vs £21.89

E/W/NI take-home gap

£12,145

At each ASHE median · England, Wales & NI reference

Industry context

Financial managers (Management, SOC 1131) vs Accountants (Business & finance, SOC 2421). Categories group training and licensing paths — the scoreboard compares published ASHE medians regardless of industry.

Side-by-side salary scoreboard

Take-home ladder at each ASHE median

Take-home for a single taxpayer when gross equals each occupation's published median — E/W/NI gap at median: £12,145.

England, Wales & NI

Financial managers£48,452
Accountants£36,307

Take-home gap £12,145

Scotland

Financial managers£46,596
Accountants£35,793

Take-home gap £10,803

Key takeaways — Financial managers vs Accountants

  • Financial managers pays more on the published median — £65,336 vs £45,538 (£19,798 / year, ~43% higher).
  • Financial managers ranks #10 on our hub; Accountants ranks #36 (#1 = highest ASHE median in this set).
  • That wage gap is £9.52/hr at full-time hours — £31.41/hr vs £21.89/hr.
  • Modeled England, Wales & NI take-home at each median: £48,452 (Financial managers) vs £36,307 (Accountants) — £12,145 apart before Scottish band differences.
  • Scotland's income tax bands shift the net gap: £46,596 vs £35,793 (£10,803 take-home difference). National Insurance remains UK-wide.

Financial managers vs Accountants salary comparison

Students, career changers, and hiring managers often ask whether Financial managers and directors or Chartered and certified accountants pays more on a nationally representative benchmark. This page anchors that question to ONS ASHE 2025 (provisional) full-time employee medians — half earn more, half earn less — then layers 2026 paycheck math so you see take-home, not just gross.

Financial managers and directors leads on gross median by £19,798 per year. That is roughly £9.52 per hour on a standard 2,080-hour schedule — before you factor training time, licensing, or non-wage benefits.

Use the scoreboard for medians and ranks, the nation ladder for take-home in England, Wales & NI and Scotland, then open each occupation profile for ONS source links and calculator deep links.

What the ASHE median includes — and excludes

ONS ASHE medians are full-time employee (PAYE) cash wages for the occupation nationally. They do not add share scheme vests, many bonuses, overtime premiums, or self-employment income.

Financial managers (SOC 1131) and Accountants (SOC 2421) can look closer or farther apart in a specific city than on this national line — especially tech and healthcare roles with London weighting or shift pay.

When an offer exceeds the median, model it in the UK paycheck calculator. When you need city context, pair this page with metro paycheck examples UK or take-home pay by UK nation.

From gross median to take-home

At Financial managers's median (£65,336), modeled effective employee levy rates run 25.8% in England, Wales & NI and 28.7% in Scotland. At Accountants's median (£45,538): 20.3% (E/W/NI) and 21.4% (Scotland).

Scotland sets its own income tax bands via Revenue Scotland; England, Wales and Northern Ireland share HMRC bands. Employee National Insurance is UK-wide in both columns.

These are single-taxpayer vignettes with the personal allowance — not a forecast of your PAYE code or year-end reconciliation.

Beyond the headline median

Education debt, licensing exams, night shifts, Agenda for Change bands, and share refresh cycles can invert a simple median ranking over a full career.

Healthcare pairs often compare years of training (medical specialists vs nurse practitioners). Tech pairs compare share-scheme-heavy total pay against cash-wage medians.

Remember specialist medical practitioner ASHE figures are employee medians — self-employed consultants can differ substantially.

Where these occupations sit on the full hub ladder

Financial managers ranks #10 of 63 tracked occupations; Accountants ranks #36.

The £19,798 gap is 43% relative to Accountants's median — use hourly equivalents when comparing to part-time or contract offers.

Featured corridors on the hub (software vs nursing, solicitors vs accountants) exist because search volume clusters there — your pair may still be valid even when ranks are far apart.

What to do after reading the scoreboard

Open the Financial managers and Accountants profiles for ONS source links, percentile tables when published, and calculator deep links prefilled at each median.

If relocation is involved, stack metro paycheck examples UK and take-home pay by UK nation on top of this occupation comparison — gross median alone does not price rent or commute.

When an offer exceeds either median, model it in the UK paycheck calculator with your tax code and pension contributions.

Concepts to know for this comparison

Short definitions so ASHE medians map to real paycheck math.

National median

Half of full-time PAYE employees in the SOC occupation earn more and half earn less nationwide — the ASHE anchor for apples-to-apples career comparisons.

Hourly equivalent

Annual median ÷ 2,080 — useful for comparing salaried roles to hourly or part-time offers on the same clock.

Take-home at median

Our paycheck model applied to the ASHE gross median in a reference nation — income tax and employee National Insurance (Scotland uses Scottish income tax bands).

Rank on this hub

Sorted by national median within our curated occupation set — not ONS employment counts or growth projections.

Myths vs facts — Financial managers vs Accountants

Higher median guarantees higher lifetime wealth.

Career length, unemployment risk, student debt, and pensions matter. A lower-median teaching row can still win on TPS pension or term-time patterns absent from ASHE.

Take-home at median equals your offer net pay.

Tax code, pension, student loan, and nation change the result. These columns standardize gross at the ASHE median for comparison only.

Two occupations with similar medians feel the same in every city.

London and regional demand shifts offers above or below national medians. Always cross-check city tables when relocation is involved.

Who this Financial managers vs Accountants page helps

Useful if…

  • •Students weighing medical, nursing, tech, or business paths
  • •Career changers comparing published medians before retraining
  • •Recruiters grounding offer bands in ONS ASHE anchors
  • •Parents discussing ROI on professional degrees

Use a fuller model if…

  • •Self-employed consultants — ASHE focuses on PAYE employees
  • •Share-scheme-heavy tech offers — cash medians understate total pay
  • •Shift, overtime, or commission-heavy roles
  • •Visa or licensing constraints that block certain occupations

Common mistakes reading this pair

  • Treating ASHE medians as entry-level or senior offers without reading percentiles
  • Ignoring licensing and training time when comparing medical specialists to nurse practitioners
  • Assuming RUK take-home applies after a move to Scotland
  • Comparing total pay (base + bonus + shares) to cash-wage medians without adjustment

Financial managers vs Accountants checklist

Before treating the wage gap as a career decision.

  1. 1Confirm the SOC title matches your target role (software developers vs IT project managers, etc.)
  2. 2Check metro paycheck examples UK when the job lists a city
  3. 3Model your exact gross in the UK paycheck calculator
  4. 4Add student debt and training years to the decision — not just year-one median
  5. 5Compare Scotland vs England, Wales & NI take-home if relocation changes both pay and tax

Financial managers vs Accountants salary FAQs

Financial managers pays more on the published median — £65,336 vs £45,538 (£19,798 / year, about 43% higher).

Financial managers: £31.41/hr (£65,336 ÷ 2,080 full-time hours). Accountants: £21.89/hr.

At each occupation's national median, modeled take-home for a single taxpayer in England, Wales & NI is £48,452 (Financial managers) vs £36,307 (Accountants). In Scotland: £46,596 vs £35,793.

No. ONS ASHE medians are full-time employee cash-wage anchors for PAYE employees. Bonuses, share schemes, overtime premiums, and self-employed income sit outside this table. Use our UK paycheck calculator to model your exact offer.

National median annual gross pay from ONS Annual Survey of Hours and Earnings (ASHE) 2025 provisional, full-time employees, SOC 1131 and 2421. Take-home columns use our 2026 UK paycheck model at each median.

Financial managers ranks higher (#10 vs #36) with a £19,798 higher ASHE median.

Yes — Highest paying jobs US uses BLS OEWS medians, Highest paying jobs Canada uses Job Bank / StatCan medians, Highest paying jobs Australia uses ABS EEH averages, Highest paying jobs New Zealand uses Stats NZ HLFS medians, and Highest paying jobs Ireland uses CSO SES medians with the same ranking, compare, and profile pattern.

Financial managers is classified as Management (rank #10); Accountants as Business & finance (rank #36). Category labels help group training paths — the scoreboard uses ASHE medians regardless of industry.

At each ASHE median, England, Wales & NI take-home differs by £12,145; the Scotland ladder shows £10,803. Scottish bands can shrink or widen a gross gap; National Insurance remains UK-wide.

Compare another pair

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