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Financial Accounts Managers

Financial accounts managers manage client accounts or departments within financial institutions (such as banks and insurance companies) or manage a variety of financial accounts within other organisations.

Wages

New workers
AVERAGE
Experienced
£25,341
£45,906
£92,116

New workers start around £25,341. Normal pay is £45,906 per year.
Highly experienced workers can earn up to £92,116.

Available jobs

In the past year there were 182,502 vacancies for this type of job

5.43%

Projected job growth over the next 8 years

Related courses

People work towards these careers by taking these courses at college and uni.

What they do most days?

  • 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’ credit rating with banks and credit reference agencies, and decides whether to offer credit.

  • 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.

Hard Skills

Hard skills are specific, learnable, measurable, often industry or occupation-specific abilities related to a position.

Skills are ranked based on the number of job adverts that list them as required skills.

  • Finance

  • Accounting

  • Financial Statements

  • Auditing

  • Account Management

  • Key Performance Indicators (KPIs)

  • Customer Relationship Management

  • Marketing

  • Financial Management

  • Invoicing

Soft Skills

Soft skills can be self-taught and usually do not necessitate a certain completed level of education.

Skills are ranked based on the number of job adverts that list them as required skills.

  • Management

  • Communication

  • Sales

  • Forecasting

  • Budgeting

  • Leadership

  • Operations

  • Detail Oriented

  • Customer Service

  • Planning

How do I get a job like this?

People in these types of job started their career paths after studying courses like the ones below.

Routes to this career

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