Average Management Accountant salaries in the UK

Management Accountant Salaries by region

  • London: £55,000
  • Manchester: £51,100
  • Edinburgh: £54,200
  • Bristol: £51,800
  • Birmingham: £49,400

Job prospects for Management Accountants

Demand for Management Accountants in the UK is high — a trend which shows no sign of slowing. Because of the important role they play in the formation of commercial business decisions, senior qualified management accountants are often receiving multiple job offers.

Management Accountants can gain better career prospects if they focus on developing the skills needed to evolve in a digital workplace. With more sophisticated technology to both aggregate and visualise high quality data, management accountants who are able to easily adapt to new processes and blend them with existing forecasting and reporting skills are more likely to advance their careers.

Cloud computing tools are rising in popularity and Management Accountants may find that they can drive their professional prospects up by gaining a certification or skills in one of the more widely-used platforms. 

Accountancy professionals aren’t just being sought for permanent roles—they are also beginning to see good demand in the temporary hiring market, with 28% of CFO’s considering hiring temporary accounting staff. The potential to earn more in a temporary, project-based role is good and also provides professionals with the opportunity to gain a better work-life balance.

Management Accountant salary opportunities

A part-qualified Management Accountant can hope to earn an average of £25,000 – £40,000 in the UK. Fully-qualified Management Accountants are able to exponentially increase their earning power and could gain an average salary of £40,000 – £75,000. 

A Management Accountant salary in Scotland is almost level with those in London (which are the highest in the UK at present) due a 4% increase in hiring within this region. 

Bristol has become one of the UK’s top financial centres outside of London and has increased hiring into insurance, legal services and banking sectors. Management Accountants can earn an average of almost £52,000 in this area thanks to this employment boost.  

Salary opportunities can increase for finance professionals with regulatory experience, especially with data protection, MiFID II, IFRS and PSD2. As internal finance processes become automated, Management Accountants will find that their professional value may increase with the investment of IT and tech training.

To access further salary projections and key recruitment trends affecting your sector download the Robert Half Salary Guide below.


2020 Salary Guide

Your definitive guide to remuneration and recruitment trends for the UK

What is a competitive salary in 2020?

At a time when 80% of CFOs feel the current talent dilemma poses a direct threat to business growth, an effective talent strategy couldn’t be more critical. The Robert Half salary guide provides unparalleled insights for business leaders to information their talent strategy in 2020. Explore the average starting salaries, skills and roles in demand, and popular perks and benefits being offered to secure skilled professionals. Download a copy of the Robert Half 2020 Salary Guide now.

money icon
Explore the latest hiring trends

Find out the latest trends in talent management for your business, such as the rising demand for flexibility, purpose and culture so you can attract, hire quickly and keep staff happy.

monitor icon
Benchmark average salaries using percentiles

Check and compare your salary level, or the salary range you offer your employees for more than 270 jobs. Everything you need to inform your hiring budgets or negotiate a competitive salary is at your fingertips.

chart icon
Your comprehensive guide to 2020

We use independent research with 200 CFOs, 100 CIOs, 300 hiring managers and 2,000 professionals from across the UK, combined with our recruitment expertise to accurately depict the landscape for the year ahead. The Robert Half 2020 Salary Guide offers an extensive overview of hiring trends and average salaries across the UK.

Download the Salary Guide

First name field is required.

Last name field is required.

Email field is required.
Please select one option.

Please select the position you're hiring for.

Company field is required.

Work phone field is required.

Postcode field is required.

Please select an option.
Please select a option.
Please select your nearest office.

Job title field is required.

Phone field is required.

Postal code field is required.

Please select an option.
Bitte wählen Sie eine Spezialisierung aus.
Please select your nearest office.

Please read and accept the terms & conditions and the privacy policy before proceeding.