Salary Trends

Salary Trends

Salaries can vary depending on many factors including the area and what other benefits are on offer.

Companies who offer a competitive salary attract the best candidates and we are often asked about this.

To help our clients and candidates, we have created the following table, which indicates the average salary paid by companies in the North West region.

Job Name

Salary (Min – Max)

Key Skills / Duties

Purchase Ledger Clerk

Other titles:
Accounts Payable Clerk
Bought Ledger Clerk

£20k – £24k

Deals with all incoming invoices.

Other duties:

  • Dealing with a high volume of invoices
  • Receiving calls from suppliers who are chasing payments
  • Reconciling supplier statements and raising queries with suppliers
  • Processing payment run once invoices are authorised. Most companies do a payment run weekly

Skills:

Need to be able to cope with a high volume of work, be accurate and have excellent attention to detail. Often putting suppliers off who are chasing for money. Needs to be able to deal with lots of incoming calls

Sales Ledger Clerk

Other titles:
Accounts Receivable Clerk
Billing Clerk

£20k – £24k

Deals with all outgoing invoices (duties are the same as Purchase Ledger, but invoices are outgoing rather than incoming)

Duties:

  • Processing high volume of invoices and credit notes
  • Allocating payments to the ledger

Skills:

Accuracy ability to deal with volume and be accurate. Correct invoicing ensures a company’s cash flow.

Credit Controller

Other titles:
Collections
Recoveries

£23k – £27k

Deals with the collection of outstanding debt, this person may also do all the sales ledger duties as above. In larger companies there may be separate staff for credit control and sales ledger.

Duties:

  • Issuing statements
  • Chasing overdue invoices by telephone email and letter
  • Resolving queries to ensure payment
  • Dealing with problem accounts and sending out threatening letters
  • If necessary, instigate legal action

Skills:

Communication, tenacity, teamwork, negotiation.

Payroll Administrator

Other titles:
Payroll Clerk
Payroll Officer

£23k – £27k

Processes payroll either in-house for one employer, or in a payroll bureau who provide payroll services to lots of companies

Keywords / Duties:

  • RTI – Real time information-since 2013 all payrolls are processed in real time. All information is given to the tax office when a payslip is generated. Candidates who haven’t done payroll recently may not be aware of these requirements so would need training.
  • Auto Enrolment – all workers in the UK are not automatically enrolled into a pension scheme whoever they are employed by. Most clients require payroll staff to understand this process.
  • SSP – statutory sick pay
  • SMP – statutory maternity pay
  • SPP – statutory paternity pay
  • Attachment of earnings – usually enforced by HMRC on behalf of the student loan company or child support agency
  • Gross to Net – employers often ask for an ability to manually calculate a person’s net pay from their gross pay. This is always fully automated, but somebody who can do this can spot an error if these figures don’t seem right.

Skills:

Knowledge of the above, accuracy, attention to detail, teamwork, communication.

Accounts Assistant

Other titles:
Finance Assistant

£22k – £27k

This role can involve anything in accounts, so there are not typical duties but an all-round account assistant in a small company is likely to do:

  • Sales ledger
  • Purchase ledger
  • Credit control
  • Bank reconciliations
  • Cash book
  • VAT returns
  • Intrastat and EC Sales List
  • Nominal ledger
  • Accruals and prepayments

Skills / Knowledge:

AAT an advantage, knowledge of how accounts systems work within an organisation.

Accounts Assistant

Other titles:
Finance Assistant

£22k – £27k

This role can involve anything in accounts, so there are not typical duties but an all-round account assistant in a small company is likely to do:

  • Sales ledger
  • Purchase ledger
  • Credit control
  • Bank reconciliations
  • Cash book
  • VAT returns
  • Intrastat and EC Sales List
  • Nominal ledger
  • Accruals and prepayments

Skills / Knowledge:

AAT an advantage, knowledge of how accounts systems work within an organisation.

Assistant Accountant

£25k – £32k

This role can also involve anything in accounts and often includes most of the same duties as an Accounts Assistant. The difference between the two roles is that usually this role involves the candidate either studying for a professional qualification, or is qualified AAT, or part Qualified CIMA/ACCA/ACA.

This role would typically include the following duties in addition to those of an accounts assistant:

  • Balance sheet reconciliations
  • Accounts to trial balance
  • Management accounts

Management Accountant

£35k – £45k

A strategic role which requires the MA to analyse financial trends, produce predictions and liaise with all depts to help plan for maximum success.

Duties can include:

  • Key role for companies when preparing for specific times (e.g. national holidays, projects)
  • Setting budgets
  • Reporting
  • Negotiating contracts
  • Forecasting
  • Lead team of accounting technicians
  • CIMA

Accountant

£40k – £50k

A fully qualified role ACCA/ACA leads the day to day accounts function in a company.

Duties can include:

  • Managements of finance systems
  • Setting budgets
  • Auditing
  • Completing VAT returns
  • Advising on tax planning
  • Preparing accounts
  • Detecting and preventing fraud

Practice Accountants

£40k – £100k (depending on level of experience)

A Practice Accountant works for a firm and will only handle clients that are available through the firm. Earnings can vary greatly depending on the clients the accountant works with. They must be fully qualified ACCA/ACA.

Duties can include:

  • Managements of finance systems
  • Setting budgets
  • Auditing
  • Completing VAT returns
  • Advising on tax planning
  • Preparing accounts
  • Detecting and preventing fraud

Financial Controller

£45k – £100k

This person is generally a highly experienced accountant and must be fully qualified ACCA/ACA. It is a senior management role and involves ensuring that the accountancy function operates with maximum efficiency.

Duties can include:

  • Contributing to overall financial strategy
  • Financial analysis and reporting
  • Budgeting and forecasting
  • Supervise preparation of month end accounts and VAT returns

Financial Director

£50k – £200k

The Financial Director is generally, on the board of company and works closely with the FC to develop sound financial procedures.

Duties can include:

  • Leadership
  • Controlling company’s operating budget
  • Overseeing preparation of company accounts
  • Analysing data
  • Monitoring systems including audit
  • Holding overall responsibility for regulatory compliance

What our Clients & Candidates say…

” We are a small manufacturing business with low staff turnover, so when we do recruit it is vital that we not only get an individual who is technically capable but also someone who is a good fit to the business. “

” What impressed me about RG Consultancy was the time they took to understand our business and send candidates who covered both these aspects. “

” Whenever we have used RG the process has been quick, efficient and has produced great results for the company. “

” I would highly recommend RG Consultancy to anyone wanting a local business who knows and understands the market and will source high quality candidates that are right for your business. ”

” We are delighted with our recruitee and I would definitely use RG Consultancy again if the need arose ( which I hope it won’t). ”

” …I would just like to add that you and team at RG have been excellent throughout this whole process. Thank you! We would definitely work with your team again. ”

” If I could just say though that you and Eric have been fantastic, and I thank you for that. A completely different experience than I get with literally any other recruiter I have used. Keep doing what you do! ”

” I was looking to find a new challenge and role locally, I approached Eric regarding a role he was advertising and he managed to secure an interview within days. Everything was organised smoothly and efficiently and Eric was fully supportive throughout the whole interview process, giving me sound advice and information at all times. “

” He is highly professional and free of the superficiality that many other recruitment consultants provide. I would not hesitate to recommend him and would certainly use him as a client in the future. “