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SOC 4124 Administrative occupations

Finance officers Salary

Median salary £28,610 per year (2025). Based on ONS ASHE data.

About this role

Finance officers manage financial administration within organisations, processing payments, maintaining budgets, producing financial reports and ensuring financial systems operate accurately and in compliance with regulations.

Key responsibilities

  • Processing invoices, payments and purchase orders
  • Monitoring budgets and producing variance reports
  • Maintaining financial systems and records
  • Preparing financial reports for management
  • Supporting audit and year-end processes

Qualifications and entry routes

AAT qualification or equivalent is common. Many roles require degree-level education in finance or accounting. Part-qualified ACCA/CIMA is valued for senior finance officer roles.

Career outlook

Steady demand, particularly in the public sector. Progression to management accountant or financial controller roles is a common career path.

Key skills

Financial administration Budget monitoring Accounting software Report production Compliance

Common industries

  • Public sector
  • NHS
  • Education
  • Charities
  • All commercial sectors

Data coverage

SOC code 4124
Data source ONS ASHE
Years available 2015–2025
Estimated jobs 28,000

Median Salary

£28,610

Mean Salary

£28,686

Jobs (000s)

28k

Data Years

11 years

Salary Range (2025)

P25: £20,772Median: £28,610P75: £35,071
P10: £14kP25: £21kMedian: £29kP75: £35kP90: --

Estimated Career Progression

Based on salary percentile distribution for this occupation

Entry Level

£14,494

0-2 years

Mid Level

£20,772

3-7 years

Senior

£35,071

8-15 years

Potential career growth: +142% from entry to leadership

Salary Trend (2015-2025)

Nominal growth: +22.1%Real growth: -11.7%

Gender Pay Comparison (2025)

Gender pay gap: 11.6%

Full-time vs All Employees (2025)

All Employees

£28,610

Full-time Only

£31,943

Full-time premium: +£3,333