Chartered Accountants earn an average salary of £35,436 or £19.82 per hour, with bonus, commission and profit-sharing of up to £2,070, £3,000, and £2,750 respectively.
Pay by Experience Level for Chartered Accountants
The entry-level, years of experience and the average salary for Chartered Accountants are as follow:
Entry-level Chartered Accountants with less than one-year experience earns £27,162 (bonus, overtime pay and tips are included).
Early-career Chartered Accountants with 1-4 years of experience, can expect to earn £31,060.
Mid-career Chartered Accountants with 5-9 years of experience will pocket £36,119.
Experienced Chartered Accountants with 10-19 years of experience will make £40,235.
Late career Chartered Accountants with more than twenty years’ experience can look forward to a total average of £50,544 compensation.
Essential Skills for Chartered Accountants
Financial Reporting, Auditing, Financial Analysis, Account Management and Tax Compliance are some of the most popular skills for Chartered Accountants.
How Become a Chartered Accountant?
The standard required for recognition as a Chartered Accountant is a bachelor’s degree holder (BCS).
What Do Chartered Accountants Do?
Chartered Accountants are required to be able to provide financial analysis of the financial transactions of companies and will often perform accounting and audit functions in a specific field. They usually work for a multi-national company, government, as well as non-governmental organizations.