LMA Recruitment, proud winners of the Recruitment Agency of the Year 2016, announce their industry acclaimed commerce and industry finance salary survey.
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LMA salary survey - commerce & industry
1. We saw a surge of placements following a disruptive Q3
after the ‘’Brexit’’ vote.
LMA’s C&I desk has seen a rise in placements from Q1 - Q4
predominately coming from retail and media clients. With our
number of temporary workers increasing be 150% from the
start of the year.
Our C&I finance team performed very well despite the state of
flux in the UK economy. The recruitment trend over the past year
has seen a core business come from our retail clients. These
have been largely newly created positions rather than losing
staff to competitors. We have seen the hospitality industry focus
on part qualified roles supporting the leadership team with
innovative ideas for 2017. Our media clients have assisted with
LMA’s rapid growth and we saw a significant increase in both
temporary & permanent roles particularly at the newly qualified
level.
There seems to be a good 50/50 split between the need for
qualified and non-qualified finance professionals. 2016 has been
good and consistent year for C&I and we have found employer
branding helps in this current market; but in reality it needs to
be the true reflection of what goes on inside the business.
Our C&I desks saw more commercial roles rather than technical
roles, we have seen businesses trying to be more proactive in
terms of forward thinking growth for 2017. This trend was also
recognised by the number of credit control roles we got leading
up to year end and that desire to get outstanding cash in.
Forecasting for 2017 seems to be very positive with many of our
clients waiting for new headcount to be signed off.
2. C&I
Transactional Finance | Permanent - London
Basic Salary (£ Per Annum)
Role 0-2 Years 3-4 Years 5+ Years
Accounts Assistant 18,000-25,000 22,000-30,000 28,000+
Credit Control 22,000-27,000 24,000-30,000 28,000+
Accounts Payable 18,000-25,000 24,000-30,000 28,000+
Accounts Receivable 18,000-25,000 22,000-30,000 28,000+
Head of Transactions * * 35,000+
Transactional Finance | Temporary - London
Rate (£ Per Hour)
Role 0-2 Years 3-4 Years 5+ Years
Accounts Assistant 11-13 15+ 15+
Credit Control 11-13 13+ 15+
Accounts Payable 11-12 13+ 15+
Accounts Receivable 11-12 13+ 20+
Head of Transactions * 15+ 20+
SME | Permanent - London
Basic Salary (£ Per Annum)
Role Newly-Qualified 2-4 Years 5-7 Years 8+ Years
Financial Accountant 42,000-50,000 45,000-52,000 50,000-55,000 55,000+
Management Accountant 42,000-50,000 45,000-52,000 50,000-55,000 55,000+
FP&A Manager 42,000-50,000 50,000-60,000 60,000-69,000 65,000+
Finance Manager 42,000-50,000 50,000-60,000 55,000-65,000 55,000+
Financial Controller 42,000-50,000 50,000-65,000 60,000-80000 70,000+
Finance Director * * * 80,000+
3. C&I
Large Corporate | Permanent - London
Basic Salary (£ Per Annum)
Role Newly-Qualified 2-4 Years 5-7 Years 8+ Years
Financial Accountant 45,000-55,000 50,000-75,000 65,000-84,999 85,000+
Management Accountant 45,000-55,000 50,000-75,000 65,000-84,999 85,000+
FP&A Manager 45,000-55,000 50,000-75,000 65,000-84,999 85,000+
Finance Manager 45,000-55,000 50,000-60,000 60,000-74,999 75,000+
Financial Controller 45,000-55,000 50,000-75,000 65,000-84,999 85,000+
Finance Director * * * 90,000+
Large Corporate | Temporary - London
Rates (£ Per Day)
Role Newly-Qualified 2-4 Years 5-7 Years 8+ Years
Financial Accountant 250-260 300-450 300-500 300-500
Management Accountant 250-260 300-450 300-500 300-500
FP&A Manager 250-260 300-450 300-500 300-500
Finance Manager 250-275 300-500 300-500 350-450
Financial Controller * 275-350 350-450 350-600+
Finance Director * 350-450 400-600 450+