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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.
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+
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+

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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+