Depending on the qualifications or experience you have and what part of accounting you actually do, it differs. There is not a fixed amount. The company you work for will decide how much you will be paid. Some people spend years on studying to do accounting to get where they are now and some people started from the bottom and work their way to the top, learning whilst working at the same time. Depending on the company you work for, some would want you to do extra qualifications so this means going to college for a day every week. There are so many different type of jobs within accounting, so if you are interested in doing accounting there is a verity of different jobs to do.
Here is a common career path for an accountant:
Accountant
Finance Manger – Financial controller – Management accountant – Chartered Accountant – Senior Accountant
Finance Director – Financial Controller – Finance Manager – Chief Financial Officer – Director of Finance & Administration – Bookkeeper – Senior Finance Manager – Commercial Finance Manager – Chartered Accountant – Senior Accountant
There is no such thing as lowest and highest paid accountant. There is not a fixed amount to get paid for any accountant. Everything depends on how big or small the company is, what the actual job role is. The more complex the role is the higher the pay is. Sometimes it depends on experience or qualifications depending who’s employing you. Once fully qualified, accountants an earn up to £26,000 to £50,000+. In 2014, the average earning potential for chartered accountants with 2 years’ experience is £47,000 plus bonuses.
Here are the common career paths for financial controller:
Finance Controller
Finance Director – Bookkeeper – Chief Financial Officer
Chief Financial Officer – Director of Finance & Administration – Full Charge Bookkeeper – Chief Executive Officer – Financial Director – Assistant Accountant – Accountant – Management Accountant – Financial Accountant
