Salary Guide 2017: Accountancy & Finance Salaries in Commerce & Industry

Tuesday, January 31, 2017

It has been a tale of two halves for Accountancy and Finance in 2016, with the first half showing continued growth from 2015 throughout the Multinational Company (MNC) and Small and Medium Sized (SME) Market.

 

As we entered the second half of 2016 expected seasonal patterns were further impacted on decision making processes due to confirmation of Brexit and the unpredictable outcome of the US elections. This led to uncertainty on hiring from June to late September. We have seen some uplift in the overall activity since October with organisations realising the necessity for additional headcount as they head into 2017 and the requirement to effectively utilise their hiring budget.

 

Accounting & Finance Salary Guide in Commerce & Industry
(Small companies < 100 Employees)

Role Years' Experience Dublin
Cork
Limerick
Waterford
Financial Director 0 - 3 85k - 90k 75k - 85k 70k - 75k 67k - 70k
3 - 5 90k - 95k 85k - 95k 75k - 90k 70k - 85k
5+ 100k - 120k 95k - 110k 90k- 110k 85k - 110k
Financial Controller 0 - 3 70k - 75k 65k - 75k 60k - 70k 55k - 65k
3 - 5 75k - 85k 75k - 85k 70k - 75k 65k - 70k
5+ 85k - 100k 85k - 95k 75k- 85k 70k - 75k
Finance Manager 0 - 3 55k - 65k 55k - 65k 50k - 60k 50k - 55k
3 - 5 65k - 75k 65k - 70k 60k - 65k 55k - 65k
5+ 75k - 85k 70k - 80k 65k - 75k 65k - 75k
Management Accountant
(Qualified)
0 - 3 45k - 55k 40k - 48k 40k - 48k 38k - 45k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 55k
5+ 65k - 70k 55k -65k 55k - 65k 55k - 60k
Financial Accountant
(Qualified)
0 - 3 45k - 55k 40k - 48k 40k - 48k 40k - 45k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 50k
5+ 65k - 70k 55k - 60k 55k - 60k 50k - 55k
Company Accountant 0 - 3 45k - 55k 40k - 48k 40k - 48k 40k - 43k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 50k
5+ 65k - 70k 55k - 65k 55k - 60k 50k - 55k
Systems Accountant 0 - 3 45k - 55k 40k - 48k 40k - 48k 40k - 45k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 50k
5+ 65k - 70k 55k - 65k 55k - 65k 50k - 55k
Project Accountant 0 - 3 45k - 55k 40k - 48k 40k - 48k 40k - 48k
3 - 5 55k - 65k 48k - 55k 48k - 55k 48k - 55k
5+ 65k - 70k 55k - 65k 55k - 60k 55k - 60k
Assistant Management Accountant 0 - 3 30k - 35k 28k - 33k 27k - 33k 25k - 30k
3 - 5 35k - 40k 33k - 36k 33k - 35k 30k - 34k
5+ 40k - 45k 36k - 42k 35k - 40k 34k - 37k
Assistant Financial Accountant 0 - 3 30k - 35k 28k - 33k 27k - 33k 25k - 29k
3 - 5 35k - 40k 33k - 36k 33k - 35k 30k - 34k
5+ 40k - 45k 36k + 42k 35k - 40k 34k - 38k
Credit Controller 0 - 3 26k - 32k 25k - 30k 22k - 26k 20k - 24k
3 - 5 32k - 36k 30k - 35k 26k - 30k 24k - 27k
5+ 36k - 40k 35k - 40k 30k - 35k 27k - 32k
Payroll Clerk 0 - 3 26k - 32k 25k - 30k 22k - 26k 20k - 23k
3 - 5 32k - 36k 30k - 35k 26k - 30k 23k - 28k
5+ 36k - 40k 35k - 40k 30k - 35k 28k - 35k
Accounts Supervisor 0 - 3 32k - 38k 30k - 35k 26k - 34k 26k - 34k
3 - 5 38k - 41k 35k - 40k 34k - 38k 34k - 36k
5+ 40k - 46k 40k - 45k 38k - 40k 36k - 38k
Accounts Payable Clerk 0 - 3 24k - 28k 22k - 24k 22k - 24k 20k - 24k
3 - 5 28k - 33k 24k - 26k 24k - 26k 24k - 26k
5+ 33k - 36k 26k - 32k 26k - 30k 26k - 28k
Accounts Receivable Clerk 0 - 3 24k - 28k 22k - 24k 22k - 24k 20k - 24k
3 - 5 28k - 32k 24k - 28k 24k - 26k 24k - 26k
5+ 32k - 36k 28k - 32k 26k - 30k 26k - 30k
AP Manager 0 - 3 35k - 40k 32k - 37k 30k - 37k 30k - 37k
3 - 5 40k - 45k 38k - 42k 37k - 42k 37k - 42k
5+ 45k - 50k 42k - 48k 42k - 45k 42k - 45k
AR Manager 0 - 3 35k - 40k 32k - 38k 30k - 37k 30k - 37k
3 - 5 40k - 45k 38k - 42k 37k - 42k 37k - 42k
5+ 45k - 50k 42k - 48k 42k - 47k 42k - 47k
Accounts Assistant 0 - 3 24k - 28k 22k - 26k 20k - 25k 20k - 25k
3 - 5 28k - 33k 26k - 30k 25k - 28k 25k - 28k
5+ 33k - 36k 30k - 35k 28k - 35k 28k - 32k
Bookeeper 0 - 3 22k - 25k 22k - 24k 20k - 24k 20k - 22k
3 - 5 25k - 30k 24k - 28k 24k - 26k 22k - 25k
5+ 30k - 36k 28k - 34k 26k - 30k 25k - 30k
Graduate / Trainee Accountant 0 - 3 22k - 27k 19k - 24k 19k - 24k 19k - 24k

Accounting & Finance Salary Guide in Commerce & Industry
(Medium Companies 100 - 500 Employees)

Role Years' Experience Dublin
Cork
Limerick
Waterford
Financial Director 0 - 3 95k - 110k 85k - 95k 75k - 85k 75k - 85k
3 - 5 110k - 130k 95k - 105k 85k - 100k 85k - 100k
5+ 130k - 150k 105k - 140k 95k - 120k 95k - 120k
Financial Controller 0 - 3 85k - 90k 75k - 85k 65k - 75k 65k - 75k
3 - 5 90k - 100k 85k - 95k 75k - 85k 75k - 85k
5+ 100k - 110k 95k - 105k 85k- 100k 85k- 100k
Finance Manager 0 - 3 65k - 75k 60k - 65k 55k - 62k 55k - 62k
3 - 5 75k - 80k 65k - 75k 62k - 70k 62k - 70k
5+ 80k - 85k 75k - 85k 70k - 80k 70k - 80k
Management Accountant
(Qualified)
0 - 3 48k - 55k 43k - 48k 42k - 48k 40k - 45k
3 - 5 55k - 60k 48k - 55k 48k - 55k 45k - 50k
5+ 60k - 65k 55k - 65k 55k - 60k 50k - 60k
Financial Accountant
(Qualified)
0 - 3 48k - 55k 43k - 48k 42k - 48k 35k - 45k
3 - 5 55k - 60k 48k - 55k 48k - 55k 45k - 55k
5+ 60k - 65k 55k - 65k 55k - 60k 55k - 60k
Company Accountant 0 - 3 45k - 55k 43k - 48k 42k - 48k 40k - 45k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 50k
5+ 65k - 70k 55k - 65k 55k - 60k 50k - 60k
Systems Accountant 0 - 3 45k - 55k 43k - 48k 42k - 48k 38k - 45k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 50k
5+ 65k - 70k 55k - 65k 55k - 60k 50k - 60k
Project Accountant 0 - 3 45k - 55k 43k - 48k 42k - 48k 42k - 48k
3 - 5 55k - 65k 48k - 55k 48k - 55k 48k - 55k
5+ 65k - 70k 55k - 65k 55k - 65k 55k - 60k
Commercial Accountant 0 - 3 45k - 55k 45k - 50k 42k - 48k 42k - 48k
3 - 5 55k - 65k 50k - 60k 48k - 55k 48k - 55k
5+ 65k - 80k 60k - 75k 55k - 70k 55k - 70k
Assistant Management Accountant 0 - 3 30k - 35k 28k - 33k 28k - 33k 28k - 33k
3 - 5 35k - 38k 33k - 36k 30k - 35k 30k - 35k
5+ 38k - 45k 36k - 40k 35k - 40k 35k - 40k
Assistant Financial Accountant 0 - 3 30k - 35k 28k - 33k 28k - 33k 28k - 33k
3 - 5 35k - 38k 33k - 36k 30k - 35k 28k - 32k
5+ 38k - 45k 36k - 40k 36k - 40k 36k - 40k
Tax Accountant 0 - 3 45k - 50k 43k - 48k 42k - 48k 42k - 48k
3 - 5 50k - 65k 48k - 55k 48k - 55k 45k - 50k
5+ 65k - 75k 55k - 65k 55k -60k 50k - 55k
Credit Control Manager 0 - 3 45k - 50k 36k – 42k 28k - 32k 28k - 32k
3 - 5 50k - 55k 42k – 47k 32k - 40k 32k - 40k
5+ 55k - 70k 47k – 52k 40k - 46k 40k - 46k
Credit Controller 0 - 3 26k - 32k 23k - 28k 23k - 28k 23k - 28k
3 - 5 32k - 36k 28k - 32k 28k - 32k 28k - 32k
5+ 36k - 40k 32k - 38k 32k - 38k 32k - 38k
Payroll Manager 0 - 3 45k - 50k 36k – 42k 34k – 40k 34k – 40k
3 - 5 50k - 55k 42k – 47k 40k – 44k 40k – 44k
5+ 55k - 70k 47k – 60k 47k – 60k 47k – 60k
Payroll Clerk 0 - 3 25k - 30k 22k - 25k 22k - 25k 22k - 25k
3 - 5 30k - 40k 25k - 30k 25k - 30k 25k - 30k
5+ 40k - 65k 30k - 40k 28k - 34k 28k - 34k
Accounts Supervisor 0 - 3 24k - 28k 22k - 25k 22k - 25k 22k - 24k
3 - 5 28k - 32k 25k - 28k 25k - 28k 24k - 28k
5+ 32k - 36k 28k - 30k 28k - 30k 28k - 30k
Accounts Payable Clerk 0 - 3 24k - 28k 22k - 24k 22k - 25k 22k - 25k
3 - 5 28k - 33k 25k - 28k 25k - 28k 25k - 28k
5+ 33k - 36k 28k - 32k 28k - 32k 28k - 32k
Accounts Receivable Clerk 0 - 3 22k - 25k 22k - 24k 22k - 24k 22k - 24k
3 - 5 25k - 30k 25k - 28k 25k - 28k 25k - 28k
5+ 30k - 36k 27k - 32k 27k - 32k 27k - 32k
AP Manager 0 - 3 35k - 42k 34k - 40k 34k - 40k 34k - 40k
3 - 5 42k - 45k 40k - 44k 40k - 44k 40k - 44k
5+ 45k - 50k 44k - 48k 44k - 48k 44k - 48k
AR Manager 0 - 3 35k - 45k 32k - 42k 32k - 42k 32k - 42k
3 - 5 45k - 50k 42k - 48k 42k - 48k 42k - 48k
5+ 50k - 55k 48k - 54k 48k - 54k 48k - 54k
Accounts Assistant 0 - 3 23k - 27k 22k - 26k 22k - 24k 20k - 22k
3 - 5 27k - 33k 26k - 30k 26k - 30k 26k - 30k
5+ 33k - 35k 30k - 33k 30k - 33k 30k - 33k
Bookeeper 0 - 3 24k - 28k 20k - 22k 20k - 22k 20k - 22k
3 - 5 28k - 33k 22k - 25k 22k - 24k 22k - 24k
5+ 33k - 35k 25k - 32k 25k - 32k 25k - 32k
Graduate / Trainee Accountant 0 - 3 22k - 28k 19k - 22k 19k - 22k 19k - 22k

Accounting & Finance Salary Guide in Commerce & Industry
(Large Companies 500+ Employees)

Role Years' Experience Dublin
Cork
Limerick
Waterford
Financial Director 0 - 3 95k - 110k 85k - 95k 80k - 90k 65k - 80k
3 - 5 110k - 130k 95k - 105k 90k - 95k 80k - 95k
5+ 130k - 160k 105k - 140k 95k - 120k 95k - 110k
Financial Controller 0 - 3 85k - 90k 75k - 85k 70k - 80k 65k - 75k
3 - 5 90k - 100k 85k - 95k 80k - 88k 75k - 80k
5+ 100k - 120k 95k - 105k 88k - 100k 80k - 90k
Finance Manager 0 - 3 65k - 75k 60k - 65k 60k - 65k 65k - 70k
3 - 5 75k - 80k 65k - 75k 65k - 70k 70k - 75k
5+ 80k - 85k 75k - 85k 70k - 85k 75k - 85k
Management Accountant 0 - 3 48k - 55k 43k - 48k 42k - 48k 40k - 45k
3 - 5 55k - 60k 48k - 55k 48k - 55k 45k - 55k
5+ 60k - 65k 55k - 65k 55k - 60k 55k - 60k
Financial Accountant 0 - 3 48k - 55k 43k - 48k 43k - 48k 40k - 45k
3 - 5 55k - 60k 48k - 55k 48k - 55k 45k - 50k
5+ 60k - 65k 55k - 65k 55k - 60k 50k - 60k
Company Accountant 0 - 3 45k - 55k 43k - 48k 43k - 48k 40k - 45k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 50k
5+ 65k - 70k 55k - 65k 55k - 65k 50k - 60k
Systems Accountant 0 - 3 45k - 55k 43k - 48k 43k - 48k 40k - 45k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 55k
5+ 65k - 70k 55k - 65k 55k - 60k 55k - 60k
Project Accountant 0 - 3 45k - 55k 43k - 48k 43k - 48k 38k - 45k
3 - 5 55k - 65k 48k - 55k 48k - 55k 45k - 50k
5+ 65k - 70k 55k - 65k 55k - 60k 50k - 60k
Commercial Accountant 0 - 3 45k - 55k 45k - 50k 43k - 48k 40k - 45k
3 - 5 55k - 65k 50k - 60k 48k - 55k 45k - 50k
5+ 65k - 70k 60k - 70k 55k - 60k 50k - 60k
Assistant Management Accountant 0 - 3 30k - 35k 28k - 33k 26k - 32k 24k - 27k
3 - 5 35k - 38k 33k - 36k 32k - 35k 27k - 32k
5+ 38k - 45k 36k - 40k 35k - 40k 32k - 38k
Assistant Financial Accountant 0 - 3 30k - 35k 28k - 33k 26k - 32k 24k - 27k
3 - 5 35k - 38k 33k - 36k 32k - 35k 27k - 32k
5+ 38k - 45k 36k - 40k 35k - 38k 32k - 38k
Assistant Financial Controller 0 - 3 45k - 50k 50k - 60k 45k - 50k 40k - 45k
3 - 5 50k - 65k 60k - 70k 50k - 60k 45k - 50k
5+ 65k - 75k 70k - 80k 60k - 65k 50k - 55k
Tax Accountant 0 - 3 48k - 53k 43k - 48k 42k - 48k 42k - 48k
3 - 5 53k - 60k 48k - 55k 48k - 55k 48k - 55k
5+ 60k - 70k 55k - 65k 55k - 60k 55k - 60k
Graduate / Trainee Accountant 1 - 2 26k - 32k 23k - 25k 23k - 25k 22k - 24k
Credit Controller 0 - 3 38k - 46k 28k - 32k 25k - 35k 22k - 30k
3 - 5 46k - 52k 32k - 38k 35k - 40k 30k - 38k
5+ 52k - 65k 38k - 50k 40k - 50k 38k - 48k
EMEA Payroll Manager 0 - 3 26k - 32k 50k - 55k 45k - 50k 45k - 50k
3 - 5 32k - 36k 55k - 65k 50k - 55k 50k - 55k
5+ 36k - 40k 65k - 80k 55k - 60k 55k - 60k
Payroll Manager 0 - 3 45k - 50k 40k - 45k 35k – 40k 35k – 40k
3 - 5 50k - 55k 45k - 50k 40k – 45k 40k – 45k
5+ 55k - 65k 50k - 55k 45k – 50k 45k – 50k
Payroll Clerk 0 - 3 25k - 30k 25k - 30k 22k - 25k 22k - 25k
3 - 5 30k - 40k 30k - 34k 25k - 28k 25k - 28k
5+ 40k - 65k 35k - 45k 28k - 35k 28k - 35k
Accounts Supervisor 0 - 3 24k - 28k 22k - 26k 22k - 25k 22k - 25k
3 - 5 28k - 32k 26k - 29k 25k - 28k 25k - 28k
5+ 32k - 36k 29k - 32k 28k - 30k 28k - 30k
Accounts Payable Clerk 0 - 3 35k - 40k 22k - 26k 22k - 25k 22k - 24k
3 - 5 40k - 45k 26k - 29k 25k - 28k 24k - 27k
5+ 45k - 50k 29k - 32k 28k - 32k 27k - 30k
Accounts Receivable Clerk 0 - 3 35k - 40k 22k - 26k 22k - 25k 22k - 25k
3 - 5 40k - 45k 26k - 29k 25k - 28k 25k - 28k
5+ 45k - 50k 29k - 32k 28k - 32k 28k - 32k
AP Manager 0 - 3 24k - 28k 45k - 50k 38k - 42k 35k - 40k
3 - 5 28k - 33k 50k - 55k 45k - 48k 40k - 45k
5+ 33k - 36k 55k - 60k 48k - 55k 45k - 55k
AR Manager 0 - 3 50k - 55k 45k - 50k 40k - 45k 35k - 40k
3 - 5 55k - 60k 50k - 55k 45k - 50k 40k - 45k
5+ 60k - 65k 55k - 60k 48k - 55k 45k - 55k
Accounts Assistant 0 - 3 23k - 27k 28k - 32k 24k - 28k 24k - 28k
3 - 5 28k - 33k 32k - 36k 28k - 34k 28k - 34k
5+ 33k - 35k 36k - 38k 34k - 36k 34k - 36k
Bookeeper 0 - 3 24k - 28k 20k - 22k 20k - 22k 20k - 22k
3 - 5 28k - 33k 22k - 25k 22k - 25k 22k - 25k
5+ 33k - 35k 25k - 28k 25k - 28k 25k - 27k
Graduate / Trainee Accountant 0 - 3 25k - 28k 18k - 25k 18k - 25k 18k - 24k

 

Commentary on Accountancy & Finance Roles and Remuneration in Ireland for 2017

Overall we have seen a lot of positives in the market, driven mainly by an uplift in activity across the SME sector at senior level and also across key commercial roles. Some of the positive this year included new hiring requirements for start-up businesses and also an opportunity driven market resulting in candidates having confidence to change roles. Some of the negative influences that affected growth were the impact of Brexit and US Elections and  the lack of funding in SME sector to facilitate senior hiring decisions and possible business expansion.

 

From a candidate point of view, there has been a steady flow of experienced transactional candidates and newly qualified accountants to the market. However, there has been a shortage of talent in specific areas such as commercially focused finance professionals and qualified accountants with European languages.

 

Across both the transactional market and the newly qualified market, there has been a marked increase in the number of women who are actively seeking new roles.

 

In the current market, there is a strong preference to hire an accountant with a qualification over a “qualified by experience” candidate. This can be due to the nature of the role, for example Financial Accountant or Statutory Accountant where a recognised qualification is required for compliance and regulatory purposes.  More ad hoc roles like System Accountant, FP&A  Analyst or Business Analyst type roles will have flexibility on the qualification.

 

In 2017, we expect a slight increase in salaries for more niche / technical roles such as Statutory Reporting Accountants. Across other finance roles within the transactional market, newly qualified market and financial accounting roles, salary ranges should remain in line with 2016. 

This originally appeared on morganmckinley.ie