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ACCA salary

Hi everyone,

Being a freshly qualified ACCA accountant from a regional practice practice, with around 5 years experience.

What is the minimum salary I should be commanding?

Also to note - I am in East Anglia

Many thanks all.
«1

Comments

  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
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    £7.83 per hour
  • LilElvis
    LilElvis Posts: 5,835 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Look on job sites for roles matching your qualifications and experience.
  • xapprenticex
    xapprenticex Posts: 1,760 Forumite
    You did the entire ACCA qualification without thinking of this beforehand??
  • LilElvis
    LilElvis Posts: 5,835 Forumite
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    You did the entire ACCA qualification without thinking of this beforehand??

    I'm not in the least surprised. 20+ years ago the practice I was training at employed a chap who was fully qualified (trained at PwC) who didn't understand double entry bookkeeping - the most basic concept. He genuinely couldn't see what the problem was when he presented the senior partner with a set of accounts which had a couple of hundred pounds balance sitting in a suspense account, especially as it related to dozens of items totalling tens of thousands pounds worth of unresolved entries. He was sacked and I had to review/ rework every job he had touched. Qualifications don't always relate to common sense.
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
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    You did the entire ACCA qualification without thinking of this beforehand??

    Bit worrying that an accountant doesn't know what something's worth too... :rotfl:
  • Undervalued
    Undervalued Posts: 9,881 Forumite
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    ReadingTim wrote: »
    Bit worrying that an accountant doesn't know what something's worth too... :rotfl:

    I thought accountants knew the cost of everything but the value of nothing!
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I thought accountants knew the cost of everything but the value of nothing!

    True, but this one doesn't even know that...
  • Masomnia
    Masomnia Posts: 19,506 Forumite
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    Come on now, if you've nothing nice to say etc :D

    OP you need to look at jobs advertised similar to what you would be looking for in a similar location, looking for your level of experience; that's the only way you'll get an idea.

    Or maybe try calling local specialist recruiters and say you're looking for a job in the area, what kind of salaries could you expect?
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • LilElvis
    LilElvis Posts: 5,835 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Masomnia wrote: »
    Come on now, if you've nothing nice to say etc :D

    OP you need to look at jobs advertised similar to what you would be looking for in a similar location, looking for your level of experience; that's the only way you'll get an idea.

    Or maybe try calling local specialist recruiters and say you're looking for a job in the area, what kind of salaries could you expect?

    See post #3 - recommendation to look at job sites .... :D
  • jonnygee2
    jonnygee2 Posts: 2,086 Forumite
    1,000 Posts Second Anniversary Name Dropper Combo Breaker
    What is the minimum salary I should be commanding?

    Salaries are normally agreed, rather than commanded. Experience does not necessarily equate to higher money, nor do qualifications on their own. You have to be able to demonstrate you have learned important skills and are able to employ them to a businesses advantage, otherwise you should expect to be earning whatever you started on.

    As you want a guide, though, I think experienced accountants with solid skills and an ACCA would expect to start on about £35k (lower up north, bit higher in London).
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