Average Finance Specialist Salary in Guernsey for 2026
In this article, we will look at the average Finance Specialist salary for 2026 in Guernsey and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the British pound. To keep things simple, we are using the GBP currency code instead of the currency symbol £.
How Much Does a Finance Specialist Make in Guernsey?
A Finance Specialist working in Guernsey will typically earn around 98,000 GBP per year, and this can range from the lowest average salary of about 46,400 GBP to the highest average salary of 157,600 GBP.
These are average salaries for a Finance Specialist in Guernsey and include benefits such as housing and transport. It's also possible for a Finance Specialist to earn more or less than the average salaries shown above.
Finance Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Finance Specialist Salaries in Guernsey
So we've looked at the average salaries a Finance Specialist will earn in Guernsey. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Finance Specialist can earn between 46,400 GBP and 157,600 GBP on average in Guernsey. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for a Finance Specialist in Guernsey is 107,300 GBP. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 107,300 GBP, and 50% of the population earn more than 107,300 GBP.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Finance Specialist salary in Guernsey, 25% of the population are earning less than 67,300 GBP while 75% of the population earn more than 67,300 GBP.
75% of the population earn less than 142,100 GBP, and 25% of the population earn more than 142,100 GBP.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Finance Specialist Salary by Experience Level in Guernsey
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average Finance Specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. A Finance Specialist in Guernsey that has less than two years of experience can expect to earn somewhere in the region of 49,300 GBP.
- 2 - 5 Years Experience. With two to five years of experience the average Finance Specialist salary would increase to 70,100 GBP.
- 5 - 10 Years Experience. From five to ten years of experience as a Finance Specialist, the average salary would be 100,700 GBP.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 124,500 GBP.
- 15 - 20 Years Experience. A Finance Specialist with 15 to 20 years of experience can earn an average of 134,100 GBP.
- 20+ Years Experience. For a Finance Specialist with more than 20 years, the expected average salary increases to 146,700 GBP.
Average Salary by Experience Chart
| 0-2 Years | - | 49,300 GBP |
| 2-5 Years | +34% | 70,100 GBP |
| 5-10 Years | +48% | 100,700 GBP |
| 10-15 Years | +22% | 124,500 GBP |
| 15-20 Years | +9% | 134,100 GBP |
| 20+ Years | +8% | 146,700 GBP |
Finance Specialist Salary by Education Level in Guernsey
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for a Finance Specialist in Guernsey based on the education level of the employees in order to find out whether a better education level would increase your salary.
- High School. A Finance Specialist in Guernsey with a high school education can earn an average salary of 63,900 GBP.
- Certificate or Diploma. A Finance Specialist in Guernsey with a certificate or diploma education can earn an average salary of 71,900 GBP.
- Bachelor's Degree. A Finance Specialist in Guernsey with a bachelor's degree education can earn an average salary of 107,700 GBP.
- Master's Degree. A Finance Specialist in Guernsey with a master's degree education can earn an average salary of 141,000 GBP.
Average Salary by Education Chart
| High School | - | 63,900 GBP |
| Certificate or Diploma | +18% | 71,900 GBP |
| Bachelor's Degree | +45% | 107,700 GBP |
| Master's Degree | +31% | 141,000 GBP |
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Guernsey is around 38,400 to 115,000 GBP and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Finance Specialist Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Guernsey, a male finance specialist will earn an average of 107,300 GBP, while a female finance specialist will earn around 89,900 GBP.
This means that a male finance specialist earns approximately 19% more than a female finance specialist for performing the same job.
Average Salary by Gender Chart in Guernsey
| Male | - | 107,300 GBP |
| Female | -19% | 89,900 GBP |
Finance Specialist Average Pay Raise in Guernsey
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for a Finance Specialist in Guernsey is around 8% every 28 months.
The national average pay raise across all professions and industries in Guernsey is around 5% every 28 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 8 ÷ 28 ) × 12 = 3%
What this means is that a Finance Specialist in Guernsey can expect to receive an average pay raise of around 3% every 12 months.
Annual Pay Raise by Industry in Guernsey for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Guernsey.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking | - | 9% |
| Energy | - | 9% |
| Information Technology | - | 9% |
| Healthcare | - | 9% |
| Travel | - | 9% |
| Construction | - | 9% |
| Education | - | 9% |
Finance Specialist Bonus and Incentive Rates in Guernsey
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
A Finance Specialist is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.
59% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.
| Received Bonus | - | 41% |
| No Bonus | - | 59% |
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in Guernsey earn approximately 27% more than private sector employees in the same role.
| Public Sector | - | 103,600 GBP |
| Private Sector | -27% | 81,400 GBP |
Salaries for Jobs Similar to a Finance Specialist
In the table below, we have salary information for jobs that are similar to a Finance Specialist in Guernsey.
| Job Title | Category | Salary |
|---|---|---|
| Account Examiner | Accounting and Finance | 49,000 GBP |
| Account Executive | Accounting and Finance | 78,500 GBP |
| Accountant | Accounting and Finance | 60,500 GBP |
| Accounting Analyst | Accounting and Finance | 75,500 GBP |
| Accounting Assistant | Accounting and Finance | 43,800 GBP |
| Accounting Associate | Accounting and Finance | 45,600 GBP |
| Accounting Clerk | Accounting and Finance | 36,400 GBP |
| Accounting Coordinator | Accounting and Finance | 57,200 GBP |
| Accounting Head | Accounting and Finance | 124,500 GBP |
| Accounting Manager | Accounting and Finance | 138,700 GBP |
| Accounting Officer | Accounting and Finance | 44,700 GBP |
| Accounting Specialist | Accounting and Finance | 81,000 GBP |
| Accounting Supervisor | Accounting and Finance | 83,300 GBP |
| Accounting Technician | Accounting and Finance | 45,000 GBP |
| Accounting Unit Controller | Accounting and Finance | 100,700 GBP |
| Accounts Executive | Accounting and Finance | 81,700 GBP |
| Accounts Officer | Accounting and Finance | 46,000 GBP |
| Accounts Payable Assistant | Accounting and Finance | 46,700 GBP |
| Accounts Payable Associate | Accounting and Finance | 54,900 GBP |
| Accounts Payable Clerk | Accounting and Finance | 49,000 GBP |
| Accounts Payable Manager | Accounting and Finance | 123,800 GBP |
| Accounts Payable and Receivable Specialist | Accounting and Finance | 60,000 GBP |
| Accounts Receivable Administrator | Accounting and Finance | 86,600 GBP |
| Accounts Receivable Clerk | Accounting and Finance | 48,600 GBP |
| Accounts Receivable Financial Analyst | Accounting and Finance | 87,800 GBP |
| Accounts Receivable Manager | Accounting and Finance | 121,800 GBP |
| Accounts Receivable Team Leader | Accounting and Finance | 92,100 GBP |
| Assistant Accountant | Accounting and Finance | 50,000 GBP |
| Assistant Accounting Manager | Accounting and Finance | 119,700 GBP |
| Assistant Auditor | Accounting and Finance | 60,000 GBP |
| Assistant Corporate Controller | Accounting and Finance | 81,000 GBP |
| Assistant Finance Manager | Accounting and Finance | 130,400 GBP |
| Assistant Financial Controller | Accounting and Finance | 83,700 GBP |
| Audit Director | Accounting and Finance | 138,700 GBP |
| Audit Supervisor | Accounting and Finance | 109,000 GBP |
| Auditing Clerk | Accounting and Finance | 46,000 GBP |
| Auditing Manager | Accounting and Finance | 130,500 GBP |
| Billing Clerk | Accounting and Finance | 43,800 GBP |
| Billing Coordinator | Accounting and Finance | 55,200 GBP |
| Billing Specialist | Accounting and Finance | 64,900 GBP |
| Billing Supervisor | Accounting and Finance | 92,900 GBP |
| Bookkeeper | Accounting and Finance | 40,300 GBP |
| Bookkeeping Specialist | Accounting and Finance | 60,400 GBP |
| Budget Analyst | Accounting and Finance | 102,700 GBP |
| Budget Manager | Accounting and Finance | 123,000 GBP |
| Business Support Analyst | Accounting and Finance | 69,400 GBP |
| Capital Markets Associate | Accounting and Finance | 98,100 GBP |
| Cash Flow Analyst | Accounting and Finance | 99,400 GBP |
| Cash Management Manager | Accounting and Finance | 127,700 GBP |
| Cash Management Officer | Accounting and Finance | 73,500 GBP |
| Cashbook Clerk | Accounting and Finance | 41,400 GBP |
| Chartered Accountant | Accounting and Finance | 80,700 GBP |
| Chief Accountant | Accounting and Finance | 95,100 GBP |
| Collections Clerk | Accounting and Finance | 39,800 GBP |
| Collections Representative | Accounting and Finance | 54,300 GBP |
| Collections Specialist | Accounting and Finance | 59,800 GBP |
| Corporate Controller | Accounting and Finance | 97,300 GBP |
| Corporate Treasurer | Accounting and Finance | 114,900 GBP |
| Cost Accountant | Accounting and Finance | 58,800 GBP |
| Cost Accounting Manager | Accounting and Finance | 115,600 GBP |
| Cost Accounting Supervisor | Accounting and Finance | 99,700 GBP |
| Cost Analyst | Accounting and Finance | 102,700 GBP |
| Credit Controller | Accounting and Finance | 85,800 GBP |
| Credit Manager | Accounting and Finance | 130,400 GBP |
| Credit and Collection Manager | Accounting and Finance | 117,100 GBP |
| Credit and Collection Staff | Accounting and Finance | 47,400 GBP |
| Credit and Loans Officer | Accounting and Finance | 45,000 GBP |
| Debt Adviser | Accounting and Finance | 103,600 GBP |
| Debt Collector | Accounting and Finance | 49,300 GBP |
| Debtors Clerk | Accounting and Finance | 42,600 GBP |
| Debtors Controller | Accounting and Finance | 44,700 GBP |
| Deputy CFO | Accounting and Finance | 176,300 GBP |
| Deputy Head of Finance | Accounting and Finance | 172,300 GBP |
| Derivative Trader | Accounting and Finance | 105,200 GBP |
| Director of Finance | Accounting and Finance | 185,900 GBP |
| Economist | Accounting and Finance | 151,800 GBP |
| Equity Analyst | Accounting and Finance | 109,700 GBP |
| Escrow Assistant | Accounting and Finance | 55,500 GBP |
| Executive Accountant | Accounting and Finance | 73,200 GBP |
| External Auditor | Accounting and Finance | 86,100 GBP |
| Finance Administrator | Accounting and Finance | 73,100 GBP |
| Finance Analyst | Accounting and Finance | 112,700 GBP |
| Finance Associate | Accounting and Finance | 54,300 GBP |
| Finance Director | Accounting and Finance | 177,100 GBP |
| Finance Executive | Accounting and Finance | 130,400 GBP |
| Finance Licensing Clerk | Accounting and Finance | 45,000 GBP |
| Finance Licensing Manager | Accounting and Finance | 121,800 GBP |
| Finance Licensing Specialist | Accounting and Finance | 66,100 GBP |
| Finance Manager | Accounting and Finance | 166,600 GBP |
| Finance Officer | Accounting and Finance | 58,800 GBP |
| Finance President | Accounting and Finance | 185,900 GBP |
| Finance Relationship Manager | Accounting and Finance | 151,800 GBP |
| Finance Release Analyst | Accounting and Finance | 68,500 GBP |
| Finance Team Leader | Accounting and Finance | 142,300 GBP |
| Financial Accountant | Accounting and Finance | 60,000 GBP |
| Financial Actuary | Accounting and Finance | 96,600 GBP |
| Financial Administrator | Accounting and Finance | 107,700 GBP |
| Financial Advisor | Accounting and Finance | 115,600 GBP |
| Financial Analyst | Accounting and Finance | 114,900 GBP |
| Financial Applications Specialist | Accounting and Finance | 73,300 GBP |
| Financial Assistant | Accounting and Finance | 46,700 GBP |
| Financial Associate | Accounting and Finance | 49,300 GBP |
| Financial Associate | Accounting and Finance | 62,100 GBP |
| Financial Claims Analyst | Accounting and Finance | 81,900 GBP |
| Financial Claims Manager | Accounting and Finance | 108,200 GBP |
| Financial Claims Supervisor | Accounting and Finance | 100,700 GBP |
| Financial Clerk | Accounting and Finance | 45,900 GBP |
| Financial Commercial Analyst | Accounting and Finance | 86,100 GBP |
| Financial Compliance Analyst | Accounting and Finance | 95,000 GBP |
| Financial Consultant | Accounting and Finance | 83,300 GBP |
| Financial Controller | Accounting and Finance | 95,500 GBP |
| Financial Controller | Accounting and Finance | 102,700 GBP |
| Financial Coordinator | Accounting and Finance | 59,200 GBP |
| Financial Customer Service Manager | Accounting and Finance | 116,400 GBP |
| Financial Dealer and Broker | Accounting and Finance | 69,200 GBP |
| Financial Director | Accounting and Finance | 172,200 GBP |
| Financial Encoder | Accounting and Finance | 49,700 GBP |
| Financial Manager | Accounting and Finance | 165,900 GBP |
| Financial Manager | Accounting and Finance | 171,300 GBP |
| Financial Operations Manager | Accounting and Finance | 152,700 GBP |
| Financial Policy Analyst | Accounting and Finance | 91,600 GBP |
| Financial Project Manager | Accounting and Finance | 123,000 GBP |
| Financial Quantitative Analyst | Accounting and Finance | 105,200 GBP |
| Financial Reporting Consultant | Accounting and Finance | 86,100 GBP |
| Financial Reporting Manager | Accounting and Finance | 114,900 GBP |
| Financial Section Head | Accounting and Finance | 119,700 GBP |
| Financial Services Manager | Accounting and Finance | 152,700 GBP |
| Financial Services Sales Agent | Accounting and Finance | 67,000 GBP |
| Fixed Assets Administrator | Accounting and Finance | 63,900 GBP |
| Forensic Accountant | Accounting and Finance | 77,300 GBP |
| Fraud Detection Supervisor | Accounting and Finance | 75,900 GBP |
| Fraud Prevention Manager | Accounting and Finance | 123,800 GBP |
| Fund Accountant | Accounting and Finance | 59,000 GBP |
| Grants Coordinator | Accounting and Finance | 45,400 GBP |
| Group Financial Manager | Accounting and Finance | 183,900 GBP |
| Internal Auditor | Accounting and Finance | 83,300 GBP |
| Internal Control Adviser | Accounting and Finance | 99,100 GBP |
| Internal Control Officer | Accounting and Finance | 54,100 GBP |
| International Tax Director | Accounting and Finance | 142,300 GBP |
| Inventory Accountant | Accounting and Finance | 65,800 GBP |
| Investment Advisor | Accounting and Finance | 160,600 GBP |
| Investment Analyst | Accounting and Finance | 117,100 GBP |
| Investment Associate | Accounting and Finance | 105,800 GBP |
| Investment Broker | Accounting and Finance | 99,900 GBP |
| Investment Fund Manager | Accounting and Finance | 140,700 GBP |
| Investment Operations Manager | Accounting and Finance | 142,300 GBP |
| Investment Underwriter | Accounting and Finance | 51,500 GBP |
| Investor | Accounting and Finance | 76,900 GBP |
| Investor Relations Manager | Accounting and Finance | 118,900 GBP |
| KYC Team Leader | Accounting and Finance | 116,400 GBP |
| Loan Processor | Accounting and Finance | 48,500 GBP |
| Management Accountant | Accounting and Finance | 67,900 GBP |
| Management Economist | Accounting and Finance | 139,100 GBP |
| Paymaster | Accounting and Finance | 46,900 GBP |
| Payroll Administrator | Accounting and Finance | 80,500 GBP |
| Payroll Benefits Coordinator | Accounting and Finance | 70,700 GBP |
| Payroll Billing Manager | Accounting and Finance | 115,600 GBP |
| Payroll Clerk | Accounting and Finance | 54,100 GBP |
| Payroll Manager | Accounting and Finance | 111,700 GBP |
| Payroll Officer | Accounting and Finance | 56,100 GBP |
| Payroll Specialist | Accounting and Finance | 64,800 GBP |
| Payroll Supervisor | Accounting and Finance | 75,100 GBP |
| Pensions Administrator | Accounting and Finance | 63,900 GBP |
| Personal Financial Advisor | Accounting and Finance | 95,100 GBP |
| Pricing Analyst | Accounting and Finance | 100,700 GBP |
| Private Equity Analyst | Accounting and Finance | 112,700 GBP |
| Project Accountant | Accounting and Finance | 63,900 GBP |
| Proposal Development Coordinator | Accounting and Finance | 51,300 GBP |
| Receivables Accountant | Accounting and Finance | 59,500 GBP |
| Regulatory Accountant | Accounting and Finance | 69,200 GBP |
| Retirement Plan Analyst | Accounting and Finance | 97,300 GBP |
| Revenue Management Specialist | Accounting and Finance | 103,600 GBP |
| Revenue Recognition Analyst | Accounting and Finance | 115,600 GBP |
| Risk Management Director | Accounting and Finance | 152,700 GBP |
| Risk Management Supervisor | Accounting and Finance | 123,800 GBP |
| Staff Accountant | Accounting and Finance | 61,400 GBP |
| Tax Accountant | Accounting and Finance | 57,800 GBP |
| Tax Administrator | Accounting and Finance | 69,100 GBP |
| Tax Advisor | Accounting and Finance | 96,600 GBP |
| Tax Analyst | Accounting and Finance | 95,500 GBP |
| Tax Associate | Accounting and Finance | 49,700 GBP |
| Tax Consultant | Accounting and Finance | 99,100 GBP |
| Tax Director | Accounting and Finance | 142,100 GBP |
| Tax Examiner | Accounting and Finance | 64,800 GBP |
| Tax Manager | Accounting and Finance | 127,600 GBP |
| Tax Research Manager | Accounting and Finance | 128,200 GBP |
| Teller | Accounting and Finance | 36,800 GBP |
| Treasury Accountant | Accounting and Finance | 63,500 GBP |
| Treasury Analyst | Accounting and Finance | 102,700 GBP |
| Underwriter | Accounting and Finance | 42,400 GBP |
| Underwriting Assistant | Accounting and Finance | 44,300 GBP |
| Vice President of Finance | Accounting and Finance | 169,700 GBP |
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