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Average Fund Accountant Salary in United Kingdom for 2026

A fund accountant in United Kingdom earns about 47,100 GBP a year. That's 32% below the national average of 69,700 GBP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United Kingdom sit around 23,400 GBP a year, while the very top stretches to 73,300 GBP. Everything on this page is in British pound (GBP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United Kingdom, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United Kingdom into a take-home figure, use our United Kingdom salary after tax calculator, which works the latest tax brackets and contributions through the math for you.


How much does a fund accountant make in United Kingdom?

Average salary
47,100 GBP
3,925 GBP per month
Lowest reported
23,400 GBP
1,950 GBP per month
Highest reported
73,300 GBP
6,108 GBP per month

A typical fund accountant working in United Kingdom brings home around 3,925 GBP a month before tax. Entry-level pay starts near 23,400 GBP, and the top of the ladder reaches roughly 73,300 GBP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior fund accountant working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the fund accountant salary in Guernsey or Jersey, both of which pay in the same currency.


How fund accountant pay ranges in United Kingdom

A good way to think about salary in United Kingdom is to look at the distribution rather than the headline average. Half of all fund accountants in United Kingdom earn less than 48,500 GBP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 32,900 GBP (the 25th percentile), and a quarter clear 64,300 GBP (the 75th percentile). The middle 50% of fund accountants sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 23,400 GBP. The highest stretch to 73,300 GBP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

23,400
Low
48,500
Median
73,300
High
32,900
25th
64,300
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Fund accountant pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for a fund accountant in United Kingdom, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical fund accountant salary changes as you move through the career ladder.

  • 0-2 Years
    26,500 GBP
  • 2-5 Years
    +38% from previous
    36,500 GBP
  • 5-10 Years
    +38% from previous
    50,500 GBP
  • 10-15 Years
    +23% from previous
    62,100 GBP
  • 15-20 Years
    +5% from previous
    65,400 GBP
  • 20+ Years
    +8% from previous
    70,900 GBP

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 38%. That is the point at which a fund accountant typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Fund accountant pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving fund accountant pay in United Kingdom. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average fund accountant salary in United Kingdom broken down by the highest level of education a worker has completed.

  • High School
    35,300 GBP
  • Certificate or Diploma
    +8% from previous
    38,000 GBP
  • Bachelor's Degree
    +39% from previous
    52,800 GBP
  • Master's Degree
    +26% from previous
    66,400 GBP

Fund accountant gender pay gap in United Kingdom

The gender pay gap is a stubborn feature of almost every labour market, and United Kingdom is no exception. Male fund accountants in United Kingdom earn an average of 48,500 GBP a year, while female fund accountants earn around 48,200 GBP. That works out to a 1% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Fund Accountant gender pay gap

1%

Men earn this much more than women on average in United Kingdom.

Men 48,500 GBP
Women 48,200 GBP

Pay raises for a fund accountant in United Kingdom

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United Kingdom sees a raise of about 12% every 14 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United Kingdom, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in United Kingdom:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Fund accountant bonus rates in United Kingdom

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

58%

58% of fund accountants in United Kingdom reported a bonus of some kind in the past twelve months. That makes a fund accountant a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 6% of base salary. The remaining 42% of fund accountants reported no bonus at all over the same period.

Which careers pay bonuses in United Kingdom

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Fund accountant: public vs private sector pay

Public-sector pay in United Kingdom is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United Kingdom on average.

Public sector 72,700 GBP
Private sector 68,200 GBP

Fund accountant salary by city and region in United Kingdom

Fund accountant pay is not even across United Kingdom. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • England
  • Scotland
  • Birmingham
  • Leeds
  • Glasgow
  • Sheffield
  • Bristol
  • Manchester
  • Nottingham
  • London
LocationTypeAverageMedianRange
EnglandRegion95,100 GBP97,600 GBP46,100-148,300 GBP
ScotlandRegion64,800 GBP70,800 GBP29,100-102,700 GBP
BirminghamCity58,600 GBP61,700 GBP25,800-90,900 GBP
LeedsCity57,400 GBP51,900 GBP30,200-86,800 GBP
GlasgowCity57,400 GBP52,300 GBP30,200-85,800 GBP
SheffieldCity57,200 GBP58,700 GBP27,400-89,800 GBP
BristolCity57,200 GBP58,200 GBP26,300-87,400 GBP
ManchesterCity57,000 GBP51,800 GBP31,200-87,300 GBP
NottinghamCity55,100 GBP57,400 GBP27,600-86,600 GBP
LondonCity54,900 GBP60,200 GBP27,400-86,800 GBP
Kingston upon HullCity54,300 GBP57,000 GBP23,600-81,900 GBP
EdinburghCity53,800 GBP58,700 GBP27,400-87,500 GBP
SomersetCity53,600 GBP54,600 GBP27,600-83,300 GBP
BrightonCity53,300 GBP51,300 GBP27,300-80,800 GBP
PortsmouthCity52,000 GBP54,900 GBP22,000-80,500 GBP
LiverpoolCity51,900 GBP55,100 GBP26,500-84,200 GBP
LeicesterCity51,900 GBP51,600 GBP25,500-79,600 GBP
DerbyCity51,800 GBP56,100 GBP26,500-82,200 GBP
CoventryCity51,500 GBP51,500 GBP24,800-81,000 GBP
BelfastCity51,500 GBP52,300 GBP27,400-79,600 GBP
SwanseaCity51,300 GBP49,200 GBP24,200-78,200 GBP
CardiffCity51,100 GBP54,100 GBP25,700-83,800 GBP
SouthamptonCity50,800 GBP51,500 GBP22,200-78,200 GBP
AberdeenCity50,100 GBP50,000 GBP27,300-79,000 GBP
YorkCity49,800 GBP47,500 GBP24,800-74,600 GBP
NewportCity49,700 GBP55,200 GBP23,800-78,500 GBP
BradfordCity49,700 GBP48,600 GBP26,900-76,800 GBP
DerryCity49,700 GBP52,000 GBP21,300-75,100 GBP
WolverhamptonCity49,400 GBP54,300 GBP23,800-79,600 GBP
NewcastleCity49,200 GBP50,500 GBP27,600-78,500 GBP
PeterboroughCity49,200 GBP47,200 GBP24,800-75,800 GBP
ExeterCity49,000 GBP45,600 GBP23,700-70,500 GBP
ArmaghCity48,600 GBP45,900 GBP25,300-71,400 GBP
OxfordCity48,600 GBP42,700 GBP26,600-72,700 GBP
GloucesterCity48,000 GBP47,100 GBP23,600-74,600 GBP
LincolnCity47,400 GBP47,400 GBP24,800-76,600 GBP
NorwichCity47,100 GBP48,500 GBP23,400-76,000 GBP
PlymouthCity46,900 GBP46,900 GBP26,200-77,300 GBP
CambridgeCity46,700 GBP48,000 GBP20,000-71,200 GBP
PooleCity46,700 GBP49,200 GBP21,500-76,000 GBP
WinchesterCity45,600 GBP49,000 GBP23,200-73,100 GBP
NewryCity45,600 GBP45,200 GBP24,800-72,400 GBP
DundeeCity45,300 GBP46,700 GBP22,800-71,900 GBP
WalesRegion45,200 GBP44,500 GBP22,200-71,100 GBP
Northern IrelandRegion45,000 GBP42,000 GBP25,300-66,100 GBP
StrontianCity45,000 GBP39,500 GBP21,300-65,400 GBP
DurhamCity44,900 GBP47,800 GBP18,600-68,500 GBP
InvernessCity44,900 GBP42,500 GBP23,800-67,400 GBP
SalisburyCity44,700 GBP45,000 GBP21,300-68,400 GBP
CanterburyCity44,700 GBP40,700 GBP25,300-66,200 GBP
WakefieldCity44,500 GBP42,500 GBP23,800-66,900 GBP
ChesterCity44,500 GBP42,500 GBP23,800-67,400 GBP
KirkwallCity44,300 GBP44,300 GBP20,100-66,400 GBP
StirlingCity43,800 GBP44,500 GBP23,000-68,800 GBP
LisburnCity43,800 GBP38,900 GBP23,300-66,400 GBP
HartlepoolCity43,100 GBP45,600 GBP23,200-71,100 GBP
WellsCity42,700 GBP42,700 GBP23,000-64,200 GBP
TruroCity42,700 GBP41,900 GBP23,300-67,200 GBP
BangorCity42,600 GBP42,600 GBP19,300-65,500 GBP
RiponCity42,500 GBP38,000 GBP20,400-63,900 GBP
St DavidsCity41,900 GBP39,100 GBP20,000-63,100 GBP
AbingdonCity41,400 GBP41,400 GBP21,700-64,900 GBP
StromnessCity40,600 GBP44,200 GBP17,800-66,400 GBP


Fund Accountant in United Kingdom: FAQs

  • How much does a fund accountant make per month in United Kingdom?

    A fund accountant in United Kingdom earns about 3,925 GBP a month before tax, based on an annual average of 47,100 GBP.

  • What's the salary range for a fund accountant in United Kingdom?

    Entry-level fund accountants in United Kingdom start near 23,400 GBP. Top-end pay reaches around 73,300 GBP. The middle 50% of earners sit between 32,900 and 64,300 GBP.

  • Is the median fund accountant salary in United Kingdom higher or lower than the average?

    The median is 48,500 GBP, higher than the average of 47,100 GBP. Half of fund accountants in United Kingdom earn below the median, half earn above it.

  • What's the gender pay gap for fund accountants in United Kingdom?

    Men working as a fund accountant in United Kingdom earn around 1% more than women on average (48,500 vs 48,200 GBP a year).

  • Do fund accountants in United Kingdom get bonuses?

    About 58% of fund accountants in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 6% of base salary.

  • Do fund accountants earn more in the public or private sector in United Kingdom?

    In United Kingdom, the public sector pays a fund accountant about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do fund accountants in United Kingdom get a pay raise?

    A fund accountant in United Kingdom sees a raise of around 12% every 14 months, equivalent to roughly 10% a year.