Skip to content
worldsalaries .com

Average Inventory Accountant Salary in United Kingdom for 2026

An inventory accountant in United Kingdom earns about 51,600 GBP a year. That's 26% 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 25,800 GBP a year, while the very top stretches to 76,900 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 an inventory accountant make in United Kingdom?

Average salary
51,600 GBP
4,300 GBP per month
Lowest reported
25,800 GBP
2,150 GBP per month
Highest reported
76,900 GBP
6,408 GBP per month

A typical inventory accountant working in United Kingdom brings home around 4,300 GBP a month before tax. Entry-level pay starts near 25,800 GBP, and the top of the ladder reaches roughly 76,900 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 inventory 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 inventory accountant salary in Guernsey or Jersey, both of which pay in the same currency.


How inventory 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 inventory accountants in United Kingdom earn less than 50,000 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 35,500 GBP (the 25th percentile), and a quarter clear 62,100 GBP (the 75th percentile). The middle 50% of inventory accountants sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 25,800 GBP. The highest stretch to 76,900 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.

25,800
Low
50,000
Median
76,900
High
35,500
25th
62,100
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Inventory accountant pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for an inventory 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 inventory accountant salary changes as you move through the career ladder.

  • 0-2 Years
    31,200 GBP
  • 2-5 Years
    +32% from previous
    41,300 GBP
  • 5-10 Years
    +24% from previous
    51,400 GBP
  • 10-15 Years
    +24% from previous
    63,500 GBP
  • 15-20 Years
    +9% from previous
    69,400 GBP
  • 20+ Years
    +5% from previous
    72,700 GBP

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 32%. That is the point at which a inventory 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.


Inventory accountant pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving inventory 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 inventory 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
    +13% from previous
    39,800 GBP
  • Bachelor's Degree
    +47% from previous
    58,500 GBP
  • Master's Degree
    +22% from previous
    71,100 GBP

Inventory 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 inventory accountants in United Kingdom earn an average of 51,400 GBP a year, while female inventory accountants earn around 50,500 GBP. That works out to a 2% 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.

Inventory Accountant gender pay gap

2%

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

Men 51,400 GBP
Women 50,500 GBP

Pay raises for an inventory 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

Inventory 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.

55%

55% of inventory accountants in United Kingdom reported a bonus of some kind in the past twelve months. That makes an inventory 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 5% of base salary. The remaining 45% of inventory 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

Inventory 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

Inventory accountant salary by city and region in United Kingdom

Inventory 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
  • London
  • Manchester
  • Glasgow
  • Sheffield
  • Cardiff
  • Coventry
LocationTypeAverageMedianRange
EnglandRegion99,700 GBP94,300 GBP52,000-152,900 GBP
ScotlandRegion75,800 GBP78,700 GBP35,400-121,800 GBP
BirminghamCity63,900 GBP67,300 GBP27,700-98,300 GBP
LeedsCity63,000 GBP58,200 GBP32,900-94,500 GBP
LondonCity62,100 GBP66,700 GBP29,000-95,600 GBP
ManchesterCity61,700 GBP59,800 GBP30,200-95,500 GBP
GlasgowCity61,400 GBP58,200 GBP32,200-92,400 GBP
SheffieldCity60,700 GBP56,600 GBP30,600-93,800 GBP
CardiffCity60,400 GBP60,400 GBP30,800-90,600 GBP
CoventryCity58,600 GBP55,700 GBP31,700-91,700 GBP
LiverpoolCity58,600 GBP58,600 GBP28,900-90,000 GBP
LeicesterCity58,100 GBP57,400 GBP26,500-87,900 GBP
BrightonCity57,900 GBP60,700 GBP27,100-90,300 GBP
BelfastCity57,800 GBP55,400 GBP30,100-84,300 GBP
SomersetCity57,400 GBP57,400 GBP27,400-90,900 GBP
Kingston upon HullCity57,200 GBP60,400 GBP26,200-88,600 GBP
BradfordCity57,000 GBP54,200 GBP29,300-86,600 GBP
BristolCity56,400 GBP54,200 GBP30,800-86,100 GBP
YorkCity56,100 GBP55,400 GBP29,000-85,400 GBP
OxfordCity55,700 GBP49,700 GBP27,700-82,200 GBP
PortsmouthCity55,400 GBP59,700 GBP23,600-87,500 GBP
SwanseaCity55,300 GBP58,800 GBP27,300-90,900 GBP
NewcastleCity55,200 GBP58,600 GBP27,300-90,600 GBP
DerbyCity55,100 GBP55,100 GBP28,800-86,400 GBP
NottinghamCity54,500 GBP56,600 GBP27,100-88,600 GBP
PlymouthCity54,200 GBP52,600 GBP28,900-85,100 GBP
EdinburghCity54,200 GBP56,600 GBP27,100-88,600 GBP
NorwichCity54,100 GBP52,000 GBP29,600-83,700 GBP
PooleCity54,100 GBP54,100 GBP25,800-84,800 GBP
WolverhamptonCity53,800 GBP60,400 GBP23,600-86,600 GBP
SouthamptonCity53,300 GBP56,100 GBP24,400-84,900 GBP
StirlingCity52,600 GBP52,600 GBP27,600-79,000 GBP
DundeeCity52,300 GBP49,700 GBP27,400-82,200 GBP
GloucesterCity52,000 GBP54,700 GBP25,300-82,300 GBP
CambridgeCity52,000 GBP53,600 GBP22,800-80,000 GBP
HartlepoolCity51,900 GBP51,600 GBP25,500-79,600 GBP
LincolnCity51,900 GBP47,400 GBP28,900-80,400 GBP
AberdeenCity51,900 GBP54,500 GBP22,800-83,800 GBP
ArmaghCity51,800 GBP55,200 GBP23,300-80,800 GBP
NewryCity51,400 GBP53,300 GBP24,400-79,800 GBP
PeterboroughCity51,400 GBP54,300 GBP24,400-81,000 GBP
DerryCity51,300 GBP55,700 GBP26,500-83,400 GBP
DurhamCity49,800 GBP55,400 GBP23,800-79,000 GBP
InvernessCity49,700 GBP51,800 GBP25,400-78,200 GBP
LisburnCity49,400 GBP44,200 GBP27,400-71,700 GBP
ChesterCity49,300 GBP50,700 GBP22,400-75,900 GBP
CanterburyCity49,200 GBP45,600 GBP27,000-75,900 GBP
WinchesterCity49,200 GBP49,200 GBP23,700-77,300 GBP
NewportCity49,200 GBP55,700 GBP22,200-80,900 GBP
SalisburyCity49,000 GBP51,600 GBP22,100-74,600 GBP
ExeterCity48,300 GBP48,000 GBP25,700-75,100 GBP
AbingdonCity48,300 GBP45,600 GBP27,300-74,600 GBP
WalesRegion47,400 GBP50,000 GBP24,400-74,200 GBP
TruroCity47,400 GBP46,200 GBP25,700-72,000 GBP
RiponCity46,900 GBP49,400 GBP23,600-73,800 GBP
StrontianCity46,400 GBP46,400 GBP23,500-71,000 GBP
St DavidsCity46,400 GBP43,100 GBP23,500-69,700 GBP
WakefieldCity45,800 GBP46,700 GBP22,200-71,900 GBP
Northern IrelandRegion45,800 GBP45,000 GBP23,600-70,600 GBP
BangorCity45,200 GBP43,200 GBP24,800-69,400 GBP
WellsCity45,000 GBP42,800 GBP23,600-68,200 GBP
StromnessCity45,000 GBP47,400 GBP21,200-71,000 GBP
KirkwallCity43,800 GBP40,600 GBP24,800-69,800 GBP


Inventory Accountant in United Kingdom: FAQs

  • How much does an inventory accountant make per month in United Kingdom?

    An inventory accountant in United Kingdom earns about 4,300 GBP a month before tax, based on an annual average of 51,600 GBP.

  • What's the salary range for an inventory accountant in United Kingdom?

    Entry-level inventory accountants in United Kingdom start near 25,800 GBP. Top-end pay reaches around 76,900 GBP. The middle 50% of earners sit between 35,500 and 62,100 GBP.

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

    The median is 50,000 GBP, lower than the average of 51,600 GBP. Half of inventory accountants in United Kingdom earn below the median, half earn above it.

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

    Men working as an inventory accountant in United Kingdom earn around 2% more than women on average (51,400 vs 50,500 GBP a year).

  • Do inventory accountants in United Kingdom get bonuses?

    About 55% of inventory accountants in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 5% of base salary.

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

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

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

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