14 of the Best-Paid Jobs in Finance

By Indeed Editorial Team

Updated 7 October 2022

Published 25 June 2021

The Indeed Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with Indeed's data and insights to deliver useful tips to help guide your career journey.

If you have recently graduated with a degree in finance or are considering studying finance at university, it can be important to consider the different career paths that you might take. A career in finance can provide very competitive pay, with many positions offering some of the highest salaries. In this article, we explore 14 of the highest-paying jobs you can work toward as a finance graduate.

Related: Top 10 Jobs That Pay Well in the UK

What is a job in finance?

A job in finance is a professional role that involves working with money. There are several career paths that you can pursue in the finance industry, many of which can allow you to collaborate with other finance experts and to work with clients frequently, which can be ideal for people who enjoy working with others. Jobs in finance also typically require excellent skills in data analysis and mathematics, as many finance careers focus on activities like evaluating the financial standing of organisations, developing budgets and preparing taxes for individuals and businesses.

Related: How to write a finance CV (with template)

14 of the best-paid jobs in finance

Here are 14 of the best-paid jobs that you can pursue in finance:

1. Financial advisor

National average salary: £40,880 per year

Primary duties: A financial advisor trades stocks for clients and helps develop plans that can help clients reach their financial goals. Financial advisors can meet with clients to discuss their current financial standing and goals for the future, recommend investment opportunities to clients that can benefit their financial profiles and conduct research on new investments that might be valuable. A financial advisor can also offer their clients information about different types of investments and their potential risks and rewards.

Related: The Essential Job Search Guide

2. Tax accountant

National average salary: £42,200 per year

Primary duties: A tax accountant is an accountant who specialises in organising taxes and developing strategies for tax management. Tax accountants can prepare documents for filing during tax season, schedule audits with taxation authorities and create plans for managing taxes that can minimise or defer tax payments. Many tax accountants work for accounting firms, but a tax accountant can also find employment with businesses, nonprofit organisations, government agencies and individual clients.

3. Finance manager

National average salary: £43,084 per year

Primary duties: A finance manager creates strategies that help companies manage their finances in order to maintain a positive financial standing. Finance managers can prepare financial reports to ensure they adhere to industry standards and regulations, analyse financial data to find ways that their clients can improve their financial activity and implement the new strategies they help to develop through new company policies. A finance manager can also make recommendations about investment opportunities that might benefit an organisation.

4. Investment analyst

National average salary: £44,629 per year

Primary duties: An investment analyst oversees investments taking place to ensure they follow all applicable regulations and to make recommendations to clients about opportunities they might benefit from investing in. Investment analysts can evaluate investments to determine their potential value, find new opportunities for businesses to invest in and conduct research on trends in the market to identify investment opportunities that might grow in value. An investment analyst can also specialise in a particular area, such as a specific industry, location or asset class.

Related: Analytical Skills: Definitions and Examples

5. Economist

National average salary: £45,383 per year

Primary duties: An economist is a finance professional who evaluates the cost and distribution of an organisation's resources. Their job can involve conducting research on trends in the market to inform the financial recommendations they give to clients, determining the cost of materials and services a company plans to purchase in the future and making recommendations about how an organisation can reduce expenses and maximise efficiency. Many economists also share their findings with corporations, academic organisations, and government agencies by submitting reports that detail their work.

6. Risk manager

National average salary: £48,618 per year

Primary duties: A risk manager analyses an organisation's financial activity to identify potential future causes of financial risk. Risk managers can develop contingency plans for responding to risks that might occur to protect an organisation's finances, create strategies for recovering any losses that an organisation experiences and recommend insurance plans that can help keep finances secure. A risk manager can also maintain positive relationships with professionals like brokers and insurers to establish business partnerships that can benefit all parties.

7. Senior financial analyst

National average salary: £50,052 per year

Primary duties: A senior financial analyst is a leader in finance who analyses the data of companies and government institutions to determine the state of their finances and offer advice on how they might improve their financial standings. This can involve collaborating with senior executives on the development of new company policies, organising a company's budget and helping complete transactions like mergers and acquisitions. Senior finance analysts also typically work closely with a team of specialists and other analysts to help consider every aspect of an organisations' finances.

8. Financial controller

National average salary: £56,190 per year

Primary duties: A financial controller acts as the lead of a company's accounting department. Financial controllers can oversee a company's accounting operations to ensure they're efficient, develop new policies for a company's accounting procedures to improve accounting operations and set up bank accounts for companies and departments within a company. A financial controller can also review a company's recorded financial data to verify that it contains accurate information and follows the correct formatting guidelines.

9. Equity analyst

National average salary: £59,154 per year

Primary duties: An equity analyst evaluates a company's stock to determine its potential value. An equity analyst's job can involve conducting research on a particular stock's behaviour in the stock market, creating projections for how they believe a company's stock might perform in the future and making recommendations for when a company might sell or purchase stock. Most equity analysts find employment at stock brokerages or financial firms that offer advice about investments.

10. Financial planning and analysis manager

National average salary: £62,066 per year

Primary duties: A financial planning and analysis manager engages in business forecasting to identify ways that a company can improve its operations and financial standing. This can include responsibilities like analysing existing financial procedures to determine their effectiveness, performing short-term cash flow analysis and forecasting and developing new systems and procedures that can enhance a company's operations. Financial planning and analysis managers can also answer questions about a company's financial projections for executives and shareholders.

11. Hedge fund analyst

National average salary: £77,681 per year

Primary duties: A hedge fund analyst is a finance professional who conducts research into a hedge fund's assets to determine which might be beneficial to trade. Hedge fund analysts can perform research on individual securities and markets to look for trends in behaviour, share their findings with trading teams to guide their portfolio management operations and identify new investment opportunities that can benefit a hedge fund and its shareholders. Another common responsibility of a hedge fund analyst is creating an investment thesis, which is a document that can show which of a company's stocks might offer a positive investment opportunity.

12. Tax director

National average salary: £82,852 per year

Primary duties: A tax director manages an organisation's taxes by developing strategies for filing paperwork, preparing reports and more. A tax director's job can involve monitoring a company's taxes to ensure their processes comply with tax regulations, performing accounting tasks to prepare an organisation's taxes for filing and organising financial paperwork, such as employee payroll documents. Tax directors can also create strategic tax plans to save their clients money by maximising their potential tax returns.

13. Director of analytics

National average salary: £85,098 per year

Primary duties: A director of analytics is an executive who focuses on gathering and analysing data they can use to improve a company's operations and financial standing. Directors of analytics can guide teams of analysts in conducting research on specific markets and business performance, develop metrics for evaluating quality and performance within a company and analyse their findings to create new strategies for a company to enhance its business. A director of analytics also often collaborates with other executives to make sure they consider all elements of a company during their research.

14. Chief financial officer

National average salary: £125,227 per year

Primary duties: A chief financial officer, or CFO, is a top-level executive who oversees a company's financial operations. Chief financial officers can organise budgets to ensure company funds are being used effectively, recommend new technological infrastructure that can enhance a company's financial operations and monitor a company's activity to make sure they remain in positive financial standing. A chief financial officer can also act as the leader of a company's finance department by supervising and offering guidance to finance staff members.

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