2016 Accounting & Finance Salary & Benefits Guide - Permanent

Jay Davitt, ACA 12.01.2016

As part of the Accounting & Finance 2016 Salary & Benefits Guide, here is a look at the salary ranges for professionals working in Ireland within accounting & finance, commerce & industry.

Candidates have multiple options

The Accounting & Finance recruitment market has risen in line with general  economic growth.  This shift from pure reporting roles has continued with employers expecting accountants to bring a commercial mindset to their positions in addition to pure technical ability.  Renumeration for those individuals who can add value to an organisation has grown at a sharper pace than those purely involved in historical reporting.  As always, the expected earnings of any accountant is aligned to their own capability and will reflect the extra value they are bringing to a business above their core capability.

Small and Medium sized businesses continued to make progress with demand trending upwards year on year, with a notable uplift from the construction sector.
There has been a steady increase in recruitment into commercial roles in larger organisations, with the creation of new mid-level to senior roles such as commercial controllers, financial planning and analysis and finance partners. In particular, we have seen a number of companies combining finance and business functions, such as Sales Director, to maximise pricing and revenues.

Organisations are now looking to improve processes so relevant project experience, such as Six Sigma, is generally highly sought after. Professional services businesses, including the larger practices, have been very active recruiting specialist analysts to provide additional support.

There continues to be high demand for recently qualified accountants coming from the larger practices creating  upward pressure on salaries, especially for group-level roles.  Employers looking to fill internally focused roles or pure reporting roles from this candidate community are often losing out to what are perceived to be more interesting opportunities.

In 2016 we expect to see marginal increases in base salaries balanced by increased bonus payments, guaranteed bonuses and some improvements in benefits. Top tier talent is being well looked after.

 

Accounting & Finance, Commerce & Industry
(small companies < 100 employees)

RoleYears' ExperienceDublin
Cork
Limerick
Waterford
Financial Director0 - 375,000 - 85,00072,000 - 75,00067,000 - 70,00067,000 - 70,000
3 - 585,000 - 90,00075,000 - 85,00070,000 - 80,00070,000 - 80,000
5+90,000 - 110,00085,000 - 100,00080,000 - 95,00080,000 - 95,000
Financial Controller0 - 365,000 - 75,00060,000 - 70,00055,000 - 65,00055,000 - 65,000
3 - 575,000 - 80,00070,000 - 75,00065,000 - 70,00065,000 - 70,000
5+80,000 - 90,00075,000 - 80,00070,000 - 75,00070,000 - 75,000
Finance Manager0 - 355,000 - 65,00055,000 - 60,00050,000 - 55,00050,000 - 55,000
3 - 565,000 - 70,00060,000 - 65,00055,000 - 60,00055,000 - 60,000
5+70,000 - 75,00065,000 -70,00060,000 - 65,00060,000 - 70,000
Management Accountant
(Qualified)
0 - 340,000 - 50,00040,000 - 46,00040,000 - 45,00038,000 - 45,000
3 - 550,000 - 60,00046,000 - 55,00045,000 - 50,00045,000 - 50,000
5+55,000 - 65,00055,000 - 60,00050,000 - 55,00048,000 - 55,000
Financial Accountant
(Qualified)
0 - 340,000 - 50,00040,000 - 46,00040,000 - 44,00038,000 - 42,000
3 - 555,000- 60,00046,000 - 55,00044,000 - 48,00042,000 - 47,000
5+55,000 - 65,00055,000 - 60,00048,000 - 50,00047,000 - 50,000
Company Accountant0 - 345,000 - 55,00040,000 - 46,00040,000 - 44,00039,000 - 43,000
3 - 555,000 - 60,00046,000 - 55,00044,000 - 48,00043,000 - 47,000
5+60,000 - 65,00055,000 - 60,00048,000 - 50,00047,000 - 50,000
Systems Accountant0 - 350,000 - 60,00040,000 - 46,00040,000 - 44,00039,000 - 43,000
3 - 560,000 - 65,00046,000 - 55,00044,000 - 47,00043,000 - 46,000
5+65,000 -75,00055,000 - 60,00048,000 - 50,00047,000 - 50,000
Project Accountant0 - 345,000 - 55,00040,000 - 46,00040,000 - 45,00040,000 - 45,000
3 - 555,000 - 60,00046,000 - 55,00045,000 - 50,00045,000 - 50,000
5+60,000 - 70,00055,000 - 60,00050,000 - 60,00050,000 - 57,000
Assistant Management Accountant0 - 330,000 - 35,00026,000 - 33,00025,000 - 30,00024,000 - 29,000
3 - 535,000 - 40,00033,000 - 35,00030,000 - 34,00029,000 - 34,000
5+40,000 - 45,00035,000 - 38,00034,000 - 40,00034,000 - 36,000
Assistant Financial Accountant0 - 330,000 - 35,00025,000 - 30,00022,000 - 30,00024,000 - 28,000
3 - 535,000 - 40,00030,000 - 35,00030,000 - 34,00028,000 - 34,000
5+40,000 - 45,00030,000 - 35,00034,000 - 40,00034,000 - 36,000
Tax Accountant0 - 338,000 - 45,00035,000 - 40,00028,000 - 35,00028,000 - 34,000
3 - 545,000 - 50,00040,000 - 48,00035,000 - 45,00034,000 - 38,000
5+50,000 - 55,00048,000 - 55,00045,000 - 55,00038,000 - 45,000
Credit Controller0 - 324,000 - 28,00023,000 - 25,00020,000 - 24,00018,000 - 24,000
3 - 528,000 - 33,00025,000 - 30,00024,000 - 28,00024,000 - 27,000
5+32,000 - 36,00030,000 - 32,00028,000 - 32,00027,000 - 32,000
Payroll Clerk0 - 325,000 - 28,00024,000 - 28,00020,000 - 24,00019,000 - 23,000
3 - 528,000 - 33,00028,000 - 33,00024,000 - 28,00023,000 - 28,000
5+33,000 - 40,00034,000 - 40,00028,000 - 35,00028,000 - 35,000
Accounts Supervisor0 - 332,000 - 38,00030,000 - 35,00028,000 - 34,00028,000 - 34,000
3 - 538,000 - 41,00035,000 - 40,00034,000 - 38,00034,000 - 36,000
5+40,000 - 46,00040,000 - 43,00038,000 - 40,00036,000 - 38,000
Accounts Payable Clerk0 - 324,000 - 28,00022,000 - 24,00020,000 - 24,00020,000 - 24,000
3 - 528,000 - 33,00024,000 - 26,00024,000 - 26,00024,000 - 26,000
5+33,000 - 36,00026,000 - 30,00026,000 - 28,00026,000 - 28,000
Accounts Receivable Clerk0 - 324,000 - 28,00022,000 - 24,00020,000 - 24,00020,000 - 24,000
3 - 528,000 - 32,00024,000 - 26,00024,000 - 26,00024,000 - 26,000
5+32,000 - 36,00028,000 - 32,00026,000 - 30,00026,000 - 30,000
AP Manager0 - 335,000 - 40,00032,000 - 37,00032,000 - 37,00032,000 - 38,000
3 - 540,000 - 45,00038,000 - 42,00038,000 - 42,00038,000 - 42,000
5+45,000 - 50,00042,000 - 47,00042,000 - 47,00042,000 - 47,000
AR Manager0 - 335,000 - 40,00032,000-38,00032,000 - 38,00032,000 - 38,000
3 - 540,000 - 45,00038,000 - 42,00038,000 - 42,00038,000 - 42,000
5+45,000 - 50,00042,000 - 47,00042,000 - 47,00042,000 - 47,000
Accounts Assistant0 - 324,000 - 28,00022,000 - 26,00020,000 - 24,00021,000 - 24,000
3 - 528,000 - 33,00026,000 - 30,00024,000 - 26,00024,000 - 26,000
5+33,000 - 36,00030,000 - 35,00026,000 - 30,00026,000 - 29,000
Bookkeeper0 - 322,000 - 25,00022,000 - 24,00020,000 - 22,00020,000 - 22,000
3 - 525,000 - 30,00024,000 - 28,00022,000 - 25,00022,000 - 25,000
5+31,000 - 36,00028,000 - 32,00025,000 - 30,00025,000 - 30,000
Graduate / Trainee Accountant0 - 323,000 - 27,00018,000 - 22,00018,000 - 20,00016,000 - 20,000

Accounting & Finance, Commerce & Industry
(medium companies 100 - 500 employees)

RoleYears' ExperienceDublin
Cork
Limerick
Waterford
Financial Director0 - 380,000 - 100,00080,000 - 90,00070,000 - 80,00065,000 - 70,000
3 - 5100,000 - 120,00090,000 - 100,00080,000 - 95,00070,000 - 90,000
5+120,000 -140,000100,000 - 130,00095,000 - 115,00090,000 - 110,000
Financial Controller0 - 375,000 - 80,00065,000 - 75,00060,000 - 70,00055,000 - 65,000
3 - 580,000 - 90,00075,000 - 85,00070,000 - 80,00065,000 - 75,000
5+90,000 - 100,00085,000 - 100,00080,000 - 90,00077,000 - 87,000
Finance Manager0 - 365,000 - 75,00055,000 - 65,00055,000 - 65,00055,000 - 65,000
3 - 575,000 - 80,00065,000 - 75,00065,000 - 75,00065,000 - 75,000
5+80,000 - 85,00075,000 - 85,00075,000 - 85,00075,000 - 85,000
Management Accountant
(Qualified)
0 - 348,000 - 55,00042,000 - 50,00040,000 - 45,00038,000 - 45,000
3 - 555,000 - 60,00050,000 - 55,00045,000 - 55,00045,000 - 50,000
5+60,000 - 65,00055,000 - 65,00050,000 - 65,00050,000 - 60,000
Financial Accountant
(Qualified)
0 - 345,000 - 50,00042,000 - 50,00040,000 - 45,00035,000 - 45,000
3 - 550,000 - 60,00050,000 - 55,00045,000 - 55,00045,000 - 55,000
5+60,000 - 70,00055,000 - 65,00055,000 - 65,00055,000 - 60,000
Company Accountant0 - 350,000 - 55,00042,000 - 50,00040,000 - 45,00040,000 - 45,000
3 - 555,000 - 60,00050,000 - 55,00045,000 - 50,00045,000 - 50,000
5+60,000 - 65,00055,000 - 65,00050,000 - 60,00050,000 - 60,000
Systems Accountant0 - 350,000 - 60,00042,000 - 50,00040,000 - 45,00038,000 - 45,000
3 - 560,000 - 65,00050,000 - 55,00045,000 - 50,00045,000 - 50,000
5+65,000 - 70,00055,000 - 65,00050,000 - 60,00050,000 - 60,000
Project Accountant0 - 345,000 - 50,00042,000 - 50,00040,000 - 50,00038,000 - 50,000
3 - 550,000 - 65,00050,000 - 55,00050,000 - 55,00050,000 - 55,000
5+65,000 - 70,00055,000 - 65,00055,000 - 60,00055,000 - 60,000
Commercial Accountant0 - 345,000 - 50,00042,000 - 50,00040,000 - 45,00038,000 - 45,000
3 - 550,000 - 65,00050,000 - 55,00045,000 - 55,00045,000 - 53,000
5+65,000 - 75,00055,000 - 65,00055,000 - 65,00053,000 - 65,000
Assistant Management Accountant0 - 330,000 - 35,00026,000 - 30,00022,000 - 28,00018,000 - 28,000
3 - 535,000 - 38,00030,000 - 35,00028,000 - 34,00028,000 - 34,000
5+38,000 - 45,00035,000 - 40,00034,000 - 40,00034,000 - 38,000
Assistant Financial Accountant0 - 330,000 - 35,00026,000 - 30,00022,000 - 25,00020,000 - 25,000
3 - 535,000 - 38,00030,000 - 35,00025,000 - 32,00025,000 - 32,000
5+38,000 - 45,00035,000 - 40,00032,000 - 36,00032,000 - 36,000
Tax Accountant0 - 340,000 - 50,00038,000 - 45,00038,000 - 40,00038,000 - 40,000
3 - 550,000 - 65,00045,000 - 55,00040,000 - 45,00040,000 - 45,000
5+65,000 -75,00055,000 - 60,00045,000 - 52,00045,000 - 50,000
Credit Controller0 - 325,000 - 28,00023,000 - 25,00023,000 - 25,00023,000 - 25,000
3 - 528,000 - 32,00025,000 - 28,00025,000 - 28,00025,000 - 27,000
5+32,000 - 38,00030,000 - 34,00028,000 - 32,00028,000 - 32,000
Payroll Manager0 - 340,000 - 45,00036,000 – 42,00034,000 – 38,00034,000 – 38,000
3 - 545,000 - 50,00042,000 – 47,00038,000 – 40,00038,000 - 40,000
5+50,000 - 60,00047,000 – 52,00040,000 – 45,00040,000 - 45,000
Payroll Clerk0 - 325,000 - 28,00022,000 - 25,00022,000 - 25,00022,000 - 25,000
3 - 528,000 - 35,00025,000 - 30,00025,000 - 28,00025,000 - 28,000
5+35,000 - 40,00030,000 - 38,00028,000 - 32,00028,000 - 32,000
Accounts Supervisor0 - 332,000 -37,00030,000 - 35,00027,000 - 30,00027,000 - 30,000
3 - 537,000 - 42,00035,000 - 40,00030,000 - 35,00030,000 - 35,000
5+42,000 - 45,00040,000 - 45,00035,000 - 38,00035,000 - 38,000
Accounts Payable Clerk0 - 325,000 -28,00022,000 - 25,00022,000 - 25,00022,000 - 24,000
3 - 528,000 - 32,00025,000 - 28,00025,000 - 28,00024,000 - 28,000
5+32,000 - 36,00028,000 - 30,00028,000 - 30,00028,000 - 30,000
Accounts Receivable Clerk0 - 325,000 - 28,00022,000 - 24,00022,000 - 25,00022,000 - 25,000
3 - 528,000 - 32,00024,000 - 27,00025,000 - 28,00025,000 - 28,000
5+32,000 -35,00027,000 - 32,00028,000 - 30,00028,000 - 32,000
AP Manager0 - 345,000 - 50,00038,000 - 43,00035,000 - 40,00032,000 - 39,000
3 - 550,000 - 55,00043,000 - 48,00040,000 - 45,00039,000 - 45,000
5+55,000 - 60,00048,000 - 54,00045,000 - 55,00045,000 - 55,000
AR Manager0 - 345,000 - 50,00038,000 - 42,00035,000 - 40,00034,000 - 38,000
3 - 550,000 - 55,00042,000 - 48,00040,000 - 45,00038,000 - 44,000
5+55,000 - 60,00048,000 - 54,00045,000 - 55,00045,000 - 55,000
Accounts Assistant0 - 325,000 - 28,00022,000 - 24,00022,000 - 24,00021,000 - 24,000
3 - 528,000 - 33,00024,000 - 29,00024,000 - 27,00024,000 - 27,000
5+33,000 - 35,00029,000 - 32,00027,000 - 30,00027,000 - 30,000
Bookkeeper0 - 325,000 - 27,00020,000 - 22,00020,000 - 22,00020,000 - 22,000
3 - 527,000 - 32,00022,000 - 25,00022,000 - 24,00022,000 - 24,000
5+32,000 - 40,00025,000 - 28,00024,000 - 28,00024,000 - 28,000
Graduate / Trainee Accountant0 - 320,000 -25,00018,000 - 25,00020,000 - 23,00020,000 - 23,000

Accounting & Finance, Commerce & Industry
(large companies 500+ employees)

RoleYears' ExperienceDublin
Cork
Limerick
Waterford
Financial Director0 - 390,000 - 110,00080,000 - 100,00075,000 - 85,00065,000 - 80,000
3 - 5110,000 - 130,000100,000 - 110,00085,000 - 100,00080,000 - 95,000
5+130,000 - 150,000110,000 - 120,000100,000 - 120,00095,000 - 110,000
Financial Controller0 - 375,000 - 85,00065,000 - 80,00065,000 - 75,00065,000 - 75,000
3 - 585,000 - 95,00080,000 - 85,00075,000 - 85,00075,000 - 80,000
5+95,000 - 110,00085,000 - 100,00085,000 - 95,00080,000 - 90,000
Finance Manager0 - 370,000 - 80,00065,000 - 75,00065,000 - 70,00065,000 - 70,000
3 - 580,000 - 85,00075,000 - 80,00070,000 - 75,00070,000 - 75,000
5+85,000 - 95,00080,000 - 85,00075,000 - 85,00075,000 - 85,000
Management Accountant0 - 350,000 - 55,00042,000 - 50,00040,000 - 45,00040,000 - 45,000
3 - 555,000 - 60,00050,000 - 55,00045,000 - 55,00045,000 - 55,000
5+60,000 - 70,00055,000 - 65,00055,000 - 60,00055,000 - 60,000
Financial Accountant0 - 350,000 - 55,00042,000 - 50,00040,000 - 45,00040,000 - 45,000
3 - 555,000 - 65,00050,000 - 55,00045,000 - 50,00045,000 - 50,000
5+65,000 - 70,00055,000 - 65,00050,000 - 60,00050,000 - 60,000
Company Accountant0 - 345,000 - 55,00042,000 - 50,00040,000 - 45,00040,000 - 45,000
3 - 555,000 - 60,00050,000 - 55,00045,000 - 50,00045,000 - 50,000
5+60,000 - 65,00055,000 - 65,00050,000 - 60,00050,000 - 60,000
Systems Accountant0 - 350,000 - 60,00042,000 - 50,00040,000 - 45,00040,000 - 45,000
3 - 560,000 - 75,00050,000 - 55,00045,000 - 55,00045,000 - 55,000
5+65,000 - 75,00055,000 - 65,00055,000 - 60,00055,000 - 60,000
Project Accountant0 - 350,000 - 60,00042,000 - 50,00040,000 - 45,00038,000 - 45,000
3 - 560,000 - 65,00050,000 - 55,00045,000 - 50,00045,000 - 50,000
5+65,000 - 75,00055,000 - 65,00050,000 - 60,00050,000 - 60,000
Commercial Accountant0 - 345,000 - 50,00042,000 - 50,00040,000 - 45,00040,000 - 45,000
3 - 550,000 - 65,00050,000 - 55,00045,000 - 50,00045,000 - 50,000
5+65,000 - 75,00055,000 - 65,00050,000 - 60,00050,000 - 60,000
Assistant Management Accountant0 - 330,000 - 35,00026,000 - 30,00025,000 - 28,00024,000 - 27,000
3 - 535,000 - 38,00030,000 - 35,00028,000 - 32,00027,000 - 32,000
5+38,000 - 45,00035,000 - 40,00032,000 - 38,00032,000 - 38,000
Assistant Financial Accountant0 - 330,000 - 35,00026,000 - 30,00025,000 - 28,00024,000 - 27,000
3 - 535,000 - 40,00030,000 - 35,00028,000 - 32,00027,000 - 32,000
5+40,000 - 45,00035,000 - 40,00032,000 - 38,00032,000 - 38,000
Assistant Financial Controller0 - 345,000 - 55,00045,000 - 55,00040,000 - 45,00040,000 - 45,000
3 - 555,000 - 65,00055,000 - 60,00045,000 - 50,00045,000 - 50,000
5+65,000 - 70,00060,000 - 70,00050,000 - 55,00050,000 - 55,000
Tax Accountant0 - 355,000 - 60,00042,000 - 46,00038,000 - 40,00038,000 - 40,000
3 - 555,000 - 65,00046,000 - 55,00040,000 - 45,00040,000 - 45,000
5+65,000 - 75,00055,000 - 65,00045,000 - 55,00045,000 - 55,000
Graduate / Trainee Accountant1 - 225,000 - 28,00023,000 - 25,00023,000 - 25,00022,000 - 24,000
Credit Controller0 - 324,000 -28,00023,000 - 25,00022,000 - 26,00022,000 - 25,000
3 - 528,000 - 33,00025,000 - 30,00026,000 - 28,00025,000 - 28,000
5+33,000 - 36,00030,000 - 34,00028,000 - 32,00028,000 - 32,000
EMEA Payroll Manager0 - 350,000 - 55,00042,000 - 46,00045,000 - 50,00040,000 - 45,000
3 - 555,000 - 65,00046,000 - 52,00050,000 - 55,00045,000 - 52,000
5+65,000 - 80,00052,000 - 70,00055,000 - 60,00052,000 - 70,000
Payroll Manager0 - 345,000 - 50,00040,000 – 45,00040,000 - 45,00040,000 - 45,000
3 - 550,000 - 58,00045,000 – 50,00045,000 - 50,00045,000 - 50,000
5+58,000 - 68,00050,000 – 60,00050,000 - 60,00050,000 – 60,000
Payroll Clerk0 - 324,000 - 28,00023,000 - 25,00025,000 - 28,00022,000 - 25,000
3 - 528,000 - 35,00025,000 - 30,00028,000 - 32,00025,000 - 28,000
5+35,000 - 41,00030,000 - 40,00033,000 - 38,00028,000 - 35,000
Accounts Supervisor0 - 331,000 - 36,00030,000 - 35,00027,000 - 30,00027,000 - 30,000
3 - 536,000 - 41,00035,000 - 40,00030,000 - 35,00030,000 - 35,000
5+41,000 - 46,00040,000 - 45,00035,000 - 38,00035,000 - 38,000
Accounts Payable Clerk0 - 324,000 - 28,00024,000 - 26,00022,000 - 24,00022,000 - 24,000
3 - 528,000 - 33,00026,000 - 30,00024,000 - 27,00024,000 - 27,000
5+33,000 - 36,00030,000 - 33,00027,000 - 32,00027,000 - 30,000
Accounts Receivable Clerk0 - 324,000 - 29,00024,000 - 26,00022,000 - 25,00022,000 - 25,000
3 - 529,000 - 33,00026,000 - 30,00025,000 - 28,00025,000 - 28,000
5+33,000 - 36,00030,000 - 33,00028,000 - 32,00028,000 - 32,000
AP Manager0 - 345,000 - 50,00040,000 - 45,00035,000 - 40,00035,000 - 40,000
3 - 550,000 - 57,00045,000 - 50,00040,000 - 45,00040,000 - 45,000
5+57,000 - 65,00050,000 - 60,00045,000 - 55,00045,000 - 55,000
AR Manager0 - 345,000 - 50,00040,000 - 45,00035,000 - 40,00035,000 - 40,000
3 - 550,000 - 57,00045,000 - 49,00040,000 - 45,00040,000 - 45,000
5+57,000 - 65,00050,000 - 60,00045,000 - 55,00045,000 - 55,000
Accounts Assistant0 - 324,000 - 28,00024,000 - 26,00022,000 - 24,00022,000 - 24,000
3 - 528,000 - 33,00026,000 - 30,00024,000 - 27,00024,000 - 27,000
5+33,000 - 35,00030,000 - 33,00027,000 - 30,00027,000 - 30,000
Bookkeeper0 - 324,000 - 28,00022,000 - 24,00020,000 - 22,00020,000 - 22,000
3 - 528,000 - 33,00024,000 - 26,00022,000 - 25,00022,000 - 25,000
5+33,000 - 35,00026,000 - 28,00025,000 - 27,00025,000 - 27,000
Graduate / Trainee Accountant0 - 325,000 - 28,00021,000 - 25,00018,000 - 25,00018,000 - 22,000

Typical range of benefits for Accounting & Finance professionals:

Benefit TypeManagementNon-Management
Pension3% - 11% employer contribution3% - 7% employer contribution
HealthcareFully paid for employee and dependantsAn increasing proportion of employees have health cover and this extends to their dependents
Bonus10-25%10%
Annual Leave25 - 27 days20 - 22 days
Life Assurance3-4 times basic salary3-4 times basic salary
Othercar allowance ,
Fuel card
Professional subscriptions
On site canteen
Travel tax saver schemes
Gym
Stock options
Product discounts
Sports And Social
EAP
Jay Davitt's picture
Manager | Accountancy & Finance
jdavitt@morganmckinley.ie

LATEST JOB VACANCIES