2017 Accountancy & Finance Salary Guide

Ronan Hill 01.01.2017

It has been a tale of two halves for accountancy and finance in 2016, with the first half showing continued growth from 2015 throughout the multinational company (MNC) and small and medium-sized (SME) market.

Included in the Accounting & Finance Salaries in Commerce & Industry are salary ranges for  Accounting & Finance Salaries in Commerce & Industry(Small companies < 100 Employees) |  Accounting & Finance Salaries in Commerce & Industry (Medium Companies 100 - 500 Employees) |  Accounting & Finance Salaries in Commerce & Industry (Large Companies 500+ Employees) ,  Commentary

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As we entered the second half of 2016 expected seasonal patterns were further impacted on decision making processes due to confirmation of Brexit and the unpredictable outcome of the US elections. This led to uncertainty on hiring from June to late September. We have seen some uplift in the overall activity since October with organisations realising the necessity for additional headcount as they head into 2017 and the requirement to effectively utilise their hiring budget. 

Accounting & Finance Salary Guide in Commerce & Industry
(Small companies < 100 Employees)

RoleYears' ExperienceDublin
Cork
Limerick
Waterford
Financial Director0 - 385k - 90k75k - 85k70k - 75k67k - 70k
3 - 590k - 95k85k - 95k75k - 90k70k - 85k
5+100k - 120k95k - 110k90k- 110k85k - 110k
Financial Controller0 - 370k - 75k65k - 75k60k - 70k55k - 65k
3 - 575k - 85k75k - 85k70k - 75k65k - 70k
5+85k - 100k85k - 95k75k- 85k70k - 75k
Finance Manager0 - 355k - 65k55k - 65k50k - 60k50k - 55k
3 - 565k - 75k65k - 70k60k - 65k55k - 65k
5+75k - 85k70k - 80k65k - 75k65k - 75k
Management Accountant
(Qualified)
0 - 345k - 55k40k - 48k40k - 48k38k - 45k
3 - 555k - 65k48k - 55k48k - 55k45k - 55k
5+65k - 70k55k -65k55k - 65k55k - 60k
Financial Accountant
(Qualified)
0 - 345k - 55k40k - 48k40k - 48k40k - 45k
3 - 555k - 65k48k - 55k48k - 55k45k - 50k
5+65k - 70k55k - 60k55k - 60k50k - 55k
Company Accountant0 - 345k - 55k40k - 48k40k - 48k40k - 43k
3 - 555k - 65k48k - 55k48k - 55k45k - 50k
5+65k - 70k55k - 65k55k - 60k50k - 55k
Systems Accountant0 - 345k - 55k40k - 48k40k - 48k40k - 45k
3 - 555k - 65k48k - 55k48k - 55k45k - 50k
5+65k - 70k55k - 65k55k - 65k50k - 55k
Project Accountant0 - 345k - 55k40k - 48k40k - 48k40k - 48k
3 - 555k - 65k48k - 55k48k - 55k48k - 55k
5+65k - 70k55k - 65k55k - 60k55k - 60k
Assistant Management Accountant0 - 330k - 35k28k - 33k27k - 33k25k - 30k
3 - 535k - 40k33k - 36k33k - 35k30k - 34k
5+40k - 45k36k - 42k35k - 40k34k - 37k
Assistant Financial Accountant0 - 330k - 35k28k - 33k27k - 33k25k - 29k
3 - 535k - 40k33k - 36k33k - 35k30k - 34k
5+40k - 45k36k + 42k35k - 40k34k - 38k
Credit Controller0 - 326k - 32k25k - 30k22k - 26k20k - 24k
3 - 532k - 36k30k - 35k26k - 30k24k - 27k
5+36k - 40k35k - 40k30k - 35k27k - 32k
Payroll Clerk0 - 326k - 32k25k - 30k22k - 26k20k - 23k
3 - 532k - 36k30k - 35k26k - 30k23k - 28k
5+36k - 40k35k - 40k30k - 35k28k - 35k
Accounts Supervisor0 - 332k - 38k30k - 35k26k - 34k26k - 34k
3 - 538k - 41k35k - 40k34k - 38k34k - 36k
5+40k - 46k40k - 45k38k - 40k36k - 38k
Accounts Payable Clerk0 - 324k - 28k22k - 24k22k - 24k20k - 24k
3 - 528k - 33k24k - 26k24k - 26k24k - 26k
5+33k - 36k26k - 32k26k - 30k26k - 28k
Accounts Receivable Clerk0 - 324k - 28k22k - 24k22k - 24k20k - 24k
3 - 528k - 32k24k - 28k24k - 26k24k - 26k
5+32k - 36k28k - 32k26k - 30k26k - 30k
AP Manager0 - 335k - 40k32k - 37k30k - 37k30k - 37k
3 - 540k - 45k38k - 42k37k - 42k37k - 42k
5+45k - 50k42k - 48k42k - 45k42k - 45k
AR Manager0 - 335k - 40k32k - 38k30k - 37k30k - 37k
3 - 540k - 45k38k - 42k37k - 42k37k - 42k
5+45k - 50k42k - 48k42k - 47k42k - 47k
Accounts Assistant0 - 324k - 28k22k - 26k20k - 25k20k - 25k
3 - 528k - 33k26k - 30k25k - 28k25k - 28k
5+33k - 36k30k - 35k28k - 35k28k - 32k
Bookeeper0 - 322k - 25k22k - 24k20k - 24k20k - 22k
3 - 525k - 30k24k - 28k24k - 26k22k - 25k
5+30k - 36k28k - 34k26k - 30k25k - 30k
Graduate / Trainee Accountant0 - 322k - 27k19k - 24k19k - 24k19k - 24k

Accounting & Finance Salary Guide in Commerce & Industry
(Medium Companies 100 - 500 Employees)

RoleYears' ExperienceDublin
Cork
Limerick
Waterford
Financial Director0 - 395k - 110k85k - 95k75k - 85k75k - 85k
3 - 5110k - 130k95k - 105k85k - 100k85k - 100k
5+130k - 150k105k - 140k95k - 120k95k - 120k
Financial Controller0 - 385k - 90k75k - 85k65k - 75k65k - 75k
3 - 590k - 100k85k - 95k75k - 85k75k - 85k
5+100k - 110k95k - 105k85k- 100k85k- 100k
Finance Manager0 - 365k - 75k60k - 65k55k - 62k55k - 62k
3 - 575k - 80k65k - 75k62k - 70k62k - 70k
5+80k - 85k75k - 85k70k - 80k70k - 80k
Management Accountant
(Qualified)
0 - 348k - 55k43k - 48k42k - 48k40k - 45k
3 - 555k - 60k48k - 55k48k - 55k45k - 50k
5+60k - 65k55k - 65k55k - 60k50k - 60k
Financial Accountant
(Qualified)
0 - 348k - 55k43k - 48k42k - 48k35k - 45k
3 - 555k - 60k48k - 55k48k - 55k45k - 55k
5+60k - 65k55k - 65k55k - 60k55k - 60k
Company Accountant0 - 345k - 55k43k - 48k42k - 48k40k - 45k
3 - 555k - 65k48k - 55k48k - 55k45k - 50k
5+65k - 70k55k - 65k55k - 60k50k - 60k
Systems Accountant0 - 345k - 55k43k - 48k42k - 48k38k - 45k
3 - 555k - 65k48k - 55k48k - 55k45k - 50k
5+65k - 70k55k - 65k55k - 60k50k - 60k
Project Accountant0 - 345k - 55k43k - 48k42k - 48k42k - 48k
3 - 555k - 65k48k - 55k48k - 55k48k - 55k
5+65k - 70k55k - 65k55k - 65k55k - 60k
Commercial Accountant0 - 345k - 55k45k - 50k42k - 48k42k - 48k
3 - 555k - 65k50k - 60k48k - 55k48k - 55k
5+65k - 80k60k - 75k55k - 70k55k - 70k
Assistant Management Accountant0 - 330k - 35k28k - 33k28k - 33k28k - 33k
3 - 535k - 38k33k - 36k30k - 35k30k - 35k
5+38k - 45k36k - 40k35k - 40k35k - 40k
Assistant Financial Accountant0 - 330k - 35k28k - 33k28k - 33k28k - 33k
3 - 535k - 38k33k - 36k30k - 35k28k - 32k
5+38k - 45k36k - 40k36k - 40k36k - 40k
Tax Accountant0 - 345k - 50k43k - 48k42k - 48k42k - 48k
3 - 550k - 65k48k - 55k48k - 55k45k - 50k
5+65k - 75k55k - 65k55k -60k50k - 55k
Credit Control Manager0 - 345k - 50k36k – 42k28k - 32k28k - 32k
3 - 550k - 55k42k – 47k32k - 40k32k - 40k
5+55k - 70k47k – 52k40k - 46k40k - 46k
Credit Controller0 - 326k - 32k23k - 28k23k - 28k23k - 28k
3 - 532k - 36k28k - 32k28k - 32k28k - 32k
5+36k - 40k32k - 38k32k - 38k32k - 38k
Payroll Manager0 - 345k - 50k36k – 42k34k – 40k34k – 40k
3 - 550k - 55k42k – 47k40k – 44k40k – 44k
5+55k - 70k47k – 60k47k – 60k47k – 60k
Payroll Clerk0 - 325k - 30k22k - 25k22k - 25k22k - 25k
3 - 530k - 40k25k - 30k25k - 30k25k - 30k
5+40k - 65k30k - 40k28k - 34k28k - 34k
Accounts Supervisor0 - 324k - 28k22k - 25k22k - 25k22k - 24k
3 - 528k - 32k25k - 28k25k - 28k24k - 28k
5+32k - 36k28k - 30k28k - 30k28k - 30k
Accounts Payable Clerk0 - 324k - 28k22k - 24k22k - 25k22k - 25k
3 - 528k - 33k25k - 28k25k - 28k25k - 28k
5+33k - 36k28k - 32k28k - 32k28k - 32k
Accounts Receivable Clerk0 - 322k - 25k22k - 24k22k - 24k22k - 24k
3 - 525k - 30k25k - 28k25k - 28k25k - 28k
5+30k - 36k27k - 32k27k - 32k27k - 32k
AP Manager0 - 335k - 42k34k - 40k34k - 40k34k - 40k
3 - 542k - 45k40k - 44k40k - 44k40k - 44k
5+45k - 50k44k - 48k44k - 48k44k - 48k
AR Manager0 - 335k - 45k32k - 42k32k - 42k32k - 42k
3 - 545k - 50k42k - 48k42k - 48k42k - 48k
5+50k - 55k48k - 54k48k - 54k48k - 54k
Accounts Assistant0 - 323k - 27k22k - 26k22k - 24k20k - 22k
3 - 527k - 33k26k - 30k26k - 30k26k - 30k
5+33k - 35k30k - 33k30k - 33k30k - 33k
Bookeeper0 - 324k - 28k20k - 22k20k - 22k20k - 22k
3 - 528k - 33k22k - 25k22k - 24k22k - 24k
5+33k - 35k25k - 32k25k - 32k25k - 32k
Graduate / Trainee Accountant0 - 322k - 28k19k - 22k19k - 22k19k - 22k

Accounting & Finance Salary Guide in Commerce & Industry
(Large Companies 500+ Employees)

RoleYears' ExperienceDublin
Cork
Limerick
Waterford
Financial Director0 - 395k - 110k85k - 95k80k - 90k65k - 80k
3 - 5110k - 130k95k - 105k90k - 95k80k - 95k
5+130k - 160k105k - 140k95k - 120k95k - 110k
Financial Controller0 - 385k - 90k75k - 85k70k - 80k65k - 75k
3 - 590k - 100k85k - 95k80k - 88k75k - 80k
5+100k - 120k95k - 105k88k - 100k80k - 90k
Finance Manager0 - 365k - 75k60k - 65k60k - 65k65k - 70k
3 - 575k - 80k65k - 75k65k - 70k70k - 75k
5+80k - 85k75k - 85k70k - 85k75k - 85k
Management Accountant0 - 348k - 55k43k - 48k42k - 48k40k - 45k
3 - 555k - 60k48k - 55k48k - 55k45k - 55k
5+60k - 65k55k - 65k55k - 60k55k - 60k
Financial Accountant0 - 348k - 55k43k - 48k43k - 48k40k - 45k
3 - 555k - 60k48k - 55k48k - 55k45k - 50k
5+60k - 65k55k - 65k55k - 60k50k - 60k
Company Accountant0 - 345k - 55k43k - 48k43k - 48k40k - 45k
3 - 555k - 65k48k - 55k48k - 55k45k - 50k
5+65k - 70k55k - 65k55k - 65k50k - 60k
Systems Accountant0 - 345k - 55k43k - 48k43k - 48k40k - 45k
3 - 555k - 65k48k - 55k48k - 55k45k - 55k
5+65k - 70k55k - 65k55k - 60k55k - 60k
Project Accountant0 - 345k - 55k43k - 48k43k - 48k38k - 45k
3 - 555k - 65k48k - 55k48k - 55k45k - 50k
5+65k - 70k55k - 65k55k - 60k50k - 60k
Commercial Accountant0 - 345k - 55k45k - 50k43k - 48k40k - 45k
3 - 555k - 65k50k - 60k48k - 55k45k - 50k
5+65k - 70k60k - 70k55k - 60k50k - 60k
Assistant Management Accountant0 - 330k - 35k28k - 33k26k - 32k24k - 27k
3 - 535k - 38k33k - 36k32k - 35k27k - 32k
5+38k - 45k36k - 40k35k - 40k32k - 38k
Assistant Financial Accountant0 - 330k - 35k28k - 33k26k - 32k24k - 27k
3 - 535k - 38k33k - 36k32k - 35k27k - 32k
5+38k - 45k36k - 40k35k - 38k32k - 38k
Assistant Financial Controller0 - 345k - 50k50k - 60k45k - 50k40k - 45k
3 - 550k - 65k60k - 70k50k - 60k45k - 50k
5+65k - 75k70k - 80k60k - 65k50k - 55k
Tax Accountant0 - 348k - 53k43k - 48k42k - 48k42k - 48k
3 - 553k - 60k48k - 55k48k - 55k48k - 55k
5+60k - 70k55k - 65k55k - 60k55k - 60k
Graduate / Trainee Accountant1 - 226k - 32k23k - 25k23k - 25k22k - 24k
Credit Controller0 - 338k - 46k28k - 32k25k - 35k22k - 30k
3 - 546k - 52k32k - 38k35k - 40k30k - 38k
5+52k - 65k38k - 50k40k - 50k38k - 48k
EMEA Payroll Manager0 - 326k - 32k50k - 55k45k - 50k45k - 50k
3 - 532k - 36k55k - 65k50k - 55k50k - 55k
5+36k - 40k65k - 80k55k - 60k55k - 60k
Payroll Manager0 - 345k - 50k40k - 45k35k – 40k35k – 40k
3 - 550k - 55k45k - 50k40k – 45k40k – 45k
5+55k - 65k50k - 55k45k – 50k45k – 50k
Payroll Clerk0 - 325k - 30k25k - 30k22k - 25k22k - 25k
3 - 530k - 40k30k - 34k25k - 28k25k - 28k
5+40k - 65k35k - 45k28k - 35k28k - 35k
Accounts Supervisor0 - 324k - 28k22k - 26k22k - 25k22k - 25k
3 - 528k - 32k26k - 29k25k - 28k25k - 28k
5+32k - 36k29k - 32k28k - 30k28k - 30k
Accounts Payable Clerk0 - 335k - 40k22k - 26k22k - 25k22k - 24k
3 - 540k - 45k26k - 29k25k - 28k24k - 27k
5+45k - 50k29k - 32k28k - 32k27k - 30k
Accounts Receivable Clerk0 - 335k - 40k22k - 26k22k - 25k22k - 25k
3 - 540k - 45k26k - 29k25k - 28k25k - 28k
5+45k - 50k29k - 32k28k - 32k28k - 32k
AP Manager0 - 324k - 28k45k - 50k38k - 42k35k - 40k
3 - 528k - 33k50k - 55k45k - 48k40k - 45k
5+33k - 36k55k - 60k48k - 55k45k - 55k
AR Manager0 - 350k - 55k45k - 50k40k - 45k35k - 40k
3 - 555k - 60k50k - 55k45k - 50k40k - 45k
5+60k - 65k55k - 60k48k - 55k45k - 55k
Accounts Assistant0 - 323k - 27k28k - 32k24k - 28k24k - 28k
3 - 528k - 33k32k - 36k28k - 34k28k - 34k
5+33k - 35k36k - 38k34k - 36k34k - 36k
Bookeeper0 - 324k - 28k20k - 22k20k - 22k20k - 22k
3 - 528k - 33k22k - 25k22k - 25k22k - 25k
5+33k - 35k25k - 28k25k - 28k25k - 27k
Graduate / Trainee Accountant0 - 325k - 28k18k - 25k18k - 25k18k - 24k

Commentary on Accountancy & Finance Roles and Remuneration in Ireland for 2017

Overall we have seen a lot of positives in the market, driven mainly by an uplift in activity across the SME sector at senior level and also across key commercial roles. Some of the positive this year included new hiring requirements for start-up businesses and also an opportunity driven market resulting in candidates having confidence to change roles. Some of the negative influences that affected growth were the impact of Brexit and US Elections and  the lack of funding in SME sector to facilitate senior hiring decisions and possible business expansion.

From a candidate point of view, there has been a steady flow of experienced transactional candidates and newly qualified accountants to the market. However, there has been a shortage of talent in specific areas such as commercially focused finance professionals and qualified accountants with European languages.

Across both the transactional market and the newly qualified market, there has been a marked increase in the number of women who are actively seeking new roles.

In the current market, there is a strong preference to hire an accountant with a qualification over a “qualified by experience” candidate. This can be due to the nature of the role, for example Financial Accountant or Statutory Accountant where a recognised qualification is required for compliance and regulatory purposes.  More ad hoc roles like System Accountant, FP&A  Analyst or Business Analyst type roles will have flexibility on the qualification.

In 2017, we expect a slight increase in salaries for more niche / technical roles such as Statutory Reporting Accountants. Across other finance roles within the transactional market, newly qualified market and financial accounting roles, salary ranges should remain in line with 2016. 

Ronan Hill's picture
Managing Director
rhill@morganmckinley.ie