Salary after completing AAT?

mi|kshakemi|kshake Feels At HomePosts: 70Registered
Hi,

I'm a Trainee Accounts Technician and now that I am on the Technician level I was wondering what's type of salary should I expect to get once I am qualified? (Obviously I haven't been to uni or anything - will just have my school qualifications + my AAT)

Thanks!!

mi|kshake~
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Comments

  • SandyHoodSandyHood Font Of All Knowledge Posts: 2,034Registered, Moderator
    mi|kshake
    I recently attended the southern area AAT lecturers' meeting where a representative of Hays accounting presented details on salary rates in our area.
    I suggest that you contact your local office. This is a link.

    http://www.hays.com/accountancy/

    Incidentally, we queried one of the rates the Hays lady presented and were told that she would correct it and contact us with the corrected figure. To date I am not aware that such a correction has taken place.

    I trust that this does not fall foul of the advertising restrictions on the forum.
    Sandy
    [email protected]
    www.sandyhood.com
  • NeilHNeilH Trusted Regular Posts: 547Registered
    Hi

    You also need to take into account the job you do and your experience. Some slary surveys base it on qualification level, others on the position. Have a look around the recruitment sites and you should be able to put together a pictures. The AAt site used to have one somewhere, but it never seemed to get up dated.

    Neil
  • speegsspeegs Experienced Mentor Posts: 854Registered
    I am also a technician level student and I already earn £22500 in Hertfordshire.

    Speegs
  • Andrewh26Andrewh26 Feels At Home Posts: 69Registered
    I would like to know how people got these trainee accountant roles? I've done purchase ledger for 2 years and am at Technician level, but the agencies just tell me I need more experience before I can do that. Who did you go through, what jobs did you do before? :(
  • jorja1986jorja1986 Well-Known Posts: 210Registered
    Your salary depends very much on your location, practice or industry and your responsibilities and also your age in some instances.

    Like others have said google on line and you should get an indication of expectations.
  • *Sarah**Sarah* Well-Known Posts: 172Registered
    I'm on technician level (finishing in June) and I earn 24k working in Hertfordshire
  • Andrewh26Andrewh26 Feels At Home Posts: 69Registered
    hmm, well I'm at same stage, i've just moved to Manchester. I'm looking at jobs in industry, should i be looking at practice? is this my mistake? hmm I wonder. and what jobs did you do previous?
  • richardwrichardw Well-Known Posts: 108Registered
    Those salary levels are for the south of england though. Im in Birmingham, & at those sort of wages its supervisory roles. £19000 for someone starting on CIMA or ACCA.

    Sandyhood, you might find it dosnt get corrected. I must say that im not very impressed with Hays, & a few other people ive spoken to dont think much of them either.
    Im just starting out on the final year of the diploma, have about 5 years experience in credit control, & some IT qualifications, & all theyve come up with in a month is a position no better than what im already doing, which i got 2 years ago.
  • HelenbHelenb Settling In Nicely Posts: 16Registered
    Andrewh26 wrote: »
    I would like to know how people got these trainee accountant roles? I've done purchase ledger for 2 years and am at Technician level, but the agencies just tell me I need more experience before I can do that. Who did you go through, what jobs did you do before? :(

    HI Andrew, I worked in PL as well and applied to do maternity cover in our management accounts department to get experiance, I now have a role in a smaller company where I do PL, Cashier work and help the Management accountant. Try to contact companies directly, because you don't have direct experience you are making the recruitment firm work harder to sell you - I suspect that this is part of the problem!

    Start adding things like account reconsiliation into your CV, this is a skill you can carry over from PL to a trainee role. I descovered that there is not much difference between reconsiling a supplier account to a nominal ledger one and as soon as I put it in my CV recruitment firms were more interested. Good Luck:001_smile:
  • br1t1shbo1br1t1shbo1 New Member Posts: 13Registered
    Andrewh26 wrote: »
    I would like to know how people got these trainee accountant roles? I've done purchase ledger for 2 years and am at Technician level, but the agencies just tell me I need more experience before I can do that. Who did you go through, what jobs did you do before? :(

    You have to access their websites directly and look for roles there. Do not go through recruitment sites, it's better to send your CV directly to the accountancy firms.

    Good Luck!
  • Andrewh26Andrewh26 Feels At Home Posts: 69Registered
    ah right thanks, yeah, will try sending my CVs direct, but question is direct to who, hmm, I have to find out
  • Andrewh26Andrewh26 Feels At Home Posts: 69Registered
    I'm interested to find out what my salary could be in London after this summer if I start ACCA, or CIMA. I presume there would be a multitude of jobs available, and London would be the best option for accountancy jobs?
  • CudeyCudey Well-Known Posts: 138Registered
    speegs wrote: »
    I am also a technician level student and I already earn £22500 in Hertfordshire.

    Speegs

    I live in Hertfordshire :001_smile:

    You anywhere near the Watford area?
  • 118 11kate118 11kate Well-Known Posts: 115Registered
    :ohmy: I need to move to hertfordshire!

    I live and work in Telford and I have one more exam to complete Technician and I earn £17000 and it probably wont go up upon completion either.:crying:
  • stevebornersteveborner Settling In Nicely Posts: 21Registered
    i am on intermediate and work in london and earn around £25k. I would expect £30k after AAT on an apprentice scheme training for CIMA or alike.
  • *Sarah**Sarah* Well-Known Posts: 172Registered
    118 11kate wrote: »
    :ohmy: I need to move to hertfordshire!

    I live and work in Telford and I have one more exam to complete Technician and I earn £17000 and it probably wont go up upon completion either.:crying:

    You say that Kate but it is much more expensive to live here so the wages aren't that great in comparison unfortunetly
  • speegsspeegs Experienced Mentor Posts: 854Registered
    Hi Cudey

    I work in Watford on Colonial Way.

    We should meet up an exchange study stories and stuff.

    What do you say?

    Send me a private message. I would love to meet up with other studiers.

    Speegs
  • CudeyCudey Well-Known Posts: 138Registered
    speegs wrote: »
    Hi Cudey

    I work in Watford on Colonial Way.

    We should meet up an exchange study stories and stuff.

    What do you say?

    Send me a private message. I would love to meet up with other studiers.

    Speegs

    Sent one :001_smile:

    Anyone else from the Watford area?
  • sunnysunny Feels At Home Posts: 43Registered
    i am on intermediate and work in london and earn around £25k. I would expect £30k after AAT on an apprentice scheme training for CIMA or alike.

    Well done. You must have got many years experience, havn't you?
    Do you mind tell us which industry are you working for? Because a guy told me that the accountant's salary figure depends on which industry you are in, is it true?
  • richardwrichardw Well-Known Posts: 108Registered
    Are these salary figures real pay figures, or are they including an amount of study support?

    Even if you allow £5k extra for london, £20k seems a lot for someone doing AAT intermediate.
    In the midlands, £20k will get you someone ACCA qualified.
  • *Sarah**Sarah* Well-Known Posts: 172Registered
    Cudey wrote: »
    Sent one :001_smile:

    Anyone else from the Watford area?

    I'm from St Albans :-)

    And RichardW - Yep 24k is my real salary figure, I don't get any kind of study support

    Sarah
  • br1t1shbo1br1t1shbo1 New Member Posts: 13Registered
    Andrewh26 wrote: »
    I'm interested to find out what my salary could be in London after this summer if I start ACCA, or CIMA. I presume there would be a multitude of jobs available, and London would be the best option for accountancy jobs?

    You can access the sites through AAT, click on Employer (the blue tab) and then you can go directly to the audit company sites.

    Furthermore go on to the accountancy age websites, this will show you the top 50 firms from there you can select the company you want to work for, by going on their websites.

    Most Companies nowadays have a "career" section from where you can apply.
  • stevebornersteveborner Settling In Nicely Posts: 21Registered
    sunny wrote: »
    Well done. You must have got many years experience, havn't you?
    Do you mind tell us which industry are you working for? Because a guy told me that the accountant's salary figure depends on which industry you are in, is it true?


    i joined at 22k from high school after a levels, all support for exam expense etc is on top of that. I work for the Metropolitan Police in their finance department.

    20k for acca qualified???? they are ridiculously underpaid! ACCA qualified woild see £30k + in london as a basis. An example, the seniour business accountant for my team has been chartered for 6 years and earns £60k +. This is the normal wage a chartered accountant can expect.
  • PoodlePoodle Experienced Mentor Posts: 711Registered
    Hi

    As they say "it's easy to spend someone elses money" i.e. the tax payers

    Poodle
  • stevebornersteveborner Settling In Nicely Posts: 21Registered
    thats a great response poodle, with your ample knowledge of public sector finance. I think you will find the wages are competetive for london.

    where do you work and who for?

    Maybe rather than "its easy to spend someone elses money" its far easier to be lazy settle for a second rate job being underpaid.....?
  • PoodlePoodle Experienced Mentor Posts: 711Registered
    with your ample knowledge of public sector finance.

    Oh I have loads, paid enough in rates in my time!

    Regarding my employment status. I am employed, by my own company in the South East and I can assure you that I am not lazy, have a superb quality of life working approx 30 hours a week and I earn more than you.:001_tt2:

    Exactly who in this forum do you refer to in this forum as lazy, and working in a second rate job?

    Poodle
  • MattWMattW Feels At Home Posts: 37Registered
    I live in Hertfordshire and work in London, I earn 29K, full study support, pension & 30 days holiday excl bank holidays.

    I am at intermediate level, with 4.5 years experience. I don't get any rises for passing exams though.

    My mate is at Tech level and earns £33.5K, as does my other friend who is a finalist ACCA.

    I have recently started to see jobs advertising for "AAT or ACCA or ACA" candidates, I presume it's the increased recongnition AAT is receiving from potential employers??

    Highest paying fully qualified AAT job i have seen on Hays in London was 70K. Average highest jobs i've seen are £35-45K with varying job titles.

    I would be interested to hear what Self employed AAT's can potentially earn!

    Matt
  • princess246princess246 Feels At Home Posts: 49Registered
    Im in the final stages of my AAT i work within management accounts and i earn 25k a year and thats low for the job i do!!!!!!!!
  • sharonsharon Well-Known Posts: 161Registered
    i earn £15900! Aat technician - Last exams in June - with 2 years experience iin Management accounts! Is that rubbish?????????????
  • sharonsharon Well-Known Posts: 161Registered
    Forgot to mention my job title is Assistant Management Accountant!!! Guys is my wages crap????????
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