How hard is it to get a six figure salary as an accountant.

I have been thinking how long it could take me before I could start to earn £100000+ as an accountant once I a fully qualified?

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  • CeeJaySixCeeJaySix Well-Known Registered Users Posts: 645
    Nothing wrong with ambition but the majority will never earn that.

    In practice you're looking at being a partner in a decent-sized firm or a senior manager/director in one of the multinationals to earn that kind of cash.

    In industry you're probably looking at being FD of a pretty chunky UK company judging from the payrolls I've seen.

    Not going to happen overnight.
  • NeillawNeillaw New Member RossendaleRegistered Users Posts: 154
    I've only ever seen one accountant earning over £100k.
    He was chartered and had a background in treasury, the guy was an expert in re-financing businesses.
  • BertieBertie West Midlands Registered Users Posts: 42
    You'll need employees.
  • burgburg Experienced Mentor GloucesterRegistered Users, Moderators Posts: 1,278
    It will take a fair bit of work. May be possible for a very few. Many of the top director jobs of listed companies are occupied by accountants. It's not going to be easy to get there. Other than that if it is in practice you are going to have to be good at running a business not just good at accounts and tax. You will need a fair few clients, good systems and good staff.
    Regards,

    Burg
  • BertieBertie West Midlands Registered Users Posts: 42
    Sorry I didn't realise how old this post was before I posted to it.

    This site is pretty inactive!

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