Public finance accountant | Average UK Salary & Outlook

Public finance accountants make sure money is spent properly in public sector organisations.

Typical task
Working hours
Attractive values

Prepare detailed reports on audit findings.
Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
Inspect account books and

Prepare detailed reports on audit findings.
Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
Supervise auditing of establishments, and determine scope of investigation required.
Confer with company officials about financial and regulatory matters.
Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Prepare adjusting journal entries.
Review accounts for discrepancies and reconcile differences.
Establish tables of accounts and assign entries to proper accounts.
Examine inventory to verify journal and ledger entries.
Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
Report to management regarding the finances of establishment.
Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws.
Review taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office.
Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting, or other tax requirements.
Advise clients in areas such as compensation, employee health care benefits, the design of accounting or data processing systems, or long-range tax or estate plans.
Represent clients before taxing authorities and provide support during litigation involving financial issues.
Direct activities of personnel engaged in filing, recording, compiling, and transmitting financial records.
Conduct pre-implementation audits to determine if systems and programs under development will work as planned.
Develop, maintain, or analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
Prepare, analyze, or verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
Process invoices for payment.
Review data about material assets, net worth, liabilities, capital stock, surplus, income, or expenditures.

Read more about Public finance accountant

Public finance accountants typically work around 37 to 39 hours per week.

As a Public finance accountant you will typically work evenings.

This occupation tends to be:

Conventional— Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually, there is a clear line of authority to follow.
Enterprising— Enterprising occupations frequently involve starting up and carrying out

Read more about Public finance accountant

* from ONETonline

Average salary
28,786 GBP *
per year

* data taken from the Office of National Statistics (ons.gov.uk)

Average salary for Public finance accountant

30,920 GBP
27,473 GBP

Average salary for part-time Public finance accountant

Average salary for full-time Public finance accountant

Showing:

12,585 GBP
12,852 GBP
10,820 GBP

28,786 GBP
27,473 GBP
30,920 GBP

Salary over time for Public finance accountant

Salary for this role has increased over time

24,366 GBP
24,723 GBP
25,293 GBP
25,989 GBP
26,111 GBP
27,711 GBP
28,786 GBP
28,248 GBP
28,900 GBP

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Future outlook for Public finance accountants

Balanced outlook

542 000+ jobs available

Balanced outlook

2% yearly wage growth (on average)

Which qualifications do I need?

Find out what you need to know in order to become a Public finance accountant and the highest average level of education for people in this role.

In terms of people already doing this job:

% of people in this role have a Bachelor's degree
% of people in this role have a certificate of higher education or equivalent but no degree
% of people in this role have a Diploma of Higher Education or equivalent

You'll need:

knowledge of economics and accounting
maths knowledge
to be thorough and pay attention to detail
administration skills
analytical thinking skills
the ability to work well with others
ambition and a desire to succeed
the ability to use your initiative
to have a thorough understanding of computer systems and applications

Get the right qualification to begin your journey to becoming a Public finance accountant

Accounting

Attention to Detail Job requires being careful about detail and thorough in completing work tasks. Integrity Job requires being honest and ethical. Dependability Job requires being reliable, responsible, and dependable, and fulfilling obligations. Analytical Thinking Job requires analyzing information and using logic to address work-related issues and problems. Cooperation Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude.

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Public finance accountant | Average UK Salary & Outlook

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Future outlook for Public finance accountants

Public finance accountant - Your future job?

Which qualifications do I need?

Things to highlight for your Public finance accountant interview

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