SOC 2020 · 1131
Financial managers and directors
Immigration Rules Appendix Skilled Occupations from
Skilled Worker
Eligible
This occupation appears on Appendix Skilled Occupations.
Salary floor
£75,100
The going rate, £75,100, is the higher of the two.
Shortage lists
Not listed
This code is on neither the Immigration Salary List nor the Temporary Shortage List.
Salary the job must pay
A Skilled Worker job must pay at least the higher of the general threshold and the going rate for its occupation code.
Going rate (standard)
£75,100
General threshold
£41,700
Visa thresholds from
Minimum for this role
£75,100
Home Office going rates from
New entrants and some other cases can use 70% of the going rate, £52,600, subject to the lower general threshold of £33,400.
What this occupation actually pays
ONS Annual Survey of Hours and Earnings, full-time gross annual pay.
- UK pay for this occupation
- Going rate£75,100
- General threshold£41,700
View these figures as a table
| Percentile | Pay |
|---|---|
| 10th | £33,959 |
| 25th | £50,000 |
| 50th | £76,447 |
| 75th | £120,417 |
| Going rate | £75,100 |
| General threshold | £41,700 |
| Region | 10th | 25th | Median | 75th | 90th |
|---|---|---|---|---|---|
| UK 2025 | £33,959 | £50,000 | £76,447 | £120,417 | — |
| East 2025 | — | — | £59,992 | — | — |
| London 2025 | — | — | £115,535 | — | — |
| North West 2025 | — | — | £68,376 | — | — |
| Scotland 2025 | — | — | £62,742 | — | — |
| South East |
Job titles in this code
What the work involves
Financial managers and directors plan, organise, direct and co-ordinate the financial information of companies, the activities and resources of financial institutions, such as banks and insurance companies, and advise on company financial policy.
Typical tasks
participates in the formulation of strategic and long-term business plans, assesses the implications for the organisation financial mechanisms and oversees their implementation
plans external and internal audit programmes, arranges for the collection and analysis of accounting, budgetary and related information, and manages the company’s financial systems
determines staffing levels appropriate for accounting activities
assesses and advises on factors affecting business performance
plans, organises, directs and co-ordinates the activities of financial institutions
ensures compliance with accounting, recording and information storage, retrieval procedures and the statutory regulatory framework
Entry routes and qualifications
Entry is most common with a relevant degree or equivalent qualification, although it is possible with A levels/H grades, S/NVQ levels 4 and 5. Those with higher qualifications may obtain accelerated training. Internal promotion to management is possible and on-the-job training is provided. Professional qualifications are available and are required or mandatory for certain posts.