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« Back to Level 3 AAT Advanced Diploma in Accounting

Job holders in this unit group manage client accounts or departments within financial institutions (such as banks and insurance companies) or manage a variety of financial accounts within other organisations.

Tasks

  • Develops and manages business accounts to increase sales of financial products
  • Takes responsibility for the efficient and effective operation of several business accounts
  • Manages teams handling insurance claims
  • Checks customers’ credit rating with banks and credit reference agencies, and decides whether to offer credit
  • Establishes terms of credit and ensures timely payment by customer, renegotiates payment terms and initiates legal action to recover debts if necessary
  • Carries out and/or supervises general accounting and administrative work.

Entry Requirements

There are no formal academic requirements although professional qualifications in accountancy may be required by some employers. These qualifications can be linked to NVQs/SVQs in Accounting at Levels 2, 3 and 4, and apprenticeships may be available in some areas.

What could I earn?

Salaries for this occupation tend to start at £34,000 per annum and can progress up to £48,000 per annum.

Is it in growth or decline?

There are currently 13,564 employed Financial Accounts Managers in the region.

Current Vacancies

Head of Finance
/ Staxoweb Limited / 17 Jan 2022
Head of Finance
/ Staxoweb Limited / 17 Jan 2022
Kickstart - Junior IT Assistant
/ DWP Kickstart Scheme / 17 Jan 2022
Kickstart - Directors Personal Assistant
/ DWP Kickstart Scheme / 17 Jan 2022
Kickstart - Buying Assistant
/ DWP Kickstart Scheme / 17 Jan 2022

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