Finance and accounting in London
Finance manager jobs in City of London
The 2021 census counted 497 residents working as functional managers and directors living in City of London.
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Published figures for City of London
What the official data says about City of London
When the 2021 census counted occupations, 497 people living in City of London were in work as functional managers and directors. It was 9.31% of everyone in work in the area. That count put City of London 33rd of 33 areas in London, where the middle area recorded 7,302. Barking and Dagenham was the next area up.
Full-time pay across all jobs in City of London, every occupation counted together, had a median of £68,663. That is 1st of 33 in London, against a regional middle of £42,346. Work of this kind pays £100,000 across the region, which is £31,337 more than the typical City of London job, about 46% above it.
Where the finance work itself is based is a separate question: City of London had 223,000 employee jobs in financial services, insurance and related activities in 2024, out of 657,000 employee jobs in the area altogether. At 33.9% of every job here, that ranks 1st of 33 in London, where the middle area sits at 1.31%.
- Residents in work as functional directors (SOC 113)
- 497
- Median full-time pay for functional directors across London
- £100,000
- Employee jobs in the area in financial services, insurance and related activities
- 223,000
- Financial services, insurance and related activities, share of all employee jobs in the area
- 33.9%
- Median full-time pay across all jobs in the area
- £68,663
- Residents of the area in work at the census
- 5,341
- Employee jobs in the area, all industries
- 657,000
The finance manager role
A finance manager owns the monthly cycle and the people who produce it: the close, the management accounts, the budget, the forecast and the explanation of why the numbers moved.
Finance manager jobs in City of London: common questions
How many people do this kind of work in City of London?
497 residents of City of London were in work as functional directors at the 2021 census, which was 9.31% of everyone in work there. That counts people who live in the area, whether or not they work there, and it is not a count of current vacancies.
What does this work pay around City of London?
Across London, £100,000 is the median for functional directors. In City of London itself the median across all occupations together is £68,663. ONS publishes pay by occupation for regions rather than for single councils, so the first figure covers the whole region. What any particular advert pays is on the advert.
Is there much of this work based in City of London?
223,000 of the 657,000 employee jobs in City of London are in the industries this role sits in, on the 2024 business survey. That counts jobs located in the area rather than people living there, and it is a count of jobs that exist, not of jobs being advertised.