Finance and accounting in London
Finance manager jobs in Westminster
The 2021 census counted 8,844 residents working as functional managers and directors living in Westminster.
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Published figures for Westminster
What the official data says about Westminster
When the 2021 census counted occupations, 8,844 people living in Westminster were in work as functional managers and directors. It was 8.69% of everyone in work in the area. That count put Westminster 8th of 33 areas in London, where the middle area recorded 7,302. Tower Hamlets was the next area up.
Full-time pay across all jobs in Westminster, every occupation counted together, had a median of £53,923. That is 3rd of 33 in London, against a regional middle of £42,346. Work of this kind pays £100,000 across the region, which is £46,077 more than the typical Westminster job, about 85% above it.
Where the finance work itself is based is a separate question: Westminster had 64,800 employee jobs in financial services, insurance and related activities in 2024, out of 814,000 employee jobs in the area altogether. At 7.96% of every job here, that ranks 3rd of 33 in London, where the middle area sits at 1.31%.
- Residents in work as functional directors (SOC 113)
- 8,844
- Median full-time pay for functional directors across London
- £100,000
- Employee jobs in the area in financial services, insurance and related activities
- 64,800
- Financial services, insurance and related activities, share of all employee jobs in the area
- 7.96%
- Median full-time pay across all jobs in the area
- £53,923
- Residents of the area in work at the census
- 101,737
- Employee jobs in the area, all industries
- 814,000
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 Westminster: common questions
How many people do this kind of work in Westminster?
8,844 residents of Westminster were in work as functional directors at the 2021 census, which was 8.69% 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 Westminster?
Across London, £100,000 is the median for functional directors. In Westminster itself the median across all occupations together is £53,923. 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 Westminster?
64,800 of the 814,000 employee jobs in Westminster 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.