York College

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.

Industry Insights

Salaries for this occupation tend to start at £34,000 per annum and can progress up to £46,000 per annum.

Is it in growth or decline?

There are currently 13,256 employed Financial Accounts Managers in the region.

Current Vacancies

Accounts Assistant | Northern Lincolnshire & Goole NHS Foundation Trust

Northern Lincolnshire and Goole NHS Trust
29 Jul 2020

Financial Accountant

Hays Specialist Recruitment
7 Aug 2020

Area Distribution Manager - York

NewsTeam Group ltd
21 Jul 2020

Destinations of Completers July 2018

55% of students went on to other Further Education at York College

13% of students went on to other Higher Education

9% of students went on to employment

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