Level 4

Completing the AAT Professional Diploma in Accounting (Level 4) qualification won’t guarantee you a certain salary or role, but it does give you a significant helping hand on the way to your dream job. The Level 4 course improves a student’s opportunities in their current or new role.

Now that you’ve studied topics such as tax, auditing and credit control from the Level 4 syllabus, you will be able to apply for more senior roles than after studying at Levels 2 and 3. The average salary for a role at Level 4 is £20,897 (2017 AAT Salary and Career survey).

To Bear in Mind

The tricky thing about salaries is that they vary depending on where you’re located and from business to business. A particular role in London, for example, is likely to have a higher salary than the same role outside of London.

If you would like to compare the salary of one particular role in multiple locations, we recommend looking at a salary calculator. There are many free to use salary calculators available online, and they will help you to work out how much you’re likely to take home from a specific role in a specific location.

Salaries You Can Expect at AAT Level 4 Standard

For today’s article, we’ve chosen to use the salary calculator provided by recruitment agency Monster. Let’s have a look at the UK roles and average salaries you will be qualified for after completing the Professional Diploma in Accounting:

  • Accounts Payable Clerk – £15,678 – £25,052 (average = £19,842)
  • Assistant Financial Accountant – £18,285 – £30,144 (average = £24,534)
  • Commercial Analyst – £19,731 – £44,040 (average = £28,200)
  • Cost Accountant – £21,763 – £38,184 (average = £29,973)
  • Finance Officer – £17,063 – £30,512 (average = £23,203)
  • Senior Bookkeeper – £18,121 – £34,269 (average = £26,195)

So, you can see from the above examples that salaries vary dramatically across the UK. Our advice is that if you’ve completed the AAT Level 4 qualification, a reasonable salary to aim for is around £20,000 from an accounting specific role (provided by the AAT 2017 Salary and Career survey).

If you’d like to discuss your career in accounting further, get in touch with Aspiring Accountants today. For more accounting news and career advice, subscribe to our newsletter.

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