Finance · East of England

Accountant salary in Cambridge, 2026

Median annual salary £48,300 based on ONS ASHE, East of England regional adjustment
Lower quartile
£36,800
Upper quartile
£66,700
vs UK median
+15%
Open jobs (est.)
2
Accountants in Cambridge earn a median £48,300 per year — 15% well above the UK average for the role, shaped by the Cambridge–Norwich research and pharma cluster. The middle 50% of earners sit between £36,800 and £66,700, and senior practitioners with a strong specialism push past £107,640. Pay rises are typically banded by experience rather than annual increment, so the route to higher earnings is changing employer or stepping up a level — not waiting for a cost-of-living adjustment.

Source: ONS Annual Survey of Hours and Earnings, 2025, adjusted for the East of England regional pay differential. Updated 2026-04-21. Methodology.

Median
£28,750£109,250
Lower quartile£36,800
Median£48,300
Upper quartile£66,700

Accountant salary by experience in Cambridge

That headline median masks a wide spread once you split Cambridge accountants by years of experience. The four bands below reflect what each tier typically commands in Cambridge — local figures, not UK averages, with each step usually triggered by a level change rather than an annual increment.

Experience level Salary range Median
Entry (0-2 yrs) £28,980 – £37,030 £33,005
Mid (3-5 yrs) £41,055 – £53,130 £47,093
Senior (6-10 yrs) £80,730 – £103,155 £91,943
Lead (10+ yrs) £106,519 – £145,763 £126,141
Cost-of-living adjusted: A £48,300 Accountant salary in Cambridge buys what £42,000 would buy at the UK average — that's 0% more real purchasing power than the national figure.

Gross figures only tell half the story — what actually lands in your bank account depends on tax, NI, student loan and pension. Run your own number below.

Take-home pay calculator · 2024/25

Accountant, Cambridge

£3,046take-home per month

£36,557/yr · £703/wk · effective rate 24.3%

Gross salary£48,300
Pension (5%)£2,415
Income tax£6,663
National Insurance£2,665
Net take-home£36,557

Earn more as a Accountant

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Pay ranges and take-home are the planning numbers; what you can actually move into right now is a different question. Live accountant vacancies in Cambridge are below.

Open vacancies · via Reed

2 live Accountant jobs in Cambridge

Live listings refresh daily. View the full set on Reed.

See all Accountant jobs in Cambridge

It's also worth seeing how Cambridge stacks up — both against the UK average and against other cities accountants commonly relocate between.

Accountant pay: Cambridge versus UK average

Cambridge
£48,300
UK average
£42,000

Accountant pay across other UK cities

Cambridge
£48,300
£53,760
£42,840
£41,160
£40,740

Bonus and total comp: what Accountants in Cambridge actually take home

Base pay is the easy part of finance comp to publish — bonuses are the harder, more variable bit, and where the real differentiation sits.

Base salary tells you about half the story for Accountants in Cambridge. The market splits along sector lines: corporate finance and FP&A roles inside a normal company pay close to the £48,300 median with a 5–15% bonus; investment-bank and buy-side roles pay similar base but layer on bonuses of 30–100%+ in a good year. That's why two Accountants on paper-equivalent jobs can take home wildly different totals.

AstraZeneca and the other major Cambridge employers tend to set the local base-salary floor, but year-end bonuses are where genuine earnings differentiation happens. Strong performers in front-office roles routinely double their base; back-office and risk roles are more bounded, with bonuses in the 10–25% range. Skills that move pay: ACCA, ACA, and the ability to own client conversations rather than only running models. Moving firm every 3–4 years is the standard route to step-changes in total comp.

Accountant salaries in cities near Cambridge

If Cambridge doesn't quite work for the role — commute, rent, partner's job — the same role in nearby cities tells you what the trade-off looks like in £ terms. The four comparisons below show how pay shifts within the same region — multipliers come from the ONS regional median pay differential, so the figures already account for the regional gap.

Other finance jobs in Cambridge

Adjacent finance roles often pay differently to accountant for similar skill profiles, which is useful when you're choosing what to specialise in next. Salaries for closely related finance roles in Cambridge are below — useful when comparing routes into or out of the Accountant track.

Roles with overlapping skills

Common questions about accountant pay in Cambridge, answered with the underlying figures from the same dataset used above.

Frequently asked questions

What is the average Accountant salary in Cambridge?

£48,300 per year is the median Accountant salary in Cambridge, drawn from ONS Annual Survey of Hours and Earnings data adjusted for the regional pay differential. Lower quartile sits at £36,800; upper quartile at £66,700.

How much does a Accountant earn per month in Cambridge?

About £4,025 gross, which works out at roughly £2,898 take-home after income tax and National Insurance for the 2024/25 tax year (assuming no student loan and a 5% pension contribution). Use the calculator above for a number that matches your own circumstances.

What is the starting salary for a Accountant in Cambridge?

Entry-level Accountants in Cambridge typically start between £28,980 and £37,030. Pay then steps up at the 3-year and 6-year marks — mid-level practitioners earn £41,055–£53,130, with senior roles reaching £80,730–£103,155.

Is Cambridge a good place to work as a Accountant?

Yes — strong on both pay and labour-market tightness. Cambridge pays 15% above the UK Accountant median, with major local employers including AstraZeneca, ARM, Microsoft Research. Cost of living runs at 115 on the UK-100 index, so £48,300 here has the real purchasing power of £42,000 at the national average. Unemployment of 2.6% gives a useful read on how tight the local labour market is — under 4% generally favours candidates on pay.

What skills do Accountants need to earn more?

Reaching the upper-quartile £66,700 band tends to come down to depth in ACCA, ACA, IFRS, plus a track record that lets you credibly take on senior or lead-level scope. Career outlook for the role is medium, so the speciality areas worth doubling down on are Tax and Audit.

Salary base figures: ONS Annual Survey of Hours and Earnings (2025), with regional adjustment from ONS regional median gross pay tables. Live job counts (where shown): Reed Jobseeker API, refreshed daily. Take-home calculations apply 2024/25 UK tax-year thresholds for England, Wales and Northern Ireland.