Skip to content
Gallery
Welcome to RORA
Welcome
Our model
Your Role
Contracting at RORA
Candidate hub
Share
Explore
Salary

icon picker
Annual salary benchmarking

Every July we assess the salary bands at each step in the skills ladder and make any changes required.
The benchmarking is designed to ensure that our salaries respond to changing market conditions.
The salaries for FinOps Associates and FinOps Managers are closely correlated with those offered by the Big 4. This is because those firms are currently our most common source of new recruits. They also offer a relatively simple and transparent source of information.
Our business model is very different to the Big 4: we can’t rely on profits from stable FTSE 100 clients, and we need to ensure we have working capital available for growth. Our small size and relative growth create both challenges and opportunities for the team that are very different to a large practice. Our aim is therefore to match salaries offered by large practices, not to become an industry leader.
Further into the FinOps Lead skills ladder it becomes much harder to benchmark. At this stage startup finance roles are a more appropriate source of comparison than practice or consulting roles.
However, startups are also harder to benchmark against: Because they have such small finance teams, they typically don’t provide clear progression pathways, so the salaries are much more varied and less predictable. Their ready availability of VC cash means they can choose to pay people 10% more than their current salary to tempt them in. Finally, remuneration at this level typically also includes share options, which are not directly comparable with our profit share scheme.
At the same time our FinOps Leads also have the greatest ability to influence the performance of Quantico as a business. For that reason, we have chosen to reward progression in the Skills Ladder via increasing variable pay rather than a static salary.

Benchmarking exercise

How it works

Manager salary (big4 and industry)
Lead salary (industry - CFO/ FD salaries for startups)
Associate salary (Manager Big 4 in India)

Sources we use

Recruiter salary guides
LinkedIn job searches
Glassdoor
⁠
Otta
⁠
(good for startups / scaleups specifically)

Example

Quantico Position
Company
Role
Base Salary Average
Base Salary Lower
Base Salary Higher
FinOps Manager
10
Job ads
Finance Manager (1-50 employees)
£48,000
£30,000
£70,000
Flinder
Finance Manager
£48,000
£41,000
£55,000
Accountancy Cloud
Finance & Operations Manager
£52,500
£45,000
£60,000
Job ads
Finance Manager (London)
£55,000
£35,000
£77,800
PwC
Manager
£57,962
£53,000
£65,000
Job ads
Financial Controller (UK)
£60,000
£37,000
£83,100
Job ads
Financial Controller (London)
£65,000
£40,900
£85,900
Deloitte
Manager
£65,141
£56,000
£72,000
KPMG
Manager
£66,091
£60,000
£74,000
EY
Manager
£67,193
£63,000
£73,000
FinOps Lead
6
PwC
Senior Manager
£81,304
£73,000
£93,000
Deloitte
Senior Manager
£85,186
£76,000
£95,000
KPMG
Senior Manager
£88,059
£79,000
£98,000
EY
Senior Manager
£90,000
£81,000
£100,000
Job ads
CFO
£98,000
£54,000
£159,000
Job ads
Finance Director (London)
£105,000
£67,800
£160,000
FinOps Associate (nb our policy is to compare our lower levels to Senior Associate salaries and our upper levels to Manager salaries)
6
Flinder
Finance Associate
£19,500
£18,000
£21,000
PwC
Associate (Manager in India)
£19,854
£16,437
£24,000
EY
Associate (Manager in India)
£20,903
£19,854
£29,781
KPMG
Associate (Manager in India)
£21,385
£19,854
£29,781
Deloitte
Associate (Manager in India)
£25,030
£19,854
£29,781
Accountancy Cloud
Finance Analyst
£32,000
£28,000
£36,000
⁠

Benchmarking exercise
How it works
Sources we use
Example
Want to print your doc?
This is not the way.
Try clicking the ⋯ next to your doc name or using a keyboard shortcut (
CtrlP
) instead.