London is the UK’s deepest Finance Director market. The concentration of PE-backed businesses, listed and AIM companies, owner-managed businesses of £15m–£100m revenue and professional services firms means a steady flow of FD appointments at £95,000 and above, for ACA, ACCA and CIMA-qualified finance leaders with board-level reporting, investor relationship and strategic planning experience.
We want to be straightforward about how we handle these searches. Finance Director and CFO appointments are the core work of our sister firm FD Capital, and London FD searches that come to Accountancy Capital are run jointly with them. Accountancy Capital’s own focus is the qualified finance team beneath the FD — Financial Controllers, Finance Managers, FP&A and management accountants. Both firms are part of FD Capital Group, so an employer that needs an FD and the team around them can brief once.
This page covers London FD salary benchmarks, how to decide whether you need an FD at all, what London FD searches test for, and how the search works. For the role itself, see What Is a Finance Director? and our Finance Director job description.
How Accountancy Capital and FD Capital Work Together
- FD Capital runs the Finance Director, CFO, interim FD and fractional FD search: board-level candidates, investor-facing roles and urgent FD cover.
- Accountancy Capital recruits the team the FD relies on: Financial Controllers, Finance Managers, FP&A, financial and management accountants, permanent, interim and fractional, at £50,000 and above.
- Together, we can advise whether the right hire is an FD, a stronger FC, or a fractional FD over an existing team — and sequence the hires if you need more than one.
For FD searches outside London, see Finance Director recruitment; for larger groups, see London Group Finance Director recruitment and London CFO recruitment.
London Finance Director Salary Benchmarks
Typical base salary ranges for permanent London FD roles, by ownership and scale, with the typical interim FD day rate.
| London FD context | Typical base salary |
|---|---|
| FD — owner-managed business, £10m–£30m revenue | £95k–£135k |
| FD — owner-managed business, £30m–£80m revenue | £115k–£165k |
| FD — PE-backed business, £10m–£40m revenue | £110k–£150k |
| FD — PE-backed business, £40m–£100m revenue | £130k–£185k |
| FD — listed company / AIM | £145k–£220k+ |
| Interim FD (London day rate) | £600–£1,100/day |
PE-backed FDs typically earn a premium over owner-managed FDs at the same revenue scale, reflecting the investor reporting standard, the relationship with the fund and the pace of PE ownership; equity participation can matter as much as base salary. Ranges vary with sector, complexity and bonus structure, so treat them as a starting point. See the London accountancy salary guide and the UK Finance Director salary guide for wider benchmarks.
FD, Financial Controller or Fractional FD: Which Do You Need?
Many London businesses that start by asking for an FD actually need something slightly different. Getting this right saves a costly mis-hire: an FD who spends most of the week doing an FC’s job, or an FC asked to face investors they are not ready for.
| Financial Controller | Fractional FD | Full-time FD | |
|---|---|---|---|
| Main job | Accurate, timely numbers: close, audit, controls, team | Board-level judgement for part of the week | Owns financial strategy, the board and investor relationship |
| Typical fit | Reporting or controls need fixing first | Strong FC in place; strategic input needed one to two days a week | Investors, lenders, M&A or a board that needs constant FD engagement |
| Who recruits | Accountancy Capital | FD Capital | FD Capital, with Accountancy Capital for the team |
Hire a Financial Controller first if…
Month-end is late, the audit is painful, controls are weak or nobody trusts the balance sheet. An FD cannot build strategy on unreliable numbers, and a strong FC usually costs considerably less. Our guide to FC versus FD: when to hire goes through the signs in detail, and the London Financial Controller salary guide shows the cost difference.
Consider a fractional FD if…
The numbers are already sound, you need someone to lead a bank refinancing, prepare for investment or sit in board meetings, but there is not five days a week of FD work. A fractional FD over an existing FC is often the most cost-effective structure for a growing business that has outgrown its FC alone but not yet reached full-time FD scale. See our fractional Finance Director explainer; FD Capital runs these placements.
Hire a full-time FD if…
The business has institutional investors or a PE fund, significant lending, active M&A, a sale on the horizon, or a board that needs financial challenge every week. At that point, part-time leadership usually becomes a constraint.
What London FD Searches Test For
At £95,000–£165,000, London FD briefs consistently focus on five capabilities.
- Board-level financial leadership. Presenting the results, not just preparing them: turning management accounts into a commercial narrative, answering the board’s questions with evidence and challenging assumptions the numbers do not support. The legal responsibilities of a company director apply to a statutory FD as much as to the CEO.
- Investor relationship management. Communicating performance, risk and strategy to a PE investment director, institutional shareholders or the bank — a demanding, financially literate audience.
- Strategic financial planning. Owning the three to five year model, testing its assumptions and showing the financial consequences of strategic choices.
- Finance team leadership. Developing the FC, Finance Manager, management accountants and, in larger businesses, business partnering and FP&A — building capability, not just managing output.
- M&A and transactions. Preparing for due diligence on a sale, managing it on acquisitions, refinancing debt and managing working capital facilities.
For listed and AIM roles, familiarity with the Financial Reporting Council‘s governance and reporting expectations, including audit committee relationships, is part of the brief.
Brief a London FD Search — 0204 553 8893
London Finance Director searches run jointly with FD Capital, and the finance team beneath the FD recruited by Accountancy Capital. Same working day response. Email recruitment@accountancycapital.co.uk.
The First FD Appointment at a Growing Business
The most common London FD brief from owner-managed businesses is the first FD: a business of around £10m–£20m revenue that has been run financially by an FC, often a strong one, and now needs someone who can present to the board, manage the bank, lead a fundraising or refinancing and challenge the CEO’s plans on financial grounds.
Timing matters. An FD who arrives when the business needs board-level engagement adds something the FC role never included. An FD who arrives too early ends up doing the FC’s job at an FD’s salary. If you are unsure, a fractional FD can bridge the gap, and our guide on how to hire a Finance Director covers the decision in more depth.
The PE-Backed FD Market
PE-backed FD roles at £110,000–£185,000 are the most competitive part of the London FD market. The pool of FDs who have reported monthly to a fund’s investment director, run a fund reporting cycle and understand the investment thesis is smaller than the overall FD market, while demand from London’s PE-backed businesses is high. Strong candidates often have more than one option when they become available. Employers compete best with a market-tested salary and equity proposition, a clear brief and a credible account of the investment plan. See what PE investors expect of an FD.
What Makes a Strong London FD Brief
- Ownership and investor context — owner-managed, PE-backed, VC-backed or listed, and if PE-backed, where the fund is in its investment period.
- Board composition — who the FD reports and presents to: a founder, a PE investment director or a plc audit committee.
- Current finance team — the FC and Finance Manager and their strengths, because developing the team is a large part of the role. If gaps exist, Accountancy Capital can fill them alongside the FD search.
- Financial complexity — single entity or multi-entity group, UK-only or international.
- Strategic context — organic growth, M&A, exit preparation or restructuring.
Permanent and Interim FD Searches
For a permanent London FD, a shortlist typically follows within one to two weeks of an agreed brief. The overall timeline to a start date is usually several months, because FD notice periods are typically two to three months. Agreeing a realistic salary range before the search goes live is the single most useful step: a search launched below market will struggle whatever the timetable.
Interim FDs cover sudden departures, deal completions that need immediate FD cover and year-ends with no FD in post. Candidates can usually be put forward within days, at typical London day rates of £600–£1,100 depending on scale, ownership and scope. Interim engagements through a limited company need an assessment under HMRC’s off-payroll working (IR35) rules. See Interim Finance Director for more. Fees for any search are agreed in writing before it starts.
Building the Finance Team Beneath the FD
A new FD’s first months often reveal gaps in the team below: a close that depends on one person, no FP&A capability, or an FC stretched across too many entities. This is Accountancy Capital’s core work. We recruit management accountants, financial accountants, Finance Managers, Financial Controllers and FP&A professionals across London, permanent, interim and fractional, typically with a shortlist within one to two weeks for permanent roles and within days for interim cover. Our guide to how to structure a finance team sets out common shapes at different revenue levels.
From Financial Controller to Finance Director
The move from FC to FD is the biggest step change in a qualified finance career. The FC role is mostly operational — the close, the audit, the team and the controls — with some board and commercial work. The FD role broadly reverses that balance: the board, investors, strategic planning and commercial challenge come first, with a capable FC handling the close and audit. The FC who is ready for the step is already doing the strategic part of the role well and being held back by the operational part. See From FC to FD and Route to CFO. The ICAEW also publishes career and leadership resources for members making the move.
Registering as a Finance Director Candidate
FDs and senior FCs considering a London move — a step up from FC, or a move between FD roles — are welcome to register. FD-level briefs are shared with FD Capital, and FC-level briefs stay with Accountancy Capital, so one registration covers both. We look at your qualification, revenue scale, ownership track record (owner-managed, PE-backed, listed), sector and salary expectations. Registration is confidential. Register here or call 0204 553 8893.
London Finance Director Recruitment: FAQs
Does Accountancy Capital or FD Capital run my FD search?
FD and CFO searches are run jointly with FD Capital, whose core work they are. Accountancy Capital recruits the Financial Controllers, Finance Managers and FP&A staff beneath the FD. You can brief either firm.
What does a London Finance Director earn?
Typically £95,000–£135,000 at a £10m–£30m owner-managed business, rising to £145,000–£220,000+ at listed and AIM companies, with PE-backed roles usually paying a premium at the same scale.
How quickly can you produce a shortlist?
Typically within one to two weeks for a permanent FD, and within days for interim or fractional cover.
Should I hire an FD or a Financial Controller?
If the numbers are unreliable, hire an FC first. If the numbers are sound but you need board-level input part-time, consider a fractional FD. If you have investors, lenders or transactions that need weekly FD attention, hire a full-time FD.
What does it cost?
Fees depend on the role and whether it is permanent, interim or fractional, and are agreed in writing before a search starts.
Adrian Lawrence FCA — Founder, Accountancy Capital
Fellow of the ICAEW | Chartered Accountant holding an ICAEW practising certificate | Part of FD Capital Group
Adrian is a former listed-company Finance Director with a BSc from Queen Mary College, University of London, and founded FD Capital and Accountancy Capital as part of FD Capital Group. Having sat in the FD’s chair, he knows that a Finance Director is only as effective as the team beneath them. That is why our recruitment team treats the FD search and the finance team as one conversation.
Related Pages and Resources
FD Role Guides
What the role involves.
The Team Beneath the FD
Accountancy Capital’s London searches.
Interim and Fractional
Urgent or part-time FD cover.
Salaries and Careers
Pay benchmarks and the FC to FD step.
London Finance Director Recruitment — 0204 553 8893
FD searches run jointly with FD Capital, and the finance team beneath the FD from Accountancy Capital. Same working day response. Email recruitment@accountancycapital.co.uk.